Canada economy

Exxon Plans To Get Out Of Retail Gas Station Business

Imperial Oil to sell Esso brand gas stations to Canadian distributors

Imperial Oil has entered into an agreement to sell its 497 Esso retail fuel stations for about C$2.8 billion. This transaction reflects the company's aim to widen its refining and oil sands businesses.

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Olympics Day 13 - Women's Football 3/4 Play Off - Match 25 - Canada v France

InstarAGF closes initial fundraising of C$372 million for new infrastructure fund

InstarAGF Asset Management announced the initial closure of its C$372 million fundraising for InstarAGF Essential Infrastructure Fund. The fund aims to purchase power, social and civil infrastructure assets and amenities with ecological downside protection.

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2012 CONCACAF Women's Olympic Qualifying - Canada v Mexico Semifinal

Foresters to acquire ACM and AFM from Proj Fox Acquisition

Foresters and Proj Fox Acquisition have signed a deal on February 29, 2016, whereby, Foresters will indirectly buy both Aegon Fund Management (AFM) and Aegon Capital Management (ACM).

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PepsiCo And NBA Announce Landmark Marketing Partnership

Global economic slowdown weakens economic recovery in the US: Indra Nooyi

According to Indra Nooyi, the ongoing global economic slowdown threatens economic recovery in the US. The oil market combined with political turmoil creates an economic pressure in the nation.

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Steady Decline Of Oil Prices Take Toll On Oil Sands Dependent Economy In Fort McMurray, Canada

Alberta's economy continues to shrink over uncertainty in oil market

The economy in Alberta will continue to shrink for the next two years amid weak crude prices globally. The province's shortfall in 2017 -2017 is anticipated to outstrip the October outlook by almost $5 billion.

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Canadian Liberal Party Meets To Select New Leader

Canada Finance Minister, Bill Morneau, to Disclose Liberal's First Budget

The finance minister of Canada, Bill Morneau, is expected to disclose the principal terms of Liberal's first budget on Monday. Morneau's revised budget figures will highlight the problems facing Canada's economy.

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Turkey And Gravy-Flavored Soda Ready For Thanksgiving

Cott Posts Profit in Q4, Earnings Gained with Help from DS Service Coffee and Water Business

The soda maker Cott Corp posted fourth-quarter adjusted net income of US$3 million, boosted by the growth in the DS Services coffee and water home delivery business.

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CANADA-UN-TRUDEAU-BAN

Fading economy could put Canada to $90 billion scarcity: study

The present government of Canada is experiencing a series of scarcity in the budget, which could reach $90 billion over the mandate period of four years. The struggling Liberal government needs to insert a minimum of C$50 billion into Canada's fading economy to assist the nation to sustain the fall in oil prices.

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RBC Canadian Open - Round Two

Bank of Canada Expected to Cut Rates; Not Many In Support

The Bank of Canada is expected to cut interest rates on Wednesday and not many are favoring the move. Many are worried that the rate cut will damage the already weakened Canadian dollar, among other worries.

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