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Although most stock markets were closed for Easter, Friday has been a very important day for investors worldwide.
The Canada Mortgage and Housing Corporation will increase its mortgage insurance premiums for loans above 90 per cent of a home’s value.
A plan by Connacher Oil to restructure out of court has been rejected.
TransCanada’s decided not to build an oil export terminal near a beluga whale habitat on the St Lawrence River will lead to a 2 year delay in its Energy East pipeline project.
Thursday was the last day of trading before the extended Easter weekend and the Toronto Stock Exchange has ended the session on a high.
The federal budget will be announced on April 21.
The Commissioner for Complaints for Telecommunications Services received fewer complaints about telecom companies in the six months to the end of January; down 8.5 per cent to 5,468.
With the chance of a deal with Iran over its nuclear ambitions still hoped to end with agreement; which would mean the end to Tehran wanting nuclear weapons in return for an end to its oil export sanctions; there is expectation of far lower oil prices.
The markets and business community was shocked to learn of the death of Paul Reynolds, president and chief executive of Canaccord Genuity Group.