Canadian factory sales rose in February to the highest level since before the last recession on gains in transportation and energy, while unfilled and new orders posted their biggest advances since at least 1992.
Turquoise Hill Resources Ltd., the miner controlled by Rio Tinto Group, said all parties in the Oyu Tolgoi copper mine in Mongolia agreed to seek a funding extension for the underground expansion amid talks with the government.
Dave Bustos, Royal Bank of Canada Capital Markets managing director and head of the Vancouver office is now a managing partner at Fort Capital Corp., according to Vlaad and Co., a Toronto-based financial services recruiting firm.
Goldcorp Inc., the world’s second- biggest gold miner by market value, raised its hostile bid for Canada’s Osisko Mining Corp. to about C$3.29 billion ($3.01 billion) to compete with an offer by Yamana Gold Inc.
The worst showing by Canadian hockey teams in 41 years isn’t just a downer for fans. It means lost revenue for BCE Inc. and other media companies that are spending at least C$6.5 billion ($5.9 billion) on teams and broadcast rights to profit from the country’s national obsession.
Declines in housing starts and building permits data suggest Canada is headed for the soft landing in real estate that policy makers have forecast, damping concern that a rapid fall in home prices could hobble the world’s 11th-largest economy.