Skip navigation

 Login or Register | Member Centre

Richard Guay

Caisse CEO steps down

Richard Guay leaves pension fund manager after just four months in top post and following medical leave


December fund outflows expected to total $730-million

‘Investors are still waiting on the sidelines,' IFIC official says as redemptions continue in stock and bond pools


Canadian auto sales skid 21 per cent

‘We've started into an automotive recession,' analyst says, as even previously good performers feel massive pain in December


Lawmakers to grill SEC on Madoff scandal

SEC investigation will go beyond specifics to look at agency's enforcement operations, inspector tells House panel


Europe squeezed as Russia slows natural gas flow

Several countries forced to dip into reserves; EU tries to assure people that no danger looms

Streetwise

Streetwise Blog

CIBC wins takeover league tables

Plus: The next Caisse CEO should be...


Behind the meltdown

Drill rig

How the Middle East crisis affects oil prices

And, what happens to CPP, OAS payments if consumer price index actually declines


atthetop

Robert Kelly

Robert Kelly: Wall Street will revive

CEO of Bank of New York Mellon in conversation with Gordon Pitts


Video Pick

Berman's View

Berman's View

Shilling's bearish about everything... except the U.S. dollar


Agenda

Agenda

No cracks in Canada's nest egg

A 1997 decision to reform the CPP has helped our national pension plan shrug off the market meltdown

 

Canadian Business 

Labour talks continue as strike threatens B.C. ports

Employers' group assessing union proposal; workers in strike position

TD raises preferred share issue to $225-million

Shares will to cost $25 each and pay an interest rate of 6.25 per cent a year, bank says

Bombardier signs German rail deal worth up to $2.1-billion

Bombardier Transportation to build 800 double-deck coaches for Deutsche Bahn

Merger creates Ontario's second biggest electric distributor

PowerStream Barrie Hydro to serve Southern Ontario cities

Atrium deal marks shift in strategy

Supplement maker buys Arizona mail-order company for $23.9-million


Energy & Resources 

Explosion cuts Nigeria oil output by 12,000 barrels a day

Friday's dynamite attack damaged pipeline

Oil pushes above $48 a barrel

More than just unrest in Middle East behind recent rise, analysts say

Rusoro to push Gold Reserve takeover

Target is seeking court ruling to block Russian-controlled miner's hostile bid

Copper slips on stronger dollar

‘There is no real sign on the macro side that anything will improve soon,' analyst says


International Business 

Fed begins purchasing mortgage securities

Will spend up to $500-billion on secured housing debt

Waterford Wedgwood calls in receivers

The venerable maker of china and crystal is optimistic that a buyer can be found

U.S. construction spending falls less than expected

4.2 per cent fall in housing construction was partially offset by a surprisingly strong rise in nonresidential activity

Seasonal sales weak at U.S. drug chains

Overall December sales rise at Walgreen, slip at Rite Aid


Investing 

Brutal year for financial and resource mutual funds

Even some bond funds lost money in 2008, Globefund says

Share issues down by a third in dismal year

Flurry of third-quarter sales by banks, insurers and utilities aimed to shore up sagging balance sheets

Cover Story: Stars & Dogs

RIM, Potash and Suncor may have led the pack astray, but the U.S. dollar and Wal-Mart offered some refuge for shell-shocked investors. The year's Stars & Dogs in review.

Lessons learned: Investing pros talk about 2008

We're rich in the wisdom that comes from bitter experience, writes Rob Carrick

Financial Facelift: Lack of financial knowledge adds to couple's risks

Planner advises finding a trusted adviser and portfolio manager ‘who will do what they will not'


Technology 

CES will aim to outshine recession woes

Even in tough economic times, electronic show to have stuff worth seeing

China targets Google in porn crackdown

Seven government agencies will work together on the campaign to ‘purify the Internet's cultural environment and protect the healthy development of minors'

Time to scale back at CES