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TORONTO – Unsolicited takeover bids for Canadian companies must seek at least 50 per cent of the target company’s stock and remain open for at least 105 days, according to new rules that will take effect in May. Canadian Securities Administrators, the umbrella group that coordinates policy among Canada’s 13 provincial and territorial securities regulators, published the brand new rules ...

Trying to determine the reason why behind the dramatic stock price moves of Enbridge Inc. in the last couple of weeks is an exercise that will tax the sharpest of minds. And when some of those sharps minds are prepared to engage in conspiracy theories the problem becomes even more intriguing. What all participants are attempting to understand are the ...

It’s merely a small step but there’s finally what’s promising out of Dundee Corp., the holding company that has interests inside a slew of industries including investment advisory, corporate finance, energy, resources, property and infrastructure. The great news: a good investment Dundee made in a recently formed unit more than four years back seems set to visit public using a ...

OTTAWA – Divergence in United states economies shows little manifestation of narrowing.   While the U.S. economy performed much better than expected in the final quarter of 2015, Canada’s output likely slowed due to the ongoing drag from low oil prices and weak business investment. On Friday, revised U.S. data showed that country still performed much better than expected in the ...

Goldcorp Inc. slashed its dividend and lowered its production guidance for the following 3 years on Thursday as the company tries to maintain a strong balance sheet and faces unexpected problems in an Ontario project. The stock dropped 13 per cent on Friday in reaction towards the news, closing at $18.73 in Toronto. It had been the worst performer among ...

WINNIPEG/CALGARY – Canadian farmers are cashing in around the highest vegetable prices in years, helped through the country’s weak currency and soaring costs of U.S. imports which have renedered them unexpected winners inside a bearish commodity world. Pricey vegetables sending more consumers to freezer aisle: Metro CEO In the era of $10 cauliflower, food price inflation has been driving Canadians ...

HOUSTON ? Brian Ferguson was one of the oil executives in a global energy conference here listening intently now to Saudi oil minister Ali Al-Naimi’s warning to high-cost producers to exit the trade. But he remains unmoved. Good news, oilsands growth is unstoppable. Unhealthy news, it’s unstoppable Claudia Cattaneo: Canada will keep churning out more oil, a minimum of until ...

Towering bone-dry oil derricks, idled drilling rigs and rows of unused trucks line the commercial yards on the outskirts of Edmonton. In years past, these yards could be empty in February, which is prime here we are at crews of roughnecks and other workers to become in the oilfields of rural Alberta drilling for crude. People in the drilling industry ...