Monthly Archive: May 2018

Charles Lammam and Hugh MacIntyre: A basic income would weaken the incentives to work for lower-income Canadians and those not strongly tied to the labour force

Just 750 miles from the oilsands, Vancouverites pay more than drivers in any other major oil-producing nation except Norway

Lawrence Herman: It would have been highly instructive for the court to have considered the array of decisions of the World Trade Organization

The biggest new offshore turbines make nearly 20 times as much power as ones developed 30 years ago, when farmers just wanted to irrigate fields

MetLife, a provider of insurance, annuities and employee benefit programs, issued the following news release:. MetLife, Inc. today announced that it has completed the merger of its subsidiary, General American Life Insurance Company, with and into another subsidiary, Metropolitan Tower Life Insurance Company. The decision resulted from a review of the…

The post MetLife Completes Merger Of Two Subsidiaries appeared first on InsuranceNewsNet.

TORONTO — Retailer Roots Corp. plans to open two new stores in the Washington, D.C., area in August. The company says the new shops are part of its target to have 10 to 14 new U.S. locations by the end of next year. One store will be in Washington’s Georgetown neighbourhood, while the other location […]

MONTREAL — TVA Group Inc. says it has signed a deal to acquire Serdy Media Inc. and the Serdy Video Inc. group of companies for $24 million. The deal gives TVA the Evasion and Zeste specialty channels. Evasion’s programming is focused on travel, tourism, adventure and food. Zeste is a cooking and lifestyle network. TVA […]

Merck reported a 6 per cent revenue jump in the first quarter, but profits plunged by more than half due to sharply higher research and development costs. Much of that increase was due to a $1.4 billion charge for starting a research partnership with Japanese drugmaker Eisai. The maker of diabetes drug Januvia and cancer […]

Pfizer posted slightly higher sales and a 14 per cent jump in profit in the first quarter, thanks to lower restructuring costs and a much-lower tax rate, but its revenue still missed Wall Street expectations. The maker of pain medicine Lyrica and the blockbuster Prevnar 13 vaccine against pneumococcal infections said Tuesday that net income […]

CALGARY — Encana Corp. earned US$151 million in its latest quarter as it worked to increase production. The natural gas company, which keeps its books in U.S. dollars, says the profit amounted to 16 cents per diluted share for the three months ended March 31. That compared with a profit of $431 million or 44 […]