Red Lobster sold to Golden Gate Capital for $2.1B + MORE May 16th

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New 'Netflix tax' for Manitobans coming as part of latest provincial budget  CBC.caManitoba 2021 budget includes rent, child-care freezes, rebate cheques while focusing on COVID-19  Global NewsManitoba budget promises 25% cut to education property tax, despite pandemic-induced de.... More »

The ‘hostile’ takeover offer for cannabis company Aphria is littered with red flags - MarketWatch Dec 31st

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IMF sees 2016 negative growth for Latin America, Caribbean + MORE Jan 23rd

WASHINGTON – The International Monetary Fund is forecasting that the economies of Latin America and the Caribbean will maintain this year the same overall 0.3 per cent negative growth seen in 2015. Alejandro Werner is the IMF’s chief economist for Latin America. He says it will be the fi.... More »

The best no-fee credit cards in Canada for 2024 + MORE Jul 17th

Spend The best no-fee credit cards in Canada for 2024 From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee cards. Compare now powered by.... More »

Most actively traded companies on the TSX + MORE Dec 15th

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (12,919.57, up 224.08 points): Encana Corp. (TSX:ECA). Oil and gas. Down six cents, or 0.79 per cent, to $7.57 on 8.3 million shares. First Quantum Minerals Ltd. (TSX:FM). Miner. Down 15 cents, or .... More »
Former Quebec premier Jean Charest says Canada is sending China the wrong signals by delaying the ratification of the foreign investment promotion and protection agreement announced two years ago.

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Six things to know about real estate depositsWhen you make an offer on a house you have to put down a deposit. Here are some things to keep in mind.

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90 days – 1.60%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

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Darden Restaurants says it will sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal.

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PORTLAND, Maine — The company purchasing the assets of a railroad responsible for a fiery oil train derailment that claimed 47 lives in Quebec plans to resume oil shipments after track safety improvements are made, the firm’s top executive said Friday.
John Giles, president and CEO of Central Maine and Quebec Railway, said he hopes to have an agreement with officials in Lac Megantic, Quebec, within 10 days that would allow the railroad to ship nonhazardous goods, restoring the vital link between the railroad’s operations to the east and west of the community.
The company plans to spend $10 million on rail improvements in Canada over the next two years with a goal of resuming oil shipments in 18 months, he said.
“In the interest of safety, and I think being sensitive toward a social contract with Lac Megantic, we have chosen not to handle crude oil and dangerous goods through the city until we’ve got the railroad infrastructure improved, and made more reliable,” he told The Associated Press…

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