New records set for assets under management and net inflows
Investors are increasingly cautious of Canada’s big banks with financial stocks suffering as a result.
President Obama will carry through his threat to veto the construction of TransCanada’s Keystone XL Pipeline.
The Scotiabank commodity index has plummeted to levels not seen since 2007.
Royal Dutch Shell has scrapped its plan for its Pierre River mine north of Fort McMurray due to the weak oil prices.
Toronto’s streetcars that are being built by Bombardier will be delivered faster than the current schedule has done.
Positive start to the week’s trading... Markets anticipate Yellen’s testimony... More oil workers join strike... Apple to make largest European investment... West Coast ports get back to business after labor deal... Merrill Lynch takes steps to stop brokers taking clients... Canada’s Valeant to buy Salix Pharmaceuticals...
Weak data on retail sales and an increased likelihood of a further cut in interest rates led to a pessimistic day at the Toronto Stock Exchange.
Retail sales fell in December by their largest margin since 2010.
A new law will require firms that transport oil by rail to pay into a compensation fund the federal government announced today.
Bombardier is selling $750 million of its stock at a 10 per cent discount in a bid to strengthen its balance sheet.