Funds articles

LSE and FTS Russell in the spotlight with rumours for possible takeover — and opposition to fee hikes

LSE and FTS Russell in the spotlight with rumours for possible takeover — and opposition to fee hikes

There is talk that a 15 billion pound takeover bid is coming for the London Stock Exchange.Bloomberg There may not be a connection but it sure makes for interesting reading. We are referring to the news, speculative at this stage but a prominent item in the British press, that a 15 billion pound takeover bid

Easy money will be around for ‘some time yet,’ says Bank of Canada chief Stephen Poloz

Stephen Poloz, governor of the Bank of Canada, at the World Economic Forum in Davos, Switzerland, on Friday.Simon Dawson/Bloomberg Bank of Canada Governor Stephen Poloz said central banks aren’t going to aggressively tighten policy because there are still underlying vulnerabilities in many economies. Calling this the “‘end of easy money’ is a little too simple,”

Morneau vows to keep Canada competitive in face of U.S. corporate tax cuts

Finance Minister Bill Morneau says he will make sure the Canadian corporate tax rate stays competitive with the U.S.Cole Burston/Bloomberg Canadian corporate tax rates remain competitive after U.S. reductions and Finance Minister Bill Morneau said he will make sure they stay that way. Canada’s average corporate tax rate is about 27 per cent now and

Swiss Chalet owner Cara signs deal to buy upscale steak chain The Keg

Cara Operations says it has signed a deal worth $200 million to buy the Keg steakhouse chain.Postmedia News files TORONTO — Cara Operations Ltd. is beefing up its already large presence in the Canadian restaurant business with a $200-million acquisition of Keg Restaurants Ltd., a move that could help take a bigger bite out of

‘It’s a sign that Canada does have options’: Seafood, mining and forestry to gain from TPP bloc

Justin Trudeau, Canada's prime minister.Jason Alden/Bloomberg Seafood, mining, non-dairy agriculture, forestry and manufacturing industries are set to get a boost as Canada joins 10 other countries to form the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPATPP). Labelled by U.S. President Donald Trump as a ‘job killer’, the TPP was resurrected by the remaining Pacific Rim

Trump swings into action on trade, adds edge to Nafta talks

President Donald Trump signs tariffs on imported solar panels and washing machines.Mike Theiler-Pool President Donald Trump’s threat to scrap the North American Free Trade Agreement could take on a sharper edge now that he’s pulled the trigger on new import tariffs. Trump took his first big step toward erecting trade barriers on Monday by slapping

Twenty years of bank success show folly of mega-merger pursuit

Of late, there haven’t been too many reports featuring the name of Hugh Brown, the legendary bank analyst who toiled for more than four decades with firms associated with Burns Fry Ltd. But that changed this week when BMO Capital Markets — the successor firm to Burns Fry — released a report 20 years after