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Poloz urges support for TPP and Canada-Europe trade deals
The governor of the Bank of Canada is wading into the hyper-politicized debate over a pair of controversial trade deals.
Posted on 4-26-2016 at 8:53 AM
BP eyes more spending cuts after 80% profit drop
BP said on Tuesday it could cut capital spending further after reporting an 80 per cent drop in profit in the first quarter of the year, when oil prices touched a near 13-year low.
Posted on 4-26-2016 at 8:25 AM
Thomson Reuters first-quarter profit beats estimates
News and information company Thomson Reuters Corp. on Tuesday reported higher-than-expected quarterly earnings, but revenue slightly missed forecasts, hurt by currency fluctuations.
Posted on 4-26-2016 at 8:20 AM
Barrick Gold falls into red as asset sales, prices weigh
Barrick Gold Corp, reported a quarterly loss, compared with a year-earlier profit, as asset sales weighed on production and realized prices fell.
Posted on 4-26-2016 at 7:59 AM
Teck Resources strikes optimistic tone amid 'change in direction'
If you look carefully enough, you can see glimmers of hope in the resource sector. Fresh off reporting an unexpected adjusted profit, Teck's CEO said he’s “encouraged” by what’s happening with zinc and steelmaking coal prices.
Posted on 4-26-2016 at 7:16 AM
Moody’s downgrades Alberta’s credit rating, citing deficit and rising debt
Another major credit rating agency has downgraded Alberta’s debt, citing the $10.4-billion deficit, rising debt and the NDP government’s long road back to a balanced budget.
Posted on 4-25-2016 at 4:30 PM
Husky Energy selling 65% interest in assets for $1.7B
Husky Energy says it is selling 65 percent ownership interest in certain midstream assets in the Lloydminster region of Alberta and Saskatchewan for $1.7 billion in cash.
Posted on 4-25-2016 at 7:09 PM
Canadian National Railway's quarterly profit rises 12.5%
Canadian National Railway Co reported a 12.5 percent rise in quarterly profit, helped by lower costs.
Posted on 4-25-2016 at 4:30 PM

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