TORONTO — Barrick Gold is making changes to the senior management team, including two promotions. The company says Rob Krcmarov has been named executive vice-president for exploration and growth. Catherine Raw will become chief financial officer following the company’s annual meeting on April 26, replacing Shaun Usmar. Barrick said Usmar is leaving the company to guide a new mine financing ...

Energy investors wouldn’t mind seeing production cuts from the world’s leading oil producers such as Saudi Arabia, because this would help reduce the supply glut and hopefully boost prices. They simply don’t need to see the same from oil producers within their portfolios. That’s why it’s important to track the oil price required for companies to keep production steady. Aaron ...

BURLINGTON, Ont. – IKEA Canada has received three reports that one brand of table and floor lights could cause electrical shocks. The retailer says it hasn’t received any report of injury but is recalling the 3 types of Gothem (GOTH’-em) lamps. It says customers should immediately stop using the lamps and return them to any IKEA store for any 100 ...

In its 34-page report the analysts at Canaccord spent some time discussing developments trends in the management of your capital sector. The report centered on three trends: ? Acquiring robo-advisers. Of late there has been a minimum of two Canadian types of gaining exposure the forex market: Wealthsimple purchased ShareOwner Investments (the very first acquisition in Canada between two online ...

Fintech is alive and well around the world doing its better to disrupt existing financial relationships by using technology. In Canada, fintech continues to be a lesser factor, in part because the local banks emerged in better shape after the global financial trouble and because banks have a higher-level of satisfaction with their customers than in other markets. Those, in ...

WestJet Airlines Ltd. is creating a “paradox” for investors by escalating its turf war with Air Canada, putting pressure on yields and margins at both airlines, according to a brand new report from Raymond James Ltd. The fierce competition between the two airlines is certainly nothing new, but analyst Ben Cherniavsky argues that WestJet’s launch of Encore flights from Toronto ...

There are stories, great stories after which there’s the book that is required to recap the last two years at Calgary-based Karnalyte Resources. And that book is placed for a Hollywood ending thanks to an agreement in principle the company signed now with India’s Gujarat State Fertilizers and Chemicals Ltd. (GSFC.) That agreement will give you for US$700 million of ...

OTTAWA – Two of the world’s most powerful central banks will probably end up at odds this week. U.S. wage strength backs two 2016 Fed hikes, while Canada unlikely to raise rates until 2018, TD economist says Hidden job market strength justifies the U.S. Fed raising interest rates twice this season to curb inflation pressures, based on Beata Caranci, chief ...