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China’s outbound investment was north of $100 billion US in just the first seven months of this year. That’s a torrent of money. They’ve got $4 trillion of foreign exchange reserves which they can deploy either from state enterprises, private companies or individuals. So to say we’re not going to touch Chinese investment is like tying one hand behind your back. → Read More
"Well you want to use weakness and volatility in the current market to get all in, versus just running out and buying the next tick. The market is pretty overbought right now. It’s had a hell of a move off the low but the data says you’ve got to be ready to buy," says Tony Dwyer, Canaccord Genuity's chief U.S. portfolio strategist. → Read More
"People talk a great game, and a lot of companies talk about the triple-bottom line. But we wanted to prove that we play a great game," says Katie Frost, Chandos's marketing manager. "Getting B Corp certification provides proof we're doing what we say we're doing." → Read More
Economies are like supertankers. Once a course is set, it's awfully difficult to change direction in a hurry. In Alberta, the oil and gas sector will drive the provincial economy for decades to come, no matter what the anti-fossil fuel zealots insist. → Read More
Oil prices skidded to a three-month low Monday, with a growing chorus of analysts predicting that crude will sink further in coming weeks. → Read More
According to the U.S. Energy Information Administration, the U.S. is now on track to become the world's third-largest LNG exporter by 2021, trailing only Australia and Qatar. Canada remains little more than a spectator, shut out of the action. → Read More
“We’re here to offer Canadians what they’ve been looking for, for quite some time — an opportunity to have airfares they can actually afford," says Dean Dacko, NewLeaf's chief commercial officer. → Read More
“So I think we’ll meander between $40 and $46 a barrel between now and the end of August. Then in September, if the seasonal slowdown kicks in, and OPEC is still producing in excess of demand… → Read More
“We have cash in the bank, we have positive cash flow, we trade at a very low multiple and we have some competitors that are weak. So I think we’re going to be able to capitalize on some of that," says HNZ Group CEO Don Wall. → Read More
Barring what he calls a "miraculous recovery" in June, Canada is on track to record the deepest quarterly export slump since the Great Recession, says Krishen Rangasamy, a senior economist with National Bank Financial. → Read More
For millions of Brits, life is about to get a lot harder. That much is clear. As for the rest of the planet, the ramifications of Britain's exit from the EU are far less clear, and will take time months or even years to play out. → Read More
Michael Bloomberg, the former mayor of New York, serves as the UN secretary-general’s special envoy for cities and climate change. At the same time, Bloomberg is also a powerful gatekeeper wh… → Read More
"While the Brexit vote doesn’t have the potential to have a material effect on our company, we are still confident that our team is positioned well, regardless of the outcome. Our work in the U.K. is largely focused on water infrastructure, which is regulatory and program driven, so Brexit shouldn’t affect those projects," says Stantec CEO Bob Gomes. → Read More
“It’s been a heartbreaking experience," says one elderly investor. “We now have nothing to leave our children and our grandchildren. That’s the sad part. You live a long life, you work hard and you practice due diligence all your life. Then all of a sudden somebody is walking away with your money. " → Read More
"I wanted to spend my twilight years — if you want to call it that — going back to my first love, which is science. I've spent most of the last 25 years as a CEO or chairman or board member, and especially in public companies, that just wears you down," says Foster. → Read More
"U. S. households are in much better financial shape than they have been in quite a while. At the same time the average age of the U.S. vehicle fleet is at record highs, so that tells you that there is still significant replacement demand ahead," says Carlos Gomes, senior economist and auto specialist with Scotiabank. → Read More
"It's not just Rogers Place and all the office and residential towers that are going up around it, but also the Royal Alberta Museum and the additions to educational institutions like MacEwan and NorQuest College. And Edmonton also gets buoyed by having such a large public sector, with nice steady incomes," says Alberta Venture editor Michael Ganley. → Read More
"The typical single-family household made $262,000 last year by twiddling thumbs ... for a tidy total of $24.6 million. Not too shabby," says Jens von Bergmann. "In other words, just the single-family property owners alone earned more by twiddling their thumbs than the entire population of the City of Vancouver did by actually working. " → Read More
Although skeptics have predicted that Dollarama would soon run out of room to grow, it has defied the naysayers, and continued to expand. At Wednesday's closing price of more than $91, its shares are up more than 450 per cent over the past five years. → Read More
Most energy exporting nations are simply carrying on as usual, building new pipelines and LNG projects at a furious pace. The result? While Canada's energy resources remain largely landlocked, the U.S. and other exporters — from Saudi Arabia to Iran, Qatar, Kuwait and Russia — are only too happy to fill the void. → Read More