finances
Doug Ford, in fireside chat, says PC government ‘may’ balance budget by year 4
His government has said the shortfall they inherited from the Liberals was $15 billion.
French bank fined US$1.3B in penalties over Cuba dealings [UPDATED]
It’s the second largest penalty ever imposed on a financial institution for violating US economic sanctions.
Even small companies may be able to cut Amazon like deals
Whether a small business wants to buy or rent, it may have leverage with landlords or local governments to get breaks on rent or taxes.
Bombardier shares rebound from Friday’s loss by gaining more than 20 per cent
Quebec’s financial market regulator announced Thursday it is reviewing Bombardier’s executive compensation plan.
Ontario to announce tax exemption for low income workers in fall fiscal update: sources
Workers earning less than $30,000 will no longer have to pay provincial income tax starting next year.
TransCanada expects to raise dividend at eight to 10 per cent annual rate
Last week, a US judge blocked a permit for TransCanada’s Keystone XL project and ordered officials to conduct a new environmental review.
Ottawa to run bigger than expected deficits over coming years
Feds are on pace to post a $19.4-billion deficit in 2018-19, $1.3 billion higher than the projection in last February’s budget.
Oilsands target MEG formally rejects Husky Energy’s $3.3B takeover bid
MEG says the offer “significantly undervalues” its shares and is not in the best interests of the company.
Ontario government spending audit finds operating expenses grew 55% over 15 yrs
Spending outpaced population growth by 1.9 per cent
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Ford launches independent inquiry into Ontario’s finances
Commission will be led by former BC premier Gordon Campbell.
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Manufacturers are primed for business growth in 2013
PLANT’s 2013 Business Outlook Survey shows senior executives are investing and banking on higher profits.
