ANALYSIS: MLSE deal all about eyeballs
Conviviality is not exactly the name of the game in Canada’s telecommunications industry. But the CEOs of Bell and Rogers were all smiles about their $ 1.3 billion deal for…
$9B Joslyn oil sands project gets green light
Natural Resources Minister Joe Oliver says it should not have taken six years to approve the Alberta project, adding the environment review process should be streamlined to two years or…
Canada, U.S. take ‘most significant’ step since NAFTA
A new perimeter agreement between Canada and the U.S. aims to make everything from travel to business easier, co-ordinating regulations to cut red tape that the government estimates costs the…
Big banks made $22.4B in 2011
Canada’s big five banks had a record combined profit of $ 6.1 billion in the three months ended in November, with the full-year earning at $ 22.4 billion, a sharp…
Stocks pare gains on Europe credit concerns
North American stocks pared their gains Monday after reports that bond rating agency Standard & Poor’s will issue a warning that it could in future downgrade several European economies. CBC…
U.S. jobless rate drops as many give up job search
The U.S. Labor Department says the unemployment rate dropped sharply to 8.6 per cent last month, down from 9 per cent in October. The rate hasn’t been that low since…
Jobless rate jumps in November
A large drop in part-time work pushed Canada’s unemployment rate up to 7.4 per cent in November as the country lost a surprising 18,600 jobs. CBC | Business News…
Holiday spending gets big boost
Canadians visited malls and online retailers in droves during Black Friday and Cyber Monday events this year, driving a significant boost in sales for retailers in contrast to earlier predictions…
Why Canadians should care about a euro collapse
The demise of the euro would deliver a significant blow to the Canadian economy, leading to less trade, higher unemployment and a possible recession, financial experts say. CBC | Business…
Stocks soar on central bank action
The Toronto Stock Exchange follows the lead of other world markets, running out to a triple-digit gain after the world’s central banks pledged to work together to fight Europe’s slumping…
