Financing
Anti-money laundering agency flags bank drafts in shady casino dealings
Criminals are opting for the liquidity and quasi-anonymity of bank drafts, says Fintrac’s recent analysis
U.S. productivity edges down 0.2% in third quarter
Productivity, the amount of output per hour of work, saw its first decline in nearly four years
Wait, so what’s happening in the manufacturing sector?
What manufacturers should do to get the house in order in 2020
German exports rise in October, defying expectations
The unexpectedly upbeat exports report followed data last week showing that factory orders and industrial production both declined in October
Conservatives urge Morneau to deliver ‘urgent’ fall economic update
Reacting to steep job losses, Conservatives want to see a fiscal update before the holidays, including tax cuts for entrepreneurs and a plan to phase out the deficit
Meet the apparel companies holding out against the offshore manufacturing tide
A handful of domestic clothing makers are growing production by targeting niches such as high-end outerwear, eco-friendly manufacturing and a made-in-Canada brand
TD Bank sees slower revenue growth ahead, accelerating efficiency activities
TD bank said that it earned $2.86 billion or $1.54 per share in the quarter ending Oct. 31
Telus to buy German call centre firm Competence Call Center for $1.3B
The deal adds to the valuation of Telus’ international arm, bolstering the case for an initial public offering targeted for the next 12-24 months
GM, Korea’s LG Chem in venture to build factory in Ohio
The joint venture will build an electric vehicle battery cell factory and will work together to bring down the cost for future GM electric vehicles
The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5M
The Ottawa chain has 19 locations, which The Second Cup says will continue to operate under the Bridgehead name
