CPP Investments sells stake in office portfolio in Western Canada
Oxford Properties takes full ownership of seven office towers in $730M deal
- By: The Canadian Press
- June 3, 2025 June 3, 2025
- 12:04
Oxford Properties takes full ownership of seven office towers in $730M deal
Analysts expect the ECB to cut rates by a quarter percentage point this week as concerns mount over U.S. tariffs
U.S. imports dropped sharply in April, likely didn't recover in May
Retaliatory tariffs on U.S. goods drive sharp revenue spike
Premiers aim to fast-track key infrastructure amid escalating U.S. trade disputes and growing regional economic challenges
Inflation looks temporary, but growth risks persist
Premiers to press PM to speed up approvals for major projects
Retaliatory measures could take effect July 14
The central bank is expected to hold rates on Wednesday, but some economists say there are "psychological" reasons for a cut
However, economists say the underlying data 'wasn’t as impressive as it looked'
That compares with $50.9B deficit in the same period of 2023-2024
CEO reports progress one year after posting a $117.5M quarterly net loss
Consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March
Stock market gains and rising corporate profits boosted performance-linked compensation
Tim Leissner admitted to bribing officials and helping steal over $4.5B from Malaysia state fund
Exporters rushed to sidestep U.S. tariffs, pushing GDP higher despite housing slowdown and weak household spending
Flows into low-cost vehicles far outpaced mutual funds over the past decade: Morningstar
The U.S. administration is expected to seek a stay of the decision, which would keep the levies in place pending an appeal
Monthly payrolls shrink, total labour demand contracts
Canadian commercial banking and wealth management segment posted a net income of $549M
Revenue rose to $15.7 billion as profit and loan loss provisions increased
Officials call for urgent provincial action to address crisis and climate risks