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House Speaker denies Poilievre’s request for emergency debate on Canada’s economy - CTV News + MORE Jun 2nd
House Speaker denies Poilievre’s request for emergency debate on Canada’s economy CTV NewsCanada Dips Into Technical Recession for First Time Since 2020 Bloomberg.comAre we in a recession? ‘Be careful’ with indicators, says Bank of Canada Global NewsPoilievre.... More »
As US housing recovers, low incomes keep Detroit far behind Aug 7th
DETROIT – Ann and Oscar Mack had fallen behind on property taxes and knew they faced foreclosure on their home of 20 years. But they didn’t know their house on Maiden Street, in a blighted east side Detroit neighbourhood, was already listed for auction.
No one “let us know we were .... More »
OAS payment dates in 2025, and more to know about Old Age Security + MORE Jul 28th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Should you join your money with your honey? Jun 3rd
Joint accounts can help you plan your financial future..... More »
120 days - 1.75% + MORE Sep 12th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
First Nations divided on new Financial Transparency Act – CBC.ca
– news.google.ca
Sun News NetworkFirst Nations divided on new Financial Transparency ActCBC.caFirst Nations across Canada are reacting to the Financial Transparency Act, which requires bands to post financial information, including salaries, online. Some First Nation chiefs say it shouldn't be the role of the federal government or the public to oversee …Salaries of First Nation chiefs, councillors to be posted on internetWesterly NewsControversial First Nation chief's salary raises concernThe Globe and MailManitoba First Nations' financial details posted onlineGlobalnews.caHuffington Post Canadaall 18 news articles »
HudBay closes offer for Augusta with 96 per cent of shares tendered
– canadianbusiness.com
TORONTO – HudBay Minerals Inc. (TSX:HBM) said late Tuesday that it has now received about 96 per cent of the shares of Augusta Resource Corp., and it will now buy up the rest at the offer price, closing out a hard-fought takeover battle.
The two companies reached a friendly agreement last month after Toronto-based HudBay improved its all-equity bid — worth about $555 million at the time.
Since then, HudBay shares have since risen in value to $11.45 at the close on Tuesday from $10.29 at the end of trading on June 20.
HudBay’s final offer was 0.315 of a common share, worth about $3.61 at the close on July 28, plus 0.17 of a warrant to buy a HudBay common share. The warrants become valuable if HudBay’s stock rises above $15 within four years.
The post HudBay closes offer for Augusta with 96 per cent of shares tendered appeared first on Canadian Business.
The two companies reached a friendly agreement last month after Toronto-based HudBay improved its all-equity bid — worth about $555 million at the time.
Since then, HudBay shares have since risen in value to $11.45 at the close on Tuesday from $10.29 at the end of trading on June 20.
HudBay’s final offer was 0.315 of a common share, worth about $3.61 at the close on July 28, plus 0.17 of a warrant to buy a HudBay common share. The warrants become valuable if HudBay’s stock rises above $15 within four years.
The post HudBay closes offer for Augusta with 96 per cent of shares tendered appeared first on Canadian Business.
OTTAWA — The federal government says it will impose new sanctions against Russia in coming days over Moscow’s support of rebel groups in Ukraine.
In a statement, Prime Minister Stephen Harper says Russian President Vladimir Putin’s failure to cease backing armed rebels in eastern Ukraine constitutes a genuine threat to international peace and security.
Last week, Canada announced strengthened sanctions on arms manufacturers and energy and financial entities with significant links to the Russian government.
The statement says the new sanctions would be applied against the Russian government and those closest to it.
The bid to step up political pressure on Moscow will be co-ordinated with partners in the United States and Europe.
Harper says Canada is ready to impose further sanctions if the Putin administration’s military aggression continues.
The post Canada plans new sanctions against Russia over aggression in Ukraine appeared first on Macleans.ca.
In a statement, Prime Minister Stephen Harper says Russian President Vladimir Putin’s failure to cease backing armed rebels in eastern Ukraine constitutes a genuine threat to international peace and security.
Last week, Canada announced strengthened sanctions on arms manufacturers and energy and financial entities with significant links to the Russian government.
The statement says the new sanctions would be applied against the Russian government and those closest to it.
The bid to step up political pressure on Moscow will be co-ordinated with partners in the United States and Europe.
Harper says Canada is ready to impose further sanctions if the Putin administration’s military aggression continues.
The post Canada plans new sanctions against Russia over aggression in Ukraine appeared first on Macleans.ca.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,446.55, up 1.33 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 46 cents, or 7.18 per cent, to $5.95 on 7.6 million shares
Amaya Gaming Group Inc. (TSX:AYA). Travel and leisure. Up $3.72, or 14.37 per cent, to $29.61 on 3.8 million shares.
Sierra Metals Inc. (TSX:SMT). Miner. Unchanged at $1.67 on 3.7 million shares.
Sunshine Oilsands Ltd. (TSX:SUO). Oil and gas. Up 3.5 cents, or 28 per cent, to 16 cents on 3.6 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Down one cent, or 0.28 per cent, to $3.60 on 3.6 million shares
Air Canada (TSX:AC.B). Airline. Up 21 cents, or 2.19 per cent, to $9.79 on 3.2 million shares.
Companies reporting major news:
Blackberry (TSX:BB). Communication equipment. Down 43 cents, or four per cent, to $10.32 on 6.1 million shares. The Waterloo, Ont.-based company is bulking up its security assets with the acquisition of anti-eavesdropping firm Secusmart, which developed technology to protect the smartphones of German government officials, including Chancellor Angela Merkel…
Toronto Stock Exchange (15,446.55, up 1.33 points):
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 46 cents, or 7.18 per cent, to $5.95 on 7.6 million shares
Amaya Gaming Group Inc. (TSX:AYA). Travel and leisure. Up $3.72, or 14.37 per cent, to $29.61 on 3.8 million shares.
Sierra Metals Inc. (TSX:SMT). Miner. Unchanged at $1.67 on 3.7 million shares.
Sunshine Oilsands Ltd. (TSX:SUO). Oil and gas. Up 3.5 cents, or 28 per cent, to 16 cents on 3.6 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Down one cent, or 0.28 per cent, to $3.60 on 3.6 million shares
Air Canada (TSX:AC.B). Airline. Up 21 cents, or 2.19 per cent, to $9.79 on 3.2 million shares.
Companies reporting major news:
Blackberry (TSX:BB). Communication equipment. Down 43 cents, or four per cent, to $10.32 on 6.1 million shares. The Waterloo, Ont.-based company is bulking up its security assets with the acquisition of anti-eavesdropping firm Secusmart, which developed technology to protect the smartphones of German government officials, including Chancellor Angela Merkel…
Cardinal Energy snaps up oil assets, issues stock
– theglobeandmail.com
Calgary-based junior producer also raises dividend
