Posthaste: Gas prices be damned, Canadians plan to spend 18 hours on road trips this summer

Canadians intend on spending 18 hours behind the wheel on road trips this summer despite volatile gas prices. That’s about the time it would take to drive from Vancouver to…

Brookfield and CPPIB team up to buy US$5.2 billion industrial REIT

Two of Canada’s largest institutional investors are paying US$5.2 billion to acquire LXP Industrial Trust, a New York-based company with…

Why it’s too early for the Bank of Canada to ‘lower its guard’ on inflation and interest rates

Lower gasoline prices helped to cool June inflation to 2.8 per cent, but there were slowing price pressures elsewhere, say…

Posthaste: Brace yourself, we’re about to be hit by what could be the mother of all supply shocks

There’s a new threat on the horizon that could soon sweep the world, raising food and energy prices and disrupting…

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U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties

A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the…

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National Bank weighs SRT tied to project finance deals

National Bank of Canada is assessing investors’ appetite for a significant risk transfer deal, adding its name to a growing list of lenders exploring the…

Gold miner Cadillac, backers raise $385 million in Toronto IPO

Cadillac Mines Corp. and some of its backers raised $385 million in an upsized initial public offering , adding to the mining-driven rebound of listing…

Posthaste: Confident you can detect fraud? That may put you at risk

Canadians are growing increasingly confident in their ability to detect fraud, but their hubris may be putting them at risk. Nearly 90 per cent of…

U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties

A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project…

Posthaste: Why the Bank of Canada might hike rates more than any of its peers next year

Oil’s wild price swings this summer have been playing havoc with central bank expectations. Crude prices soared to more than US$100 last week after the…

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