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Canadian Banks' Profit Forecast Lowered Due to Lack of DealsRBC analyst Darko Mihelic has reduced his profit forecast for five major Canadian lenders due to a decrease in mergers and acquisitions. The value of deals handled by the country's largest banks is expected to have dropped by 77% in the fiscal third quarter compared to last year. Overall earnings for the quarter may decline by 6%, with Bank of Nova Scotia and Canadian Imperial Bank of Commerce projected to have the largest declines. Mihelic does not provide estimates for his own bank. Toronto-Dominion may fare better than its peers due to the integration of Cowen Inc. However, its capital markets unit is still expected to see a 6.3% drop in revenue compared to last year.
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Too Good To Go App: Get Deals on Local Food and Minimize Food WasteDownload the Too Good To Go app to access a list of participating grocery stores, food sellers, and restaurants that offer good food at discounted prices. The app allows food producers to sell their unsold products, such as croissants, produce, and pressed juices, that are nearing their best-before date but are not expired. The app aims to save money for consumers while reducing food waste.
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Retired Air Force Sergeant Catches Great White Shark While KayakingRick Austin, a retired Royal Canadian Air Force sergeant, had an unexpected encounter with a great white shark while fishing from his kayak off the coast of Nova Scotia. After hours without a bite, Austin switched his bait and soon found himself reeling in a massive shark. He captured the thrilling moment on his GoPro camera and described it as an adrenaline rush.
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Premier’s Office Requests Ethics Review, OPP Greenbelt Investigation ContinuesThe Alberta Fire Chiefs Association (AFCA) expresses disappointment and concern over changes made to safety provisions in Bill 5. The association supports the AMA and requests the transportation minister to share the rationale behind the decision. The original version of Bill 5 aimed to improve road safety and protect first responders, but the modifications announced on Tuesday raise concerns about compromised safety measures.
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Increase in Washed Up Great White Sharks Found in CanadaFour great white sharks have been found washed up along beaches in Prince Edward Island, Nova Scotia, New Brunswick, and Quebec in the past year, indicating a higher number than previous years. The conservation efforts in Canada and the United States may be contributing to the population growth of great white sharks, as they have been protected since the late 2000s and mid-1990s, respectively. The University of Prince Edward Island's Atlantic Veterinary College reported the recent discovery of a fresh great white shark carcass on a beach, indicating good health and sufficient food intake.
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