Canada

Bank of Canada governor showed disappointment as to economic performance

Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.

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Canada blocks acquisition of fiber optic network by Sawiris controlled corporation

Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.

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GM Nova Scotia's noteholders hit the jackpot

The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.

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Canadian discount retailer Giant Tiger eyes exit - sources

According to sources, Giant Tiger Stores had been exploring the option to exit the company through a sale that could fetch USD800 million.

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Canada moves towards unified securities regulator

The Canadian federal government together with two of the largest provinces are working towards a common securities regulator.

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The Thickwood Project obtains approval from governmental authority

Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator.

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GM and union agree to terms in Canada plant

The Unifor union and GM Co. was able to meet and agree on the new collective bargain agreement.

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Shoppers Drug Mart sharheolders vote in favor of Loblaw bid

Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.

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BlackBerry to lobby Canadian Government over foreign-takeover rule

BlackBerry Ltd. was scheduled to meet with Canadian lawmakers to discuss the Investment Canada Act as investor concerns increased that a domestic buyout of the struggling company would no longer be possible.

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Canada sells portion of its GM stake

The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.

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Canadian government carefully watching BlackBerry, wishes smartphone maker well

Industry Minister James Moore stated the Canadian government has been carefully watching BlackBerry as the smartphone maker weighs its options.

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BHP delays USD14 billion Canada potash push after profit drops

BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.

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Venture capital tycoon Prem Watsa emerges as BlackBerry's foremost bidder

Venture capital tycoon Prem Watsa quit from BlackBerry board and was expected to outline BlackBerry's stock market exit.

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Persistence Capital Partners sees investments in Canadian healthcare industry paying off

Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.

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Kabe Exploration invests on joint venture with IEP

Kabe Exploration announced today that it will invest in its joint venture partner International Equity Partners Oil and Gas Inc.

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