Another one of our big banks has exceeded earnings expectations in its latest quarterly report.
Scotiabank earned close to one-billion dollars during its most recent quarter, which was up seventeen-percent from the corresponding three month period from last year.
While "The Royal" was the sole exception, the big banks have reported profits ahead of what analysts had forecast for the last quarter.
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Who's A Minority?
Some startling demographic forecasting from Statistics Canada.
The federal agency says that Caucasians will become a visible minority in Toronto and Vancouver by the year 2031.
Stats Can projects that by then, nearly 14-1/2-million residents of this country will be considered visible minorities, which would be one-third of the nation's population.
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Healthy Home Building In Brantford-Brant
The president of the home builders' association in Brantford and Brant County says local trends somewhat reflect a recent nationwide, Royal Bank survey that found an increase in the number of people planning to buy a new house.
While he feels the main reason is that people want to lock-in mortgages at current low interest rate levels, Kevin Fergin says another reason is the 13-percent "Harmonized Sales Tax" which will take effect in this province on July 1st.
Meantime, Fergin and his fellow association members are expecting a very good spring for single family home starts, and possibly another surge later in the year when the impact of the "H-S-T" is better known.
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Selling Waterloo Region In The "Golden State"
With the goal of promoting Waterloo Region, officials of "Canada's Technology Triangle" have joined the "Ontario Technology Corridor" caravan which is touring California.
This week's tour will make stops in Los Angeles and San Francisco.
The "C-T-T" representatives will be touting Waterloo Region's advances in the digital media sector to animation, special effects, and video game companies in California.
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FM 92.1 Sports
N-H-L.....An overtime goal by Nikolai Kuleman capped-off a 4-3, come-from-behind victory for the Toronto Maple Leafs over the Boston Bruins......the Montreal Canadiens defeated the Tampa Bay Lightning, 5-3........the Ottawa Senators racked-up three unanswered goals in the third period to beat the Edmonton Oilers 4-1......the Vancouver Canucks roared back from a 4-1 deficit in the second period to stun the Colorado Avalanche, 6-4......and.....two quick goals in the third period lifted the Calgary Flames to a 4-2 triumph over the Detroit Red Wings.
SENIOR "A" ROUND-ROBIN PLAYOFFS......Whitby rolled 6-2 over Norwood.
JUNIOR "B" PLAYOFFS......Brantford hammered Kitchener 6-1 as the Golden Eagles outshot the Dutchmen 46-24 enroute to taking a three-games-to-one lead in their best-of-seven.......the Waterloo Siskins shut out the Guelph Dominators 3-0 to take a three-games-to-one series lead.....the Stoney Creek Warriors completed a four-game sweep of Wheatfield by outscoring the Junior Blades, 6-5.....and.....Elmira leads its opening round series three-games-to-2 after a 5-3 win over Listowel.
JUNIOR "C" PLAYOFFS.....In the Niagara West championship, Norwich nipped Simcoe 2-1 to take a two games to one series lead......and.....Dundas was shaded 4-3 in overtime by Grimsby which has tied the Niagara East final at two wins each.
N-B-A.......On the West Coast, the Toronto Raptors were outlasted 109-107 by the Los Angeles Lakers.
CURLING......The Ontario rink of Glenn Howard leads the pack with a perfect 7-and-0 record, while sitting in second place is Newfoundland and Labrador at 6-and-1.
