Canada. Economics news

 

  1. Deal reached to avert CN strike, union head says

    Agcanada.com - Agriculture  05.29 / 22:26 www.agcanada.com
    Montreal/Ottawa | Reuters — Canadian National Railway and a union representing 3,000 conductors on Monday reached an agreement in principle ahead of a looming strike deadline at Canada’s largest railroad, said a top union official. The union had set a strike deadline of Tuesday at 4 a.m. ET after the…
  2. Trans Mountain IPO to proceed despite B.C. Green-NDP deal, Kinder Morgan says

    Brandonsun.com - Business 05.29 / 22:17 www.brandonsun.com
    CALGARY - Kinder Morgan says it expects to proceed Tuesday with its initial public offering for the Trans Mountain expansion, just as the anti-pipeline Greens and NDP in B.C. announced they have come to an agreement that could cast the project's future into doubt. Dave Conover, a spokesman…
  3. Chartwell Announces Two New Credit Facilities Totalling $300 Million

    Cbj.ca - Business 05.29 / 22:00 cbj.ca
    MISSISSAUGA, ON–(Marketwired – May 29, 2017) – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today that it has entered into agreements with a syndicate of Canadian financial institutions, led by Bank of Montreal and The Toronto-Dominion Bank, for two new credit facilities (the “Credit Facilities”) totalling $300 million with accordion options for an additional $150…
  4. Slate Office REIT Completes Acquisition of Commerce West in the Greater Toronto Area

    Cbj.ca - Business 05.29 / 22:00 cbj.ca
    TORONTO, ON–(Marketwired – May 29, 2017) – Slate Office REIT (TSX: SOT.UN) (the “REIT”), a leading owner of office properties in Canada, is pleased to announce the closing of its previously announced acquisition of Commerce West, a suburban office complex, located at 401 – 405 The West Mall, in Etobicoke, Ontario for an aggregate purchase…
  5. Tornado Global Hydrovacs Reports First Quarter 2017 Results

    Cbj.ca - Business 05.29 / 22:00 cbj.ca
    CALGARY, Alberta, May 29, 2017 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V:TGH) today reported its unaudited consolidated financial results for the First Quarter ended March 31, 2017. The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be reviewed at www.sedar.com. Summary of the First Quarter…
  6. Star Navigation Updates R&D

    Cbj.ca - Business 05.29 / 22:00 cbj.ca
    TORONTO, May 29, 2017 (GLOBE NEWSWIRE) — Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCBB:SNAVF) (“Star” or the “Company”), is pleased to provide a further update on its STAR- A.D.S. ® research and development activities. Star Navigation is proud to announce its participation with the Consortium for Aerospace Research and Innovation in Canada (CARIC – http://caric.aero),…
  7. ABcann Global and Cannabis Wheaton Sign Interim Agreement for Construction of Additional Cannabis Cultivation Facility

    Cbj.ca - Business 05.29 / 22:00 cbj.ca
    VANCOUVER, BC–(Marketwired – May 29, 2017) – ABcann Global Corporation (TSX VENTURE: ABCN) (formerly Panda Capital Inc.) (“ABcann”) and Cannabis Wheaton Income Corp. (TSX VENTURE: CBW) (“Cannabis Wheaton” or “CW”) are pleased to report that they have entered into a binding interim agreement (the “Agreement“) to fund the construction of 50,000 square feet of cultivation…
  8. NAFTA talks to start in August: Here's what the calendar looks like

    Canada.com - Business 05.29 / 21:30 www.canada.com
    WASHINGTON — The Canadian government says it expects negotiations to start this summer for a new North American Free Trade Agreement: "NAFTA negotiations will start in August — not September," Foreign Affairs Minister Chrystia Freeland said Monday in the House of…
  1. 10 signs it’s time to look for a new job

    Moneysense.ca - Money 05.29 / 19:05 www.moneysense.ca
    Dressing down is a bad sign The post 10 signs it’s time to look for a new job appeared first on…
  2. Using pension money to pay down debt

    Moneysense.ca - Money 05.29 / 15:20 www.moneysense.ca
    Vanquishing all debt before retirement is ideal but not always absolutely necessary The post Using pension money to pay down debt appeared first on…
  3. Making long-term return forecasts

    Moneysense.ca - Money 05.29 / 14:08 www.moneysense.ca
    Everyone wants to know, with some certainty, how the market is going to perform. Norm Rothery applies his logic to come up with his most educated guess The post Making long-term return forecasts appeared first on…
  4. Tax-free education savings: The ABCs of RESPs

    Thestar.com - Personal Finance 05.29 / 10:08 www.thestar.com
    RESPs are a tax-free vehicle for your child’s education funds that also qualify for the Canada Education Savings G…
  5. Why retirees should think before they borrow

    Thestar.com - Personal Finance 05.29 / 10:08 www.thestar.com
    Those over 65 posted the highest percentage growth in borrowing compared with the fourth quarter of 2015 at 6.1 per…
  6. British Airways travellers to face delays, cancellations for third straight day

    Globalnews.ca - Money 05.29 / 09:35 globalnews.ca
    Travellers with airlines in the British Airways group faced a third day of delays and cancellations, mainly on short-haul routes and in smaller numbers than over the weekend, when the company suffered a colossal IT…
  7. 10 shared traits of value investors

    Moneysense.ca - Money 05.28 / 23:10 www.moneysense.ca
    Do you have what it takes to be a successful value investor? The post 10 shared traits of value investors appeared first on…
  8. Why your bond ETF isn’t losing money

    Moneysense.ca - Money 05.28 / 14:52 www.moneysense.ca
    The way most brokerages display fixed income ETF returns can make investors think they are loosing money on these investments The post Why your bond ETF isn’t losing money appeared first on…
  1. Bank note event: Bank of Canada Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginett

    Bankofcanada.ca - Finance 05.29 / 20:51 www.bankofcanada.ca
    OTTAWA — On Thursday, 1 June 2017, Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor will take part in photo opportunities to mark the entry into circulation of the Canada 150 commemorative bank n…
  2. Insurers disclose market conduct to regulator

    Advisor.ca - Finance 05.29 / 20:21 www.advisor.ca
    Demonstrating increasing regulatory co-operation and information sharing, members of the Canadian Council of Insurance Regulators (CCIR) are asked to file annual statements of market conduct, detailing practices on such things as point-of-sale information, product advertising and staff training. Most did this year. Read: IIROC, Alberta Insurance Council to share info on rule-breakers The statements allow “insurance …
  3. BMO Insurance launches whole life plan

    Advisor.ca - Finance 05.29 / 16:11 www.advisor.ca
    BMO Insurance has launched the BMO Insurance Whole Life Plan, which is a non-participating plan that offers an increasing death benefit with guaranteed cash values and guaranteed level premiums payable for 10 or 20 years or to age 100, after which time the policy becomes fully paid. Plan features Here are the plan’s key features. Performance …
  4. Stop using pre-signed forms, pleads MFDA enforcement report

    Advisor.ca - Finance 05.29 / 15:47 www.advisor.ca
    Signature falsification cases continue to…
  5. The Bank of Canada Warns … and Waits

    Movesmartly.com - Real Estate 05.29 / 13:29 www.movesmartly.com
    Dave Larock in Interest Rate Update, Mortgages and Finances Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that is always ahead of the pack. The Bank of Canada…
  6. Tim Hudak: OREA’s role in real estate is more important than ever

    Remonline.com - Real Estate 05.29 / 04:02 www.remonline.com
    OREA CEO Tim Hudak says in B.C., the provincial government “threw Realtors under the bus...” But in Ontario, “We were seen as active partners and (the provincial government) responded to our advice.” The post Tim Hudak: OREA’s role in real estate is more important than ever appeared first on REM | Real Estate Magazin…
  7. Dan St. Yves: Little pink houses

    Remonline.com - Real Estate 05.29 / 04:02 www.remonline.com
    Some interesting new options appearing across the country for struggling homeowners are the quaint, adaptable “tiny houses”. You can tow them, park them or play a game of catch with some. The post Dan St. Yves: Little pink houses appeared first on REM | Real Estate Mag…
  8. Coldwell Banker honours brokerages in Welland, Port Elgin and St. Catharines

    Remonline.com - Real Estate 05.29 / 04:02 www.remonline.com
    Coldwell Banker recognizes the loyalty of long-standing affiliates with the Milestone Awards program. This year, Coldwell Banker Canada president Andy Puthon has visited three affiliates to present their 15-year Crystal Milestone Awards. The post Coldwell Banker honours brokerages in Welland, Port Elgin and St. Catharines appeared first on REM | Real Estate…
  1. RAIC offers Italy-based stonework scholarship

    VERONA, ITALY — The Royal Architectural Institute of Canada (RAIC) is seeking applications for a design course in Verona, I…
  2. Wastewater and stormwater infrastructure upgrades slated for Ontario communities

    OTTAWA — The governments of Canada and Ontario are investing in local water infrastructure in communities across country to ensure Canadians and their families have access to modern, reliable water and wastewater s…
  3. Changing Workplaces final report released

    TORONTO — Ontario Minister of Labour Kevin Flynn has issued a statement in response to the Changing Workplaces Review Final Report released by the provincial government May 2…
  4. Federal water infrastructure funds for St. John’s upgrades

    ST. JOHN’S, N.L. — The Government of Canada is making investments in municipal water and wastewater system upgrades in St. John’s, N.L. to ensure they are up-to-date, safe and prote…
  5. Stakeholders praise, pan new OCOT enforcement policy

    Construction stakeholders offered mixed reviews after the Ontario College of Trades (OCOT) released its long-anticipated new Compliance and Enforcement Policy (C&E) May…
  6. PHOTO: Showroom Windows

    Glass installation is moving along at the Grand Touring Automobiles luxury dealership and service facility at 777 Dundas St. E. in…
  7. Bill Fisch education centre aims to work like a forest ecosystem

    An almost century-long endeavour to preserve and enhance York Region, Ont.’s managed forests reached another milestone earlier this year with the LEED Platinum certification of the Bill Fisch Forest Stewardship and Education C…
  1. Hub Group announces the acquisition of Estenson Logistics

    Canadianshipper.com - Industries 05.29 / 22:08 canadianshipper.com
    Oak Brook, IL — Hub Group, Inc. announced that its subsidiary, Hub Group Trucking, Inc., has entered into an agreement to acquire the business of Estenson Logistics, LLC for approximately $306 million. Hub Group expects the Transaction will close on… The post Hub Group announces the acquisition of Estenson Logistics appeared first on Canadian S…
  2. Can the TPP, reviled by Donald Trump, still offer a quick fix for NAFTA?

    Canadianshipper.com - Industries 05.29 / 22:08 canadianshipper.com
      Ottawa, ON — Donald Trump may have killed the 12-country Trans-Pacific Partnership, but experts say parts of the moribund Pacific Rim trade pact could well be resurrected in an upgraded North American Free Trade Agreement. That’s one way, they… The post Can the TPP, reviled by Donald Trump, still offer a quick fix for NAFTA? appeared first on Canadian Shi…
  3. CN Rail conductors could walk off the job Tuesday

    Canadianshipper.com - Industries 05.29 / 22:08 canadianshipper.com
    Montreal, QC — CN Rail train conductors represented by Teamsters Canada have given the railway a 72-hour strike notice. They could walk off the job Tuesday morning. Mike Cory, executive vice-president and chief operating officer of CN, said: “We continue… The post CN Rail conductors could walk off the job Tuesday appeared first on Canadian Shi…
  4. CSL wins Lloyd’s List Americas award

    Canadianshipper.com - Industries 05.29 / 22:08 canadianshipper.com
    Montreal, QC — The CSL Group was honoured with the 2017 Ship Operator of the Year award at the Lloyd’s List Americas gala dinner held in New York City. The award recognizes excellence in business development, safety, efficiency and reliability, and… The post CSL wins Lloyd’s List Americas award appeared first on Canadian Shippe…
  5. Global air freight demand rises: IATA

    Canadianshipper.com - Industries 05.29 / 22:08 canadianshipper.com
    Geneva, Switzerland — The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the… The post Global air freight demand rises: IATA appeared first on Canadian S…
  6. Shred-Tech opening new office in Raleigh, N.C.

    Canplastics.com - Industries 05.29 / 22:08 canplastics.com
    Canada-based shredding and recycling equipment maker Shred-Tech is expanding to a new factory location in Raleigh, N.C. to meet increasing customer demands. The new 20,000 square-foot facility supports the company’s strategic plan to centralize its business in Raleigh while consolidating… The post Shred-Tech opening new office in Raleigh, N.C. appeared first on Canadian P…
  7. Profits up for Wittmann Group in 2016

    Canplastics.com - Industries 05.29 / 22:08 canplastics.com
    The Austria-based injection molding machine, robot, and auxiliary equipment maker saw sales increase 5% over 2015. The post Profits up for Wittmann Group in 2016 appeared first on Canadian…
  8. Vancouver Becoming North America’s Largest Coal-Exporting Port

    Canada is expanding its coal exports to Asia through British Columbia The post Vancouver Becoming North America’s Largest Coal-Exporting Port appeared first on Alberta Oil…