Royal Dutch Shell Plc said hello depleted its gas and oil reserves much faster than it replenished all of them with new resources in 2015, its worst performance since an accounting scandal that engulfed the organization 12 years back. Shell said its reserves replacement ratio – the proportion of oil and gas production in the past year that was offset ...

Canadian companies are wanting to make deals and international businesses are looking to purchase in a low-loonie environment, but don’t expect that to create a wave of acquisitions this season. A decline in excess of 30 per cent in the exchange rate from the Canadian dollar from the greenback makes it less expensive for American firms to scoop up their northern ...

OTTAWA ? The Canadian government is pushing for changes in the dual-class share structure of embattled aircraft manufacturer Bombardier Inc. in return for possible financial aid, officials acquainted with the plans said. Prime Minister Justin Trudeau’s government, which is reviewing a request by Bombardier to assist fund the development of its C Series jet, is concerned about the company’s corporate ...

The bass thump of the dance tune pounds through La Socit, a restaurant of Toronto nightclub king Charles Khabouth, who inside a flourish of kitsch has recreated a 19th century Paris bistro, complete with stained glass ceiling, dark wood, white tile floors and art nouveau dcor, in a 1960s poured concrete building. Two women confer inside a corner booth. Younger ...

Oil tycoon T. Boone Pickens, who made and lost fortunes targeting some of the largest U.S. explorers over the past 40 years, has cashed out because the worst crude market downturn in decades drags on. Pickens who has sold all his oil holdings and is waiting for the best moment to get back in, he said Thursday within an interview ...

Many hands happen to be wrung in recent years about the countless Canadians who choose to save money by flying out of U.S. border airports. Senate committees happen to be struck to examine the problem, while stakeholders point fingers at each other over who’s to blame. As it happens the solution was breathtakingly simple: a lesser loonie. Don’t let the low loonie clip ...

Airlines in Canada and round the world are using discounted airfares to stimulate demand, trading fuller planes for lower yields as the economy weakens. Air Canada and WestJet Airlines Ltd. reported strong load factors in January, with both airlines filling 80.1 percent of their available seat capacity recently. But strong load factors don’t necessarily mean a powerful bottom line when ...

If nothing else, opinion on extending the idea of flow-through shares to the technology/bio-technology sector – a theme that was the subject of a current column – is mixed. Here would be the comments in one reader who likes the concept that, if implemented provides capital to companies and tax breaks to investors C with the hope being that the ...