Amaya announced a $476-million deal Monday to sell its holdings in the Cadillac Jack casino game business as the PokerStars owner focuses on the lucrative online gaming business acquired last year.
Chris Roussakis / National PostBank Governor Stephen Poloz told the Financial Times that Bank still has many options in its tool kit to stimulate the economy, including keeping rates low for a long time.
About three-quarters of the billions in federal tax cuts and increases in benefits promised to Canadians this year will be offset by provincial tax hikes and cutbacks, the Bank of Montreal says.
Canada's main stock index climbed on Monday, supported by advances in the financial sector and a jump in Catamaran Corp after UnitedHealth Group Inc agreed to buy the pharmacy benefit manager.
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