Months of simmering tensions over a nearly $170-million debt owed by Peguis First Nation to failed lender Bridging Finance Inc. have boiled over, with critics in the community accusing the […]
Author: Consultant
The French are up in arms over retiring at 64. How do other countries compare?
LondonCNN — A nationwide strike in France to protest a rise in the retirement age drew more than a million people onto the streets on Thursday before ending in violent clashes with police in Paris […]
Putin says Russia will station tactical nuclear weapons in Belarus as warning to west
Russian President Vladimir Putin on Saturday said the country planned to station tactical nuclear weapons in Belarus in retaliation for the U.K.’s decision to provide Ukraine with armor-piercing rounds containing depleted uranium. Russia […]
CIBC insiders buy as bank shares retreat
As of March 20, five of the six big Canadian banks had seen net insider accumulation over the past month through either public market buying or derivative exercises. The one […]
Budget 2023: Canada’s indefensible military spending
There are any number of items you could include on a list of Canada’s defence spending failures.There’s the fact the Canadian Armed Forces has a chronic recruitment problem that has […]
Bombardier boosts financial targets, sees revenue topping US$9-billion by 2025
Canadian luxury jet maker Bombardier Inc. BBD-B-T +6.42%increase is boosting its financial targets as it sets a new course towards consistent profitability after years of strife.The Montreal-based manufacturer said Thursday a five-year turnaround […]
Bank of England poised for rate hike following inflation shock
LondonCNN — The Bank of England is expected to hike rates by a quarter of a percentage point Thursday following an unexpected jump in inflation.UK consumer prices surged by 10.4% in February compared with a year […]
Mar 23 Morning Update: Federal budget will prioritize clean electricity in face of U.S. competition
The federal government is set to carve out a bigger role for itself in electricity policy – an area of mostly provincial responsibility, but one that Ottawa has identified as […]
U.S. crude stocks rose unexpectedly last week, fuel inventories fell: EIA
U.S. crude oil stockpiles rose unexpectedly last week to their highest in nearly two years, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday.Crude inventories rose […]