Chinese Premier Li Keqiang is in Switzerland to sign a free trade pact with the Alpine nation — the first comprehensive agreement the country has reached with a major Western economy. - 14 mins ago, 24 May 13, 3:56pm -
After a day of meetings with Latin American leaders in Colombia, Prime Minister Stephen Harper says it's too early to say whether Canada should seek full membership in the group, which currently includes Mexico, Chile, Colombia and Peru. - 18 mins ago, 24 May 13, 3:52pm -
Canada ranks third last among economically advanced counties in the amount of paid vacation time it guarantees its workers, a new U.S. study indicates. - 47 mins ago, 24 May 13, 3:23pm -
German brewers are worried that fracking, the process of extracting natural gas from underground shale deposits, will jeopardize the quality of their beer by contaminating the water supply and have asked their government to hold off on passing the fracking regulations it has been drafting for months. - 48 mins ago, 24 May 13, 3:22pm -
Twenty-nine New Jersey bars and restaurants, including 13 TGI Fridays, were accused of substituting cheap booze - or worse - for the good stuff while charging premium prices. - 1 hour ago, 24 May 13, 3:05pm -
Teen clothing retailer Abercrombie & Fitch sales cratered last quarter, and stock for the American chain has sold off sharply as a result. - 1 hour ago, 24 May 13, 2:45pm -
Canada's sixth-largest bank is hiking its dividend and buying back some of its shares, National Bank announced Friday along with a second-quarter profit that beat analyst estimates by a wide margin. - 3 hours ago, 24 May 13, 1:17pm -
'If Abenomics works, it will serve a dual purpose, giving Japan itself a much-needed boost and the rest of us an even more-needed antidote to policy lethargy' - 6 mins ago, 24 May 13, 4:04pm -
Enbridge Inc. is moving ahead with plans to meet five conditions for the British Columbia government to support its proposed Northern Gateway oil pipeline, after a Liberal re-election made clear terms needed to satisfy officials in the Pacific Coast province - 2 hours ago, 24 May 13, 2:26pm -
A senior TransCanada Corp. executive says the resistance to the approval of the proposed Keystone XL oilsands pipeline has made the company more cautious about future cross-border endeavours - 2 hours ago, 24 May 13, 2:17pm -
Online car classifieds can offer convenience and bargain prices, but experts recommend taking precautions to protect yourself from scammers and fraud artists - 2 hours ago, 24 May 13, 1:52pm -
A sample of the public comments released by the U.S. State Department reveal the same actors from both side of the divide dominating the proceedings, rather than a chance for the wider public to air its opinion - 3 hours ago, 24 May 13, 1:34pm -
Wal-Mart hires auditor and mulls tying executives' pay to the issue as empty shelves cost sales and drives away customers - 3 hours ago, 24 May 13, 1:29pm -
Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector despite belt-tightening in Washington and weakness in overseas markets - 3 hours ago, 24 May 13, 1:20pm -
U.S. citizens living in Canada now have an extra reason to celebrate this Canada Day, following the IRS announcement that it will offer tax reprieve to help Americans living abroad - 29 Jun 12, 7:34pm -
Is it a dream or reality? Half of Canadians now in hock expect to be debt-free by 2017 and that includes their mortgage, a new Bank of Montreal study says - 6 Jun 12, 12:22pm -
Family Finance: Robert and Greta will be beneficiaries of a hefty government pension, but also potential victims of it if they quit work permanently when Robert is just 54 - 1 Jun 12, 7:29pm -
A poll commissioned for the Financial Post found that 55% of Canadians do not believe personal debt can be used to build wealth — are they wrong? - 1 Jun 12, 3:19pm -
These seniors with large debts need to retire soon. But with no plan, they will run down their savings and face insolvency. Here's how they can stay afloat - 2 hours ago, 24 May 13, 2:25pm -
Millionaires on paper having profited from the Vancouver housing boom, this couple wonder if it is time for some profit taking - 10 days ago, 14 May 13, 7:53pm -
Family Finance: Burned by stocks, many investors in bubbly property markets such as Alberta have put their life savings into real estate. It’s potentially a solid strategy, but this woman has carried it to an extreme - 15 days ago, 9 May 13, 6:01pm -
The news is grim for this 69-year-old, six more years of work to relieve her debt burden, spending reductions, selling her car and her income properties. But at least she can keep her house - 23 days ago, 1 May 13, 7:39pm -
Family Finance: This couple have built what looks to be a comfortable, secure retirement on the basis of stable jobs, frugal living and the savvy use of tax breaks - 31 days ago, 23 Apr 13, 7:09pm -
Family Finance: Fleeing the perils of life in Guatemala, family builds a prosperous life in Ontario. But it still isn't enough to retire before age 65 - 35 days ago, 19 Apr 13, 1:48pm -
Family Finance: If these specialists in tree ailments retire under the duress of terminated careers, can they afford to maintain their way of life? - 42 days ago, 12 Apr 13, 1:26pm -
JPMorgan Chase & Co. reported a 4% drop in its loan book in the first quarter, raising questions about the U.S. banking industry’s ability to boost profit as the U.S. housing sector continues to flail - 13 Apr 11, 10:46pm -
An all-party committee of the Ontario government appears set to support a proposed transaction to merge Toronto Stock Exchange owner TMX Group Inc. with the London Stock Exchange, with some tweaking involving regulation and governance - 13 Apr 11, 8:45pm -
Analysts say a good deal of JPMorgan’s ability to grow in the future will depend on growth in the global economy, which will trigger more demand for loans - 13 Apr 11, 2:41pm -
Blackstone said on Tuesday it teamed up with shale gas developer Alta Resources to form Alta Energy Partners and they are committing to invest up to US$1-billion to acquire and develop unconventional oil and gas assets in North America - 12 Apr 11, 2:49pm -
Nasdaq OMX Group and IntercontinentalExchange Inc. are not going to walk away from their bid for NYSE Euronext NYX.N, despite the NYSE board’s rejection of the unsolicited offer, according to people familiar with the matter - 11 Apr 11, 2:56pm -
Royal Bank of Canada is shopping its struggling U.S. retail banking operation on the heels of results suggesting profitability may be in striking range, sources said - 8 Apr 11, 2:35pm -
The plan continues to face what chief executive Jim Leech calls 'systemic funding problems,' including some teachers whose retirement periods exceed their working years - 6 Apr 11, 3:45pm -
NEW YORK, N.Y. – News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies.News Corp. also said Friday…The post News Corp. board approves company split, $500 million stock buyback appeared first on Canadian Business. - 1 hour ago, 24 May 13, 2:43pm -
WASHINGTON – China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.…The post China agrees to give US regulators access to audit records for Chinese companies appeared first on Canadian Business. - 2 hours ago, 24 May 13, 2:33pm -
GENEVA – Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation — the first comprehensive agreement his country has reached with a…The post Chinese premier to seal free trade deal with Switzerland, 1st with major western economy appeared first on Canadian Business. - 2 hours ago, 24 May 13, 1:57pm -
LJUBLJANA, Slovenia – Slovenia’s parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout.…The post Slovenia approves cap on public spending to shore up market confidence, avoid bailout appeared first on Canadian Business. - 3 hours ago, 24 May 13, 1:21pm -
The price of oil was knocked below US$94 a barrel Friday by a combination of ample supplies and lukewarm demand.By early afternoon in Europe, benchmark oil for July delivery…The post Crude oil falls below $94 a barrel with economic data pointing toward lukewarm demand appeared first on Canadian Business. - 3 hours ago, 24 May 13, 1:13pm -
WASHINGTON – U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady…The post US orders for durable goods rise 3.3 per cent in April, helped by gain in business investment appeared first on Canadian Business. - 3 hours ago, 24 May 13, 12:57pm -
San Francisco–based hedge fund business Conifer Fund Services is creating as many as 120 jobs in Nova Scotia. Jack McDonald, president and CEO of The Conifer Group said "Halifax will become a key centre for hedge fund administration because it has a highly educated and skilled labour force, low staff turnover, and a high quality of life." Conifer is working with the province's universities and Nova Scotia Community College to employ new graduates. - 15 days ago, 10 May 13, 3:00am -
Sanofi inaugurated its Canadian corporate head office in Laval, Quebec. The new offices, together with a Canadian center for distribution in Kirkland, Quebec, form a renewed investment of $12 million by Sanofi in the province. Sanofi companies in Canada include Sanofi Canada (pharmaceuticals), Sanofi Pasteur (vaccines), Sanofi Consumer Health (health and beauty), Genzyme (rare diseases) and Merial (animal health). Together they employ more than 1,700 Canadians and, in 2012, invested $122 million in R&D in Canada, creating jobs, business and opportunity throughout the country. - 17 days ago, 8 May 13, 3:00am -
Fineos, a Dublin-based technology company that provides claims management software for the global insurance industry, is to create new technology jobs in Canada. The new positions include Java software engineers, software testers, business analysts and technical implementation consultants. "The time is right to invest in our people to ensure we have the capacity and expertise to match the needs of our growing customer base," Fineos founder and CEO Michael Kelly said. - 29 days ago, 26 Apr 13, 3:00am -
Boeing Winnipeg will expand its Murray Park site by more than 22% to house new composites work for its 737 MAX airplane. The site will be used to to construct the one-piece composite acoustic inner barrel for the aircraft`s engine nacelle inlet. - 32 days ago, 23 Apr 13, 3:00am -
Three European aerospace engineering and design companies are setting up or expanding their presence in Montreal, creating nearly 200 jobs over three years. German company PFW plans to move its Seattle-based aerospace tube and duct systems business to Montreal, while Austrian firm FACC Solutions, which specializes in the manufacture of composite components on aircraft, will open an engineering office to complement its existing work on business aircraft interiors. LGM of France plans to invest more than $2 million over three years to develop its business in Canada. The company specializes in risk management and testing in the aerospace and railway industries. The companies said they were attracted to the city because of the availability of trained workers and their ability to work with large locally based manufacturing companies such as Bombardier. - 32 days ago, 23 Apr 13, 3:00am -
Hitachi Solutions America will open a new business subsidiary in Canada. As part of its plan to support the company's strategic investment in the oil and gas sector and financial services industries, the expansion will help Microsoft global systems integrator better meet the needs of multinational corporations and its growing Canadian client base as well as boost its global market footprint. The unit will provide sales and delivery services for Canada, and will be staffed locally. - 36 days ago, 19 Apr 13, 3:00am -
Vancouver-based Xenon Pharmaceuticals announced that Merck has exercised its option to exclusively license small molecule compounds for a novel target for the potential treatment of cardiovascular disease. In 2009, the companies entered into a strategic alliance where Xenon employed its human clinical genetics platform to validate novel cardiovascular targets and collaborated on the discovery and development of small molecule compounds for those targets. Under the terms of the original agreement, Xenon received milestone payments and an option fee and is eligible for further milestone payments of up to $86.5 million. In addition, Merck will pay Xenon undisclosed royalties on sales of products resulting from the collaboration. - 38 days ago, 17 Apr 13, 3:00am -
The Honourable Jim Flaherty, Minister of Finance, announced today the establishment of a Venture Capital Expert Panel in order to advance key elements of the Venture Capital Action Planf - 23 hours ago, 23 May 13, 5:26pm -
The Government of Canada today launched public consultations on the tax rules governing Labour-Sponsored Venture Capital Corporations (LSVCCs) to assist these corporations with an orderly phase-out of the federal LSVCC tax credit. The Government is replacing the LSVCC tax credit with new venture capital programs that experts say will do more to create jobs and economic growth in Canada - 23 hours ago, 23 May 13, 5:25pm -
I would like to thank the Government of Turkey for graciously hosting the 22nd Annual Meeting of the European Bank for Reconstruction and Development. We could not ask for a more appropriate venue for an EBRD annual meeting than Istanbul-a city that straddles continents and cultures. The Bosphorus strait is a powerful reminder of the importance of the markets that connect Asia, Europe and the Middle East, which speaks to the very purpose of the EBRD - 13 days ago, 11 May 13, 7:40pm -
The Honourable Ted Menzies, Minister of State (Finance), will attend the annual meeting of the European Bank for Reconstruction and Development (EBRD), taking place May 10-11 in Istanbul, Turkey, and will meet with key political and business leaders to promote trade and investment. - 14 days ago, 10 May 13, 2:45pm -
The Honourable Jim Flaherty, Minister of Finance, today urged policy-makers around the world to renew their efforts to strengthen the global recovery through urgent and productive collaboration. - 15 days ago, 9 May 13, 6:01pm -
The Honourable Jim Flaherty, Minister of Finance, will be in the United Kingdom this week to advance Canada's strong economic and fiscal leadership and to promote trade and investment. - 16 days ago, 8 May 13, 6:55pm -
The Honourable Jim Flaherty, Minister of Finance, today announced an important step in implementing the Harper Government's Venture Capital Action Plan, a comprehensive approach to funding innovative companies, while supporting growth and job creation in Canada - 21 days ago, 3 May 13, 5:40pm -
