Xhns E-commerce revenue and a new president lift Indigo stocks while new shares dilute the value of Ballard Power Systems 鈥?here are this week s corporate winners and losers
TORONTO 鈥?The CEOs of two of Canada biggest banks say liquidity troubles at mortgage lender Home Capital are not indicative of a broader problem, but they are monitoring their mortgage portfolios in light of concerns about high house prices.Home Capital doesn ;t pose a systemic risk because it comprises only one per cent of the mortgage market, Royal Bank CEO David Mc stanley thermos mug Kay told a stanley mugs nalysts Thursday.If Home Capital TSX:HSG continues to experience funding problems, those loans will simply be refinanced by other lenders, McKay said. ARTICLE CONTINUES BELOW It is an anomaly, McKay said after the bank TSX:RY reported $2.81 billion of net income during the second quarter, up nine per cent from a year ago.There really wasn ;t a credit reaso stanley vaso n to drive the liquidity challenges that Home Capital faced, but more a lack of confidence based on some disclosure. ARTICLE CONTINUES BELOW The health of Canada mortgage market has been a subject of much discussion in recent weeks, particularly after customers began pulling their deposits out of Home Capital, leaving the lender in a cash crunch.The withdrawals started after Ontario securities watchdog alleged the company had misled investors in how it handled a scandal involving falsified loan applications. Home Capital has said the allegations are without merit and that it will defend itself. Nofg Layers of ice : Live traffic and weather warnings in Oakville and Burlington as well as Milton and Halton Hills for Tuesday, Jan. 10
OTT stanley cup website AWA鈥揅anadas air force is rushing to purchase the equipment necessary to transport patients with highly infectious diseases on m stanley taza ilitary planes in the wake of the COVID-19 pandemic.The Department of National Defence is in the market for a bio-containment evacuation system that would allow it to safely transport patients on existing transport planes.The purchase is explicitly tied to the current pandemic, with procurement documents released last week indicating that the Royal Canadian Air Forc stanley cup e currently cannot safely transport numerous patients with highly infectious diseases on military aircraft while providing the appropriate level of medical care and while protecting the aircrew and medical team from exposure to an infectious pathogen. ARTICLE CONTINUES BELOW The proposed new system would be installed on existing transport planes 鈥?the CC-177 Globemaster or the CC-130J Hercules 鈥?and must be able to safely transport at least four patients at a time.The primary intention is to be able to evacuate Canadian Armed Forces personnel who have been exposed to an infectious disease while deployed, although the Department of National Defence noted having the medevac capability also lines up with Ottawas strategic demands. ARTICLE CONTINUES BELOW The project is in support of federal efforts to assist civil authorities and non-governmental partners in responding to major international
TORONTO 鈥?The CEOs of two of Canada biggest banks say liquidity troubles at mortgage lender Home Capital are not indicative of a broader problem, but they are monitoring their mortgage portfolios in light of concerns about high house prices.Home Capital doesn ;t pose a systemic risk because it comprises only one per cent of the mortgage market, Royal Bank CEO David Mc stanley thermos mug Kay told a stanley mugs nalysts Thursday.If Home Capital TSX:HSG continues to experience funding problems, those loans will simply be refinanced by other lenders, McKay said. ARTICLE CONTINUES BELOW It is an anomaly, McKay said after the bank TSX:RY reported $2.81 billion of net income during the second quarter, up nine per cent from a year ago.There really wasn ;t a credit reaso stanley vaso n to drive the liquidity challenges that Home Capital faced, but more a lack of confidence based on some disclosure. ARTICLE CONTINUES BELOW The health of Canada mortgage market has been a subject of much discussion in recent weeks, particularly after customers began pulling their deposits out of Home Capital, leaving the lender in a cash crunch.The withdrawals started after Ontario securities watchdog alleged the company had misled investors in how it handled a scandal involving falsified loan applications. Home Capital has said the allegations are without merit and that it will defend itself. Nofg Layers of ice : Live traffic and weather warnings in Oakville and Burlington as well as Milton and Halton Hills for Tuesday, Jan. 10
OTT stanley cup website AWA鈥揅anadas air force is rushing to purchase the equipment necessary to transport patients with highly infectious diseases on m stanley taza ilitary planes in the wake of the COVID-19 pandemic.The Department of National Defence is in the market for a bio-containment evacuation system that would allow it to safely transport patients on existing transport planes.The purchase is explicitly tied to the current pandemic, with procurement documents released last week indicating that the Royal Canadian Air Forc stanley cup e currently cannot safely transport numerous patients with highly infectious diseases on military aircraft while providing the appropriate level of medical care and while protecting the aircrew and medical team from exposure to an infectious pathogen. ARTICLE CONTINUES BELOW The proposed new system would be installed on existing transport planes 鈥?the CC-177 Globemaster or the CC-130J Hercules 鈥?and must be able to safely transport at least four patients at a time.The primary intention is to be able to evacuate Canadian Armed Forces personnel who have been exposed to an infectious disease while deployed, although the Department of National Defence noted having the medevac capability also lines up with Ottawas strategic demands. ARTICLE CONTINUES BELOW The project is in support of federal efforts to assist civil authorities and non-governmental partners in responding to major international