TD Bank reaches deal on mutual fund excess fees
Toronto-Dominion Bank has reached a tentative deal with the Ontario Securities Commission regarding alleged fee overpayments by clients for 14 years. The OSC will...
Walney Extension wind farm gets green light from UK government
The UK government has given the green light for the extension of the Walney offshore wind farm, already one of the largest in the...
Canada’s unemployment rate plunges to 6.5% in October from 6.8% in September
Canada’s unemployment rate in October fell to 6.5% from 6.8% in September, with private-sector employers hiring more as they prepare for growing demand from...
News Update 2: UK’s claim of 50% surcharge discount not true, say EU ministers
The UK’s surcharge of £1.7 billion will be halved to just £850 million, Britain’s Chancellor of the Exchequer announced on Friday after meeting with...
Why do Saskatchewan civil servants get sick so often?
Why do Saskatchewan provincial government civil servants take so many sick days, the Canadian Taxpayers Federation (CTF) is asking after releasing data on Thursday...
UK September trade deficit widened with rising oil imports
The UK’s September trade deficit grew more than analysts had expected, with weak export growth to the EU and higher oil imports, the Office...
Update: Qatar Investment Authority Songbird bid rejected
The Qatar Investment Authority along with Brookfield Property Partners L.P. made an offer to buy Songbird Estates, which was rejected on Friday. The Qatari...
CRTC bans 30-day notice to cancel cable, internet, or phone services
The CRTC has made it easier to cancel a cable subscription, by banning telecom companies from requiring customers to provide 30 days’ cancellation notice to...
Canadian Tire Corp. posts 22 percent boost in third quarter profit
Canadian Tire Corp. reported an impressive 22 percent increase in third quarter profit, mainly driven by strong sales across all of its banners stores.
The...
SNC-Lavalin cutting 4,000 jobs, downgrades earnings forecast
SNC-Lavalin Group Inc., Canada’s largest engineering and construction company, has announced it will be cutting 4,000 jobs as part of its restructuring plan to...