NAFTA’s demise would force agri-food sector to adapt

NAFTA’s demise would force agri-food sector to adapt
Blame Washington all you want for the NAFTA impasse, but Canada has not demonstrated it wants to liberalize its trading position either By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Talks to refresh North America’s trade agreement seem to be heading nowhere, and that could spell serious trouble for our agrifood sector. Wanting to push back on Mexico’s... Read More

More mortgage red tape could hurt homebuyers

More mortgage red tape could hurt homebuyers
Office of the Superintendent of Financial Institutions wants to further stiffen the guidelines for those who put 20 per cent or more down when  purchasing a home By Neil Mohindra Public policy consultant The Fraser Institute Amid widespread concern about housing affordability across Canada, the Office of the Superintendent of Financial Institutions (OSFI), the country’s safety and soundness financial regulator,... Read More

Industry may face new costs over methane cuts after high emissions reading

Industry may face new costs over methane cuts after high emissions reading
EDMONTON — Canada’s energy producers say they remain committed to targeted cuts of a potent greenhouse gas, even after a study suggesting those reductions may have to be much larger than previously thought. But Patrick McDonald of the Canadian Association of Petroleum Producers said additional cuts will come on top of costs already estimated in the billions of dollars and... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,782.16, down 34.74 points): Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.37 per cent, to $2.72 on 24.2 million shares. Encana Corp. (TSX:ECA). Oil and gas. Up 40 cents, or 2.80 per cent, to $14.70 on 9.1 million shares. DREAM Unlimited... Read More

Trudeau, Notley said yes to pipelines, while really meaning no

Trudeau, Notley said yes to pipelines, while really meaning no
While telling people that they understand the importance of the pipelines, Notley and Trudeau piled up the regulatory bricks to ensure they were not viable By Ken Green Senior director Centre for Natural Resource Studies The Fraser Institute TransCanada’s withdrawal of its proposal to build the Energy East and Eastern Mainline oil pipelines is a huge loss to Canada and... Read More

Xi urges stronger Chinese stand against ‘grim’ challenges

Xi urges stronger Chinese stand against ‘grim’ challenges
BEIJING — Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take a stronger role in society and economic development to better address the nation’s “grim” challenges as he opened a twice-a-decade national congress. Speaking in the massive Great Hall of the People near Tiananmen Square, Xi laid out his vision of a ruling party that serves... Read More

Corus Entertainment reports fourth-quarter profit up from year ago

Corus Entertainment reports fourth-quarter profit up from year ago
TORONTO — Corus Entertainment Inc. (TSX:CJR.B) reported Wednesday its fourth-quarter profit was up from a year ago as revenue ticked lower. The media company said its profit attributable to shareholders totalled $28.9 million or 14 cents per diluted share for the three months ended Aug. 31. That compared with a profit of $25,000 or zero cents per share in the... Read More