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Genworth MI Canada Inc. Reports Fourth Quarter 2020 Results Including Net Operating Income of $124 Million

/CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today reported fourth quarter 2020 net income of $124 million, earnings per fully diluted common. ....

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Private-sector mortgage insurers say they're gaining market share in wake of CMHC tightening rules

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Another Canada Mortgage and Housing Corp. competitor in the loan-default insurance industry says it gained market share following changes the Crown agency made last summer, a trend the government-owned company has warned could weaken its ability to respond to a crisis.
Regulatory data for Canada Guaranty Mortgage Insurance Co., which is owned by Ontario Teachers’ Pension Plan and Canadian financier Stephen Smith, showed business was booming as of the end of the third quarter.
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Private-sector mortgage insurers say they re gaining market share in wake of CMHC tightening rules Back to video ....

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What does home mean to you?

What does home mean to you?
What does home mean to you?
TORONTO, Jan. 11, 2021 Over the past year our homes have transformed into offices, schools and, for the lucky few, places of refuge. This year more than ever, Habitat for Humanity Canada wants to know, what does home mean to you? The annual Meaning of Home writing contest that encourages students in grades 4, 5 and 6 to share what home means to them through a poem or short essay is back and open for submissions at
meaningofhome.ca. The contest runs from January 4 to February 19, 2021 and three grand prize winners, one from each grade, will receive a $30,000 grant to be directed to the local Habitat home build of their choice. ....

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TSX futures rise ahead of GDP data as oil, bullion gain

TSX rises 0.28% to 17,601.38
© Reuters/Chris Helgren
The facade of the original Toronto Stock Exchange building is seen in Toronto
The Toronto Stock Exchange s TSX rises 0.28 percent to 17,601.38 Leading the index were MEG Energy Corp , up 9.7%, Magna International Inc, up 8.7%, and Crescent Point Energy Corp, higher by 8.6%.
Lagging shares were Shopify Inc, down 5.8%, Enghouse Systems Ltd, down 4.5%, and Constellation Software Inc, lower by 4.4%.
On the TSX 150 issues rose and 66 fell as a 2.3-to-1 ratio favored advancers. There were 15 new highs and no new lows, with total volume of 128.4 million shares.
The most heavily traded shares by volume were Air Canada, Suncor Energy Inc and Cenovus Energy Inc. ....

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