Official Canada Thread with Current News

[klein]

Canadian Banks taking over US banks and financial institutions !

TD Bank Confirms $6.3 Billion Chrysler Financial Buy


TD's deal caps a year of several U.S. acquisitions made by Canadian lenders, which emerged from the financial crisis relatively unscathed and in a stronger position than its U.S. peers. Ranked the soundest by the World Economic Forum for three straight years, Canadian banks are using their excess capital to diversify and expand outside of their home market. Last week, Bank of Montreal, the country's fourth-largest lender, agreed to buy Milwaukee, Wis.-based Marshall & IIsley Corp. (MI) in a share swap valued at $4.1 billion, its biggest deal in 26 years.

Earlier this year, TD, the largest shareholder in TD Ameritrade Holding Corp. (AMTD), bought Greenville, S.C.-based South Financial Group Inc. and three troubled Florida banks from the Federal Deposit Insurance Corp. to extend its footprint down the U.S. eastern seaboard from Maine to Florida. TD, which has spent about C$20 billion over the past six years to build its U.S. consumer bank, now has more bank branches in the U.S. than in Canada.

 

[wkmac]

Canada's Enduring Afghan Role

 

[wkmac]

America’s not so “free market” leads to capitalistocracy

 

[klein]

Good morning "mac". Was gonna reaD the above article, but the link doesn't work

 

[trplnkl]

Good morning "mac". Was gonna reaD the above article, but the link doesn't work

Works fine for me. Maybe the Canadian government has that site blocked.

 

[cachsux]

Canada, Safe for people, Bad for dogs.


http://travel.usatoday.com/destinat...dog-boycott-after-canadian-slaughter/142221/1

 

[klein]

Canada more conservative then the USA !


TODAY - May 27, 2011

One way Canada beats the United States

Our neighbours to the south are taking lessons from the way we manage this key area. 'A really good model'

ByJoe Mont, Staff Writer , On Tuesday May 24, 2011, 8:30 am EDT

BOSTON (TheStreet) -- The Great White North is a beauty, eh.
Throughout the financial crisis that pummeled most of the world, Canadian institutions not only survived, they thrived. That success, credited to a mix of regulatory and cultural forces, may offer insight to U.S. institutions and investors.

"All we have to do is look north and we can see a really good model for how to do business as a country," says Peter Maris, CFP, founder and principal of Resource Financial Group in Wilmette, Ill.
"They are more conservative as a nation than we are and a lot less greedy, if I may use that term," he explains.

 

[moreluck]

If you are so proud of your "conservative" Canada......then why do you protect a liberal Obama and not back a conservative like Palin, Cain, Romney, etc, all conservatives. Tea Party = conservatives.

Your BFF, TOS is against the conservatives. You don't seem to stand for anything. You're just blowin' in the wind.

 

[klein]

Because your conservatives are crazy and have gone wild !
They (Reagan) was responsible for dismantling the Banking System and Wall Street (let the free market make their own regulations)....
Created a crazy fake housing boom.
Won't budge on increasing taxes !
Want to privatize SS and medicare now !

Everything in the US has to be for profit, good luck privatizing the above , because insurance companies and banks will be making record profits, while the people get less !

You guys (tea party and repubs) are beyond conservative. They want to go back to the 1900 century and slave labour ! Let the business owners rake in all the cash, while the workers get nothing !

 

[moreluck]

So you believe in having a business making no profit?? Didn't seem that way when you were talking up the cart....make lots of money each day is what you said.

Ask Barney Frank about the housing......he's a Democrat who assured the country that Fannie Mae & Freddie Mac were in fine financial shape and they weren't (lied!)

 

[klein]

How can you compare a hot dog cart (1 person self employed), that makes his own money, with corperations that make money from people that work for them ?
Whats next, you gonna kill the baby sitter ?

 

[moreluck]

How can you compare a hot dog cart (1 person self employed), that makes his own money, with corperations that make money from people that work for them ?
Whats next, you gonna kill the baby sitter ?

You're the one who said that "everything in the US has to be for profit". So I figured you folks in Canada don't bother with profits....just work for the fun of it eh?

 

[Lue C Fur]

You're the one who said that "everything in the US has to be for profit". So I figured you folks in Canada don't bother with profits....just work for the fun of it eh?

They work for more "Likor".

 

[klein]

Here DS, like I told you, when you retire move and get a cheaper home !

TODAY - May 28, 2011

Best cities in Canada to buy real estate

While the price of owning a home rises across the country, these sizzling cities offer affordable options. See the list

 

[cachsux]

Because your conservatives are crazy and have gone wild !
They (Reagan) was responsible for dismantling the Banking System and Wall Street (let the free market make their own regulations)....
Created a crazy fake housing boom.
Won't budge on increasing taxes !
Want to privatize SS and medicare now !

Everything in the US has to be for profit, good luck privatizing the above , because insurance companies and banks will be making record profits, while the people get less !

You guys (tea party and repubs) are beyond conservative. They want to go back to the 1900 century and slave labour ! Let the business owners rake in all the cash, while the workers get nothing !

Hey! Slavery gets stuff done!

 

[Babagounj]

Big Peace:

The Montreal-based group Alternatives has received $5 million from the government in recent years. It is also listed as one of the “Canadian Endorsers” on the Canada Boat to Gaza website.
The Canada Boat to Gaza (CBG) will carry a delegation to Gaza in the end of June on a boat named Tahrir, meaning “liberation” in Arabic, along with at least 12 other ships from around the world.
​

 

[Lue C Fur]

Big Peace:

The Montreal-based group Alternatives has received $5 million from the government in recent years. It is also listed as one of the “Canadian Endorsers” on the Canada Boat to Gaza website.
The Canada Boat to Gaza (CBG) will carry a delegation to Gaza in the end of June on a boat named Tahrir, meaning “liberation” in Arabic, along with at least 12 other ships from around the world.
​

Was this the same group a year ago that fired on Israel's military and started beating them with pipes when they were suspected of smuggeling goods to Hamas?

 

[klein]

Looks like they left the USA out sofar, but their best friend GB is in it.

So far, France, Germany, Britain, Italy, Ireland, Belgium, Norway, Holland, Switzerland, Greece, Sweden and Spain will join Freedom Flotilla 2 in late June. The European Campaign to End the Siege of Gaza (ECESG), one of the flotilla's sponsors revealed that the ships will carry country-level legislators and members of the European Parliament among their passengers, which will number in the hundreds.

 

[Babagounj]

http://www.israelnationalnews.com/News/News.aspx/138671
Bargain Prices for 'Zionist' Clothes in New Gaza Luxury Mall


While Hamas continues to complain that Gaza lacks building materials, a luxury mall in Gaza City held its grand opening over the weekend. Among the goods on sale are Israeli men's clothing, and items from Turkey, France, and the United States.
Pictures of the new mall were featured on the Palestinian Authority Safa website and by the Associated Press.
A variety of stores sell cosmetics, clothing, office supplies, toys, shoes, appliances and more. The mall boasts air conditioning and a delivery service.
Hamas has often accused Israel of creating a “siege” by keeping its border crossings to Gaza closed. According to Hamas, Gaza lacks electricity and building supplies.

Photojournalist Tom Gross, who publicized photos from Saturday's event on his website,posted pictures of fancy restaurants, shops filled with goods, and even an Olympic-size swimming pool during the “Israeli siege,” pointed out that Gaza enjoys a higher standard of living than Turkey, which recently sent citizens on a flotilla to Gaza in violation of an Israeli naval blockade of Hamas. Noting that life expectancy and literacy rates are higher in Gaza than in Turkey, while infant mortality rates are lower, he asked, “Have they considered that perhaps the humanitarian flotillas ought to be going in the other direction, towards Turkey?”

 

[klein]

Canadian unemployment rate falls to 7.4 per cent, as 22,300 jobs added in May



OTTAWA - Canada's unemployment rate has fallen to the lowest level in more than two years as a combination more jobs and fewer people actively seeking work in May pushed the rate to 7.4 per cent.

Statistics Canada said 22,300 new jobs were created last month, slightly above consensus following the previous month's strong 58,000 gain.

The last time Canada's employment rate was as low as 7.4 per cent was in January 2009, a few months after the economy had been plunged into the deep global recession.