OTTAWA (Reuters) - The value of Canadian building permits jumped more than expected in December, driven by increased construction intentions for multi-family homes across much of the country, data from Statistics Canada showed on Monday.
National Bank says it will write off the $165million value of its investment in Maple Financial Group, which operates Maple Bank in Germany.
Miner Tahoe Resources Inc. said it would buy Canada's Lake Shore Gold Corp for about $751-million to add low-cost gold mines in Ontario to its portfolio.
The owner of PokerStars and other online gambling sites says several of its employees may be joining an effort to take the company private.
European shares plunged to 16-month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth.