Infosys will double Canada headcount to 4,000 by 2023

The company will add 500 people in Calgary over the next three years and will hire tech talent from fourteen educational institutions, Infosys has said.Image: ReutersBengaluru-based IT major Infosys will double its employee count in Canada to 4,000 by 2023 and will take operations to Calgary in the western province of Alberta.The company will…

Billion-dollar cos: India ahead of Germany, France & Canada with 335

Indian companies into the billion-dollar market cap club. The number of domestic companies whose market value has exceeded a billion dollars has touched an all-time high of 335, exceeding that of countries like Germany, France, Canada or South Korea. Currently, India is ranked fifth and is inching towards the fourth position which is currently held…

Got $5,000? The 5 Best TSX Stocks to Buy Right Now for 2021

Top TSX stocks witnessed strong buying over the past several months, leading to a massive recovery rally from the lows of March 2020. Despite the significant growth in most Canadian stocks and stretched valuations, a few could continue to deliver strong returns in 2021 and over the next decade. I believe vaccine distribution, recovery…

Infosys Announces Canadian Expansion to Calgary, Doubling Canadian Workforce to 4,000 by 2023

Infosys commits to creating 500 jobs in Calgary in the next three years, as part of its continued expansion across CanadaCALGARY, AB, March 3, 2021 /PRNewswire/ — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it would be bringing 500 jobs to Calgary over the next three years, doubling…

More signals of a Roaring ’20s rebound for Canadian economy when pandemic ends

Gloomy headlines about the collapse of the Canadian economy, which faced its worst retreat since records began, may have obscured some startling new evidence for a strong rebound.As we reported on Tuesday, the impact of the COVID-19 pandemic put Canada’s economy into a tailspin, making 2020 the worst year on record, with gross domestic product declining by…

Opinion: On trans-Pacific trade Britain could be our new Asian ally

Breadcrumb Trail Links FP Comment Looking at the accession of the world’s sixth largest economy to the CPTPP through a political lens shows where Canada stands to get a real trade win in Asia Author of the article: Carlo Dade, Sharon Zhengyang Sun and Dan Ciuriak, Special to Financial Post man waves a British flag on Brexit day in London,…

TSX inches up at open on commodity boost, recovery optimism

Canada’s commodity-heavy main stock index edged up at open on Wednesday, tracking gains in oil prices, while optimism over an economic rebound from vaccination rollouts and a U.S. fiscal package also lifted sentiment.At 9:30 a.m. ET (14:30 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 5.87 points, or 0.03%, at 18,427.47….

U.S. Stimulus, World Cash Cushion, Toronto House Prices: Eco Day

President Joe Biden’s imperative of swiftly passing his $1.9 trillion pandemic-relief program faces one of its final hurdles: settling disputes among Senate Democrats over how to ensure aid gets to those who truly need itAt least one important slice of the package — the nearly $200 billion being earmarked to state governments — goes beyond a rescue…

Global Economic Recovery Is Gaining Some Momentum

(Bloomberg) — Economic activity picked up all in major economies in February, though in most cases it remained short of end-2020 levels, according to Bloomberg Economics gauges that integrate data such as mobility, energy consumption and public transport usage. Activity was particularly strong in the U.S. and Spain and also improved in the U.K. and…

Slow vaccine rollout in Canada expected to be a drag on economic recovery

Breadcrumb Trail Links News Economy ‘We will be looking at a greater number of business closures … the longer the vaccine rollout takes. That means fewer businesses to propel recovery’ Author of the article: Barbara Shecter Publishing date: Mar 03, 2021  •  19 minutes ago  •  4 minute read  •  Join…

Shopify (TSX:SHOP) Stock at $1,650: Should You Buy, Sell, or Hold?

Home » Investing » Shopify (TSX:SHOP) Stock at $1,650: Should You Buy, Sell, or Hold?Shopify (TSX:SHOP)(NYSE:SHOP) has been one of the most exciting growth stories in the last few years. The company went public back in May 2015 and has since returned over 4,600% in less than six years. So, an investment of $1,000 in Shopify stock shortly after its…

4 High-Growth Canadian Stocks to Buy Under $50

Growth stocks tend to outperform the broader equity markets during economic expansion. With the equity markets showing strong resilience amid expectations of recovery in demand and the new U.S. stimulus package, I believe these four high-growth Canadian stocks could deliver superior returns this year.FacedriveAfter delivering an impressive 606.5%…

Canada economic activity heats up, raises focus on BoC easing bond purchases

OTTAWA — Canada’s economic growth in the fourth quarter was stronger than expected and it likely rose again in January, boosting speculation that the Bank of Canada will reduce its bond purchases soon.The economy grew at an annualized rate of 9.6% in the fourth quarter, beating analyst expectations of 7.5%, data from Statistics Canada showed on…

Canadian dollar adds to Monday’s rally as economy grows

Business The Canadian dollar edged higher against its U.S. counterpart on Tuesday, adding to the previous day’s rally as oil prices rose and domestic data showed faster-than-expected economic growth. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015….

2020 was the worst year on record for Canada’s economy. It shrank by 5.4%

Canada’s economy shrank by 5.4 per cent last year, official data from Statistics Canada showed Monday, making 2020 the worst year for the country’s economic output since record keeping began.The data agency said Tuesday that Canada’s gross domestic product — the total value of all goods and services it produced — grew by 2.3 per cent…

Canadian economy posts worst showing on record in 2020

By Staff The Canadian Press Posted March 2, 2021 8:47 am     Updated March 2, 2021 9:04 am Smaller font Descrease article font size -A Larger font Increase article font size A+The Canadian economy posted its worst showing on record in 2020 as the COVID-19 pandemic swept across the country shutting down businesses and putting…

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