Saudi Arabia has earned secondary emerging market status from FTSE Russell, a designation that will introduce more money to the country and help it move away from an oil-dependent economy. The country was previously “unclassified” by FTSE Russell, which compiles stock indexes, meaning that the country didn’t get the exposure to investors that comes with […]
VANCOUVER — A small Victoria, B.C.-based tech firm has found itself mired in a privacy scandal unfolding in Europe as it faces accusations that it played a role in influencing Britain’s vote to leave the European Union. AggregateIQ Data Services Ltd. is a digital advertising, web and software development company, according to its website. Whistleblowers […]
TORONTO — As it braces to fight for re-election this spring, Ontario’s Liberal government has rolled out a spending package that targets nearly every demographic while plunging the province back into deficit, with the books expected to stay in the red for six years. The 2018-2019 budget, tabled Wednesday by Finance Minister Charles Sousa, pumps […]
TORONTO — In the wake of Wednesday’s news that Canadian entrepreneur and philanthropist Peter Munk has died, politicians, business heavyweights and his former colleagues have been sharing their memories of the Barrick Gold founder, who donated nearly $300 million to causes and institutions across the country during his lifetime. Here are some of their stories […]
HALIFAX — A group of Maritime fisheries organizations says it is opposed to plans by a kraft pulp mill in Nova Scotia to pump treated waste into the Northumberland Strait, saying the effluent could harm marine life. The group, which includes the Pictou Landing First Nation in Nova Scotia, says the proposal from Northern Pulp […]
Ontarians without workplace health benefits will be able to recoup hundreds in drug and dental costs beginning in the summer of 2019 if the Ontario Liberals are reelected in June.
TORONTO — Ontario’s debt is ballooning as the Liberal government takes the province back into deficit in its final budget before a spring election. After bringing the books to balance last year for the first time in a decade, the province’s fiscal plan delivered Wednesday projects a deficit of $6.7 billion in 2018-2019, followed by […]
Munk was one of Canada’s most high-flying, international deal makers, as well as one its most generous benefactors
TORONTO — BlackBerry Ltd. CEO John Chen said Wednesday that he’s heard talk that mass market driverless vehicles may be ready for the road later than previous estimates but he doesn’t consider that a problem for his company’s plans. “An awful lot of things have to happen between now and then to make that happen […]
MONTREAL — The issue of workplace sexual harassment surfaced at a meeting of G7 ministers who gathered to discuss actions required to prepare workplaces for change, including from disruptions in technology. Innovation Minister Navdeep Bains and Labour Minister Patty Hajdu told reporters Wednesday that delegates from seven of the world’s leading industrialized countries and the […]