Jim Flaherty announced yesterday he would be resigning his post as Canadian finance minister after more than eight years on the job. The following are comments from executives, economists and officials on his tenure as Canada’s third longest-serving finance chief.
Barclays Capital, the investment- banking arm of Barclays Plc, named former Canadian ambassador to the U.S. Michael Wilson and ex-RBC Capital Markets Deputy Chairman Bruce Rothney to run its Canadian operations.
Enbridge Inc. is hiring a full-time Ottawa-based lobbyist as the Canadian government nears a decision on the C$6.5-billion ($6 billion) Northern Gateway pipeline project, said a person familiar with the matter.
Testimony by a Bank of America Corp. employee in a New Jersey personal bankruptcy case may give more ammunition to homeowners and investors in their legal battles over defaulted mortgages , Bloomberg News’ Prashant Gopal and Jody Shenn report.