Valeant puts lead director in charge of reviewing allegations of wrongdoing

MONTREAL – Valeant Pharmaceuticals has assigned its lead director to head an internal review of allegations into the drug maker’s business relationship with Philidor – one...

Surplus to deficit and back: Take a ride on the Alberta budget roller coaster

EDMONTON – Alberta’s NDP government is to table its first budget on Tuesday. Here is a recent history of Alberta budgets: 2008-2009 (tabled April 22, 2008)...

Bangko Sentral to change P100 color

Manila—The public often mistake the violet P100 bill from the blue P1000 bill, giving out the larger bill instead of the smaller ones and vice versa....

Oilpatch firms in for an ugly third quarter as crude doldrums linger

CALGARY – A bevy of oilsands producers are on deck to report their quarterly earnings over the next few weeks – and industry watchers are under...

Scotiabank tells employees that some regional processing offices to close

TORONTO – Scotiabank is telling employees to get ready for certain offices to close over the next two years as it concentrates its workforce in two...

Roundup: Canadian stock market rises as ECB hints further economic stimulus

TORONTO – Canada’s main stock market in Toronto Thursday rebounded from a big slump in the previous day after European Central Bank (ECB) President Mario Draghi...

New Flyer gets Massachusetts bus contract valued at up to US$477 million

WINNIPEG – Bus builder New Flyer Industries Inc. (NFI) says it has been awarded a contract by the Massachusetts Bay Transport Authority valued at US3 million,...

Teck Resources writes down assets by $2.2 billion due to lower commodity prices

Belgium’s Princess Astrid part of economic mission to B.C., Alberta next week

VICTORIA – British Columbia and Alberta will host Belgium’s Princess Astrid and more than 200 business and state leaders during a week-long visit, starting Sunday. Canada...

Bombardier signs deal to sell locomotives to Israeli Railways