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TMX board backs $3.8B Maple Group takeover bid

TMX board backs $3.8B Maple Group takeover bid

TMX Group’s board of directors decides to support a $ 3.8-billion takeover bid from Maple Group Acquisition Corp. CBC | Business News…

Federal deficit shrinks in August

Federal deficit shrinks in August

The federal government’s fiscal picture is continuing to brighten, with Ottawa reporting Friday that its deficit for August was more than $ 2 billion smaller than last year. CBC |…

Job prospects poor, study predicts

Job prospects poor, study predicts

A new report from The Conference Board of Canada suggests job seekers may be in for a tough time in the next few months. CBC | Business News…

Markets soar on Europe crisis plan

Markets soar on Europe crisis plan

World stock markets moved sharply higher Thursday after European Union leaders meeting in Brussels agreed early in the day to a plan to address the region’s debt crisis. CBC |…

Eurozone leaders agree on Greek debt deal

Eurozone leaders agree on Greek debt deal

Private investors agreed Thursday morning to accept losses of 50 per cent on their Greek bonds, a European Union official said, removing the last apparent roadblock to a broad plan…

Flaherty sees no recession for Canada

Flaherty sees no recession for Canada

Finance Minister Jim Flaherty says he’s not expecting a recession in Canada, but will be flexible on the issue of stimulus spending if conditions worsen. CBC | Business News…

U.S. reviving $5.50 tariff on Canadian travellers

U.S. reviving $5.50 tariff on Canadian travellers

Canadian and Mexican travellers are once again going to have to swallow a $ 5.50 tax if they enter the United States by air or sea. CBC | Business News…

EU leaders defer debt-crisis action

EU leaders defer debt-crisis action

European leaders yet again put off the tough decisions needed to save the continent from its debt crisis but promise that a comprehensive plan is still coming. CBC | Business…

Eurozone to banks: take bigger loss on Greek debt

Eurozone to banks: take bigger loss on Greek debt

Big banks found themselves under pressure in Europe’s debt crisis Saturday, with finance chiefs pushing them to raise billions of euros in capital and accept huge losses on Greek bonds…

Ontario stock regulator softens enforcement

Ontario stock regulator softens enforcement

The Ontario Securities Commission is hoping to speed up market enforcement with new rules to encourage people to settle disputes without admitting any wrongdoing. CBC | Business News…