Amazon.com Inc. is growing the minimum order size free of charge shipping to US$49 from US$35, one step that could encourage more customers to sign up for Prime, the online retailer’s annual service which includes two-day deliveries. The benefit of getting good people to subscribe to Prime services -for US$99 a year – is that they have a tendency to ...
Read More »‘If the TSE went dark, would it really matter?’: What the future holds for Canada’s stock exchanges
As many as 38 of the 240 companies on the S&P/TSX composite index – the preeminent benchmark tracking the performance of Canada’s largest companies – were trading below $5 this week. In short, up to 15.8 percent of the country’s dominant index, an essential indication of the country’s economic might, could be considered anything stock of all major U.S. exchanges, ...
Read More »Not enough reporting, analysis of oilsands environmental data, scientists say
CALGARY C The Alberta and federal governments have collected vast amount of data on air and water quality in the oilsands, but have regularly failed to analyze, interpret and report on that data. A study released Monday criticized the Joint Oil Sands Monitoring initiative, a team effort by environmental agencies in Ottawa and Edmonton, since the partnership has yet to ...
Read More »Toronto-Dominion Bank CEO Bharat Masrani paid $9.38 million in first year as top executive
Toronto-Dominion Bank paid Bharat Masrani $9.38 million for fiscal 2015, his first year as chief executive officer of Canada’s largest lender. Masrani, 59, received $1 million in salary, $4.22 million in share-based awards and $2.08 million of option awards as well as $1.7 million in incentive pay and $383,692 in other compensation, the Toronto-based bank said Tuesday inside a regulatory ...
Read More »Suncor Energy Inc gets enough support to close its Canadian Oil Sands Ltd acquisition
CALGARY C After months of urging Canadian Oil Sands Ltd. shareholders to tender their shares, Suncor Energy Inc. now has enough support to close its hostile-turned-friendly takeover. Suncor, the largest integrated oil company in Canada, announced Monday night it has the support of 82.4 percent of COS’s shareholders, which a unique meeting could be held on March 21 to close ...
Read More »Worst of loonie’s depreciation may be over, economists say
The loonie’s worst collapse from the U.S. dollar in its history might be in the rearview mirror as a most of economists now begin to see the currency staying at current levels or more after the year. 'This market is really a volatile business': May be the recent TSX rally the calm before the storm? Investors in Canadian equities have ...
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