Canadians pride ourselves on being positive contributors to global affairs. You want to do our part. The Trudeau government has embraced this national self-image. The prime minister has stated that “Canada will take on a new leadership role internationally” and it has pledged $2.65 billion to assist developing countries tackle global warming included in this vision of global leadership. Yet ...

CAMPO GRANDE, Brazil – When Wal-Mart Stores Inc. first expanded into Brazil’s midwestern farm-belt city of Campo Grande seven years ago, the economy was booming and executives were eager to open stores even just in sub-prime locations on one-way streets venturing out of town. It didn’t last. At the end of December, the U.S. retailer closed both of its Maxxi ...

A new survey released by Sun Life Financial says retirees are living on 62 per centof what they previously earned. Despite this prolonged duration of slow economic development in Canada, the Sun Life Financial Retirement Now Report discovered that most seniors (88 per cent) described retirement positively and 32 per cent were surprised at the way they could manage on ...

Domestic investors put a record amount of cash into foreign securities in December as a struggling economy and crumbling stock exchange at home sent Canadian cash abroad. Statistics Canada said Wednesday that domestic investors scooped up $17.4 billion in foreign securities for the month, breaking November’s record of $16.5 billion. The buying may come as foreign investors reduced their holdings ...

Claire Kennedy braves Antarctic peak meant for mental health Bennett Jones LLP tax partner Claire Kennedy has scaled Vinson Massif, the greatest peak in Antarctica and one from the world’s Seven Summits, included in the True Patriot Love Foundation’s signature expedition in 2016. With Kennedy were eight ill and injured soldiers and 17 Canadian business leaders, whose trip took these to an ...

For those employees with a defined benefit type of pension, the ride ahead looks enjoyable; for all those having a defined contribution plan the ride will be less enjoyable while those without a pension plan, start saving. Those differences derive from the type of pension funds being offered by employers, and also the difficult challenge for that investment managers to ...

Google is adding fruits, vegetables, meat and milk to its Google Express deliveries, answering rival Amazon.com Inc.’s Amazon Fresh grocery service and supermarket-shopping startups for example Instacart Inc. Google will add perishable groceries to select neighbourhoods in San Francisco and La, the organization said Wednesday. Deliveries are US$2.99 for members and US$4.99 for everyone else. Membership costs US$95 a year. ...

ANKARA/DUBAI – Iran on Wednesday stopped short of offering to restrain oil output included in a worldwide pact to freeze production to support prices, because it wants to recapture the market share it lost during years of sanctions. Sure, the Doha deal is flawed, but here’s why it could really make a difference to grease prices Oil ministers from Saudi ...