BREAKING: Royal Bank of Canada to buy HSBC Bank Canada for $13.5 billion
RBC said it will acquire all of HSBC Canada’s shares, and the bank’s earnings from June 30, 2022 will accrue to RBC.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
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HSBC agrees to sell its business in Canada to RBC for $13.5-billionThe transaction is expected to complete in late 2023 and will result in a pre-tax gain of $5.7-billion for HSBC, the bank said in a statement
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Canada 1-2 Croatia: Live updates as Canada searching for next goalThe Canadian men’s national team are losing 2-1 in their FIFA World Cup match against Croatia on Sunday, a game where they must pick up at least one point or risk elimination. CTVNews.ca will follow the match live.
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Canada 1-3 Croatia: Live updates as Canada staring World Cup exit in the faceThe Canadian men’s national team are losing 3-1 in their FIFA World Cup match against Croatia on Sunday, a game where they must pick up at least one point or risk elimination. CTVNews.ca will follow the match live.
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Canada vs. Croatia game: Canada eliminated from World Cup after 4-1 lossCanada won't need to wait another 36 years for an appearance at the men’s World Cup. As co-host in 2026, alongside the U.S. and Mexico, Canada automatically qualifies and gets another crack as the World Cup returns to its usual summer slot.
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Leading the way: Canadian aerospace industry poised for successWas the Avro Arrow the last great accomplishment for the Canadian Aerospace sector? Have the collective efforts of the men and women in our industry peaked with a class-leading fighter aircraft designed in the late 1950s? With bold leadership and initiative, we can once again empower the more than 200,000 men and women in Canada to lead, grow, and power Canada’s economic engine. To set about the conditions for this future state. We need to establish a baseline understanding of two principle conditions: bold leadership and incentives. Bold leadership is required to establish any new enterprise and push for change in an existing system. A quote from former U.S president John F. Kennedy can best describe it: “We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills.” This bold leadership is foundational. It recognizes that we should proudly stand behind, push, and promote our Canadian aerospace industry to meet the challenges of today and tomorrow. Secondly, a government’s principal purpose is to create two types of incentives: incentives to promote the right action and incentives to prevent the wrong action. Incentives serve as a key requirement in order to sustain the interest of the key stakeholders. Charlie Munger of Berkshire Hathaway once said, “show me the incentive, and I’ll show you the outcome.” The proper mix of monetary and non-monetary incentives will need to be in place to create the conditions for a prosperous aerospace industry in Canada. The next steps: a plan to lead in Canada Canada must lead in the adoption of drone and advanced air mobility solutions As Canadians, we celebrate the geographic reach of our country. “From coast to coast to coast.” This obligation extends to the monitoring and defence of our sovereign territory. The Government of Canada should create a made-in-Canada requirement to
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Report: Princess Charlotte To Receive Royal Title Once Held By The QueenThere had been an expectation among royal watchers that King Charles would grant the title of the Duke of Edinburgh, held by Prince Philip until his death last year, to Prince Edward. However, the Daily Mail is reporting that Charles has other plans for that particular title, which will honour his mother, the late Queen Elizabeth II.…
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