Daily News

Source: Bankofcanada November 14, 2022

Opening remarks

Good morning. I’m pleased to be with you—virtually at least—to welcome you to the fourth conference on Diversity, Equity and Inclusion in Economics, Fin...

Source: Financialpost November 14, 2022

Shopify's Tobias Lütke: ESG is a good idea that's now 'broken, cynical and counterproductive'

CEO becomes latest to speak out against the so-called standards and greenwashing Shopify Inc. chief executive Tobi Lütke has joined the backlash against ESG. We apologize, but this video has failed to load. Try refreshi...

Source: Financialpost November 14, 2022

'This is mostly theatre': Alberta's message at COP27 is oilsands 'boosterism,' critics say

Trip appears chiefly designed to speak to concerns, frustrations of United Conservative Party's voter base Alberta environment minister Sonya Savage said she’s attending COP27 in Egypt this week to prevent Ottawa from presenting a “one-sided na...

Source: Financialpost November 14, 2022

Diane Francis: Time to pay the piper on defence

Joe Biden has had a profound effect on the U.S.-Canada relationship in his term as president WASHINGTON, D.C. — The midterm elections in the United States were good news for the Democrats and for moderates in both parties, because there was no...

Source: Financialpost November 14, 2022

How something as common as rain in Vancouver can send shockwaves through Canada's entire food system

Grain sits in silos, trains idle on tracks and ships off the coast all because of a long-running dispute Something happened on the British Columbia coast late last month that was so serious it sent shockwaves through the entire Canadian food sy...

Source: Financialpost November 14, 2022

Elon Musk complains he has 'too much work' after taking over Twitter

'The amount that I torture myself is next-level, frankly' The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: he’s taken on more than he should. We apologize, but this...

Source: Financialpost November 14, 2022

Unlimited flights between India and Canada given green light in move to rekindle trade ties

Previously each country was limited to 35 flights per week Transport Minister Omar Alghabra announced that the government will allow an unlimited number of flights from designated airlines between Canada and India, significantly expanding a dea...

Source: Financialpost November 13, 2022

Vermilion Energy suspends share buybacks in the face of EU windfall tax

The retroactive tax could cost the Calgary company between $650 million to $750 million over two years Vermilion Energy Inc. has announced it will suspend its share buyback program as the international oil and gas producer contends with the imp...

Source: Financialpost November 13, 2022

'This is not a crash by any stretch of the imagination:' CIBC's Benjamin Tal on our slowing housing market

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Here are the FP v...

Source: BNN Bloomberg November 12, 2022

Shopify posted its biggest trading day gain in more than two years

E-commerce platform Shopify Inc. posted its biggest trading day gain in more than two years on Thursday. The Ottawa-based company closed up by $6.88, or 16.47 per cent, at $48.65 per share. Sign up to get breaking news email alerts sent directly to y...