David Blair
@davidblaircbc
ID: 352411109
10-08-2011 15:48:01
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Interest rates are going up in Canada. Bank of Canada hiked rates by 1/4% this morning to an overnight rate of 1.5%. Get ready to pay more for your variable rate mortgage or lines of credit.
Canadian, Mark Carney, will NOT be leaving his position as Governor of Bank of England . Confirmed this morning he will stay on until 2020. More: tgam.ca/2Qr3s6m
Canadian retailer Hudson's Bay | La Baie d'Hudson is expanding its European operations. Company signs joint venture with Austria's Signa to run Karstadt Warenhaus @KARSTADT_1881) More: bit.ly/2CGZbcc
Cda's energy firm Encana Corporation buying US oil producer Newfield Exploration for 5.5 B $ in an all-stock deal. Encana assumes 2.2B$ in Newfield debt. Gets 3 important assets in US. Encana stock tumbles 13% in pre-market. reut.rs/2P4mH8H
Husky Energy walks away from MEG Energy takeover bid Shares jump Husky Energy 14% at the open Shares tumble MEG Energy 37% as the company now has no buyer
Former @SNCLavalin Chief Executive, Pierre Duhaime pleads Guilty in Montreal hospital bribery case
Canadian oil and gas producer Encana Corporation is changing its name and setting up corporate offices in the US. Encana's new name will be Ovintiv. So much for "(En)ergy (Cana)da".
Plane & Train-maker Bombardier is shedding parts of its business. It is selling its aerostructures division to Spirit AeroSystems for about 500 M $. Spirit AeroSystems will take on aftermarket activities, maintenance, repair and overhaul facilities in UK, Morocco & Dallas