Home / Tag Archives: nbsp

Tag Archives: nbsp

Ontario deficit drops by $1 billion, which is ‘mainly the result’ of the Hydro One sell-off

pre_budget_consultation_20150123.jpg

Twitter Google+ Reddit Email Typo?More Comments LinkedIn TumblrPinterest DiggFarkItStumbleUpon The Ontario Liberals are under fire after their fall economic statement revealed a lower-than-projected deficit was “mainly the result of the government’s… recent Hydro One initial public offering.” The deficit this fiscal year is expected to fall to $7.5 billion from …

Read More »

Enbridge may be high water mark for bought deals that go awry

1201enbridge.jpg

Most of the time a bought deal – a Canadian-invented system of raising capital for issuers – runs smoothly: a deal is announced, buyers rush in to participate and within a couple of weeks the company gets the net proceeds. Every so often a deal doesn’t work out: either the …

Read More »

Two SPACs remain in limbo for the time being

spacs.jpg

For the time being at least the score will remain 5-2. We are referring, respectively, to the number of Special Purpose Acquisition Companies (SPACs) that have been formed and that have raised capital in Canada this year and the number that are in line to raise capital. It remains to …

Read More »

Get best Black Friday deals on your phone as Cyber Monday becomes obsolete

maceys.jpg

The last thing shoppers need is another name for their holiday binge; and yet here it is. First there was Black Friday. Then there was Cyber Monday. Now there’s Cyber Friday as the lines blur between online and traditional shopping in a weekend of frenzied consumption. Black Friday or Boxing …

Read More »

Glencore can withstand downgrade to junk: RBC

glencore.jpg

There has been plenty of speculation over the past few months that Anglo-Swiss commodities giant Glencore PLC could lose its investment-grade credit rating. Currently, the debt-laden company is two notches above junk status. Many investors are alarmed about a potential downgrade to junk, given that it would increase funding costs …

Read More »

‘Intensely competitive’ winter ahead for airlines serving sun destinations

westjet.jpg

It’s shaping up to be an “intensely competitive” winter for Canadian airlines and tour operators serving sun destinations, leading analysts at National Bank to lower their price targets for WestJet Airlines Ltd. and Transat AT Inc. The bank’s analysis of the sun destination leisure market found that total capacity from …

Read More »

Where have all the Canadian tourists gone? Weak dollar keeps them from visiting the U.S.

where_are_the_canadians.jpg

ORLANDO, Fla. — Around this time of year, Joel and Lorraine Leydier usually make their annual drive from their home in a small town east of Toronto to Myrtle Beach, South Carolina, where they love watching the beach from the balcony of their hotel, shopping and listening to music at The …

Read More »

Enbridge Inc willing to grow through acquisitions

1203enbridge.jpg

CALGARY – Enbridge Inc. has indicated a new willingness to grow by buying up firms with depressed share prices Thursday. “We’re going to look at all of the aspects of potential merger and acquisition opportunities. Typically, we’ve been focused on organic growth,” Enbridge president and CEO Al Monaco said on …

Read More »

Children can now talk to their toys — and marketers, hackers are trying to listen in

1204barbie.jpg

Your daughter rips open the wrapping paper and screams with excitement – it’s Talk To Me Tammy! After connecting the doll to your home’s wireless network through a smartphone app, she and Tammy start chatting. Tammy tells her jokes, quizzes her on some math questions and says her favourite colour …

Read More »

OPEC’s ‘victory’ against rivals comes at heavy price

1203opec.jpg

So this is what winning looks like. Jackie Forrest: Why the OPEC price war will rage on November 27th marks the one year anniversary since Saudi Arabia made the watershed decision to pivot from protecting oil price to maximizing market share. The members of the cartel will meet again, to …

Read More »