Delta variant may mute Q3 earnings performance at the Big Six banks
08/23/2021 9:47 AMFor the past two quarters, Canada’s big banks have crushed earnings expectations and their shares have enjoyed sharp post-earnings rallies. They also began releasing large sums of money previously set aside for loans that could potentially go bad – all of which flowed...
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Entire Show – Aug. 21st
08/21/2021 11:12 AMTwo election issues that will impact Canada for generations. Mike talks about why it's only Moneytalks podcasts from now on and stock picking genius, Ryan Irvine's got a couple of new companies that few have heard of. Plus an ex-CIA ops officer on the fall-out from...
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Quote of the Week, Shocking Stat and Goofy Award – Aug. 21st
08/21/2021 11:00 AMQuote of the Week: A former CIA Ops officer gives a chilling account of the fall-out from the debacle in Afghanistan that will scare the heck out of you. Shocking Stat: Arguably the most chilling stat coming out of the Afghan withdrawal. Goofy Award: Facebook's absurd...
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Mike’s Comment – Aug. 21st
08/21/2021 10:36 AMThe PM says this election will decide policy that could impact us for decades - Mike agrees - and gives pivotal 2 examples so please pay...
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Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
08/20/2021 3:58 PMFacebook said Wednesday that the global payments system is seriously flawed and that the social media giant can fix it. “Change is long overdue,” Facebook’s David Marcus wrote in a blog post. Marcus, the former PayPal chief hired in 2018 to lead Facebook’s blockchain...
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Mortgage Funds – 3 Things to Know Before Investing
08/20/2021 1:42 PMMortgage funds, commonly referred to as MICs, have grown in popularity as investors look for alternative ways to generate stable income. These funds earn interest by lending money, secured against real estate, to borrowers who don’t fit the increasingly rigid...
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Amazon Is Reportedly Planning to Open Its Own Department Stores
08/20/2021 10:45 AMAmazon is like that monster from horror movies that kills its victims then assumes their identity. The company is planning to open several large brick-and-mortar retail locations in the US that resemble department stores, the WSJ reports. The physical stores will...
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Majority of Canadian small businesses plan to require vaccination for staff: survey
08/20/2021 10:22 AMNearly two-thirds of small and medium-sized businesses in Canada plan to make COVID-19 vaccination mandatory for their employees, according to a new survey. A full 62% of businesses that were polled said they would implement a plan requiring immunization. Another 84%...
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Chip crisis threatens to cut auto output by 7.1M cars
08/20/2021 10:03 AMThe global shortage of semiconductors will cut worldwide auto production by as many as 7.1 million vehicles this year, and pandemic-related supply disruptions will hobble the industry well into next year, IHS Markit said. The lack of chips won’t stabilize until the...
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My Last Business Comment on Corus
08/20/2021 6:44 AMAnd the Prime Minister says, "forgive me if I don’t think about monetary policy.” So who the heck wants to hear a business comment about interest rates, inflation or record deficits. Clearly he...
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