The theme of “growth” will become a central theme in the coming quarters

The theme of "growth" will become a central theme in the coming quarters

Despite the still-cautious tone from central bankers about the end of the tightening cycle, necessary to maintain an ounce of credibility to keep inflation expectations anchored, investors are no longer wrong and considering rate hikes as of old. Macroeconomic data released last week confirms the continued movement of disinflation and outlines an ideal “soft landing” … Read more

“It’s not my choice”: Bruno Le Maire is not in favor of Livret A financing the French military industry

"It's not my choice": Bruno Le Maire is not in favor of Livret A financing the French military industry

© Bloomberg/GETTY IMAGES – The Minister of Economy also congratulated the military programming law. “Let’s think about savings product dedicated to defense», urged Bruno Le Maire, this Thursday 23 November on franceinfo. In the 2024 Finance Bill adopted at first reading, the amendment allows the use of Livret A and Sustainable Development Booklet (LDD) resources … Read more

Criteria, procedures… Everything you need to know about transitional rental housing (LLI)

Real estate: loan rates, banks, property prices... to recover the market in 2024?

In order to restart the construction of houses, the executive wishes to “double the production of transitional rental housing (LLI)” in stressed areas, from now until the end of the five-year period (increase from 15,000 to 30,000 units per year). This Thursday, November 16, in Dunkerque, Élisabeth Borne announced the commitment of the State and … Read more

Precision Drilling reported a 35% drop in profit in 3Q.

Precision Drilling reported a 35% drop in profit in 3Q.

Posted on 10/26/2023 at 11:43 am Precision Drilling attributed the 4.1% year-over-year increase in revenue to firmer drilling and services revenue, partially offset by lower activity. (Photo: The Canadian Press) Precision Drilling on Thursday reported third-quarter profit of $19.8 million, down 35% from $30.7 million in the same period last year, even as its … Read more

To watch: GDI Building Services, Wesdome and Laurentian Bank

Une succursale de la Banque Laurentienne

National Bank Financial’s Gabriel Dechaine lowered his recommendation on Laurentian Bank shares to “underperform.” (Photo: 123RF) What to do with GDI Building Services, Wesdome and Laurentian Bank securities? Here are some analyst recommendations that are likely to change prices soon. Note: the author may have a completely different opinion than the one expressed. GDI Building … Read more

GUEST RTL – Real estate loan: loan with zero rate extended and expanded, Bruno Le Maire announces

GUEST RTL - Real estate loan: loan with zero rate extended and expanded, Bruno Le Maire announces

Lightening up for buyers as mortgage rates rise? Economy Minister Bruno Le Maire announced this morning to RTL the extension of the so-called “PTZ” system, loans with zero interest. It allows an individual to get a portion of their loan without the slightest interest, subject to means testing. Originally, this state support was supposed to … Read more