This is really a Benjamin Button oil market. Reliving its twenties already, it now faces the decidedly awkward prospect of heading back into its teens. U.S. crude climbed above $27 in New York after touching $26.13.?The energy minister in the United Arab Emirates said OPEC may cooperate to curb output, according to the WSJ. U.S. oil prices fell for a ...

A day after announcing a share sale to fund purchasing precious-metals output from Glencore Plc, Franco-Nevada Corp. increased the size of the financing by 45 percent, citing “strong demand.” The so-called “bought deal” will raise at least US$800 million with the sale of 16.7 million Franco-Nevada shares for US$47.85 each, the Toronto-based company said inside a statement. On Wednesday it had expected to ...

Gold has returned in vogue as investors seek out a secure haven amid growing global volatility. The real question is whether this gold rally may have legs, or whether or not this will fizzle out like numerous others over the past couple of years. The precious metal is incorporated in the midst of the tremendous upward move, jumping 18 percent ...

A piece of credit history will be made next month when RioCan Real Estate Investment Trust redeems a problem of cumulative rate reset preferred trust units. When occurring C and holders receive the return of the original $125 million investment as well as the payment from the quarterly distribution C you will see another REIT with preferred trust units as ...

FCA Canada’s $3.7-billion overhaul of its Windsor, Ont., minivan plant has created 1,200 new jobs, a sign that Canada will have a huge role in Fiat Chrysler NV’s future as it restructures its operations. The company revealed its new Pacifica minivan, built in Windsor, to a Canadian audience for the first time Thursday at the Canadian International Auto Show in ...

Canada could be among a handful of countries to consider negative rates of interest within the next 2 yrs as the European policy experiment gains popularity, says a brand new report from Citigroup. The Bank of Japan earlier this year had become the fifth central bank to visit negative, which means it charges banking institutions to deposit money with it. ...

Quebec’s “autocratic” charge of maple syrup makers, a reign of terror which relies on bailiffs, security guards and also the courts, is crippling the province’s most celebrated export, and the province needs to abandon its maple syrup quotas, says a brand new report. How a maple syrup rebellion is rising in Quebec Fighting to have their syrup from the hands ...

WINNIPEG – Canada, the United States and Mexico have agreed to share information, maps and clean-energy innovations – one step toward a continental energy strategy that would include lower emissions and greater energy security. Energy ministers from the three countries met for any day in Winnipeg and said they are making progress toward greater co-operation. U.S. Secretary of Energy Ernest ...