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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) ...

A number of investment advisers who’re set to maneuver to a different employer may be developing a record of having been bought and sold the most number of occasions. The advisers in question are moving to Euro-Pacific Canada as a result of the sale of Dundee Goodman Private Wealth by Dundee Securities. In all, 78 investment advisers – and about ...

HALIFAX — Ikea has announced plans to build a full-size store within the Halifax area, the first of 12 new stores the Scandinavian furniture chain will unveil across Canada within the next decade. Ikea to double stores in Canada even while website sales soar Ikea Canada will double its store count over the next Ten years, a bold proof of ...

Canada’s December inflation rate was the fastest in a year, led by double-digit gains for fruit and veggies along with a reduced drag from gasoline prices. The consumer price index rose 1.6 per cent in December from a year ago following a rate of just one.4 percent the last month, Statistics Canada said Friday from Ottawa. The core rate that ...