Slowing growth in the global economy is likely to hold interest rates low and keep a lid on stock market gains for the rest of 2013, portfolio managers at AGF Management Ltd. said Thursday. The World Bank has cut its 2013 forecast for growth in the global economy to 2.2 per cent from 2.4...
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A week after toughening consumer protections in the wireless telephone market, Canada’s broadcast and telecom watchdog is looking to shake up TV rules that limit viewer choice — and predate popular video streaming platforms such as Netflix and YouTube. Jean-Pierre Blais, appointed the Canadian Radio-television and Telecommunications Commission’s chair a year ago, detailed plans...
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LOS ANGELES—O come, all ye faithful Duck Dynasty fans: Santa Claus is not the only jolly man with a beard who will be celebrating christmas this year. The men and women of the Robertson family that star in A+E’s Duck Dynasty will be putting down their duck calls and putting on their most festive...
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You’re buying a refrigerator or flat-screen TV. You think you can rely on a retailer’s advice to choose the best brand for your needs. Then, you learn the store recommends only products whose manufacturers have paid a cash incentive. Wouldn’t you feel the advice is compromised? “Embedded compensation” is a business model in which...
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MONTREAL—A major Quebec engineering firm has become the latest to lose its top executive in the wake of corruption scandals. Montreal-based Dessau Inc. announced Wednesday the resignation of Jean-Pierre Sauriol as CEO and president. The move comes after his brother Rosaire, a fellow company executive, testified at Quebec’s corruption inquiry about his participation in...
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MONTREAL—The Quebec government has introduced landmark legislation that would allow terminally ill patients to end their lives, possibly as soon as this fall. The bill would make the province the first jurisdiction in Canada to allow such a procedure and it appears to have the support of all parties in the Quebec legislature. But...
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OTTAWA—Mining development in the Ring of Fire region in remote northern Ontario has hit another snag. Cliffs Natural Resources Inc. says it is calling a temporary halt to its environmental assessment activities for a major chromite mine in the area. The company says the suspension is due to delays related to the environmental process,...
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You’re buying a refrigerator or flat-screen TV. You think you can rely on a retailer’s advice to choose the best brand for your needs. Then, you learn the store recommends only products whose manufacturers have paid a cash incentive. Wouldn’t you feel the advice is compromised? “Embedded compensation” is a business model in which...
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Kids are digging deeper for Father’s Day, according to a new survey which found Canadians plan to spend an average of $ 95 to celebrate dad this year — up from $ 86 from 2012. The report also discovered that Atlantic Canadians have the thriftiest plans, spending an average of $ 61, while those...
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