Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion.Postmedia A US$10 billion mega-deal to merge two of the world’s premier gold companies may bring legitimacy and, with it, investors back to the largely depressed sector in Canada, experts say. On Monday, Colorado-based…
Stock
Firm that crushed competition on investment returns last year wants to start one of Canada’s biggest hedge funds
Traders don’t need Mnuchin to tell them equities are in trouble after he spends the weekend quizzing bank CEOs on their liquidity
It could be worse: An optimist’s guide to investing in 2019
Business & Finance
With six-figure income and growing savings, this couple still worries their future is bleak
Situation: Despite six-figure income and growing savings, couple worries their future is bleak Solution: Set up RESP for son, develop wife’s RRSP, learn investing and tax rules In Alberta, a couple we’ll call Mary, 37, and Ralph, 45, are raising their child, Ethan, age 2. Both researchers in communications, they bring home $8,563 per month…
Funds
Deciem founder Brandon Truaxe dead at 40
Deciem founder Brandon Truaxe is shown in this undated handout photo posted to Instagram. Truaxe has passed away at age 40.Handout/The Canadian Press TORONTO — The chief operating officer of Toronto beauty brand Deciem says the company’s founder Brandon Truaxe has died. In an email to The Canadian Press, Stephen Kaplan confirmed that 40-year-old Truaxe,…
Bonds
Fixations: Why this retail exec is going to the dogs — in a good way
Marcello Leone with his dogs, in his RYU office: "Success is never straight."Ben Nelms for National Post Marcello Leone: RYU (Respect your Universe) CEO and president talks about his love of tribes, both at work and at home. FPM: How has the apparel market changed during your career? Leone: I started selling shoes when I…
Commodities
Five things you should know before starting your work day on Nov. 29
An order for two unit trains could ship out 120,000 bpd of crude and reduce the oversupply in storage.Brent Lewin/Bloomberg Good morning, everyone! Two stories look at different perspectives on how to solve the oil oversupply and, hence, its deep Canadian discount: Alberta’s going it alone on an order for trains, but curtailing production is…
Currencies
Why we need data rights: ‘Not everything about us should be for sale’
The issues related to human rights in digital spaces are complex.Becky Guthrie/National Post Canada has a rich history of innovation, but in the next few decades, powerful technological forces will transform the global economy. Large multinational companies have jumped out to a headstart in the race to succeed, and Canada runs the risk of falling…