Tag Archives: Financial

TORONTO — Hydro One Ltd. says chief financial and regulatory officer Chris Lopez is stepping down on June 30 to pursue other opportunities. The company says it will now begin an internal and external search for his replacement. Hydro One says Lopez will remain in his position while the search …

At a time when so many families are struggling to get by, compassion and empathy can go a long way. When Jason Ladouceur, 41, first spoke about his family’s financial struggle to raise awareness about the rising cost of living, he says he never expected it to touch people in …

Descrease article font size Increase article font size The Saskatchewan government is forecasting a $250-million deficit this fiscal year due to higher expenses related to the summer drought. The mid-year financial report says the deficit puts Saskatchewan down $1.3 billion from budget, as the province had initially forecast a surplus …

The former financial services administrator of an Ontario public sector union is countersuing the organization, claiming he didn’t receive any payments he wasn’t entitled to and always upheld his responsibilities. The Ontario Public Services Employees Union is suing former financial services administrator Maurice Gabay, along with former president Warren (Smokey) …

Canada’s financial intelligence agency is stepping up the fight against the illicit wildlife trade by taking aim at the criminals who reap big profits from the global racket. The Financial Transactions and Reports Analysis Centre of Canada, known as Fintrac, is encouraging banks and other enterprises to be on the …

The U.S. Department of Justice says the 34-year-old man was arrested by Canadian police under a provisional arrest request, often the first step in the extradition process. News Source link

The role of private money and industry in preserving enough natural ecosystems to keep the planet functioning will be the focus of talks Wednesday at an international conference on biodiversity in Montreal. While negotiators continue to try to hammer an overall conservation deal, discussions are also scheduled on how global …

Fogo Island has been without a bank since August, and residents are pushing for another. (Patrick Morell/CBC) Fogo Island has been without a bank since August and residents are clamouring for a new financial institution to open so they can avoid a ferry ride and a 130-kilometre drive to Gander …

Interest rates are creeping higher, and the word “recession” is on everyone’s lips. But so far, only a few financial commentators are warning of something much worse that could abruptly change the rules of the game: The threat of a financial crisis. On Wednesday, the Bank of Canada is preparing to announce what’s expected …

As high inflation rates drive up the cost of essentials, consumers are putting purchases small and large on their credit cards to alleviate some immediate financial pressure.  A Tuesday report by credit bureau Equifax Canada shows the practice is driving Canadians into debt as balances begin to outpace the ability …