Category: Headlines
Bombardier profit falls as aircraft deliveries decline
The world’s third-biggest commercial planemaker, however, said new orders for business jets were strong and it is seeing a pick-up in commercial aircraft orders as well
China trade signals demand downturn
China risks a fresh downturn in demand for goods from its massive factory sector, with weaker than expected exports and stalling headline import growth signalling that government spending is the crucial factor keeping the economy moving
Spanish banks: A rude awakening
HAVE Spain’s policymakers at last woken up? The news that Rodrigo Rato was leaving Bankia came at the start of Madrid’s siesta on May 7th. The abrupt departure of one of Spain’s most prominent bankers came hours after Mariano Rajoy, the prime min…
Don’t put too much trust in bank stress tests: OSFI
Since the financial crisis, stress tests have very much come into vogue as banks and regulators around the world look to reassure the rest of us that everything’s back to normal. The problem is, they aren’t back to normal and the information provided by stress tests is only of limited value, according to Julie Dickson, …
End of era in Alberta as Ron Southern winds down role as Atco chairman
Claudia Cattaneo: Ron Southern is taking a step back from ATCO, announcing last week at the annual meeting in Edmonton of subsidiary Canadian Utilities Ltd. that he will resign as chairman of the parent company before the 2013 annual meeting. Meanwhile, he brings to an end a big chapter of Alberta history
Jovian’s disclosure questioned
When a company makes a boatload from selling two key divisions but hasn’t generated consistent earnings or share price gains, how should management be compensated? That’s the situation at Jovian Capital Corp.
First Leaside continued to raise millions from investors after damning report
First Leaside Group of Companies, an investment and wealth management firm now being wound down under court protection, continued to raise millions of dollars from investors even after an independent report raised serious questions about the firm’s viability
Ontario moves to open up Far North with $5.1-billion chromite deal
The government of Ontario took a big step toward unearthing the geological treasures of the province’s Far North in announcing an investment to develop the first mine in the mineral-rich Ring of Fire
Banks talk down consumer debt hysteria
The Bank of Canada may be thinking about raising interest rates but there’s apparently no need to because Canadians are hunkering down to cool debt obligations on their own
Andrew Porter to head debt capital markets at HSBC Canada
From London to Toronto. That’s the path taken by Andrew Porter, the recently arrived head of Debt Capital Markets, at HSBC Securities (Canada) Inc.
