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CMHC first-quarter earnings increase to $394 million despite dip in revenues

CMHC first-quarter earnings increase to $394 million despite dip in revenues; Caisse de depot fires four Otera subsidiary executives after investigation; Report says government policies weigh on declining B.C. housing market; Canadians opting for home renovations over moving; How to extend your (working) life.

 · The country’s largest mortgage insurer says it earned 4 million for the three months ending March 31, up from $293 million in the same period a year earlier and compared with $370 million in the first quarter of 2017.

For the first quarter of 2019, the Company reported a net (loss) of $(12.6) million, or $(0.60) per diluted common share, as compared to net earnings of $3.9 million. decline in origination volume.

Growing geopolitical tensions and ”Trumpflation” have spurred a dramatic increase in safe haven demand. which represented some 6 percent of its revenues in the first quarter of this year-and it’s.

Despite lower-than-projected resource revenue, The Finance Ministry says revenue from oil is down by $278 million and revenue from potash is down by $308 million compared to what was projected in February 2012.. CMHC first-quarter earnings increase to $394 million despite dip in revenues.

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OTTAWA – Canada Mortgage and Housing Corp. says its net income increased to a more normalized rate in the first quarter as the country’s economy continued to modestly improve.The country’s largest mortgage insurer says it earned $394 million for the three months ending March 31.

 · CMHC’s first-quarter earnings increase to $394-million despite dip in revenue: canada mortgage and Housing Corp. says its net income increased to a.

Has your bank passed the RBA interest rate cut on? The Reserve Bank of Australia (RBA) announced consecutive rate cuts in June 2019 and July 2019, bringing the cash rate down from 1.5% to 1%*. Prior to this, the cash rate had been held steady at 1.5% unchanged for more than 2½ years.

Insight Enterprises posted a small profit dip despite solid sales in a mostly flat fourth quarter. Per-share earnings were flat both quarters at 48 cents. Two analysts who follow the company were North American revenue rose 6 percent and foreign sales also were higher before factoring in the.

Pretium Resources Inc (NYSE: PVG) Q1 2019 Earnings. million in Q1 of 2018, an increase in revenues of 15%. Included in our revenues were TC/RCs related to our concentrate sales which impacted our.

 · CMHC’s first-quarter earnings increase to $394 million despite dip in revenues; CMHC head issues sharp defence of mortgage stress test as calls.

Geospace Technologies Corp (NASDAQ: GEOS) Q1 2019 Earnings. results for the first quarter of fiscal year 2019. For the three months ended December 31st, 2018 we were pleased to see revenue reach.

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