Finance
Sony quarterly profit rises on games, financial services
In recent quarters, Sony’s PlayStation 4 video game operations, especially software sales, have been doing well.
DavidsTea says unhappy shareholders have withdrawn lawsuit against co-founder
The lawsuit filed in July sought to have Herschel Segal removed as executive chairman.
Maker of James Bond’s favourite sports car eyes stock market
Aston Martin could release details of potential IPO in September.
Finance ministers to press Morneau about opting out of controversial tax change
Critics warn it will unfairly pile on significant costs for small business owners.
Bank of Canada keeps key interest rate target on hold at 1.25%
Next scheduled rate decision set for July 11.
Bank breaches highlight rise of cyber threats as new exploitation strategies emerge
BMO and CIBC-owned Simplii were apparently targeted.
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Tax rules tightened for small businesses and passive income in budget
Morneau still faces the challenge of corporate tax cuts in the US prompting companies to invest there instead of Canada.
Key budgetary goal to help women enter work force would lift economy: analysis
Options include narrowing pay equity gap, more gender equality in boardrooms, easing access to capital for female entrepreneurs.
Bank of Canada underlines NAFTA risks as it hikes interest rate
Strong economy cited, but trade deal uncertainties cast a widening shadow over its outlook.
Trudeau to focus on economic agenda in 2018, with ethics flap behind him
Expect a budget that emphasizes investments in infrastructure and preparing Canadians for a changing economy.
Saskatchewan deficit down slightly, but contingency fund gone
Will bring in $53 million less than anticipated in March from taxes and non-renewable resources.
Baloney Meter: How much is the government going to collect from tax cheats?
Trudeau government earns “a lot of baloney” rating for claims that are mostly inaccurate.
Feds to show smaller deficits in updated outlook, but no timeline to balance
New policy measures will be aimed at providing tools for middle-income earners to continue contributing to the economy.
Infrastructure bank may bear large portion of project risk
Documents show bank could take on an equity stake in order to make a project more attractive to private investors.
South Korea to inject $2.6B into ailing shipyard Daewoo
Will prevent company from going bankrupt when some of its debt matures next month.
