One day after we mused whether Barclays Canada could make it three deals in 72 hours – we posed that as a question or even a challenge – we are able to are convinced that the firm, one of British-based Barclays Bank, reached that goal. But it had been close: it came following the markets closed. Indeed its third offer three ...

OTTAWA — Canada’s new Liberal government is placed to unveil its first budget in the week of March 21, two sources with knowledge of the procedure said on Tuesday. The budget, that the Liberals have pledged will include major new spending targeted at boosting a flagging economy, is probably to become presented to Parliament on Monday, March 21 or Tuesday, ...

Maureen Jensen’s nomination to the top job at the Ontario Securities Commission is proven, sources say. Jensen, the first woman to lead Canada’s largest capital markets regulator, will hold the positions of chair and chief executive for a two-year term, effective immediately. “I’m delighted to discover Maureen Jensen is proven,” Charles Sousa, Ontario’s minister of finance, said inside a statement ...

TORONTO – Hudson’s Bay Co. could be bulking up even further. Would Hudson’s Bay Co’s US$250-million Gilt trip be well worth the price? Reports that Hudson’s Bay Co. is looking to buy online “flash-sale” retailer Gilt.com for US$250 million had some in the market questioning why the Toronto mall chain may wish to acquire a Web retailer whose estimated value ...

As federal and provincial politicians pat themselves on the back for his or her climate change ‘leadership,’ and pipeline opponents gloat about stalling construction of recent Canadian pipelines, tanker-loads of foreign oil are delivered regularly to Eastern Canadian refineries, including increasing volumes from Saudi Arabia. What rising tensions between OPEC kingpin Saudi Arabia and Iran may mean for oil prices ...

CALGARY – To survive the prolonged downturn in oilfield activity, many energy service information mill poised to cut their dividends to zero. “Despite two-thirds of our coverage universe having already made sizable dividend cuts in the last year, we feel more are on the horizon within the coming quarters,” CIBC World Markets analyst Jon Morrison said inside a research note. ...

Canadian public policy happens to be obtaining a dose of “sunny ways.” What it really needs are “Aussie ways.” Could it be being inverted all the time that makes Australians so clear-headed about economic reform? According to a report now from the Montreal Economic Institute, a couple of Australian cities coping the Uber “problem” – only in Canada is an ...

Dieter Jentsch, head of international banking at Bank of Quebec, takes over as group head of global banking and markets at Canada’s third-largest bank when longtime executive Mike Durland retires. The transition will require place over the next few months, Scotia said in a statement Wednesday. Ignacio “Nacho” Deschamps, a global banking executive who is currently strategic adviser to Scotia ...