Category: Canadian Business

Trump asks SEC to study quarterly earnings requirements for public firms

By Michael J. de la MercedThe New York Times Fri., Aug. 17, 2018 Many leaders of public companies in the United States have complained about the negative aspects of filing quarterly financial reports, citing the time they consume and their excessive emphasis on short-term results. Those complaints appear to have a receptive audience in the…

Welcome to Waltonville, where the world’s richest family reigns

By Tom MetcalfBloomberg Thu., Aug. 16, 2018 The largest family fortune on earth is run out of two floors of unmarked suites in Bentonville, Arkansas. The building is a discreet nerve centre for the Walton family’s $ 152 billion hoard. There are plenty more overt signs of their success in the heart of the city.…

RCMP’s E Division wins Bank of Canada counterfeit prevention award

The Bank of Canada congratulates the Integrated Counterfeit Enforcement Team from British Columbia’s Federal Serious and Organized Crime branch, E Division—Financial Integrity. They are the winners of the 2018 Law Enforcement Award of Excellence for Counterfeit Deterrence. The Bank presents this award annually to recognize outstanding criminal justice professionals and educators working to prevent the…

Walmart’s size may not shield it from rising prices

By Matthew BoyleBloomberg Tues., Aug. 14, 2018 NEW YORK—It’s getting more expensive for retailers like Walmart Inc. to stock its shelves with household staples like diapers, paper towels and bottled water. The question now is whether that translates into more pain at the checkout line. Soaring costs for transportation and raw materials — some related…

David Olive: How Trump’s new emissions rules could benefit Canada

Canada has a chance to become North America’s new regulatory pacesetter in vehicle emissions and fuel-economy standards if the Trump administration succeeds in its effort to roll back the strict new standards set by the Obama administration, which the Canadian government readily adopted. In coming months, Ottawa will have to decide whether to stand fast…