The nomination of 59-year-old Maureen Jensen as the new head from the Ontario Securities Commission is viewed as a palatable choice because the province is constantly on the push for the establishment of the national regulatory body. If approved, the present OSC executive director will be appointed to a two-year term as the capital markets watchdog’s chair and leader – ...
Read More »Monthly Archives: August 2016
Barrick Gold Corp shares are sinking this morning after warning of $3-billion writedown
TORONTO – Barrick Gold Corp. shares were lower in pre-market trading, following its advance notice of a US$3-billion asset writedown. Barrick (TSX:ABX) says it will likely be recording the value of its stalled Pascua-Lama mining project on the border of Chile and Argentina and its Pueblo Viejo gold operation in Dominican Republic with a total of between US$1 billion and ...
Read More »Kevin Libin: Don’t dismiss Coderre’s Alberta bashing; all anti-pipeline politics are local
Everybody who’s nobody is rejecting Alberta’s pipelines these days. Nobody who has any official capacity to do so, anyway. But get enough of those nobodies together, plus they may have a powerful effect that can sure get somebody’s attention. The latest is Montreal’s mayor Denis Coderre, former Liberal cabinet minister under Jean Chrtien, who together with mayors from Laval and ...
Read More »Canadian Tire announces recall of more than 87,000 booster seats
TORONTO – A lot more than 87,000 child booster child car seats sold at Canadian Tire stores are now being recalled simply because they neglect to meet safety regulations. The retailer says four types of booster seats made by Transtek Trading Co. Ltd. and sold under the brand names Kukuxumusu and Apramo are being recalled. The Kukuxumusu units possess a ...
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