CALGARY — Shares in Kinder Morgan Canada opened down 15 per cent Monday but trading in the oilsands companies it serves were mixed a day after it announced it was suspending all non-essential construction on the Trans Mountain pipeline expansion project. By 10 a.m. ET, Kinder Morgan Canada stock had recovered to $16.53, down $1.91 […]
The Investment Industry Regulatory Organization of Canada (IIROC) has proposed mandatory reporting of cybersecurity incidents. Comments are being requested on the regulator’s proposal until May 22. Life Insurance Blog
OTTAWA — Canada’s competition regulator has confirmed it is investigating allegations of anti-competitive conduct in the wild blueberry industry. Spokeswoman Veronique Aupry said the federal Competition Bureau is currently gathering evidence to determine the facts. She said there has been no conclusion of wrongdoing and no charges have been laid. The North Eastern N.B. Wild […]
Case dropped as insurer withdraws “all of the remedies” it had claimed Life Insurance Blog
‘The United States with one hand wields the threat of sanctions, and at the same time says they are willing to talk. I’m not sure who (they are) putting on this act for’
OTTAWA — A new Bank of Canada survey suggests companies remain upbeat about future sales activity, business investment and hiring — but some are predicting a moderation following last year’s red-hot pace. The central bank’s quarterly poll of about 100 firms found overall business sentiment remained positive and above historical averages, even though the indicator […]
NEW YORK — Newsmax has hired a former Fox News Channel executive to run its television operation, a sign that the media company is looking to become more competitive with the network that is the overwhelming favourite of conservative viewers. Michael Clemente, appointed CEO of NewsmaxTV on Monday, once ran Fox’s news operation before losing […]
TORONTO — Canadian Tire Corp. says it’s expanding its loyalty program to allow customers to collect and redeem Canadian Tire Money across its various retail brands. The company says starting later this spring, customers will be able to collect money at Sport Chek, Mark’s, Atmosphere and Gas+ locations in addition to Canadian Tire itself, as […]
Company says it won’t risk more shareholder dollars until Canada can provide more certainty that the pipeline will be built
NEW YORK — The Latest on Facebook’s privacy scandal (all times local): 10:15 a.m. Facebook CEO Mark Zuckerberg says the company is establishing an independent election research commission that will look into the effects of social media on elections and democracy. The move comes as the social media service grapples with a government report that […]