Financial Post (56)

U.S. economy is at risk of overheating if rate hikes keep failing to filter through, Goldman Sachs warns

The Fed is expected to raise rates today but the two hikes so far this year have not yet filtered through to the real economy

Reflecting on a career: CIBC's John Braive stops 'delaying and delaying' his departure

He'll miss the intellectual challenge of analyzing the markets, but it's time for private pursuits

TransCanada looking to file amended Keystone pipeline application in Nebraska

A lawyer for the company said an amended plan would address issues that weren't in the original application and that are unique to the alternative route

Desjardins, provincial credit unions and Cumis partnering to create Aviso Wealth

Aviso Wealth will have over $55 billion in combined client assets

Why Trump may actually be right about a U.S. trade deficit with Canada

Does the U.S. run a trade deficit or surplus with Canada? It depends where you look.

'We want cereal to be seen as modern': Kellogg doubles down on cereal cafe in midst of sales slump

New cafe features a full cereal bar, giant murals of Kellogg characters like Tony the Tiger, a station to heat up Pop-Tarts and a special iron to cook fresh Eggo waffles

Warren Buffett about to add $3 billion back to his cash pile courtesy of Tim Hortons' owner

Restaurant Brands International will redeem US$3 billion in preferred shares Tuesday from Buffett's Berkshire Hathaway

Another management-led offer darkens Greenchip's day

'This is the third management-driven buy-out offer by a Chinese domiciled, Western-listed solar manufacturer, at a low price and certainly for less what the company is worth'

West Face files claim against mortgage lender Home Capital

West Face claim says 'investors who purchased common shares of Home Capital to close out a short position were excluded from compensation under settlement terms' of a class action suit

World trade is going through a seismic shift — and nobody knows how it will end up

NAFTA, Brexit, countries around the world are redefining their trade relations, bringing uncertainty the global economy does not need

Brace yourselves, investors: We're about to experience the steepest rate hikes since 2006

Wall Street economists are telling investors to prepare for the biggest tightening of monetary policy in more than a decade

As latest NAFTA meeting begins, Goldman warns U.S. will likely exit accord

Goldman Sachs said it expects Trump will ultimately announce his intention to exit NAFTA, with fresh tensions emerging at the next full negotiating round in January

How a Canadian company came up with Fingerlings, this year's hottest Christmas toy

Montreal-based WowWee Canada appears to have found the magic formula to what makes a best-selling toy with Fingerlings, a line of animatronic baby monkeys

CanniMed seeks regulatory action against Aurora's hostile takeover bid

CanniMed says it has applied to securities regulators in Ontario and Saskatchewan asking that Aurora's hostile offer be considered an 'insider bid,' and be treated as such

Canadian financial companies pledge $2.9 billion to overseas coal plants as feds push phase-out

A report from Friends of the Earth Canada lists six Canadian financial companies, including RBC and the Canadian Pension Plan, among the top 100 investors in new coal plants

GGP rejects Brookfield's US$14.8-billion bid as talks continue

The head of Brookfield's parent company said the process to acquire the remaining stake in GGP may take months

Provinces, feds square off over who should get lion's share of legalized pot tax proceeds: 'We need to cover our costs'

A squabble over how best to divvy up the proceeds of Canada's coming legal-weed windfall is about to intensify as finance ministers gather for talks in Ottawa

Bitcoin spot price pares losses as futures trading starts

The futures contracts may open the door to greater inflows of institutional money, while also making it easier to bet on bitcoin's decline

Making the case for the small banks to have the same capital rules as the Big Six

Barry Critchley: On Friday, OSFI announced the final pieces of the Basel III reforms have been released

Boeing says dispute with Bombardier still on despite Liberal plan to buy used jets

Boeing, noticeably silent in recent weeks as talk of the Australian fighters heated up in Ottawa, finally broke its silence Friday in a carefully worded statement

Canada should be wary of China's efforts to interfere in its affairs amid pursuit of trade, says former envoy

Under Xi, China has undertaken a co-ordinated campaign known as the 'united front' to influence events in foreign countries, including Canada

'They fired thousands of people in one fell swoop': YouTube advertising crackdown puts some creators out of business

YouTube's crackdown on inappropriate material is inadvertently depriving some creators of as much as 80% of their monthly sales

Scratch-and-win lottery kings are finding a big jackpot in instant gratification

U.S. scratch sales rose 7.4 per cent to US$44.7 billion in 2016 from a year earlier while sales for Canadian lotteries rose 4.8 per cent to $2.2 billion

Ever heard of Hoed & Shouders? Chinese knock-offs of famous brands crowd shelves in Venezuela

There's an alternative-universe bonanza of copycats from China with labels that read like brand names tossed into a blender on once-empty shelves in Venezuela

WestJet has a radical — and risky — plan to get you on its planes

The Canadian carrier is starting a war with low-cost, no frills upstarts while also wooing the wealthy

$53 billion Brexit deal struck, clearing path for tough trade talks

The divorce will cost Britain $53 billion and critics say the UK gave up more than it gained

NEB rules in favour of Trans Mountain on Burnaby bylaw impasse

The NEB said the company didn't have to comply with two sections of Burnaby's bylaws related to preliminary plan approvals and to tree cutting permits

Goodfood Market Corp. celebrates its first full year as a meal kit company

The idea of customers selecting the food they want based on recipes supplied by the company and then having it delivered is taking off

Watchdogs to probe surge in equity trade 'internalization' at big banks, dealers

The aim is to determine whether these transactions, in which the same dealer is on both sides of the trade, cause any disadvantage to market participants

DavidsTea evaluating options, including sale, just two years after going public

DavidsTea says its losses surged 30 per cent to $6.5 million from $5 million a year ago

Budweiser maker reserves 40 Tesla electric trucks, follows other high-profile companies

A range of trucking, grocery, and retail companies have reserved at least 117 Tesla Semi trucks, according to a new tally

U.S. rules against Canada softwood in final decision, hefty duties to remain

The ruling virtually ensures that hefty duties on the building material will remain in place for five years

Canada open to a two-way trade pact with the U.S., Trudeau says as he leaves China without a deal

The Canadian government has repeatedly said it was committed to working with Mexico to renew Nafta, but officials have sometimes signaled a willingness to consider a two-way pact

Canadians net worth surges almost 15% in four years, but our biggest asset is also our biggest debt

On the bright side almost 30% of Canadian families are debt-free

Loonie could climb back up to 83 U.S. cents if NAFTA uncertainty clears

The currency has lost its tight link with the price of oil, one of Canada's major exports, in recent months

There's an $814 million mystery near the heart of the biggest bitcoin exchange

It's the state of crypto in late 2017, where questions about the companies behind the currencies are multiplying with the profits

Trust in charities is high, but most donors unsure how much of their money is spent on causes: Forum poll

Most Canadians either over- or under-estimate what percentage of their donations actually goes to the cause, according to a poll by Forum Research

Demise of athleisure greatly exaggerated as Lululemon sales surge

Lululemon, which has 388 stores in North America and is expanding into Asia, said market growth in China was up 450 per cent in the quarter

After a three-month drought, now comes the rate-reset deluge

Pembina Pipelines, Brookfield Office Properties, Enbridge Inc. and Kinder Morgan Canada have all placed issues recently

So long, loonie: Our currency dives almost half a cent after Bank of Canada hints of more holds

Chances of a rate hike in January fell to 28% from 41%

Brexit chaos is casting dark cloud over every aspect of business

The head of the UK's main business lobby group said financial firms will start to make their "no turning back" decisions in January

Bank of Canada holds interest rate at 1%, and signals more caution to come

Global economy faces 'considerable uncertainty', especially on shifting trade policy, central bank says

'They are now way behind Amazon and Walmart': Challenges mount at Hudson's Bay as losses almost double

The country's oldest retailer disappointed investors by nearly doubling its third-quarter losses on Wednesday while overall sales at the owner of Saks, Lord & Taylor and Kaufhof in Germany slid 4.2 per cent

Laurentian Bank CEO says problematic mortgages largely involve misflagged loans

Laurentian Bank CEO says the bank has not found evidence of wilful wrongdoing

Hudson's Bay plunges after it reports $243 million third-quarter loss, sales down from last year

HBC shares fell 13% just after the open in Toronto

Wal-Mart to change name to reflect shift from bricks and mortar to increasing emphasis on online sales

The retailer will change its legal name to Walmart Inc. on Feb. 1, supporting its aim to serve customers both in physical stores and online

Bank of Canada leaves rate on hold: Read the official statement

The Bank of Canada today maintained its target for the overnight rate at 1 per cent. Here is the Bank's official statement

First Nations bond deal breaks ground for Indigenous Canadians, sets stage for future business partnerships

It took three years to engineer a deal that turned First Nations communities into owners of a 49% in a Suncor storage facility, and the bond market played a crucial role

Hudson's Bay Co reports $243 million third-quarter loss, with sales down from last year

HBC said job cuts made as part of its transformation plan caused some operational challenges, particularly in its digital business

Dollarama beats expectations as sales continue to rise

The Canadian discount giant now has 1,135 stores, up from 1,069 stores a year ago