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It’s Monday, July 6. Here are the top stories we’re following today.
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Alberta Premier Danielle Smith and Ontario Premier Doug Ford are proposing a new 500,000 barrel a day oil pipeline that would stretch from Western to Central Canada, a concept that parallels the cancelled Energy East project.
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Rogers Communications Inc. has struck a deal to become sole owner Maple Leaf Sports & Entertainment, paying a premium to Kilmer Sports Inc. for its 25 per cent in a transaction that will allow Rogers to roll its multi-billion-dollar sports and media assets into a single entity.
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In six months, the federal government’s ban on foreign ownership of Canadian housing expires, and hopes are high in real estate circles that Ottawa will let it lapse.
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Instead of evaluating an investment based on its current risk and return profile, we begin to defend it, writes Martin Pelletier.
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In its quarterly Business Outlook Survey and Canadian Survey of Consumer Expectations, the Bank of Canada said elevated oil and energy prices have driven an increase in business’ and consumers’ inflation expectations.
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