Tiff Macklem, senior deputy governor of the Bank of Canada, is stepping down from his post in May to join the University of Toronto's Rotman School of Management as its new dean.
Financial results from a trio of Canada's biggest banks were in line with Bay Street expectations but nonetheless disappointed investors on Thursday.
The cost for the 50,000-barrel-aday Sturgeon upgrader and refinery project backed by the Alberta government has ballooned by almost 50 per cent and the startup date delayed a year.
Canadian banks continue to report solid core earnings, but investors are clearly worried about future profit potential. Although many Big Six bottom lines shrank in the final fiscal quarter from the third quarter, when record profits were the norm, many banks still ...
Saskatchewan's premier is urging Potash Corp. to "revisit� its dividend policy to save jobs, complaining it �sacrificed� employees while protecting its shareholders.