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Couche-Tard walks away from 7-Eleven bid, citing lack of good faith Jul 17th
Canada’s convenience store giant backed away from a blockbuster bid set to dramatically expanded its convenience store empire, when it pulled its proposal to buy the parent company of rival 7-Eleven on Wednesday.
Alimentation Couche-Tard has spent nearly a year courting Seven & i Holdin.... More »
Bank of Montreal beats estimates with higher quarterly profit, boosts dividend - The Globe and Mail May 28th
Bank of Montreal beats estimates with higher quarterly profit, boosts dividend The Globe and MailView Full Coverage on Google News.... More »
Bill Cosby fires back at 7 women suing him for defamation - CTV News + MORE Dec 14th
CTV NewsBill Cosby fires back at 7 women suing him for defamationCTV NewsBOSTON -- Bill Cosby fired back Monday at seven women who are suing him for defamation, accusing them of making false accusations of sexual misconduct for financial gain. In a countersuit filed in federal court, Cosby alleges t.... More »
Selling a cottage to a family member: What that means for capital gains Jul 18th
AskMoneySense
I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied?
—Terry
What happens when you sell your cottage t.... More »
Brexit turmoil worrying British business leaders - The Globe and Mail Nov 15th
The Globe and MailBrexit turmoil worrying British business leadersThe Globe and MailBusiness leaders expressed alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in UK-EU trading relations threatened to unravel, sending stock prices and the pound plung.... More »
Spanish ‘ghost airport’ that cost millions attracts single meagre bid at bankruptcy auction
– canadianbusiness.com
MADRID – One of Spain’s “ghost airports” — expensive projects that were virtually unused — received just one bid in a bankruptcy auction after costing some 1.1 billion euros ($1.2 billion) to build. The buyer’s offer: 10,000 euros.
Ciudad Real’s Central airport, about 235 kilometres (150 miles) south of Madrid, became a symbol of the country’s wasteful spending during a construction boom that ended with the financial crisis of 2008, the year the airport opened.
The operator of the airport went bankrupt in 2012 after it failed to draw enough traffic.
Spanish news agency Europa Press said Chinese group Tzaneen International tabled the bid in Friday’s auction. The receiver had set a minimum price of 28 million euros. If no better bid is received by September, the sale will go through.
The post Spanish ‘ghost airport’ that cost millions attracts single meagre bid at bankruptcy auction appeared first on Canadian Business – Your Source For Business News.
Ciudad Real’s Central airport, about 235 kilometres (150 miles) south of Madrid, became a symbol of the country’s wasteful spending during a construction boom that ended with the financial crisis of 2008, the year the airport opened.
The operator of the airport went bankrupt in 2012 after it failed to draw enough traffic.
Spanish news agency Europa Press said Chinese group Tzaneen International tabled the bid in Friday’s auction. The receiver had set a minimum price of 28 million euros. If no better bid is received by September, the sale will go through.
The post Spanish ‘ghost airport’ that cost millions attracts single meagre bid at bankruptcy auction appeared first on Canadian Business – Your Source For Business News.
Canadian pleads guilty in massive U.S. penny stock fraud case
– theglobeandmail.com
Sandy Winick, 57, pleaded guilty to conspiring to commit wire fraud
Canadians may be welcoming the advent of cheaper borrowing, but the financial prospects for Greece are much bleaker this week as that country tries to get its bloated debt load under control. The CBC’s Jacqueline Hansen gets you caught up on the week that was in her weekly video recap.
Dundee Goodman dismisses head of retail adviser channel
– theglobeandmail.com
John Cucchiella, senior vice-president and head of retail for Dundee Goodman Private Wealth, was dismissed from the company early Wednesday, according to a source
ST. JOHN’S, N.L. – British Columbia’s premier waded into the national unity debate Friday, dismissing the chances of the Parti Quebecois reigniting separatist fervour in the province.
Speaking at meetings of Canada’s premiers in St. John’s, N.L., Christy Clark said the PQ had failed in past attempts to break up Canada and wouldn’t have any more success in the future.
She said that’s because Quebecers are no different from British Columbians.
“There is a generation of people who are forward looking global citizens who are interested in creating wealth, building their lives, being able to be a part of the world — not just a part of Quebec or a part of Canada,” said Clark.
Clark said she thinks issues of governance and the Constitution are less important to Canadians, who are interested in how the country participates globally.
Quebec is also a different place than it was 20 or 30 years ago, she added.
PQ Leader Pierre Karl Peladeau became leader of the party in May and immediately reiterated that he will settle for nothing less in the future than an independent Quebec…
Speaking at meetings of Canada’s premiers in St. John’s, N.L., Christy Clark said the PQ had failed in past attempts to break up Canada and wouldn’t have any more success in the future.
She said that’s because Quebecers are no different from British Columbians.
“There is a generation of people who are forward looking global citizens who are interested in creating wealth, building their lives, being able to be a part of the world — not just a part of Quebec or a part of Canada,” said Clark.
Clark said she thinks issues of governance and the Constitution are less important to Canadians, who are interested in how the country participates globally.
Quebec is also a different place than it was 20 or 30 years ago, she added.
PQ Leader Pierre Karl Peladeau became leader of the party in May and immediately reiterated that he will settle for nothing less in the future than an independent Quebec…
