As the 2016 presidential race starts to heat up it’s time to take a look at the rest of the serious candidates and just what each one of these might mean for energy policies and companies in the U.S. While a great deal can occur within the next couple of months, the current leaders for the Republican Party are Mr ...

The second week of February 2016 continues to be very rewarding for Barclays Capital Canada, one of Barclays Bank plc. On Tuesday, the day Fortis announced it had decided to offer US$6.9 billion to acquire U.S. power transmission company ITC Holdings Corp., tucked away towards the bottom from the release was that Barclays, together with Morgan Stanley, advised the seller. ...

Financial markets have been flashing a lot of warning signs in the past month that have spooked investors and led to a flight ticket from risk for much of this year, drawing parallels to the economic crisis of 2008. Like that year, banks would be the big focus, with investors now selling off U.S. and European banks around credit fears.  ...

Like Canada’s big banks, lending institutions are starting to embrace ‘fintech’ – financial technology – to protect key consumer and lending businesses from upstart online challengers which use a combination of data and technology to entice customers. British Columbia’s First West Bank and Vancouver-based Grow announced Wednesday they’ve formed a partnership targeting B.C. residents. , Northern Bank, located in Sault ...

Canada is going to be among the hardest hit nations within the planet if oil remains below US$50 for the next five years, barely eking out one per cent growth annually, economists say. “In a world of ultra-low oil prices, Canada’s growth model must change,” said Emanuella Enenajor, senior United states economist for Bank of the usa Merrill Lynch. “But ...

OTTAWA – Amid hopes that Canadian manufacturing will drive economic development in a country reeling from low oil prices, internal federal documents warn the sector’s rebirth is staring at “significant” structural obstacles. In a recent memo addressed to Economic Development Minister Navdeep Bains, advisers indicate industry hurdles which include low productivity, poor innovation, a failure to scale up and weak ...

With each new subsidy, tax incentive, or project, we’re told some quantity of jobs follows. No doubt you’ve seen the headlines. The Trans Mountain Pipeline can create 3,300 permanent jobs and East can create over 4,250. Bombardier, which is looking for government financial support, claims responsibility for 64,800. The numbers aren’t pulled from nothing, they are available from what exactly ...

Real-estate investment company Sun Real estate just closed a share-sale deal to buy two low-rise apartment buildings in Vancouver’s West End. Located at 1075 Nelson and 1059 Nelson, they’re assessed at $16 million and sold for about $60 million, according to real estate sources. The deal may be the latest by Sun, an aggressive new speculator within the Greater Vancouver ...