According to Catastrophe Indices and Quantification Inc., the cost of insured damage totalled $8.55 billion for 2024, topping ...

A regulator in the United States has charged a unit of the Bank of Montreal (BMO) more than US$40 million for selling ...

Munir also lauds Canada’s talent ecosystem for representing a “tremendous competitive advantage” with direct potential to ...

Overall, Canada’s financial sector raised about $552.8 billion through 946 deals in 2024, the highest amount raised in the past decade and up 19.5 per cent from $462.4 billion in 2023, according to ...

Spain wants non-European Union residents to pay as much as 100 per cent tax for home purchases in the country, a move that could affect buyers from the United Kingdom and Latin America.

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned after meeting the ...

BMO Financial Group has entered a partnership with alternative asset manager Canal Road Group in a deal that will enable the latter to invest up to US$1 billion in direct lending, as the Canadian bank ...

The hotel industry, steadily making its way back from the disastrous pandemic years in which revenues plummeted by an estimated 80 per cent in 2020, was one obvious beneficiary of “the Swift effect,” ...

Mali’s military junta started executing an interim order to seize gold at a mine run by Barrick Gold Corp., escalating a dispute over the West African government’s share of revenues from the project.

The federal program, known as Incentives for Zero-Emission Vehicles (iZEV), was scheduled to expire in March 2025 or until funds ran out. A separate incentive program for businesses purchasing trucks ...

Billionaire investor Bill Ackman has said he is seeking to build a “modern-day Berkshire Hathaway ” that takes control of companies in an attempt to transform his hedge fund into a diversified ...

Bank of America Corp., which previously projected two quarter-point Fed rate cuts this year, said it no longer expects any, ...