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1 day ago | 
financialpost.com | Ian Bickis
Article contentTORONTO — BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country. Sign In or Create an AccountArticle contentThe bank said Thursday that the numerous shifts include appointing Aron Levine, who came from decades at Bank of America, to group head and president of BMO U.S.Article contentWe apologize, but this video has failed to load.
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1 day ago | 
castanet.net | Kyle Duggan |Lauren Krugel |Ian Bickis |Matt O'Brien
The chief executive of the Canada Infrastructure Bank says the Crown corporation is looking forward to playing a role in Ottawa's ambitions to push ahead major projects deemed in the national interest. "I think we're on the precipice of a really important time for our country," said Ehren Cory. "We're just one tool in the tool kit of that.
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2 days ago | 
cp24.com | Ian Bickis
Canada's steel industry needs the federal government to take swift action as it faces an existential threat from steeply increased U.S. tariff, said Catherine Cobden, head of the Canadian Steel Producers Association. "We're going to be a deeply weakened sector in a very short period of time," she said after the U.S. doubled its tariffs on steel and aluminum imports to 50 per cent.
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2 days ago | 
stratfordtoday.ca | Ian Bickis
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3 days ago | 
castanet.net | Elaine Kurtenbach |Matt Ott |Sammy Hudes |Ian Bickis
Canada's main stock index was in the red in late-morning trading, weighed down by losses in the telecom sector, while U.S. stock markets climbed higher. The S&P/TSX composite index was down 22.21 points at 26,366.75. In New York, the Dow Jones industrial average was up 105.66 points at 42,411.14. The S&P 500 index was up 24.73 points at 5,960.67, while the Nasdaq composite was up 142.76 points at 19,385.37. The Canadian dollar traded for 72.90 cents US compared with 72.96 cents US on Monday.
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3 days ago | 
castanet.net | Ian Bickis |Tara Deschamps |Craig Lord |David Baxter
A group of 80 women leaders in business and civil society have called on Canadian securities regulators to resume work on climate disclosures. In an open letter organized by Women Leading on Climate, the signatories say the "abrupt" April decision by regulators to halt the work puts the economy at risk.
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1 week ago | 
castanet.net | Elaine Kurtenbach |Matt Ott |Paul Wiseman |Ian Bickis
Stocks worldwide are rising after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. The S&P 500 was 0.8% higher in early trading Thursday. The Dow Jones Industrial Average was up 64 points, or 0.1%, and the Nasdaq composite was 1.4% higher. Technology stocks led the way after Nvidia once again topped analysts’ expectations for profit and revenue in the latest quarter.
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1 week ago | 
castanet.net | Matt Ott |Ian Bickis |Colleen Barry |Ritika Dubey
Filings for U.S. jobless aid jumped last week but American workers broadly remain secure in their jobs despite economic uncertainty over global trade. Jobless benefits applications rose by 14,000 to 240,000 for the week ending May 24, the Labor Department said Thursday. Analysts had forecast 226,000 new applications.
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1 week ago | 
castanet.net | Ian Bickis |Colleen Barry |Ritika Dubey |Elaine Kurtenbach
Stellantis, the maker of Jeep, Fiat and Ram vehicles, named a new chief executive officer Wednesday as the world's fourth-largest car manufacturer navigates the impact of U.S. tariffs, burgeoning competition from China and the transition to electric vehicles. Antonio Filosa, who is currently Stellantis’ chief operating officer for the Americas and chief quality officer, takes the post effective June 23, when he is expected to announce his leadership team. He turns 52 next month.
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1 week ago | 
castanet.net | Ian Bickis |Colleen Barry |Ritika Dubey |Elaine Kurtenbach
Ian Bickis, The Canadian Press - | Story: 552969BMO Financial Group's second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.96 billion, up from $1.87 billion for the same quarter last year, with the biggest boost coming from lower losses in its corporate segment after a spike in acquisition costs last year.
