Valeant Pharmaceuticals International Inc. is under investigation through the U.S. Filing in a previously undisclosed probe, the organization said on Monday, capping a tumultuous 24-hour period that saw the firm announce the return of its CEO and also the cancellation of an earnings announcement. The SEC probe is outside of an existing investigation right into a company purchased by Valeant ...

OTTAWA – Now that Canada and the European Union have “scrubbed” the legal text of the long-promised free-trade agreement, governments on both sides of the Atlantic are starting to place a shine around the deal as it heads to ratification and signing later this year. The Comprehensive Economic and Trade Agreement, or CETA, still isn’t prone to become law until ...

OTTAWA – The federal government says the legal overview of Canada’s free trade deal with the European Union has been completed – and also the door is open for that pact to come into force next year. An agreement in principle was reached around the comprehensive deal, known as CETA, in October 2013. Negotiations between Canada and also the 28-member ...

TORONTO – An increase in food prices has widened the cost divide between Canada’s supermarkets as well as their discount divisions – an issue that could play out in Loblaw Cos.’ favour. “Looking at identical items, the discount channel doesn’t have the symptoms of increased shelf prices to the significant degree, as the conventional channel has significantly increased shelf prices,” ...

Saskatchewan Premier Brad Wall says a Liberal idea to tax carbon might cost the Saskatchewan economy more than $1 billion annually. Wall told reporters Monday he “will not be signing” any carbon tax agreement using the federal or any other provincial governments once the premiers meet with Prime Minister Justin Trudeau in a few days. “The very last thing we ...

The two Canadian investment banks that acted as financial advisers in Corus’ $2.65-billion purchase of Shaw Media have taken opposite approaches to how their research desks have covered the proposed transaction, that has been opposed by a minumum of one Corus minority investor. Catalyst’s opposition to Corus-Shaw Media deal questioned by investors, analysts The motives fuelling a minority shareholder’s make an effort to ...

Lending Loop, a Canadian fintech firm which was extending U.S.-style peer-to-peer crowdsourced loans to small businesses, has stopped posting new loan requests on its website although it meets regulators to ensure its model “complies with all of applicable laws.”  A notice to that effect was posted around the company’s website Tuesday.  The halt within the posting of recent applications through the ...

Home Capital Group Inc. leader Gerald Soloway is stepping down after almost 3 decades at the helm from the mortgage lender. He will hand the reins to company president Martin K. Reid in the company’s annual meeting on May 11. Soloway will remain a director of Home Capital and subsidiaries Home Trust and CFF Bank. “The Board want to thank ...