Finance News Follow us to find the latest Finance news

Put it down as another example of a little Canadian technology company dealing with the big boys and the big boys doing their best to stretch the procedure out. A couple of years back it was i4i Inc. versus Microsoft once the Toronto-based content development firm brought a patent infringement action against Microsoft.  Microsoft lost and was ordered with a ...

Stephen Poloz is within a no-win situation. Bank of Canada warned rate cut will fan flames of loonie’s ‘unprecedented’ free fall The Canadian dollar is falling too much and too fast, damaging public and business confidence in Canada, say economists. Read on As the financial institution of Canada governor prepares to produce his rate of interest decision, forecasters are about ...

The first mantra from the oil crisis was “lower for longer.” Then “lower for even longer.” Now in Davos, oil executives are beginning to speak – in other words, whisper – in regards to a new nightmare scenario: “A great deal lower for a lot longer.” Oil executives, policy makers and banks said within the first times of the World ...

It hasn’t taken long for activist investors to obtain busy in 2016. In its first foray into Canada, Raging River Capital, a Chicago-based private equity/investment firm has requested a shareholder’s meeting of Vancouver-based Taseko Mines. Raging River includes a 5.1 per cent stake within the company that owns the country’s second largest open pit copper-molybdenum mine. In fact Raging River, ...

EDMONTON – A globally recognized credit rating agency is sounding alarm bells on Alberta’s debt situation. The Toronto-based agency DBRS, in a report issued Thursday, says with oil prices so low and also the government’s borrowing plans excessive, Alberta will exceed its very own self-imposed legislated debt limits this fiscal year. The agency confirmed Alberta’s top-drawer triple-A credit score, but ...

The plunge in commodity prices has forced many mining companies to market assets or metal streams to boost their liquidity. However their jobs are not even close to finished. TD Securities analysts Greg Barnes and Craig Hutchison studied the liquidity of base metal miners and located when prices remain low, liquidity will end up “extremely tight” for a lot of ...

BURNABY, B.C. C The federal government is vulnerable to lawsuits regardless of any recommendation the National Energy Board makes on Kinder Morgan Inc.’s Trans Mountain pipeline expansion project, Green Party leader Elizabeth May said Thursday. “It’s almost inevitable you will see lawsuits using this process,” May told reporters on the sidelines of the third day of NEB final hearings on ...

With its ambitious Keystone XL project rejected by U.S. President Barack Obama, TransCanada Corp. is pursuing more sensible developments in the U.S. Gulf Coast to make inroads in the oil refinery complex. TransCanada launches US$15B lawsuit against U.S. government for rejecting Keystone XL TransCanada Corp. said Wednesday it intends to file challenging under the North American Free Trade Agreement (NAFTA) ...