TransForce Inc. fell to its lowest level in more than three months after the logistics and trucking company reported quarterly sales trailing analysts’ estimates and said it doesn’t expect business to improve for the rest of the year.
The company hired to find a replacement for departing Bank of Canada Governor Mark Carney is looking for a star external candidate, even as consensus builds around Senior Deputy Governor Tiff Macklem as the front-runner for the job.
Copper Mountain Mining Corp. is offering buyers a potentially irresistible combination: the cheapest valuation in three years and the ability to extract metal without the threat of civil unrest in such places as Indonesia and Peru.
Laurentian Bank of Canada, the country’s seventh-biggest lender, said it hired former Wellington West Capital dealmakers Kevin Hooke and Tyler Wirvin to expand its investment banking business to Winnipeg, Manitoba.
Canada’s banks, recognized as the world’s strongest after a year of record profits and rising share prices, will begin to show the effects of a slackening in domestic consumer lending when they report first-quarter results next week.