Financial Post (42)

HBC CEO Jerry Storch is leaving retailer Nov. 1

Former chief Richard Baker to take on duties until replacement is found

Responsible investing will be replaced by 'investing with no prefixes'

Barry Critchley: Looking at environmental, social and governance issues will be the way things are done

Retail drop, subdued inflation put Bank of Canada rates on hold

The retail sales number was the big disappointment

Half of all Tim Hortons Canadian franchisees have joined GWNFA, group president says

Bitter dispute grows as Great White North Franchisee Association says it's not the 'small group of disgruntled store owners RBI would have you believe'

As the ski industry consolidates, not everyone is a winner

Multi-mountain season passes can be a great value for die-hard skiers, but independent mountains and once-a-year vacationers may be paying the price

Concordia International Corp shares plunge as it seeks to restructure its debts

The Canadian pharmaceutical company says the move is an effort to protect its business, preserve cash and get more time to negotiate with lenders

Canada's inflation is up, but retail sales are down

OTTAWA — Canadian consumer prices picked up their pace last month as the annual inflation rate moved up from very low levels and closer to the Bank of Canada's ideal target of two per cent, Statistics Canada said Friday. Higher gasoline prices helped push the annual inflation rate in September to ...

'I'm sad that Sears is closing, but that's besides the point': Bargain hunters not impressed as final sale begins

I'm one of the reasons they have gone downhill. I shop a lot online — Amazon is my favourite retailer,' said one bargain hunter

'I'm sad that Sears is closing, but that's besides the point': Nostalgic bargain hunters await deeper discounts as Sears' final sale begins

I'm one of the reasons they have gone downhill. I shop a lot online — Amazon is my favourite retailer,' said one bargain hunter

Whistler Blackcomb's journey to becoming part of Vail Resorts a buy-and-hold success story

If you bought in on the IPO, in rough terms and ignoring dividends, $12 has been turned into almost $45

If NAFTA dies, the old Canada-U.S. free trade agreement would live on, right? Not so fast, Canada

The idea that the old 1987 free trade deal will snap back into place if NAFTA fails is increasingly prevalent — it's also wrong, experts say

How can a country find itself half a trillion poorer overnight? Tracking Britain's missing billions

Some 500 billion pounds has fallen off Britain's balance sheet. Tim Wallace looks at why investment in to and out of the UK matters

Shopify is expanding in Waterloo, adding new building and up to 500 new workers

The new hires will focus on growing Shopify Plus, the company's platform designed to accommodate the world's largest retailers

If NAFTA dies, old Canada-U.S. FTA would live on, right? Not so fast, Canada

The idea that the old 1987 free trade deal will snap back into place if NAFTA fails is increasingly prevalent — it's also wrong, experts say

Royal Bank of Canada shares join the $100 club, despite splitting four times

Royal Bank of Canada and Onex Corp. both traded above $100 this week

Calgary's vacancy rates expected to jump again as ATCO moves its headquarters to the suburbs

The move is expected to increase the vacancy rate in the Beltline by 4.5 per cent, bringing the area's commercial vacancy rate up to 25 per cent – which would be identical to neighbouring downtown Calgary's current vacancy rate.

Scotiabank said to be mulling sale of the world's oldest gold trader

The FT reports that the bank decided to sell after a massive money laundering scandal

Swift firings of Faber and Weinstein show boards are — finally — ready to reprimand bad behaviour

The number of CEOs who have been fired in the U.S. and Canada for ethical lapses more than doubled during the past five years, according to a study by consulting firm PwC — a signal that either CEO behavior is getting worse or boards are getting less tolerant

Roots Corp cuts its IPO price to $12 from $14 target, insiders say

The retailer still raised $200 million after selling shareholders increased the amount of shares offered

'There's no silver bullet here': Global financial firms still grappling with fintech challenge, report finds

Among Canadian firms surveyed, there was an overwhelmingly view that fintech is the greatest source of disruption in the industry

Central banking leadership flux looms as global economy facing combustible challenges

The Federal Reserve, the Bank of Japan and the People's Bank of China may all have new bosses in early 2018 and there will be a new head of the European Central Bank the following year

Half a trillion pounds disappear from Britain's coffers in stunning writedown that equals a quarter of nation's GDP

Its supposed surplus up in smoke, the UK is in a much weaker position going into Brexit than anyone realized

NAFTA tensions erupt: Countries admit talks struggling, push deadline into 2018

Proposals from the latest round of talks revealed huge chasms in negotiating positions, on everything from dairy and autos to even the basic architecture of an agreement

Bond and equity carve-outs: Small players need not apply

An offering of convertible debentures by Osisko Gold Royalties and an offering of bonds by the province of N.B. tapped large quantities of capital

Sears retirees granted first step towards pension plan wind-up

The judge presiding over the retailer's insolvency proceedings ruled that no creditors will be paid until the pension issue has been resolved

Liberals pare down scope of passive-income measure for small business

Finance Minister Bill Morneau is expected to provide further details Wednesday on the changes to its passive-investment proposal, including a timeline and a plan for addressing the concerns of angel investors and venture capitalists

Sprott asks Gloom, Boom & Doom's Marc Farber to leave board over racist note

In his report, Faber argued that 'the U.S. would look like Zimbabwe' if it had been settled by black people instead of whites

'Real concerns' with bitcoin, but 'fraud' not one of them: RBC's McKay

CEO's comments counter those of JPMorgan chief meanwhile banks part of network that will use blockchain to handle cross-border payments

Donald Trump comes through for Alberta again with a presidential permit for a second Canadian oil pipeline

Enbridge says it welcomes the news, which will allow it to ramp up the flow on the line — also know as Alberta Clipper — to as much as 890,000 barrels per day from the 450,000 capacity of the old permit

Canada's banking watchdog sets tougher rules for mortgage lending

Starting in January, new regulations will make it tougher for Canadians to qualify for uninsured loans, affecting consumers with down payments of 20% or more

Quinsam finds financing to get into marijuana business

Quinsam plans to use the $2.4 million raised from the current offering to buy financial interests in cannabis companies

Ottawa to cut small-business tax, simplify reforms after uproar

The announcements are just the start of a week-long effort to stanch the bleeding from a self-inflicted political wound

Loblaw lays off 500 office workers in cost-cutting drive

Grocer faces growing pressures from both new costs and competition

Big week of data could signal where Canada's economy — and interest rates — are headed

Worried about rising interest rates? Here's what to watch

The Sears liquidation could ruin Christmas for other Canadian retailers

Sears Canada also confirmed that it will not be able to honour its existing extended warranties on big-ticket products once the liquidation sale begins

Hudson's Bay Co gets hammered after Nordstrom puts off privatization plan

Shares hit six-week low with some analysts attributing the drop to rival Nordstrom's failed attempt to go private

The investor behind The Big Short says Canada is 'ripe' for a severe housing correction

Steve Eisman, who rose to fame betting against collateralized debt obligations, says there's evidence Canada's housing market is starting to turn over

Business sentiment slips from strong summer high, Bank of Canada survey finds

OTTAWA — The Bank of Canada says business sentiment is showing signs of tapering off following the stronger expectations companies held about the future three months ago. However, the central bank says its quarterly survey of companies still suggests firms' outlooks remain healthy — particularly ...

Sears Canada liquidation sales expected to start Thursday as executive chairman steps down

Sears Canada has been operating under court protection from creditors since June

Nordstrom family suspends attempt to take retailer private until after holiday season

Nordstrom's founding family is having difficulties in arranging funds for the deal ahead of the holiday season

Liberals to cut small business tax to 9%, unveil changes to reforms

The prime minister and finance minister will announce today changes to the tax reform proposals in a bid to re-establish the Liberals as the champions of middle-class Canadians

The Great Recession is about to overtake the Great Depression

The world is not recovering from the worst downturn in 70 years like it did from the Dirty Thirties