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WestJet, Delta sign preliminary deal to deepen cross border partnership + MORE Dec 6th
WestJet and Delta Air Lines plan to form a joint venture that will enhance transborder service and deepen the relationship between the two companies.
They said in a statement early Wednesday that the joint venture, which has yet to be approved, would increase travel choices between Canada and the Un.... More »
B.C. announces 3-day cooling period for home sales to reduce risk for buyers - CBC.ca Jul 21st
B.C. announces 3-day cooling period for home sales to reduce risk for buyers CBC.caB.C. homebuyer protection period announced amid real estate crunch CityNewsB.C. announces consumer protection policy for homebuyers in competitive market - BC News Castanet.netB.C. sla.... More »
Pembina to acquire Kinder Morgan Canada and other assets in $4.35-billion deal - The Globe and Mail Aug 21st
Pembina to acquire Kinder Morgan Canada and other assets in $4.35-billion deal The Globe and MailPembina Pipeline Corp. is buying Kinder Morgan Canada Ltd. and the U.S. portion of a key condensate pipeline for $4.35-billion, a deal that will bolster its ...View full coverage on Google New.... More »
Stock news for investors: Quarterly profits up at Shopify, Brookfield; down at Suncor, Reuters + MORE Aug 8th
Here’s a round-up of news for Canadian investors this week.
Shopify
Suncor Energy Inc.
Brookfield Asset Management
Parkland Corp.
Thomson Reuters
Featured RRSP Accounts
featured
EQ Bank
.... More »
Bull market to run at least three more years, Goldman Sachs says + MORE Jan 16th
For S&P 500 and TSX, it ain't over till it's over, stock analysts say
.... More »
How Liberals can add ‘fairness’ to proposed tax changes
– theglobeandmail.com
If the federal government is truly seeking to be fair, it should acknowledge the need for business owners to plan for their retirement and the legitimate benefits of dividend sharing
Home Capital exec to exit newly created position months after assuming role
– canadianbusiness.com
TORONTO _ A Home Capital Group Inc. (TSX: HCG) executive is leaving the company mere months after he assumed a newly created position.
In July, Greg Parker helmed the newly established position of executive vice-president of strategy at the Toronto-based alternative lender.
Home Capital says Brad Kotush, executive vice-president and chief financial officer, will assume Parker’s overall responsibilities.
Parker had previously held the positions of executive vice-president of enterprise risk management and chief risk office prior to his new role at Home Capital.
His move was part of the company’s efforts to strengthen prospects for long-term growth following allegations from the Ontario Securities Commission that it misled investors.
The company has since settled the OSC case.
The post Home Capital exec to exit newly created position months after assuming role appeared first on Canadian Business – Your Source For Business News.
In July, Greg Parker helmed the newly established position of executive vice-president of strategy at the Toronto-based alternative lender.
Home Capital says Brad Kotush, executive vice-president and chief financial officer, will assume Parker’s overall responsibilities.
Parker had previously held the positions of executive vice-president of enterprise risk management and chief risk office prior to his new role at Home Capital.
His move was part of the company’s efforts to strengthen prospects for long-term growth following allegations from the Ontario Securities Commission that it misled investors.
The company has since settled the OSC case.
The post Home Capital exec to exit newly created position months after assuming role appeared first on Canadian Business – Your Source For Business News.
Morneau to testify at committee about Liberals’ controversial tax proposals
– canadianbusiness.com
OTTAWA _ A parliamentary committee exploring the federal government’s controversial tax proposals will hear today from Finance Minister Bill Morneau.
The House of Commons finance committee is hearing from witnesses as it studies a package of proposed tax changes to private corporations that have attracted waves of criticism directed at the Trudeau government.
Opponents of the reforms insist the changes would hurt Canadians at different income levels and from many different sectors _ from small business owners, to farmers, to doctors.
The Liberal government has been engaged in a communications war over its plan, which it insists would end tax advantages unfairly exploited by some wealthy business owners.
Morneau argues the proposals are designed to create a fairer tax system, particularly for those in the so-called middle class _ but he says he’s open to adjusting it after a consultation period ends next week.
Critics of the plan say it would hurt entrepreneurs who take personal financial risks when they decide to open a business and hire staff…
The House of Commons finance committee is hearing from witnesses as it studies a package of proposed tax changes to private corporations that have attracted waves of criticism directed at the Trudeau government.
Opponents of the reforms insist the changes would hurt Canadians at different income levels and from many different sectors _ from small business owners, to farmers, to doctors.
The Liberal government has been engaged in a communications war over its plan, which it insists would end tax advantages unfairly exploited by some wealthy business owners.
Morneau argues the proposals are designed to create a fairer tax system, particularly for those in the so-called middle class _ but he says he’s open to adjusting it after a consultation period ends next week.
Critics of the plan say it would hurt entrepreneurs who take personal financial risks when they decide to open a business and hire staff…
Toronto stock index racks up minor gain, as loonie and the price of oil falls
– canadianbusiness.com
TORONTO _ Falling energy shares weren’t enough to drag Canada’s main stock market into the red, as BlackBerry’s latest financial report provided some of the lift.
The Toronto Stock Exchange’s S&P/TSX composite index was up 8.59 points to 15,618.25.
The information technology subsector was a top performer, anchored by a nearly 13 per cent increase for BlackBerry stock (TSX:BB).
In New York, the Dow Jones industrial average climbed 40.49 points to 22,381.20. The S&P 500 index edged up 3.02 points to 2,510.06 and the Nasdaq composite index added 0.19 of a point to 6,453.45.
The Canadian dollar was trading at an average price of 80.32 cents US, down 0.25 of a cent.
In commodities, the November crude contract fell 58 cents to US$51.56 per barrel and the November natural gas contract gave back four cents at US$3.02 per mmBTU.
The December gold contract was up 90 cents to US$1,288.70 an ounce and the December copper contract added five cents to US$2.98 a pound.
The post Toronto stock index racks up minor gain, as loonie and the price of oil falls appeared first on Canadian Business – Your Source For Business News.
The Toronto Stock Exchange’s S&P/TSX composite index was up 8.59 points to 15,618.25.
The information technology subsector was a top performer, anchored by a nearly 13 per cent increase for BlackBerry stock (TSX:BB).
In New York, the Dow Jones industrial average climbed 40.49 points to 22,381.20. The S&P 500 index edged up 3.02 points to 2,510.06 and the Nasdaq composite index added 0.19 of a point to 6,453.45.
The Canadian dollar was trading at an average price of 80.32 cents US, down 0.25 of a cent.
In commodities, the November crude contract fell 58 cents to US$51.56 per barrel and the November natural gas contract gave back four cents at US$3.02 per mmBTU.
The December gold contract was up 90 cents to US$1,288.70 an ounce and the December copper contract added five cents to US$2.98 a pound.
The post Toronto stock index racks up minor gain, as loonie and the price of oil falls appeared first on Canadian Business – Your Source For Business News.
