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Canadian News

T. Boone Pickens, Founder, BP Capitalplay

Obama ‘foolish’ if he rejects Keystone: T.B. Pickens

U.S. President Barack Obama would be "a fool" not to approve TransCanada's Keystone XL pipeline and risks seeing the project shift direction away from the U.S. if he stalls approval of...

Posted on 5-01-2013 at 2:54 PM
Michael Sabia, CEO of Caisse de dépôt et placement du Québec play

Caisse’s Sabia lambastes Barrick exec pay package

Michael Sabia, the head of Quebec's biggest pension fund, says even if Jesus Christ was offered a nearly $12-million US signing bonus to join Barrick Gold's board -- as was the gold...

Posted on 5-01-2013 at 11:36 AM
Manufacturing PMI ekes out slight growth

Manufacturing PMI ekes out slight growth

Canada's manufacturing activity eked out the smallest of expansions in April after shrinking in March but the sector did see an encouraging rise in new orders from abroad, according to...

Posted on 5-01-2013 at 10:25 AM
Jean Coutu misses profit expectations, boosts dividend

Jean Coutu misses profit expectations, boosts dividend

Canadian pharmacy chain Jean Coutu Group Inc.'s fourth-quarter profit missed analysts' expectations as tighter price controls for generic drugs hit revenue.

Posted on 5-01-2013 at 8:13 AM
Ken Perkins, Analyst at Morningstar play

Loblaw plans $7B REIT in July, profit up 40%

Loblaw Cos Ltd., Canada's largest food retailer, said it plans to transfer about $7 billion of property assets to a real estate investment trust  that will be spun off in an initial...

Posted on 5-01-2013 at 7:12 AM
U.S. fund faces uphill task in Tim Hortons battle

U.S. fund faces uphill task in Tim Hortons battle

ANALYSIS: Highfields Capital, a U.S. hedge fund agitating for drastic change at iconic Canadian coffee-and-doughnut chain Tim Hortons Inc., is set for a difficult battle convincing some...

Posted on 5-01-2013 at 10:18 AM
Yamana, resources drag TSX lower

Yamana, resources drag TSX lower

Canada's main stock index S&P/TSX composite index fell on Wednesday, hurt by weak economic data from China that drove commodity prices lower and disappointing earnings reports from...

Posted on 5-01-2013 at 9:58 AM
Eric Nuttall, portfolio manager, Sprott Asset Management play

Suncor Energy boosts payout 54%, beats Street

Suncor Energy Inc.'s first-quarter operating profit beat analyst expectations, boosted by higher oil sands production and better profitability in refining and marketing. It also boosted its...

Posted on 4-30-2013 at 7:26 AM

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