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Sovereign bonds surged, sending japan benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt. Treasury yields dropped to some one-year low and those on short-dated German securities dropped to records within the rush to refuge from a worldwide stock rout. Traders pared the odds the government Reserve will raise interest ...

The B.C. Liberals’ throne speech, Tuesday, pointedly paid tribute to a lot of historically marginalized groups. Lieutenant Governor Judithju Guichon recognized the Songhees First Nation, and also the Esquimalt. She offered a hot thanks for visiting new immigrants. And she wished a contented Lunar New Year to the Chinese, Japanese, Koreans, Vietnamese and Mongolians in the home. Then she switched ...

One day after we mused whether Barclays Canada could make it three deals in 72 hours – we posed that as a question or even a challenge – we are able to are convinced that the firm, one of British-based Barclays Bank, reached that goal. But it had been close: it came following the markets closed. Indeed its third offer three ...

OTTAWA — Canada’s new Liberal government is placed to unveil its first budget in the week of March 21, two sources with knowledge of the procedure said on Tuesday. The budget, that the Liberals have pledged will include major new spending targeted at boosting a flagging economy, is probably to become presented to Parliament on Monday, March 21 or Tuesday, ...

Maureen Jensen’s nomination to the top job at the Ontario Securities Commission is proven, sources say. Jensen, the first woman to lead Canada’s largest capital markets regulator, will hold the positions of chair and chief executive for a two-year term, effective immediately. “I’m delighted to discover Maureen Jensen is proven,” Charles Sousa, Ontario’s minister of finance, said inside a statement ...

TORONTO – Hudson’s Bay Co. could be bulking up even further. Would Hudson’s Bay Co’s US$250-million Gilt trip be well worth the price? Reports that Hudson’s Bay Co. is looking to buy online “flash-sale” retailer Gilt.com for US$250 million had some in the market questioning why the Toronto mall chain may wish to acquire a Web retailer whose estimated value ...

As federal and provincial politicians pat themselves on the back for his or her climate change ‘leadership,’ and pipeline opponents gloat about stalling construction of recent Canadian pipelines, tanker-loads of foreign oil are delivered regularly to Eastern Canadian refineries, including increasing volumes from Saudi Arabia. What rising tensions between OPEC kingpin Saudi Arabia and Iran may mean for oil prices ...

CALGARY – To survive the prolonged downturn in oilfield activity, many energy service information mill poised to cut their dividends to zero. “Despite two-thirds of our coverage universe having already made sizable dividend cuts in the last year, we feel more are on the horizon within the coming quarters,” CIBC World Markets analyst Jon Morrison said inside a research note. ...