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  1. La succursale va fermer. C'est incroyable. On dirait presque un canular. Perte immense pour le patrimoine de Montréal... *** Royal Bank abandons historic 360 St. Jacques building June 23, 2010. 1:57 pm • Section: Metropolitan News The Royal Bank of Canada is closing its historic branch in Old Montreal, in what was once the tallest building in the British Empire and the bank’s head office. The image above, from Google Earth, shows the building (in the middle, foreground) and the skyscrapers that followed it. The bank has more on the history of the Montreal landmark here
  2. Avec quelques commentaires architecturaux pour vous tous. Source: Dallas News “This,” says Martin Robitaille, “is the Old Sulpician Seminary. It dates to 1685 and is the oldest building still standing in Old Montreal. And this,” he goes on, sweeping his hand at a building across the street from the seminary, “is Mistake No. 1.” The more formal name of the latter edifice is the National Bank of Canada Tower. It was finished in 1967 and is done in the International Style: 52 concrete pillars rising 32 stories, covered in black granite, framing black-tinted windows. “Its elegant, sobe
  3. The Saudi capital is unlikely to become an alternative to Dubai any time soon May 11th 2013 | RIYADH |From the print edition THE glass-clad skyscrapers are reaching ever higher into Riyadh’s dusty sky. The first tenants are due to move to the King Abdullah Financial District in the Saudi capital’s north-west later this year. But they may well find it a lonely place: enthusiasm is clearly lacking for the development, which boasts 42 buildings and 900,000 square metres of office space—similar in scale to London’s Canary Wharf. Granted, new office districts often take time to come to
  4. Source: Bloomberg Quebec’s unemployment rate fell to the lowest on record last month while Alberta’s surged to a two-decade high, underlining the the swing in Canada’s economic momentum through the recovery from an energy crash. Joblessness in the mostly French-speaking province fell to 6.2 percent in November from 6.8 percent in October, and in Alberta it climbed to 9 percent. The national jobless rate declined to 6.8 percent from 7 percent, Statistics Canada said Friday from Ottawa. “I’m stunned -- it’s a banner year” for Quebec, said Sebastien Lavoie, assistant chief economist a
  5. http://business.financialpost.com/2011/10/14/rbc-trades-bay-street-for-bay-view/ They are going to have a nice new place.
  6. (Courtesy of the Financial Post) Congrats to the National Bank of Canada. Singapore supposedly like the new Switzerland.
  7. (Courtesy of the Financial Post) RBC is pulling out, yet BMO and TD are expanding. Lets see what happens.
  8. (Courtesy of The Financial Post) It is pretty easy you sign up with your credit card or debit and few days later you get your gold delivered to your front door I read somewhere else you can buy up to $6000 CDN worth of Gold per day so almost 6 ounces. Scotia Mocatta
  9. GDS

    2009 Global 500

    Rank Company Global 500 rank Revenues ($ millions) City 1 Royal Bank of Canada 211 $36,616 Toronto 2 Power Corp. of Canada 226 $35,125 Montreal 3 George Weston 254 $32,361 Toronto 4 Manulife Financial 276 $30,948 Toronto 5 EnCana 284 $30,064 Calgary 6 Suncor Energy 325 $27,680 Calgary 7 Petro-Canada 340 $26,054 Calgary 8 Bank of Nova Scotia 343 $25,944 Toronto 9 Onex 353 $25,207 Toronto 10 Toronto-Dominion Bank 354 $25,070 Toronto 11 Magna International 384 $23,704 Aurora 12 Husky Energy 396 $23,162 Calgary 13 Bombardier 468 $19,721 Montreal 14 Bank of Montreal 4
  10. Canada's inflation rate jumps to 3.1 per cent Canwest News Service Published: 1 hour ago OTTAWA - The annual rate of inflation in Canada jumped to 3.1 per cent in June, the biggest rise in almost three year years, fuelled by soaring gasoline prices, Statistics Canada said Wednesday. Most economists had expected an overall inflation rate last month of 2.9 per cent from a year early, compared with a year-on-year increase of 2.2 per cent in May. "Gasoline prices increased 26.9 per cent between June 2007 and June 2008, significantly higher than the 15 per cent advance posted in Ma
  11. Canada to switch to plastic bills next year Last Updated: Saturday, March 6, 2010 | 2:19 PM ET CBC News They say money doesn't grow on trees. Well, the federal government has taken that adage to heart — it announced earlier this week that Canada's paper-cotton banknotes would be replaced by newly designed plastic ones next year. It's part of a plan to modernize and protect Canadian currency against counterfeiting. The new plastic bills, made from a polymer material, are harder to fake, recyclable, and two to three times more resistant to tearing, the Bank of Canada said. Aus
  12. (Courtesy of The National Post via. The Montreal Gazette) Interesting idea. I just hope they can phase out the penny once and for all.
  13. New York City fears return to 1970s Tue Jan 27, 2009 By Joan Gralla http://www.reuters.com/article/newsO...50Q6IH20090127
  14. La banque américaine en cours de rachat par Bank of America a de nouveau enregistré de lourdes pertes au troisième trimestre, marqué par près de 10 G$ US de dépréciations. Pour en lire plus...
  15. Cette décision fait suite du rachat de la banque d'affaires Merrill Lynch et en raison du «mauvais climat économique». Pour en lire plus...
  16. From what I heard from my father, I can only have 40% of my portfolio in other markets. So what companies should I look for here in Canada? Only one I can think of is Bank of Montreal. I would put some in Bombardier but it will never go up, plus I am iffy on Bell and Rogers.
  17. Trump Files Suit Against Lenders Developer Seeks to Extend $640 Million Loan on a Chicago Skyscraper Wsj.com By ALEX FRANGOS Tall Trouble: Donald Trump's Chicago skyscraper project, the Trump International Hotel & Tower, during construction in July. Mr. Trump is suing to extend a $640 million senior construction loan on the 92-story Trump International Hotel & Tower from a group of lenders led by Deutsche Bank AG and including a unit of Merrill Lynch & Co., Union Labor Life Insurance Co., iStar Financial Inc., a publicly traded real-estate investment trust, and H
  18. La première banque allemande ne fait pas exception dans le secteur bancaire, prévoyant une perte importante pour l'année 2008. Pour en lire plus...
  19. CIBC on St Jacques moved into Quebecor-Videotron and now RBC on St Jacques is planning on moving into the "Stock Exchange Tower" near Square Victoria in 2012. I am quite surprised to get a letter from RBC this morning saying they were moving. It was such a wonderful location. I guess the rent was getting to high for them. Seeing in the letter, they were only occupying about 20% of the building now. Interesting thing is about the RBC building, its owned and managed by a company that operates out of Halifax, but the head guy runs a business in New York called "Time Equities Inc". The com
  20. Caisse-led bailout met with cautious optimism Central bank and Finance Minister welcome Montreal proposal TARA PERKINS and JOHN PARTRIDGE AND HEATHER SCOFFIELD August 17, 2007 Already coined the "Montreal proposal," the Caisse-led plan to bail out a battered $40-billion portion of the commercial paper market is not a sure-fire solution yet. Jerry Marriott, managing director of asset-backed securities at DBRS Ltd., was blunt when asked whether the proposal is a complete answer to the crisis in the third-party asset-backed commercial paper (ABCP) sector. "We don't know," he
  21. Investing in infrastructure A question of trust Chicago pioneers a new way of paying for infrastructure May 12th 2012 | CHICAGO AND WASHINGTON, DC | from the print edition FOR decades America has underinvested in infrastructure—even though poor roads, delayed flights, crumbling bridges and inefficient buildings are an expensive burden. Deficiencies in roads, bridges and transport systems alone cost households and businesses nearly $130 billion in 2010, mostly because of higher running costs and travel delays. The calculated underinvestment in transport infrastructure alone runs to ab
  22. Growth in mining sector reshaping Quebec economy BARRIE MCKENNA OTTAWA— Globe and Mail Blog Posted on Thursday, March 15, 2012 12:48PM EDT http://www.theglobeandmail.com/report-on-business/economy/economy-lab/daily-mix/growth-in-mining-sector-reshaping-quebec-economy/article2370299/ Think of the Quebec economy, and the traditional drivers are energy, forestry and manufacturing. But there’s a new engine in Quebec – mining – and it’s reshaping the economy of both the province, and the country. Investment in the province’s mining industry is expected to reach $4.4-billion this year, u
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