posts
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178RBC cuts Canada growth forecast to 1.7%, warning oil will make this year worse than thought
TORONTO – Royal Bank says low oil prices can make 2016 tougher for Canada’s economy than previously thought. The bank has lowered...
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177Hudson’s Bay CEO plans to invest US$1.12B in its German chain Kaufhof-Handelsblatt
FRANKFURT — Canadian mall operator Hudson’s Bay Co plans to invest 1 billion euros (US$1.12 billion) in the German chain Kaufhof over...
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172Overhaul Canadian tax system but leave small businesses out of it: finance committee
Twitter Google+ Reddit Email Typo?More Comments LinkedIn TumblrPinterest DiggFarkItStumbleUpon OTTAWA – The Liberal-dominated House of Commons finance committee is recommending the us...
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176Director’s quick resignation after drug charge should help RBC dodge damage: experts
The sudden resignation of longtime Royal Bank of Canada director Joao Pedro Reinhard, who faces a drug-related charge, should mitigate “reputational contagion”...
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168Preferred shareholders feeling not-so-preferred after all
It wasn’t easy but two bad situations happen to be created from one. That’s the state of affairs at Bermuda-based Brookfield Renewable...
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165Alberta-based fund manager AIMCo to get piece of US$219-million legal settlement from Genworth Financial
EDMONTON – A U.S. insurance company has agreed to pay US$219 million to finish a category action lawsuit for allegedly making false...
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173Niko Resources Ltd restructures its debts, sending its shares on a rare rally
CALGARY C After a search for buyers didn’t show up any meaningful offers, Niko Resources Ltd. has restructured its debts in a...
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172Take profits in gold equities, but be ready to buy more: BMO
Gold equities have been on an incredible run to date in 2016 amid the rally in prices. Analysts at BMO Capital Markets...
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178U.S. wage strength backs two 2016 Fed hikes, while Canada unlikely to raise rates until 2018, TD economist says
Hidden employment market strength justifies the U.S. Fed raising interest rates twice this season to curb inflation pressures, based on Beata Caranci,...
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183Prevailing market conditions doom Madalena Energy’s financing and acquisition
It’s not the norm but it is generally the norm when an acquisition doesn’t close. We are talking about events at Madalena...
