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Latest Canadian News
- Northern and Central and Southern Ontario - Business and Money
Find the latest news for the topic Business and Money and for the region of Northern and Central and Southern Ontario
TSX tumbles 159 points on Eurozone worries
The Toronto stock market was sharply lower Wednesday amid pessimism that a gathering of European Union leaders in Brussels will come up with a plan to contain the eurozone debt crisis
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Foreign investment in the oilsands a win-win
According to a recent report by the environmentalist group ForestEthics Advocacy, 71% of oilsands production is owned by non-Canadian shareholders, with foreign-headquartered companies controlling 24% of the sector's production. The group concludes that Canadians benefit very little from the industry's production on account of this high degree of f
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CP Rail strike shuts down freight service
Canadian Pacific Railway Ltd.'s freight rail service has shut down after 4,800 of its engineers, conductors and traffic controllers walked off the job shortly after midnight Wednesday morning
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Eurozone worries depress TSX
The Toronto stock market was sharply lower Wednesday amid pessimism that a gathering of European Union leaders in Brussels will come up with a plan to contain the eurozone debt crisis
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BMO profit leap beats expectations
BMO Financial Group reported a profit of $1.3-billion, or earnings per share of $1.51, in its second quarter of 2012, jumping 27% from the previous year
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Canadian companies urged to end stock option rewards
With Europe’s fragile economic outlook and signs of investor discontent beginning to spread, an influential group including representatives of Canada’s business, regulatory and academic circles is calling for an end to the popular practice of rewarding executives with stock options
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TSX surges more than 200 points
The Toronto stock market surged more than 200 points Tuesday as traders caught up to solid advances in commodities and global markets while the TSX was closed for Victoria Day
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OSC makes fraud allegations against Sino-Forest
The Ontario Securities Commission has made formal fraud allegations against Sino-Forest Corp. and several of its former executives following nearly a year of investigations into the collapsed forestry firm
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TSX advances after week of sharp losses
The Toronto stock market is sharply higher as traders catch up to solid advances in commodities and global markets that occurred while the TSX was closed for Victoria Day
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France presses for euro area bonds to stem crisis
France’s François Hollande will push a proposal for mutualising European debt at an informal summit of EU leaders in Brussels this week, increasing pressure on German Chancellor Angela Merkel to drop her opposition to the idea
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Personal Finance this weekend
Did you miss anything in this weekend’s Personal Finance section of the Financial Post? Here’s a round-up of our coverage, just in case
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