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OTTAWA – Demand for condominiums is soaring in big cities like Toronto and Vancouver, prompting some analysts to worry about a potential bubble. Simultaneously, crude-producing provinces like Alberta are in a slump. Millionaire boomers decamp Vancouver pocketing housing windfalls as city becomes a ‘commodity’ The West Coast’s retirees are cashing out as an influx of foreign demand pushes up housing ...

A blue-chip roster of Canadian corporate directors and investors has crafted a roadmap laying out how boards should build relationships their investors before unhappiness with the way a clients are being run leads to confrontation. Against a backdrop of rising investor activism and proxy battles, the Institute of Corporate Directors is presenting six key recommendations Tuesday in a paper compiled by an ICD ...

In the name of the environment, governments across Canada are effectively blocking pipeline infrastructure, coal production, fracking, LNG plants and more, through endless process requirements or outright bans. Much of these regulatory restrictions limit manufacture of natural resources with significant regional income losses specifically for British Columbia, Alberta, Saskatchewan and 2 Atlantic provinces. But why stop at reining in upstream ...

If Andrew Kriegler, president and ceo from the Investment Industry Regulatory Organization of Canada, has his way, Ontario will be the next province, after Alberta and Quebec, to give its regulators the power to gather fines levied on rule breakers once they leave an investment industry. In an exhibition to the province’s standing committee on finance and economic affairs last ...

Like several Canadian lawyers, Stikeman Elliott LLP holds a variety of seminars on mining law throughout the PDAC convention. Stikeman’s collection of rapid-fire, “7-minute mining” seminars on Monday morning included a short presentation around the status of flow-through shares. A company ordinarily writes off its very own business expenses. Junior exploration information mill risky ventures which are likely years away ...

OTTAWA – The pace of housing starts in Canada for February acquired, boosted with a jump in multiple-unit homes for example condominiums, apartments and townhouses. Canada Mortgage and Housing Corp. says the seasonally adjusted annual pace for housing starts in February increased to 212,594 units, up from 165,071 in January. Economists had expected an annual pace of 180,000, based on ...

Mining has for a long time served because the anchor of Canada’s junior stock exchange, the TSX Venture Exchange. Lundin's leap of faith in huge Ecuador gold mine paying off as country turns a corner But as pretty much everyone knows, this isn’t the best time for you to be a junior miner looking for exploration capital. Small wonder, then, ...

Bank of Montreal awarded Chief Executive Officer William Downe $10.Two million in compensation for fiscal 2015, a couple.1 percent increase from the year earlier. Downe, 63, received $1.88 million in salary, $8.27 million in shares, stock options and incentives, plus $16,625 in other compensation for that year ended Oct. 31, the Toronto-based lender said Tuesday in a regulatory filing. He ...