The Globe and Mail (subscription) - 22 minutes ago
Alberta's housing market is not yet feeling the full weight of low oil prices as the number of newly insured mortgages rose in the province during the first quarter of the year, Canada's federal housing agency reported.
Ben Nelms/BloombergScotiabank could spend as much as $2.5 billion on acquisitions without issuing stock, while maintaining is target capital cushion, according to analyst Peter Routledge and his associates.
Intel Corp. has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16-billion (U.S.) deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year.
Canadian stocks fell, extending a monthly loss, as data showed the biggest contraction in the nation's economy since 2009. Health-care stocks fell amid a 1.3 percent slide for Valeant Pharmaceuticals International Inc. Canadian Pacific Railway Ltd.