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Tag Archives: nbsp

Liberals’ new cabinet more eco-friendly than oil-friendly


Huge expectations await Canada’s new environment and natural resources ministers, who will have to hit the ground running to deliver on Prime Minister Justin Trudeau’s climate change and environment priorities so bitumen pipelines can move forward. Ottawa Centre MP and lawyer Catherine McKenna is heading the environment and climate change …

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Canada still outpacing China in trade with the U.S., but only barely


OTTAWA — Yes, there’s an unstoppable chain of Chinese freighters headed toward the U.S. coastline. And U.S. goods are just as speedily going in the other direction. But don’t count Canada out of the race for trade just yet — even if it could be losing the most cherished trader status …

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Slamming Obama’s Keystone decision on Twitter


Everybody seems to have an opinion about President Obama’s decision to kill the Keystone XL pipeline by rejecting TransCanada Corp.’s application. Here are some of the more notable and amusing tweets. The billionaire energy guru… From start to finish, President @BarackObama handling of #KeystoneXL pipeline is a national embarrassment & …

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Don’t expect TransCanada Corp to take a writedown on Keystone XL just yet


TransCanada Corp. has several options after U.S. President Barack Obama rejected its proposal to build the Keystone XL pipeline, but investors shouldn’t expect a writedown of the project’s costs just yet. Obama betrayed America’s closest ally over Keystone XL to prop up climate change legacy Claudia Cattaneo: Canadians of every …

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The Russian ex-convict’s viral financial scheme that might be behind Bitcoin’s surge


The website for MMM Global, a “social financial network,” doesn’t exactly scream responsible investing. The primary colours and three-dimensional font (100% PER MONTH) look like a web designer’s hangover from 1998. The scowling photo of Sergey Mavrodi, the man behind MMM, looks like a mugshot. It could, in fact, be an actual …

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Obituary: Keystone XL, age 7, choked on political baloney


The Keystone XL project, age 7, passed away on Friday, the victim of protracted political gamesmanship. In its short life, the humble pipeline was able to achieve a symbolic power that elevated its public profile beyond its actual importance. Keystone XL may be gone, but its status as an exaggerated …

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Bombardier Inc needs to make a ‘strong business case’ if it wants federal aid: PM


OTTAWA — If Montreal-based aerospace manufacturer Bombardier Inc. needs federal money to aid its CSeries jet project, it’ll have to make a “strong business case,” Prime Minister Justin Trudeau told a meeting of labour leaders Tuesday. Trudeau was responding to questions at a closed-door Canadian Labour Congress gathering in Ottawa …

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Silver Wheaton’s Bernardi at centre of streaming finance market


2015 Western CGCA — Deal Making Curt Bernardi has tapped into the deal mother load at Silver Wheaton Corp., thanks to the streaming finance market. Bernardi, recipient of the Deal Making honour at the 2015 Western Canada General Counsel Awards, joined Silver Wheaton at the right time in 2008. Silver …

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Transat A.T. set to become a single share class company on Monday


Transat A.T. Inc., the Montreal-baser international tour operator, has announced plans to become a single share class company. As of Monday the company’s Class A shares variable voting shares (which trade under the symbol (TRZ.A) and its voting shares (TRZ.B) will trade under a single ticker TRZ on the Toronto …

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First it was energy, now Valeant and Bombardier are spooking bond investors away from Canada


Canada’s bond market has been ravaged by the global commodities rout. So when a drugmaker and an aerospace company join the misery with even bigger losses, investors can’t be blamed for rushing to the exits. Six very strange things have been happening in financial markets around the world Market moves …

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