SNC-Lavalin will not raise its offer for British engineering and construction firm WS Atkins unless it faces a rival bid for the British firm, the Canadian construction and engineering group said on Monday.

"Fast money" has been leaving Canada and going into the U.S. since they have more attractive short-term rates. This usually happens until the point when the risk in owning the currency is too high and that fast-money capital flees.

Top Picks from Bruce Campbell, president and portfolio manager at Campbell, Lee & Ross.

In a release early Monday, the beleaguered mortgage lender said HISAs were steady at $125.4 million on Friday, May 12, after weeks of outflows that resulted in the balance declining nearly 95 per cent from the $2 billion on the books in late March.

Snap Inc jumped 8 percent on Monday and was on track for its third strongest day since the social media company's initial public offering, boosted by filings showing several institutional investors had owned its shares.

PrivateBancorp shareholders approved a $4.9 billion takeover offer from CIBC on Friday.

The Liberal government has begun its search for a CEO to lead Canada’s new infrastructure bank. While the high profile position is expected to attract candidates from around the world, industry observers say the job will require a certain style of leader.

Brookfield will first acquire a 20.3 per cent stake owned by Light in Renova, worth about 200 million reais (US$64 million) at current market prices. The source did not disclose the amount Brookfield will pay Light for the stake.

Bell is offering TV viewers who abandoned their expensive cable packages a new cheaper option for live streaming.

Steve Ranson, CEO at HomEquity Bank joins BNN to discuss a new report which examines a threat on the horizon for Canada's housing markets: highly indebted seniors being unable to afford and maintain their homes.

The Ontario government says it has an agreement to buy 61 light-rail vehicles from French manufacturer Alstom as an insurance plan in case Bombardier can't deliver railcars for transit projects in Toronto.

Price Waterhouse Cooper's consulting branch has released its annual "CEO Success study," which says there has been an increase in CEOs in the U.S. and Canada leaving their position due to scandal or improper conduct.

Canada's main stock index rose on Monday as energy companies, helped by a jump in crude oil prices, led a broad rally.

Rick Rule, President & CEO, Sprott U.S. Holdings

Oil hit a three-week high on Monday above US$52 a barrel after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than originally agreed.

The conglomerate is keen to double its purchases from Mexican suppliers next year, a statement from the office of Mexican President Enrique Pena Nieto said, a move that could upset Trump.

Prime Minister Justin Trudeau ordered the ban soon after the election in 2015, in which he took power on a pledge to balance resource development with protecting the environment.

Top Picks from Chris Damas, Editor, The BCMI Report.

In the Toronto market, which some economists have called a bubble, prices climbed 2.6 per cent, while nearby Hamilton was up 2.1 per cent. Indexes for both cities were at record highs.

Shares of Badger Daylighting plunged more than 20 per cent after vocal short seller Marc Cohodes disclosed he began shorting the company four months ago.

Mortgage lender Home Capital Group (HCG.TO) says outflows from its high interest savings accounts have ended after traumatic weeks in which the company fired its CEO, was accused of misleading shareholders and lost about $2.5 billion in deposits.

Canada's Teck Resources, Lundin Mining and HudBay Minerals are among a number of suitors that have submitted bids for BHP Billiton's Cerro Colorado copper mine in Chile, people familiar with the matter said.

BNN sets up the week ahead with what investors need to know.