They still won’t be dissuaded from planning spending – possibly much more of it than ever On Thursday came another illustration of the Liberal government’s refreshing new “evidence-based” policy, where the fiscal evidence somehow always backs new spending policies. Just a day after Statistics Canada released moderately encouraging data on Canada’s fourth-quarter economic performance, Prime Minister Justin Trudeau was telling ...

Canada is among the largest gold producers on the planet, but as of last month the government valued its official holdings of the precious metal at zero. The country sold 21,851 ounces of coins in February, the Finance Department said Thursday inside a disclosure of its official international reserves. A footnote in the report said the federal government continues to ...

OTTAWA – With the federal budget only weeks away, a new study is urging the government to quickly ratify trade agreements with Europe and Pacific nations and refocus efforts to grow so-called knowledge-based services.     “Going forward, trade can be a powerful antidote towards the effects of the oil price shock and other domestic vulnerabilities, such as high personal debt, by ...

TORONTO – Target Canada Co. said Friday it’s reached an agreement with its former landlords whose leases were terminated included in the company’s intends to shut down its Canadian stores. The retailer said the settlement supplies a framework for a resolution of its court-supervised windup and deals with the landlords’ claims against both Target Canada and Target Corp. Under the ...

Lawyers clashed Friday afternoon in a hastily called regulatory hearing as dissident investor Catalyst Capital Group Inc. launched an 11th hour bid to delay next week’s shareholder vote on Corus Entertainment’s proposed $2.65-billion takeover of Shaw Media. Catalyst alleges Corus made “material misstatements” within the information that was presented to shareholders concerning the financial underpinnings and benefits of the proposed ...

CALGARY C Prices for used industrial equipment in Western Canada are falling as banks look for a method of getting money out of progressively more delinquent loans in oil-producing provinces. “Recent auction results have included generally softer pricing in secondary markets, designed for specialized equipment,” Canadian Western Bank president and CEO Chris Fowler said during his company’s quarterly earnings call ...