TORONTO – After nearly a decade-long legal battle, roughly 1,600 individuals who say they were necessary for Scotiabank to work unpaid overtime will quickly be splitting a $20.Six million settlement. Judge Edward Belobaba of the Ontario Superior Court approved funds within the class-action lawsuit from the bank Thursday, with written good reasons to follow within the coming weeks. The suit ...

The horse-trading over oil pipelines appears to be moving to a different level with British Columbia Premier Christy Clark searching for a $1 billion federal handout to upgrade B.C. Hydro lines therefore it can bolster electricity exports to Alberta. Kevin Libin: B.C. has little ammo to take shots at Alberta The throne speech excoriated Alberta for losing control of spending ...

OTTAWA – Last week, International Trade Minister Chrystia Freeland declared mission accomplished in Canada’s efforts to close an all-encompassing cope with its European partners.  But it’s now increasingly entirely possible that Britain, our biggest customer in the biggest trading region of the world, might soon not be part of that agreement.  There’s every chance that citizens of the United Kingdom ...

It won’t take as long as the U.S. presidential election, but the battle for the hearts and minds of shareholders of Taseko Mines, underway for 2 months, has 8 weeks to operate before the final showdown on May 10. And halfway through, Chicago-based shareholder Raging River Capital – that is leading the charge to have its four director nominees elected, ...

When De Beers halted its Snap Lake mine within the Northwest Territories in December and let go 600 people, it sent some shockwaves through the region. It had been not a secret the mine had major problems, but De Beers spent a lot cash on it that many people didn’t think the company would actually quit. “It was forever in ...

CALGARY C Companies are wiggling from money-losing contracts to purchase electricity from coal-fired power plants in Alberta as a result of the province’s new climate change policies, leaving a provincial agency to honour the agreements. TransCanada Corp., a business most widely known for building pipelines but that also includes a power business, cited a recent alternation in Alberta’s climate laws ...

A good flow of “shell” companies with little cash, assets or business plans marched onto public markets in 2014 and early last year. Now, under pressure from regulators, the Canadian Securities Exchange is taking significant steps to tighten that access. An overhaul of the CSE’s listing requirements is in progress, caused by negotiations with regulators, primarily in the Ontario Securities ...

The uranium market has been around a five-year bear market that shows no signs of recovery, in part because utilities are betting prices will stay low and therefore are in no hurry to secure future supply. Dev Randhawa, chief executive of Fission Uranium Corp., said they need to start buying in big amounts within the next three years to have ...