Risk & Compliance
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Barrick Gold reaches deal for Acacia Mining after raising offer for company
Barrick will swap 0.168 of a Barrick share for each share of Acacia in a transaction that values the company at about $1.56 billion
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Budweiser brewer sells Australian unit to pay off debt
The company has accrued about $100 billion in debt after going on an acquisition spree, including the purchases of Anheuser-Busch and SABMiller
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Volkswagen plant in Chattanooga hires new CEO
In the coming months, Tom du Plessis, an 11-year vet with Volkswagen, will oversee two new vehicle launches and an $800 million expansion
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B.C. posts $1.5B surplus as tax revenue increases and real estate market cools
The increased revenue reflected economic growth, household income growth and higher income tax assessments, not just government intervention, says finance minister
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Firms know little about trade deals as Canada pushes to diversify: federal survey
CETA who? Small- and medium-sized exporters have a low awareness of free-trade agreements. The exception is NAFTA
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Facing Trump’s tariffs, some companies move, change or wait
Numerous businesses say they’re delaying investment decisions and reviewing their business relationships
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‘Surprising and disappointing’; data gap on gender, minorities at top firms
As of Jan 1. 2019, none of the Canada’s TSX 60 companies were headed by a woman and two-thirds did not include a single female among their top earners
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Natural gas producers demand government action in open letter to Kenney
The letter proposes a scheme in which gas producers manage their production on a voluntary basis to balance supply with system capacity
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Ontario writes off $445M in old Chrysler debt from bailout
The write-off forms the bulk of the Ontario government’s annual write-off of $607 million for last year
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Trudeau, Tusk open talks at EU summit on Canada-EU trade agreement
CETA would give Canadian businesses preferred access to 500 million European consumers and a $24-trillion market
