Businesses call to lower Confederation Bridge Toll
Businesses call to lower Confederation Bridge Toll
The Canadian Business Federation called for the reduction or removal of tolls on the Confederation Bridge.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
an hour ago
- CTV News
Vancouver Island woman to celebrate $1M lottery win with ‘biggest pizza' possible
Lottery winner Lee Ann Nahanee is seen in this image handed out by the BCLC. A new millionaire on Vancouver Island says her celebration plans after winning the lottery include cozying up on the couch with 'the biggest pizza' she can find. Parksville resident Lee Ann Nahanee won $1 million from the May 28 Lotto 6/49 draw, on a ticket bought at the Temple Food Store on Highway Island West. She found out while filling up at a gas station in Nanoose Bay. 'The retailer checked the ticket. She turned to me and said, 'you just won one million dollars!'' Nahanee told the B.C. Lottery Corporation. 'I don't even remember how I drove home; I was bawling. I kept saying 'just get home, just get home.'' She said she was most excited to share the news of her big win with her close friends she considers a 'second family,' and went out for breakfast with them to celebrate. 'They were so happy for me. They know how much this meant for me,' Nahanee is quoted as saying in a Thursday media release. She plans to use the windfall to retire comfortably and buy a new car. 'I feel fan-freaking-tastic,' she said of winning a cool $1 million. The BCLC says British Columbians have won more than $27 million from Lotto 6/49 in 2025. The odds of winning the guaranteed $1 million Lotto 6/49 prize depend on how many tickets were sold. The odds of winning the $5 million jackpot are roughly one in 14 million.
Globe and Mail
an hour ago
- Globe and Mail
BCE Inc: Analyst Update & Analysis
BCE Inc. (BCE:CA) (BCE) National Bank Financial has maintained its 'Outperform' rating for BCE Inc., adjusting its 12-month price target to CAD 35 from CAD 36. This revision reflects a cautious outlook amid ongoing challenges in the telecommunications sector. Analyst Adam Shine's updated forecast for BCE's FY2025 earnings per share is CAD 2.70, slightly down from the previous estimate of CAD 2.71. This adjustment aligns with broader concerns over the company's financial health, including high leverage and dividend sustainability. Despite these challenges, BCE continues to offer a substantial dividend yield, which remains a key attraction for income-focused. Stock Forecast & Analysis According to the stock forecast from 12 analysts, the average 12-month target price for BCE Inc. is CAD 34.94. This represents a potential upside of approximately 17% from its most recent closing price of CAD 29.87. However, the average analyst rating is a 'Hold,' indicating a neutral stance on the stock. Analysts see limited near-term catalysts for significant growth, suggesting that investors should not expect major upside in the short term. Stock Target Advisor's independent fundamental analysis paints a more negative picture, rating BCE Inc. as 'Bearish.' This rating is based on three positive signals and eleven negative signals. The bearish assessment reflects concerns about the company's financial fundamentals, which likely include high levels of debt, weak earnings growth, and pressure on revenue. There are also likely worries about BCE's ability to sustain its dividend amid high capital expenditure and broader challenges in the Canadian telecom sector. Despite some recent signs of stabilization, BCE's share performance over the past year has been notably weak. The stock has gained 0.54% over the past week and 1.12% over the past month, but these small increases follow a steep decline of 36.78% over the past year. This long-term drop has been driven by factors such as rising interest rates, which reduce the appeal of dividend-paying stocks, concerns about the sustainability of BCE's dividend, and regulatory and competitive pressures affecting the Canadian telecom industry. In summary, while BCE Inc. still offers an attractive dividend and maintains its role as a defensive telecom stock, analysts and technical models remain cautious. With a 'Hold' rating consensus and bearish sentiment from algorithmic analysis, the company may struggle to regain investor confidence until it demonstrates more stable earnings, improved growth prospects, or clarity around its long-term capital strategy.
CBC
an hour ago
- CBC
B.C. government is going to be ‘biggest barrier' to new pipeline, says former B.C. premier
The federal government introduced legislation on Friday that it says will eliminate federal barriers to internal trade and speed up major national projects. Former B.C. premier Christy Clark tells Power & Politics that the two big challenges to getting a new pipeline through B.C. will be seeking Indigenous consensus and getting the agreement of the provincial government.
