OTTAWA — Pressure is mounting on the federal government to use money or the Constitution to back up its claims that the Trans Mountain pipeline expansion project will be built, no matter what. Prime Minister Justin Trudeau’s cabinet is in Ottawa today for an emergency meeting following news that Kinder Morgan is suspending all non-essential […]
CHARLOTTE, N.C. — Monster Energy will remain the title sponsor of NASCAR’s top Cup Series through 2019 in an extension announced Tuesday. Monster is not expected to be back after next year as NASCAR will re-evaluate how it sells its sponsorship. The Monster contract with NASCAR is estimated to be worth $20 million annually. The […]
TORONTO — CIBC is looking to raise up to US$240 million in an initial public offering in the United States for its FirstCaribbean International Bank Ltd. subsidiary. The Canadian bank wants to sell 9.6 million shares in the bank at a price expected to be between of US$22 and US$25 per share, according to U.S. […]
Investors dazzled by AI-driven ETFs should ask themselves if the model meets their risk profile or investment style
A lengthy notification at the top of their newsfeed greeted 87 million people this week, 622,121 of them Canadian
The indictments were issued following an investigation by the Alabama Securities Commission and the Alabama Department of Insurance. Officials with the Alabama Securities Commission said according to the indictment, Powell participated in illegal securities transactions by selling promissory notes and misappropriating the investment funds…
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Bank of America tracks the downfalls of the other massive asset-price bubbles in history less than one year out from its record
MONTREAL — The head of Rio Tinto’s aluminum division says he expects “common sense” will prevail regarding Canada’s tariff exemption by the U.S. and a potential trade battle with China. Alf Barrios says he hopes the U.S. administration will not end the steel and aluminum tariff exemption for Canada that is set to expire April […]
Optimism about the Canadian economy has dropped significantly amid views that the country is becoming less competitive, according to a survey of business leaders released today by CPA Canada. Life Insurance Blog
The OSC announced that Mackenzie Financial Corporation has been ordered to pay a $900,000 administrative penalty plus investigation costs after it was found that the company regularly and repeatedly engaged in sales practices contrary...