The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the quarter. A preliminary estimate suggests the economy grew…
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BoC has new deputy gov. The Canadian Press – May 12, 2023 / 12:15 pm | Stories: 426434 Photo: The Canadian Press The Bank of Canada has appointed Rhys Mendes as a deputy governor, effective July 17. Mendes listens to counsel speak during the Public Order Emergency Commission,…
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Photo: Teck Resources. Back to the drawing board on the separation plan, Teck CEO Jonathan Price. Teck Resources (TSX,NYSE:TECK.B) will proceed with a vote on phasing out its dual class structure, but canceled today’s planned vote on a plan to separate into two companies. In a first quarter…
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Photo: Nelson Bennett Conservative Party Leader Pierre Poilievre said ‘actions like Glencore’s are unacceptable.’ Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to…
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Arijeta Lajka And Philip Marcelo, The Associated Press – March 23, 2023 / 11:52 am | Stories: 417588 Photo: The Canadian Press Images created by Eliot Higgins with the use of artificial intelligence show a fictitious skirmish with Donald Trump and New York City police officers posted on…
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The liquidation sales at Nordstrom stores across Canada will begin Tuesday, a spokesperson for the department store chain confirmed in an email to CBC News. At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the US retailer’s Canadian branch permission…
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Lenders urged to be ‘fair’ The Canadian Press – Jul 5, 2023 / 9:19 am | Stories: 435360 Photo: The Canadian Press Canada’s financial consumer watchdog is warning lenders not to take advantage of Canadian mortgage holders who are facing severe financial stress as interest rates and the…
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Photo: The Canadian Press A Petro-Canada gas station is seen in Ottawa on Tuesday March 30, 2021. Canada’s top technical authority on cybersecurity says it is working closely with Suncor Energy Inc. in the aftermath of a high-profile system breach at the energy giant. THE CANADIAN PRESS/Adrian Wyld…
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