Canada’s so-called “second-hand economy,” typified by sales of goods on consumer websites for example Kijiji and Craigslist, may be worth $28 billion, according to a new report. “Canadians granted a second life to 24.9 million more products this year over this past year, for a total of just one.85 billion objects,” according to the annual Kijiji Second-Hand Economy Index published ...

OTTAWA – It’s safe to say many Canadians were glad to see the back of 2015. There was a mini-recession, fuelled with a caving oil sector and pushed deeper by weak business investment, along with sagging exports and an equally worrying decline in imports – all resulting in aggressive cuts in the country’s long-stagnant key lending rate. That also kept ...

Canadian mining companies are putting together an excellent winning streak in international arbitration cases against foreign governments. But their record of collecting on those awards is much more mixed. Late a week ago, a tiny firm called Gold Reserve Inc. shocked many onlookers by reaching a potentially favourable settlement with the Venezuelan government, so it has been battling in the ...

The Canadian economy, left for dead just a few short months ago, has come back again – if barely. How reckless, excessive borrowing became Canada's national pastime Philip Cross: Total borrowing in Canada across all categories increased by $77.9 billion last year, a lot more than the $71.6 billion additional load we took on throughout the 2009 recession Read more ...

In two months the recently published amendments towards the country’s take-over bid regime will require effect. For some observers the important thing changes C the 105-day minimum deposit period, the minimum target condition and the mandatory 10-day extension – strike a balance between your 120-day original proposal and comments received by the regulators. A recent report prepared by Stikeman Elliott said ...

CSX Corp. jumped as much as 8 percent following the close of trading in New York, following a are convinced that Canadian Pacific Railway Ltd. approached the U.S. railroad about a takeover in January and was rebuffed. Shares rose to US$25.60 in the latest trade at 6:22 p.m. in New York after climbing as high as US$26.60, up in the ...

Canada’s big banks wrapped up the very first quarter of the fiscal year with increased profits and widely expected dividend hikes. However the early impact of the oil rut was evident, with an increase of provisioning and reports of accelerating charge card and loan delinquencies within the hardest hit provinces, primarily in Western Canada. Scotiabank hikes dividend as profit rises, ...

MONTREAL – Imperial Tobacco has launched a legitimate challenge of song of Quebec’s tobacco-control law and it is asking the court to strike them recorded on constitutional grounds. The company has filed an application for judicial review with Quebec Superior Court, saying various elements of the legislation are punitive. In its court action, dated last Friday, Imperial argues a section ...