Canadian Pm Justin Trudeau is urging global leaders to rely more on government spending and fewer on monetary policy to spur growth because he prepares a budget which will push his country into deficit. Philip Cross: How profligate borrowing became Canada’s national pastime Total borrowing in Canada across all categories increased by $77.9 billion this past year, more than the $71.6 ...

Royal Bank of Canada has postponed a trader day that planned to discuss the recent purchase of Los Angeles-based City National Bank, following a death of the U.S. private and commercial bank’s chairman emeritus and board member Bram Goldsmith. Goldsmith, who was 93, died on Sunday. He’d served as chief executive of City National from 1975 to 1995. Royal Bank ...

Western Australia is the best mining jurisdiction in the world, while Saskatchewan is a close second. That is the conclusion of Canada’s Fraser Institute, which is released its annual Survey of Mining Companies on Tuesday. The survey, which collects feedback from countless mining professionals, tries to measure how resource potential and government policy affect mining purchase of 109 countries. Not ...

John Thornton looks on Barrick Gold Corp. like a patient finally ready for discharge from hospital and going to abandon the fast living that landed it there. Barrick Gold Corp has returned on top as Canada’s best-performing stock and also the world’s most valuable gold company Barrick Gold Corp. has surged to become Canada’s best-performing stock like a two-month rally ...

In early February, the Canadian Federation of scholars (CFS) released a research document. It determined, towards the surprise of nobody, that it’s within the public’s interest for the authorities at hand students billions of dollars more each year. One demand is a doubling in funding for that Youth Employment Strategy, which would cost $330 million per year. (When the CFS’s ...

OTTAWA – The financial institution of Canada is issuing a warning about email and social media scams which are claiming in the future from the bank. Canada’s central bank says the scams are utilizing its logos and letterhead without authorization and misrepresenting it. The Bank of Canada says it does not accept deposits from individuals or on behalf of them, ...

Electric car sales are starting to obtain traction. Analytically, the numbers are showing growth. However, you have no need for a spreadsheet to determine the popularity. Cars built by Tesla, BMW yet others are turning heads at street corners C and turning investor sentiment too. So, Arthur’s question was unsurprising. And it was exactly the same question that is simmering ...

Hunter Harrison, the veteran leader of Canadian Pacific Railway Ltd., made $19.9 million in 2015 – a six per cent increase even as the business’s stock price fell 22 per cent. CP said the increase in Harrison’s total compensation was due to the fact that he’s paid in U.S. dollars. If the exchange rate had held steady from 2014, his ...