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.
... - Christina Haddad is the Regional Vice-President, Ontario at Canada Mortgage and Housing Corporation. For inquiries call 416-218-3362 or e-mail obc_communications_and_marketing@cmhc.
TORONTO (Reuters) - Canada's main stock index dipped on Friday, with heavyweight banks tipping the scales to the downside amid broad pessimism about domestic economic growth and the uncertain outlook for industries tied to energy.
Canada is second only to the U.S. in levels of entrepreneurial activity, beating most G7 countries and much of the developed world.
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.