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Freshii shares gain on first day of trading on TSX following IPO + MORE Jan 31st
Shares of health food restaurant chain Freshii Inc. hit the market Tuesday, climbing higher in their first hours of trading..... More »
Caisse warns Montreal transit project to cost more + MORE Nov 25th
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
.... More »
School software hack hits school boards across six Canadian provinces - CTV News + MORE Jan 13th
School software hack hits school boards across six Canadian provinces CTV NewsCybersecurity breach of Nova Scotia school system could have financial impact Global News TorontoPowerSchool paid hackers a fee to delete stolen data: Manitoba school board memo CBC.caSask..... More »
EQ Bank aims to become a household name + MORE Feb 20th
Canada’s seventh-largest bank is a lender the vast majority of Canadians have never heard of. It has no branches, credit cards, or wealth management offerings.
That could all soon change, says Chadwick Westlake, who became chief executive of EQ Bank last August and already announced a transform.... More »
Financial market murder mystery: Why are so many so fearful? + MORE Feb 13th
It’s a strange time when we have to turn an ear to the world’s foremost connoisseur of financial disaster to hear an upbeat voice
.... More »
A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real estate). With a home sale contingency in place, the transaction is dependent (or contingent) upon the sale of the buyer’s home.
Nuclear deal between Iran and world powers puts rubber to the road for automakers after stall
– canadianbusiness.com
TEHRAN, Iran – The nuclear deal struck by Iran and six world powers will put more rubber on the road in the Islamic Republic.
The country’s major carmakers stand ready to start receiving parts again from French firms PSA Peugeot Citroen and Renault when the sanctions ease. That could see Iran’s stalled car production again take off, proving a boon to local automakers and potentially draw in more foreign investment from other manufacturers hoping to break into the market.
The nuclear deal struck in Geneva puts the brakes on the most sensitive parts of Iran’s uranium enrichment program in return for relief from economic sanctions. The sanctions expected to lift include those affecting Iran’s auto industry, its petrochemical exports, the sale of gold and other precious metals anad the supply of spare parts for Iranian airplanes.
Iran’s auto industry has been particularly hard hit by the sanctions. Car production in Iran this year fell by 72 per cent compared to 2011, when it produced some 1…
The country’s major carmakers stand ready to start receiving parts again from French firms PSA Peugeot Citroen and Renault when the sanctions ease. That could see Iran’s stalled car production again take off, proving a boon to local automakers and potentially draw in more foreign investment from other manufacturers hoping to break into the market.
The nuclear deal struck in Geneva puts the brakes on the most sensitive parts of Iran’s uranium enrichment program in return for relief from economic sanctions. The sanctions expected to lift include those affecting Iran’s auto industry, its petrochemical exports, the sale of gold and other precious metals anad the supply of spare parts for Iranian airplanes.
Iran’s auto industry has been particularly hard hit by the sanctions. Car production in Iran this year fell by 72 per cent compared to 2011, when it produced some 1…
Troubled Vatican bank names consultant for Promontory as top manager before evaluation
– canadianbusiness.com
VATICAN CITY – The troubled Vatican bank announced its new top manager Saturday, promoting an outside consultant who had stepped in when the bank’s top two managers resigned amid scandal last summer.
Rolando Marranci had worked for Promontory Financial Group advising the Institute for Religious Works on cleaning up its accounts when he was named acting deputy director July 1. The bank’s senior managers, Paolo Ciprianni and Massimo Tulli, had been forced out after a Vatican accountant with close ties to the bank was arrested for trying to bring 20 million euros ($26 million) into Italy from Switzerland without declaring it at customs.
At the time of the ouster, the bank’s president, Ernst Von Freyberg, was named acting director while he continued on as president and board member, a seeming conflict of interest that appears to be resolved now that Marranci has taken over day-to-day operations of the institute.
Von Freyberg remains on as president.
Marranci’s appointment was announced Saturday, days before the Vatican is due to be evaluated by the Council of Europe’s Moneyval committee on its progress complying with international norms to fight money laundering and terror financing…
Rolando Marranci had worked for Promontory Financial Group advising the Institute for Religious Works on cleaning up its accounts when he was named acting deputy director July 1. The bank’s senior managers, Paolo Ciprianni and Massimo Tulli, had been forced out after a Vatican accountant with close ties to the bank was arrested for trying to bring 20 million euros ($26 million) into Italy from Switzerland without declaring it at customs.
At the time of the ouster, the bank’s president, Ernst Von Freyberg, was named acting director while he continued on as president and board member, a seeming conflict of interest that appears to be resolved now that Marranci has taken over day-to-day operations of the institute.
Von Freyberg remains on as president.
Marranci’s appointment was announced Saturday, days before the Vatican is due to be evaluated by the Council of Europe’s Moneyval committee on its progress complying with international norms to fight money laundering and terror financing…
