Canada's 2012 Economic Outlook: Positive and Negative
Predictions of Canada's economy in the upcoming year are optimistic as well as pessimistic. Which side are you on?
Sectors - Stock Market
Sun Life Reveals Plans to Discontinue Two US Products
Part of its company-wide growth strategy, Sun Life plans to focus on group insurance and voluntary benefits for future endeavours in the US
Bank of Canada Begins Plastic $100 Note Circulation
Starting today, Canada's currency becomes more plastic with the use of the new polymer bank notes
The TMX's Eventful 2011
Trying to merge with LSE and launching its new service TMX Select, the TMX has, so far, had a busy year
Canadian Dollar Hits $1.06 USD
Reaching its highest since November 2007, the loonie has soared based on US debt concerns
Dollarama Top Shareholder Sells Shares
Bain Capital Sells Stake for Approximately $297 million
Canadians Pay More on Taxes than Food, Clothing and Shelter Combined
Fraser Institute reports Canadians pay 41 per cent of annual income on taxes
Bill Gates Main Shareholder for CN Railway
Owning $3.2 Billion, Bill Gates has been buying CN stock since 2006.
Loonie Continues to Rise as US Dollar Falls
Due to signs of global economic recovery and high oil prices, the Canadian dollar rose to new heights
The CFOs of Canada's Big Five
The CFOs of the Canadian banking industry--the experience and qualifications that led to their position
RBC Interested in Selling US Banks
RBC US banks rumoured to be up for sale after a decade of ownership
Canadian Dollar Reaches $1.04 USD
The strength of the Canadian dollar hits a 3.5 year high
Canada's Economy Shows Early Strength
Survey of local businesses shows reduced confidence in construction industry in Australia
BMO Expansion Plan to Include the United States
With a total $2.8 billion net income in 2010, the highest in the history of the bank, BMO announced its plans Tuesday to expand into every region of Canada as well as the Central U.S.
Bank of Canada to Debut Plastic Money
Canadian money will start to feel more plastic-like later this year. Starting with $100 bills, the Bank of Canada—the country’s sole bank note issuing authority, will incorporate plastic into all of Canada’s currency by 2013.
TMX Group-London Stock Exchange Merger on Ottawa's Radar
TMX Group and the London Stock Exchange Group announced plans for a massive merger, and within hours, speculation that another high profile financial transaction may be subject to Ottawa’s discretion has thrust Industry Minister Tony Cleme
CEO of ING Direct Peter Aceto Named Communicator of the Year
Peter Aceto, President and Chief Executive Officer of ING Direct, has been recognized as the 2010 Communicator of the Year (COTY) by the Toronto Chapter of the International Association of Business Communicators (IABC).
Red Tape Commission: An Oxymoron of Bureaucratic Proportions?
Small and medium-size enterprise Executives have long complained about the excessive bureaucratic hurdles and suffocating taxes in doing business.
Now, they may finally see some relief. Or, they may see more red tape.
TD Bank CEO Ed Clark Joins List of Canada's Most Successful Executives
Executives mark your calendars.
Ed Clark, Group President and Chief Executive Officer, TD Bank Group, will receive the 2011 Ivey Business Leader Award at a gala dinner on October 19, 2011.
2010 Canadian IPOs Create over $5 Billion in Stock Value
The Canadian market for IPOs topped $5 billion in 2010, a significant increase from the less than $2 billion in 2009, according to the annual PwC survey of IPO activity on Canadian exchanges.
Canada's Top 100 Best Paid CEOs are Great Recession Proof
Here’s another reason to be the boss; you’re likely to earn 155 times more than the average Canadian income earner or roughly $6.6 million, annually, according to the study Recession-Proof by the
2011 Hot Stocks: Thai Energy Company Makes $2 Billion Oil Sands Splash
The dawning of a new year is the perfect time to assess the investment portfolio and identify attractive stocks. At Business Review Canada, we can’t fix your portfolio, but we have taken the time to identify stocks that deserve your attention.
Canada's Economic Hotspots: Who's Up and Who's Down
What Canadian provinces are looking forward to a positive 2011? Where are business owners the most confident and where are they not?
TD Bank Drives Off with Chrysler Financial for $6 Billion
TD Bank Group drove off with Chrysler Financial, purchasing the automotive financial services company for $6.3 billion, today. The deal elevates Chrysler Financial as a top 5 bank-owned auto lender in North America.
George Weston Limited to Inject $1 Billion into Economy
Apparently, George Weston Limited has taken it upon itself to spark economic activity as the Company has announced that it will pay a special one-time common share dividend of $1 billion, representing $7.75 per common share, on January 25, 2011 to all common shareholders.
Senate Finance Committee Declares Penny Worthless
Say goodbye to the penny, Canadians. That’s right; the Standing Senate Committee on National Finance recommended the removal of the one-cent coin as a net benefit to Canadian taxpayers and the overall Canadian economy.
CGA Alberta's 7 Tips to Avoid Holiday Financial Stress
The Certified General Accountants of Alberta offered up seven tips to avoid financial stress, most likely aimed at individuals and consumers.
AGF Management Adds Acuity Investment to $51 Billion Portfolio
AGF Management Limited will purchase Acuity Funds Ltd.
Scotiabank to be Fifth Largest Mutual Fund Provider
Scotiabank will buy out all of the remaining common shares of
Jim Flaherty Signs Deals with China Insurance Regulatory Commission
The Honourable Jim Flaherty, Minister of Finance, today welcomed an agreement with the
Air Canada Price Fixing Tops List of 2010 Schemes
Air Canada joins Solvay Chemicals as Canadian companies guilty of price fixing schemes in 2010.
Bank of Canada's Mark Carney Flexes Canadian Financial System Muscles
Bank of Canada Governor Mark Carney said today in a speech to the International Center for Monetary and Banking Studies in Geneva, Switzerland that Canada fared relatively well during the global crisis, as a result of good policy and, in retrospect,
Teacher's Pension Plan and Borealis Buy Britain's Only High-Speed Rail
The Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada, and Borealis Infrastructure, the
Jim Prentice Takes Job with CIBC, Raises Ethics Questions
Jim Prentice has cashed in his Minister of Environme
Gordon Campbell Forced Out of Office by HST Opposition
Everyone in Canada knows the news by now. Embattled Premier Gordon Campbell has resigned as British Columbia’s leader.
Royal Bank of Canada Free from Liberty Life Insurance
Royal Bank of Canada cuts its losses. Entering the U.S. insurance business in 2000 with the $650 million takeover of Liberty Life and related units from Liberty Corp., RBC felt it was time to divest.
Jim Shaw Steps Aside as Canwest Deal Becomes Official
Jim Shaw is handing over the controls of Shaw Communications to his younger brother Bradley. Much like his father J.R. did some 12 years ago, Jim Shaw will remain with the company in an advisory role.
Bank of Canada Holds Overnight Rate as Recovery Slows
The Bank of Canada adjusted its economic outlook and will maintaining its target for the overnight rate at 1 per cent.
The Bank expects the economic recovery to be more gradual than it had projected in its July Monetary Policy Report, with growth of 3.0 per cent in 2010, 2.3 per cent in 2011, and 2.6 per cent in 2012.
Canadian Dollar Sees International Return to Strength
The Canadian dollar is the strongest it’s been since April and exceeded parity with the US dollar in morning European trading. The Canadian dollar touched a high of C$0.9980 against the U.S. dollar, or $1.002.
Unemployment Drops to 8.0 per cent, Growth Slows
Unemployment dropped a mere 0.1 in September, according to the latest Labour Force Survey released Friday by Statistics Canada. The slim drop was attributed to fewer people, particularly youth, participating in the labour market.
Canadian CEOs Ignorant of International Business?
Don't become the statistic. Check out this article on global networks.
New Recession-Proof Investment Option a BMO G-I-F-T
The new Bank of Montreal high-rate Guaranteed Investment Certificate (GIC) offers the best rate among Canada's major financial institutions at 2.3 per cent and is designed to provide a safe and secure approach to investing with a guara
Brookfield Asset Management Builds Infrastructure Fund
Brookfield Asset Management announced the closing of its US$2.7 billion Brookfield Americas Infrastructure Fund, L.P., which is focused on investing in high quality infrastructure assets primarily in North and South America.
Honourable Tony Clement Tours China, Attends World Expo
The Honourable Tony Clement, Minister of Industry, arrived in Hong Kong for a five-day tour of China. During this tour, the Minister will meet with local business leaders in both Hong Kong and Shanghai and attend the World Expo.
Quest Capital Corp Rebranded, Revises Lending Strategy
Sprott Resource Lending Corp., formerly Quest Capital Corporation successfully completed all steps necessary to rebrand as Sprott Resource Lending Corp.
Canadian Bankers Association Seeks Next President
Nancy Hughes Anthony, President and CEO of the Canadian Bankers Association (CBA), announced her decision to retire in the spring of 2011, once a successor is in place.
CIBC Now Largest Dual Issuer of Visa and MasterCard
CIBC has completed its acquisition of an approximately $2-billion credit card portfolio from Citigroup's Canadian MasterCard business, making CIBC the largest dual issuer of Visa and MasterCard credit cards in Canada.
