Manulife, Sun Life left reelin' in the years
On a chilly evening early in 2004, Dominic D’Allessandro was treated to warm applause from his peers during an exclusive event...
Top Stories
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SNC puts on a brave face as Lamarre exits
After 42 years on the job Jacques Lamarre, president and chief executive of SCN-Lavalin Inc. is passing the baton to Pierre Duhaime.
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U.S. may be set for double-digit jobless rate
The U.S. economy has lost more jobs in the past year than in any downturn in the post World War II period, leading some economists to predict...
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'Obama Bear Market' punishes investors
President Barack Obama now has the distinction of presiding over his own bear market. Thee Dow Jones Industrial Average fell 20% since ...
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Ottawa to stand tough against foreign owners
The Harper government will "protect Canadian interests" if foreign companies that acquire Canadian firms do not respect their obligation...
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TSX closes lower as earlier optimism fades
Canada’s top market exchange fell to its lowest level since October 2003, twisting the knife deeper as a another dismal week drew to a ...
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Another bad week for Canada's dollar
Canada’s dollar fell for a fourth consecutive week, the longest streak of losses since October, after a worsening outlook for the world...
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Oil settles 4% higher on OPEC output cut hopes
Oil settled more than 4% higher on Friday as expectations producer group OPEC could reduce output again outweighed weak U.S. economic data...
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Oklahoma oil men blame Canadians for lower profits
Most oil drillers are fretting after crude prices fell 70% since last July, but a group of Oklahoma oil men pin much of the blame for their...
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GE Capital Seeks to Buy Back US$1.45B of Debt
General Electric Capital Corp. is offering to buy back about US$1.45-billion of debt as it tries to amend terms of the bonds.
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UK takes huge bite of Lloyds Bank: report
Britain will take a stake of up to 75% in Lloyds Banking Group after agreeing a deal to cap the bank’s losses on about 250-billion pounds...
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Madoff may be nearing plea deal
Bernard Madoff, the alleged mastermind of a US$50-billion Ponzi scheme, may be nearing a guilty plea after federal prosecutors filed a ...
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Merrill Lynch discovers trading 'irregularity'
Merrill Lynch & Co., the securities firm acquired by Bank of America Corp., said it uncovered an “irregularity” during a review of its ...
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Canadian Superior granted bankruptcy protection
Canadian Superior Energy Inc. said its application seeking court protection from creditors was successful, staying all claims against the...
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OECD warns global outlook weakening
The outlook for the world’s major industrialised and emerging economies weakened further in January with all BRIC countries now facing ...
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Saskatchewan dodges the recession -- so far
The world recession has so far stopped short of Saskatchewan, the cold Canadian province that has historically repelled prosperity and ...
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Wells Fargo cuts dividend 85%
Wells Fargo & Co on Friday cut its dividend 85%, a widely expected move that the fourth-largest U.S. bank said will save US$5-billion a...
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Loonie rises after job data cheers markets
The Canadian dollar climbed versus the U.S. dollar on Friday morning after U.S. data showed a massive job loss in February but one that...
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Clock ticks for GM's Canadian workers
Auditors of General Motors Corp. say North America’s largest automaker may be forced to seek bankruptcy protection as it fights for financial...
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Wal-Mart shows retail differences in U.S., Canada
Wal-Mart Stores Inc. is the clear beneficiary of recessionary blues in the United States -- the mass merchant vastly exceeded its own sales...
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E.U. free trade deal seen worth $12-billion
Canada and the European Union have agreed to begin free trade negotiations that, if successful, could boost Canada’s economy by about $...
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Citi CEO under fire with stock below a buck
Citigroup Inc. -- once the world’s biggest and most powerful bank -- faced a fresh indignity on Thursday as its stock broke below a buck...
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Demand for EDC products skyrocketing
Export Development Canada said Thursday demand for its financing products skyrocketed in the final months of 2008 just as the financial...
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Biovail founder finally gets to tell his side of the story
Eugene Melnyk, the founder of Canada’s largest publicly traded pharmaceutical company finally got the chance Thursday to tell his side ...
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Robert Tessier named new chairman of Caisse
Caisse de dépôt et placement du Québec, which last week announced nearly $40-billion in losses, has found a steady hand to help steer the...
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Canadian Natural Resources needs gas prices to recover
Canadian Natural Resources Ltd. said it needs natural gas prices to recover to the range of $6.50 to $7.50 per thousand cubic feet before...
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Talisman to make gains as service companies suffer
Talisman Energy Inc. provided a glimpse of just how dramatically costs for oil and gas companies are dropping around the world, with some...
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Lukas Lundin admits excesses
Lukas Lundin has a message for the investing public: Lundin Mining Corp. will be fine. Really.
Tough love for tough times
Dr. Phil offers advice for getting through the economic crisis
Call me a cockeyed optimist
Just as three years ago anyone who warned the end was nigh was regarded as a crankish spoilsport; now anyone who thinks our situation might be anything...
Skills to beat the recession
It's going to be a very different world out there. Here are some hints for preparing for it.
How Harvard's investing superstars crashed
For a long while, Harvard's daring investment style was the envy of the endowment world. But when genius fails, it fails big.
Cheap oil better than Obama
Forget Barack Obama’s US$787-billion stimulus package. The global economy is getting a far bigger boost from cheaper oil prices as a more than 70% slide...
What's a four-letter word for tax shelter?
Marred by Taxes' look at a tax season that is all about four-letter words -- RRSP, TFSA, RESP and RDSP
So how do we retire now?
The Forbes.com Investor Team has advice for those leveled by losses, whether age 55, 35 or 25.
Rethinking outsourcing in the recession
Small companies are pulling production back home -- and saving money.
Clock ticks for GM's Canadian workers
Auditors of General Motors Corp. say North America’s largest automaker may be forced to seek bankruptcy protection as it fights for financial survival...
Bank of Canada mulls new strategies
The Bank of Canada signalled Tuesday it was prepared to enter unchartered territory and flood the financial system with additional cash by buying up securities...
No sign we have tamed this bear yet
Technical support levels, the final refuge of optimists, have been breached in recent days leaving investors without substantive reasons why the market...
Canadian taxpayers face double pension peril
Unless the markets stage a miraculous recovery, taxpayers could end up facing a double whammy -- not only will they be forced to deal with declines in...
