Monetary And Economic News & Commentary

Ontario will take matters into its own hands by elevating its tax on foreign homebuyers if the federal authorities doesn’t make good on a campaign promise to clamp down on overseas shopping for activity, BNN Bloomberg has learned. Shares of Cerner Corp. jumped as much as 22 per cent following a report that Oracle Corp. is in talks to purchase the medical-records firm for about US$30 billion, part of the software maker’s push into health care. Investors who put money into Bridging Finance may be left with 65 cents on the dollar, if not much less, based on the beleaguered lender’s court-appointed receiver. Global provide Finance chain woes are prime of mind for many Canadians this yr as the vacations shortly method. Get a weekly rundown of the top news, stock moves and have stories on the burgeoning marijuana sector, despatched straight to your inbox. [newline]December 15, 2021 • The …