canadian banks

Toronto stock exchange kills merger deal with London


June 30th, 2011 - 9:02 am ICT by IANS
Toronto, June 30 (IANS) The Toronto Stock exchange (TSE) has terminated its proposed merger with the London Stock Exchange as two-thirds of its shareholders didn't back the $3.7 billion merger ... Read more...

Posted in Business |

Canadians evoke patriotism to stop London bourse


June 14th, 2011 - 10:37 am ICT by IANS
Toronto, June 14 (IANS) Opposition to the proposed acquisition of the Toronto Stock Exchange by the London Stock Exchange got ugly Monday as a rival Canadian group launched a hostile ... Read more...

Posted in Business |

Toronto, London stock exchanges set merger vote date


May 26th, 2011 - 10:59 am ICT by IANS
Toronto, May 26 (IANS) Even as the Toronto Stock Exchange and the London Stock Exchange Wednesday announced to hold special shareholder meetings June 30 to seek vote on their proposed ... Read more...

Posted in Business |

Toronto exchange rejects rival bid, wants merger with London


May 21st, 2011 - 11:38 am ICT by IANS
Toronto, May 21 (IANS) With its merger with the London Stock Exchange still awaiting nod from the Canadian government, the Toronto Stock Exchange Friday rejected a rival bid by a ... Read more...

Posted in Business |

Toronto-London bourse merger iffy after rival offer


May 16th, 2011 - 12:37 pm ICT by IANS
Toronto, May 16 (IANS) The proposed merger of the Toronto Stock Exchange with the London Stock Exchange may be in trouble as a Canadian group has made a rival offer ... Read more...

Posted in Business |

65 percent top banks ‘back to business’


April 13th, 2011 - 1:36 pm ICT by IANS
Toronto, April 13 (IANS) In a cheering news for the financial world, two-thirds of the world's top banks say they are back to business as usual after the global economic ... Read more...

Posted in Business |

Gaddafi stashed away $2 bn in Canadian banks


March 1st, 2011 - 4:10 pm ICT by IANS
By Gurmukh Singh Toronto, March 1 (IANS) Libyan leader Muammar Gaddafi has stashed away more than $2 billion in Canadian banks, according to a media report here Monday.Canada's CTV News network said the ... Read more...

Posted in Business |

Canada pre-empts Gaddafi plan to withdraw millions from banks (Lead)


February 28th, 2011 - 1:45 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 28 (IANS) Canada imposed sanctions on Libya in a swift Sunday night move after reports that embattled Libyan leader Col Muammar Gaddafi and his family were planning to ... Read more...

Posted in World |

Canada sanctions freeze Gaddafi’s millions in its banks


February 28th, 2011 - 12:13 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 28 (IANS) Canada Sunday joined the UN and the US in imposing sanctions on Libya.The sanctions Prime Minister Stephen Harper announced will freeze millions of dollars reportedly held ... Read more...

Posted in World |

BlackBerry stock shoots up on Citigroup upgradation


February 17th, 2011 - 2:06 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 17 (IANS) Buoyed up by big gains by energy, financial and tech stocks Wednesday, the Toronto Stock Exchange (TSX) surged over 14,000 points for the first time since ... Read more...

Posted in Sci-Tech |

Cheaper Indian goods in Canadian market after free trade deal


November 13th, 2010 - 1:41 pm ICT by IANS
By Gurmukh Singh Toronto, Nov 13 (IANS) India will join China in filling up Canadian stores with cheaper goods once New Delhi and Ottawa sign a free trade agreement to do away with ... Read more...

Posted in Business |

Indo-Canadian MP faces criminal probe in mortgage fraud


May 14th, 2010 - 10:18 am ICT by IANS
By Gurmukh Singh Toronto, May 14 (IANS) Canadian police Thursday launched criminal investigations against Indian Canadian MP Devinder Shory and dozens of others named in the country's biggest mortgage fraud.In its lawsuit filed ... Read more...

Posted in World |

Indo-Canadian MP named in $120 mn bank fraud


May 6th, 2010 - 12:19 pm ICT by IANS
Toronto, May 6 (IANS) Devinder Shory, Canada's newest MP of Indian origin, has been named in a $120 million mortgage fraud. Shory, 51, who was elected to the Canadian parliament for the first ... Read more...

Posted in Politics |

Record profits by Canadian banks amid recession


August 28th, 2009 - 4:32 pm ICT by IANS
Toronto, Aug 28 (IANS) There is no economic downturn for Canadian banks. Confirming the robustness of the country's banking system, two top banks posted biggest-ever profits Thursday.The Royal Bank of Canada (RBC), which ... Read more...

Posted in Business |

Canada’s jobless rate jumps to 8.6 percent


July 11th, 2009 - 12:26 pm ICT by IANS
Toronto, July 11 (IANS) The unemployment rate in Canada, the most robust of all G8 economies during the current global crisis, has jumped to 8.6 percent, a national report here has said. Releasing ... Read more...

Posted in Business |

Obama keen to use Canadian model to end US fiscal meltdown: Canada paper


May 6th, 2009 - 5:01 pm ICT by ANI
New Delhi, May 6 (ANI): US President Barack Obama, contemplating sweeping reforms to the American financial system, citing Canada as a model worth emulating to navigate the current volatility in the ... Read more...

Posted in National |

Canadian markets up 13 percent as rally continues


March 18th, 2009 - 9:33 am ICT by IANS
Toronto, March 18 (IANS) Canadian markets continued their rally on the sixth consecutive day Tuesday, with rising oil pricing and financial shares boosting investor confidence. On the world energy leader Toronto Stock Exchange, ... Read more...

Posted in Business |

Big gains for Canadian markets


March 13th, 2009 - 10:28 am ICT by IANS
Toronto, March 13 (IANS) With oil prices staying firm above $45 and financial shares rising, the Canadian markets maintained positive gains of the past three sessions Thursday. The composite index on the Toronto ... Read more...

Posted in Business |

World energy leader bloodied to five-year low


March 7th, 2009 - 10:50 am ICT by IANS
By Gurmukh Singh Toronto, March 7 (IANS) Canadian markets, which are the world leader in oil and gas with over 400 top global companies registered, ended their worst week in five years Friday ... Read more...

Posted in Business |

Big profits by Canadian banks despite meltdown


February 27th, 2009 - 11:32 am ICT by IANS
Toronto, Feb 27 (IANS) Despite the global meltdown, three top Canadian banks posted huge profits Thursday, pushing the markets up for the second consecutive day. Though reporting a 15 percent fall in its ... Read more...

Posted in Uncategorized |

Bank CEOs in Canada forego bonuses


February 3rd, 2009 - 9:32 am ICT by IANS
Toronto, Feb 3 (IANS) Even as their US counterparts have been slammed for their ``shameful'' behaviour by President Barack Obama for taking billions of dollars in bonuses, top Canadian bank CEOs have ... Read more...

Posted in World |

Canadian banks, finance minister bicker over lending


December 24th, 2008 - 12:58 pm ICT by IANS
Toronto, Dec 24 (IANS) With the Canadian finance minister blaming them for not giving enough loans to stimulate the economy and issuing an ultimatum, major banks have hit back, issuing reports and ... Read more...

Posted in Business |

Falling crude prices hit Canadian project, dollar


December 5th, 2008 - 11:05 am ICT by IANS
Toronto, Dec 5 (IANS) The Canadian oil sector, which has oil-sand deposits second only to that of Saudi Arabia, suffered a big blow Thursday with a Norwegian compnay pulling out of a ... Read more...

Posted in Uncategorized |

Canada to hold world’s first T20 quadrangular series


July 18th, 2008 - 11:09 pm ICT by IANS
By Gurmukh Singh Toronto, July 18 (IANS) Canada will hold the world's first Twenty20 quadrangular series next month involving Pakistan, West Indies, Bangladesh and the host team. Held Aug 14-17, the Twenty20 series ... Read more...

Posted in World |

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