Industry

Upcoming retirees are aspiring biz owners

Almost half of aging Canadians envision becoming entrepreneurs during retirement.

By Staff |January 29, 2013

2 min read

Canada should hedge against commodity risk: CIBC

Canada’s resource-rich provinces should consider hedging against commodity risks, even if it means giving up part of the revenue windfall when prices are high, reports CIBC World Markets Inc. “Resources are called cyclicals for a reason, and provincial finance ministers are now acutely aware that a bountiful surplus can turn into a gaping deficit in […]

By Staff |January 29, 2013

3 min read

Equity returns propel Canadian pensions: RBC

Global equity and real estate returns boosted Canadian pensions in Q4 2012.

By Staff |January 29, 2013

2 min read

Buffett wanted to buy the NYSE

Was Warren Buffett interested in buying the NYSE before it was sold to IntercontinentalExchange for $8.2 billion? Turns out he was, reports ft.com. Read: Buffett, Gates, schmooze with NBA players Buffet’s Berkshire Hathaway made an “indicative proposal,” but it was lower than a bid already offered by IntercontinentalExchange. Also, adds ft.com, it was conditioned on […]

By Wire services |January 29, 2013

1 min read

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