TORONTO – The CPP Investment Board along with a partner are jointly buying six seniors housing properties in Florida for US$555 million. The Toronto-based retirement fund manager will own 45 per cent of a new partnership which will buy the Aston Gardens properties, which have as many as 1,930 rental units in low-rise buildings in several communities throughout Florida. The ...

TORONTO ? Canadian Tire Corp. didn’t sell nearly as many winter tires, snowboards or tuques as it normally would in the fourth quarter of 2015, because of an uncharacteristically warm winter. But the retailer’s ability to squeeze out a rise in profits, margins and some divisional same-store sales nonetheless impressed analysts Thursday, who complimented executives on the business call for ...

Alberta Premier Rachel Notley’s blacklist of journalists she doesn’t like has been suspended when confronted with national condemnation. However it may return: Notley has asked a retired newspaper editor to create recommendations about “the government’s media policies.”  In Canada though, governments don’t have media policies. The only real accreditation necessary is found in the Charter of Rights with its guarantee ...

Another voice was added to their email list requesting /demanding the board of TSX-Venture listed Pivot Technologies Solutions does something to enhance shareholder value and seek a better offer for that company that designs, sells, integrates and supports IT solutions The company has agreed C subject to a shareholder vote C to a proposal in which the shareholders, other than ...

Equitable Bank has already established to add staff to the account opening operations and call centre after being overwhelmed with people trying to make the most of a new checking account that pays three per cent interest. Equitable Bank is creating a splash using its 3% rate of interest – here’s the way they do it High-interest savings accounts are one ...

Cenovus Energy Inc. and Encana Corp. had their debt ratings lowered to junk by Moody’s Investors Service like a prolonged crude-price rout saps cash flows. Moody’s cut the ratings of senior unsecured notes for both Canadian producers three steps to Ba2, or two levels below investment grade, from Baa2, based on separate statements Thursday. It also reaffirmed the Baa2 rating ...

Hundreds of maple syrup producers braved snow and freezing rain in Quebec City to march on the National Assembly in protest against a brand new government are convinced that they say, if implemented, “will ruin” their iconic industry. The federation of Quebec maple syrup producers and it is parent organization, the Union des producteurs agricole (Quebec’s farmers’ union) paid for ...

At the planet Government Summit locked in Dubai, breathtaking technology were on everyone’s lips: life extension, 3 D printed body parts, humanoid robots, the UAE’s 2020 pursuit to Mars, “gecko” grips that allow you to climb up the side of buildings, and even sensors inside your brain that enable you to contact others just with your thoughts. But probably the ...