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Two unions join chorus against Canadian Pacific Railway Ltd’s Norfolk Southern Corp bid

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Two trade unions representing workers at No. 4 U.S. railroad Norfolk Southern Corp have joined a growing chorus of opposition to an unsolicited bid from Canadian Pacific Railway Ltd, one in an unpublished letter sent to the U.S. rail regulator and the other in an interview with Reuters. The moves …

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Banks join the exemption order crowd allowing them to buy shares via private agreements

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For the second time this year, a Canadian bank has been given permission by the Ontario Securities Commission to buy back a good chunk of its own shares via private agreements with an arms-length third party seller. This week, Toronto-Dominion Bank joined the parade and plans to purchase, for cancellation, …

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Peter MacKay expected to join Toronto office of global law firm Baker and McKenzie

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Peter MacKay, a high ranking cabinet member in the previous Conservative government, is joining the Toronto office of global law firm of Baker & McKenzie as a partner. Baker & McKenzie will announce Monday morning that MacKay will join the firm as a partner on Feb. 1. MacKay served as …

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