Brookfield Infrastructure Partners LP BIP-UN-T -0.32%decrease is acquiring the world’s largest freight container player, Triton International Ltd., for US$4.7-billion in cash and shares, as the industry seeks to rebound from an inventory overhang […]
Author: Consultant
Trudeau Foundation to review China-linked donation
Donors Zhang Bin (second from left) and Niu Gensheng (third from right), are seen with Université de Montréal officials and Alexandre Trudeau, a member of the Pierre Elliott Trudeau Foundation […]
At midday: TSX rises on BoC holding rates, softer U.S. inflation
Canada’s main stock index rose on Wednesday after the Bank of Canada kept interest rates unchanged, while signs of cooling inflation in the U.S. boosted investor sentiment on hopes of […]
‘Rate cuts are likely before the year is out’: How investors and economists are reacting to today’s BoC policy decision
The Bank of Canada Wednesday left its key overnight interest rate on hold at 4.50% as expected and raised its growth forecast for this year, while keeping the door open to further […]
Investors who day trade inside TFSAs to face tax bills after ruling
A tax court judge’s ruling that an investor who was day trading stocks in his tax-free savings account must pay tax on the income opens the door to hefty tax […]
China begins second day of military drills; Taiwan say it’s monitoring missiles
China began a second day of drills around Taiwan on Sunday as the island’s defence ministry reported multiple air force sorties and said it was monitoring the movement of China’s […]
Why I’m buying Canadian banks when others are fearful
JOHN HEINZLSPECIAL TO THE GLOBE AND MAILPUBLISHED APRIL 7, 2023FOR SUBSCRIBERSAs Warren Buffett famously said, one of the secrets to investing success is “to be fearful when others are greedy and […]
Saudi Aramco to maintain crude supply to Asian refiners in May despite OPEC+ cuts, sources say
State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers despite its pledge to cut output by 500,000 barrels per day, […]
Bank of Canada expected to hold interest rates steady despite resilient economy
The Bank of Canada is expected to hold interest rates steady on Wednesday, weighing the resilience of the Canadian economy against stress in the global banking system as it waits for inflation […]