Trading of Hudson’s Bay shares halted on Toronto Stock Exchange

Trading of Hudson’s Bay shares halted on Toronto Stock Exchange

By The Canadian Press Wed., Nov. 1, 2017 Trading of Hudson’s Bay Co. shares has been temporarily suspended on the Toronto Stock Exchange. The halt follows a tumultuous couple of months for the retailer. In September, an activist investor in Hudson’s Bay threatened to seek the removal of company directors unless it unlocked the substantial […]

Monetary Policy Report Press Conference Opening Statement

Monetary Policy Report Press Conference Opening Statement

Good morning. Senior Deputy Governor Wilkins and I are pleased to be here to answer your questions about today’s interest rate announcement and our Monetary Policy Report (MPR). As you know, Governing Council decided to raise interest rates at each of its July and September meetings, in the context of stronger-than-expected economic growth and […]

Got a Sears Canada warranty? Here’s what you can do: Roseman

Got a Sears Canada warranty? Here’s what you can do: Roseman

Q: Since Sears won’t honour the contracts after Oct. 18, will it give refunds? A: Only those who bought warranties in the past 30 days will get refunds. That’s the standard policy at Sears, he said. Knowing that refunds would be out of reach for most people, why did Sears keep selling service plans after […]

Business Outlook Survey – Autumn 2017

Business Outlook Survey – Autumn 2017

Available as: PDF Results of the Autumn 2017 Survey | Vol. 14.3 | October 16, 2017 Results from the autumn Business Outlook Survey point to continued positive business sentiment across the country, with business activity becoming entrenched. Firms’ prospects remain healthy, although several survey indicators have moderated from the strong summer results. Overview […]

Red flags that could help investors spot fraudsters before it’s too late

Red flags that could help investors spot fraudsters before it’s too late

By David PaddonThe Canadian Press Fri., Oct. 20, 2017 When former financial planner Daniel P. Reevewas convicted this month of defrauding 41 investors out of about $ 10 million, it was a bitter lesson. As with many financial frauds, the victims didn’t see it coming, and there’s little to no chance they will recover their […]

Enercare’s customer service doesn’t go according to plan: Roseman

Enercare’s customer service doesn’t go according to plan: Roseman

I have a long relationship with the home service company now called Enercare. From 2002 to 2014, it was known as Direct Energy. Before that, it was owned by Consumers Gas, also known as Enbridge. Many Toronto Star readers buy Enercare service plans to cover heating and cooling equipment, plumbing and drains, even major appliances. […]

Why the bottom line is all that counts in investing: Pape

Why the bottom line is all that counts in investing: Pape

You’ve found the fridge you want on sale for $ 999. It’s a bit of a stretch, but it’s the right size and has all the features you were looking for. The salesperson, happy to be earning a commission, writes up the bill. You look at it and your jaw drops: $ 1,128.87. Adding on […]

New IMF report warns of Canada’s high debt levels

New IMF report warns of Canada’s high debt levels

By The Canadian Press Wed., Oct. 11, 2017 The International Monetary Fund warns in a new report about Canada’s high debt levels and higher-than-average pressure on Canadian households’ ability to pay down that debt. The IMF says in its Global Financial Stability report released Wednesday that these dynamics in Canada’s private non-financial sector leaves its […]

Seeking Gazelles in Polar Bear Country

Seeking Gazelles in Polar Bear Country

Introduction You are probably all familiar with the inventor of the snowmobile, Joseph?Armand Bombardier. He was from the Eastern Townships of Quebec and he merits a place in our history books just as much as Maurice Richard and Félix Leclerc. You may be less familiar with Montréaler Arthur Sicard, who also had an idea that had a […]

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