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Canadian crude shipments from U.S. Gulf hitting global markets
Canadian oil pouring into the United States on new pipeline connections is trickling onto global markets, dodging export snarls that threaten the energy industry’s growth plans as crude prices slump.
Posted on 4-21-2015 at 8:12 AM
CN Rail announces new spending on safety as profit rises
The spending budget includes $500-million announced last week to upgrade its network in Western Canada and new rail-truck terminal in Milton, Ont.
Posted on 4-21-2015 at 7:00 AM
Rogers blames hockey, CRTC as profit falls
Rogers Communications Inc. said its first-quarter profit took a hit from increased spending to hang on to cellphone customers in advance of an upcoming surge in expired contracts and lacklustre broadcast revenues from mid-season NHL hockey games.
Posted on 4-21-2015 at 7:33 AM
Real Estate Watch: Brookfield, Blackstone reportedly bidding for Australian office buildings
Blackstone Group LP and Brookfield Asset Management Inc. are among bidders for $7 billion US of Australian real estate being sold by Morgan Stanley’s Investa Property Group, people with knowledge of the matter said.
Posted on 4-21-2015 at 7:30 AM
Canadian banks on hook to energy firms that hedged oil prices
Canada’s biggest banks are on the hook for at least $478 million of the $26 billion owed to U.S. oil and gas firms that bought protection against plunging crude prices.
Posted on 4-21-2015 at 7:29 AM
Teck slashes dividend on 'depressed' coal and copper prices
Teck warned in February it would reduce its dividend in July if industry-wide cuts in the production of steel making coal failed to lift prices from historically low levels.
Posted on 4-21-2015 at 7:24 AM
Top Picks from Keith Richards: SPDR Consumer Staples, Chemtrade Logistics Income Fund, and cash
Top Picks from Keith Richards, portfolio manager at ValueTrend Wealth Management of Worldsource Securities
Posted on 4-20-2015 at 5:00 PM
Oliver gets 'punny' with shoe choice for Budget Day
Joe Oliver kept with the quirky finance minister tradition of buying new shoes for Budget Day, selecting a rather on-the-nose brand to reflect an anticipated balanced budget.
Posted on 4-20-2015 at 3:04 PM

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