WASHINGTON - A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency rise in ...
TORONTO - The mining company involved in an eight-month-long strike in Sudbury, Ont., and other parts of Canada says it has "no interest" in ...
OTTAWA - Ottawa is launching an investigating into Toyota Canada's handling of consumer concerns about the safety of its vehicles, Transport Minister John Baird ...
TORONTO - Finance Minister Dwight Duncan will include a timetable to completely eliminate Ontario's record $24.7-billion deficit in the March 25 provincial budget.
Unlike the ...
As television and film studios line up for a 20-per cent boost in their tax credit - one of the few windfalls proposed during ...
TORONTO - More signs of a healthy economic recovery emerged Tuesday in upbeat reports on labour productivity and the manufacturing sector, both of which ...
NEW YORK - PepsiCo plans to remove sugary drinks from schools worldwide, following the success of programs in the U.S. aimed at cutting down ...
MONTREAL - Laurentian Bank (TSX:LB) is looking to grow by diversifying its real estate financing business outside its home base of Quebec, with possible ...
MONTREAL - After doubling its workforce over the last decade, construction and engineering giant SNC-Lavalin is now looking to substantially grow the percentage of ...
TORONTO - The federal government has told the vaccine industry it wants to explore options for Canada's next pandemic flu vaccine contract.
In a request ...
CALGARY - As Sean Durfy navigated Canada's second-largest airline through a ruthless economic environment, he was simultaneously dealing with turbulent times for his young ...
IQALUIT, Nunavut - French wine and British beer may no longer be stocked by Nunavut's government-run liquor stores after a motion protesting the European ...
TORONTO - Honda is recalling hundreds of thousands of vehicles in Canada and the United States after some of the Japanese carmaker's customers complained ...
WASHINGTON - Housing construction fell in February as winter blizzards held down activity in the U.S. Northeast and South. The decline highlighted the challenges ...
TORONTO - Nuclear medicine company MDS Inc. has completed its restructuring into a smaller medical isotope business, but an ongoing shutdown at a key ...
Liar’s Poker author Michael Lewis has a great review in The New Republic of Alice Schroeder’s biography of Warren Buffett, The Snowball: Warren Buffett and the Business of Life. Lewis says as much about Buffett as he does about the book in his analysis. Hat tip to Paul Kedrosky for pointing to the review. Also worth a read: Canadian [...]
I had a conversation earlier today in Montreal with Jeffrey Immelt, the chairman and CEO of General Electric Co. (GE), who was pretty blunt in his assessment of the so-called Buy American provision in President Barack Obama’s stimulus bill. “I think it’s terrible,” Immelt said, before speaking at the International Economic Forum of the Americas here. [...]
Nearly every equity exchange-traded fund (ETF) has had a big price run-up over the past year. In Canada, one exception is the iShares CDN Growth Index Fund (XCG) — at least in relative terms. It’s at the bottom of a ranking of equity iShares ETFs by 1-year performance (see below) — with only a 24.5% gain [...]
The crisis in Haiti has elicited an extraordinary response from governments, non-profit organizations, corporations, and individuals. This is long overdue. The context, however, is also extraordinary. In addition to, and perhaps because of, the financial impact of the recession, we have developed a need to understand and embody our social purpose which is palpable: people are [...]
