Category: Canadian Business

TransAlta activists end partnership ahead of annual meeting

A pair of activist investors agitating for changes at TransAlta Corp. have terminated their partnership ahead of the power company’s annual general meeting slated for Friday. Mangrove Partners and an entity controlled by C. John Wilder’s Bluescape Energy Partners said in a regulatory filing late Friday that they would terminate their co-operation agreement. The pair,…

U.S. opens anti-dumping investigation against imports of sodium sulfate anhydrous

WASHINGTON – The United States has initiated another anti-dumping investigation against Canada, this time involving sodium sulfate anhydrous. The Department of Commerce says the investigation was initiated based on a petition filed March 28 by three U.S. companies: Cooper Natural Resources Inc., Elementis Global LLC and Searles Valley Minerals Inc. The alleged dumping margins for…

Senior Loan Officer Survey—First Quarter of 2019

Chart 5: Price lending conditions eased marginally, while non-price conditions were unchanged A modern browser with javascript enabled is required to view our charts. Alternatively, the data is available for download in: * The balance of opinion is calculated as the weighted percentage of surveyed financial institutions reporting tightened credit conditions minus the weighted percentage…

February cannabis sales tepid as inventory stockpile grows: Health Canada

Sales of cannabis products in February fell by nearly nine per cent from the previous month, due to fewer days, as average daily sales stayed relatively flat, according to the latest statistics from Health Canada. The government agency’s latest sales and inventory figures also show that the inventory of finished cannabis continues to pile up…

Business Outlook Survey—Spring 2019

Sales prospects abroad remain positive, supported by sustained foreign demand, but global trade headwinds and geopolitical tensions are weighing on exporters’ sales outlook (Box 1). Firms’ expectations for US economic growth, although still positive, have moderated from elevated levels in recent surveys. Despite some softening in business sentiment, intentions to spend on machinery and equipment…