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RBC’s Bahama unit caught up in allegations involving billionaire art dealer
Royal Bank of Canada’s wealth-management subsidiary in the Bahamas is caught up in tax fraud and money-laundering allegations involving billionaire international art dealer Guy Wildenstein.
Posted on 3-30-2015 at 12:20 PM
Real Estate Watch: REITs with exposure to Future Shop
If you’re a REIT investor take note, analysts say the next few years are “likely to be challenging for retail landlords.”
Posted on 3-30-2015 at 11:16 AM
Canadian trailer maker Manac to explore potential sale
The largest manufacturer of truck trailers in Canada said on Monday its board has begun a strategic review to explore a potential sale or merger.
Posted on 3-30-2015 at 10:18 AM
Oil prices slip on possible Iran deal, dollar
Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear program that could bring an end to sanctions and allow an increase in Iranian oil exports.
Posted on 3-30-2015 at 7:00 AM
EXCLUSIVE: Greg Boland vs. Newton Glassman
It's the type of Goliath vs. Goliath battle that is almost never seen on Bay Street, but it is about to burst into the open.
Posted on 3-30-2015 at 8:45 AM
GM Oshawa plant closings would have ‘profound’ impact, union study says
The closing of two General Motors Co. assembly plants in Oshawa, Ont., would wipe out about 30,000 jobs, slice more than $5-billion out of Ontario’s gross domestic product and cost the federal and Ontario governments $1-billion in lost revenue.
Posted on 3-30-2015 at 7:00 AM
Connacher lenders find advocate in ex-U.S. bankruptcy judge
Connacher needs an Alberta court’s approval to swap $1 billion of bonds for equity and to issue $35 million of convertible notes. Credit Suisse represents more highly ranked creditors who are fighting the plan and who sued in a New York court.
Posted on 3-30-2015 at 8:00 AM
Amid fierce mortgage battle, some banks shifting focus from rates to features
The race to offer the country’s lowest mortgage rate has some lenders looking beyond the numbers.
Posted on 3-30-2015 at 7:54 AM

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