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Financial Advisor

ECB chief Mario Draghi says bank ‘will not hesitate to act’ in March if market turmoil continues

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BRUSSELS/FRANKFURT — The ecu Central Bank is ready to ease policy in March when the recent financial market turmoil or even the long-term impact of low energy prices threatens to help keep inflation persistently low, its president Mario Draghi said on Monday. Having trouble dealing with all of this market turmoil? Feel free to embrace your inner ostrich All this ...

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Canadian Energy Pipeline Association seeking grassroots support from first responders

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MONTREAL –  As politicians coast to coast engage in a war of words within the safety of TransCanada Corp.’s Energy East pipeline, Canada’s pipeline industry association is working to build confidence within an unlikely place: those who is going to be first in this area if anything goes wrong. Across the nation, the Canadian Energy Pipeline Association is holding meetings ...

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‘It’s a mess:’ Oil crash creating graveyard of wells abandoned on Albertans’ land

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Decades before Tony Bruder was ranching in southern Alberta, natural gas wells dotted the rolling landscape. ‘I’m done’: Alberta’s laid-off oil workers forced to abandon industry in worst downturn they’ve ever seen Alberta lost 19,600 jobs last year – the most since 1982 and many industry veterans are deciding they are able to no longer go ahead and take boom ...

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Women on boards: Searchable database shows you how many women sit on boards of TSX-listed companies

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With the confirmation of Maureen Jensen as the new chair and leader from the Ontario Securities Commission, companies and investors can expect the problem of women on boards to remain the main thing on the OSC’s agenda. Jensen was nominated recently to exchange former OSC chair Howard Wetston by Ontario Finance Minister Charles Sousa. At the time, Sousa singled out ...

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Bombardier Inc’s aircraft orders likely fell short in fourth quarter, analysts say

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Bombardier Inc.’s fourth-quarter answers are unlikely to provide much comfort to investors still hanging on after the shares’ plunge into penny-stock territory recently. Bombardier’s biggest gamble: How everything went so wrong with the CSeries dream The story of the CSeries is among bad luck, bad timing and questionable decisions that conspired to leave the Canadian plane maker in the precarious ...

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Infrastructure banker Jim Tower to lead and build out Raymond James’s renewable energy and utilities group

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One from the veterans around the globe of infrastructure includes a new house. Jim Tower, the previous managing director, group head of power and utilities at BMO Capital Markets has become with Raymond James Ltd., the local arm of Tampa-based publicly listed Raymond James Financial. At his new firm, Tower, who spent more than two decades at BMO before leaving ...

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William Watson: The bill we’ll all pay for Bombardier’s latest bailout

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News reports say the us government is getting to crunch time on whether to lend or give C which is not clear yet C $1 billion to Bombardier Inc., that is having trouble selling its new C-series aircraft. This would be the latest in a long line of federal cheques for the company. If $1 billion is too big several to obtain your mind ...

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Toronto, Vancouver at risk of correction, TD warns, after January home sales and prices surge

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TORONTO – Surging sales in the piping hot areas of Toronto and Vancouver last month prompted certainly one of Canada’s big banks to express concerns Tuesday the cities might be vulnerable to a house price correction. The Canadian Real Estate Association reported Tuesday that sales of existing homes rose by eight per cent in January compared to a last year, ...

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