Canada’s Dollar Gains Against Euro Amid Moody’s Spain Credit Rating Review
Canada’s dollar rose for a second day versus the euro, approaching the strongest level in three months, after Moody’s Investors Service said it’s reviewing Spain’s debt rating for a possible cut.
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Canada to Extend Afghan Military Mission for Training Role, Harper Says
Canadian Prime Minister Stephen Harper said he will extend the country’s military mission in Afghanistan to help secure gains in the country.
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Canada Environment Minister Prentice Stepping Down, CBC Television Reports
Canada’s Environment Minister Jim Prentice is stepping down, CBC Television reported today.
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Canada’s Financials Miss Out on Biggest Rally Since January: Canada Credit
Canadian borrowers are missing out on the biggest global rally in financial company bonds since January, as investors shun the debt in favor of better values in Europe’s fixed-income markets.
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Taqa Canada Unit Renews Credit Line to Finance Growth (Update1)
May 23 (Bloomberg) — Abu Dhabi National Energy Co. ’s Canadian unit renewed a three-year revolving facility as it seeks to increase drilling at oil and natural gas deposits in North America this year.
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R.J. Reynolds Settles Cigarette Smuggling Charges in Canada
April 13 (Bloomberg) — R.J. Reynolds Tobacco Co. will pay Canada’s government C$325 million to settle all civil claims by federal, provincial and territorial governments related to cigarette smuggling in Canada during the 1980s and 1990s.
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Canada, Japan Point to Global Restaurant Recovery, NPD Says
March 31 (Bloomberg) — Fast-food sales in Canada, Italy and Japan increased in the fourth quarter, indicating the start of a recovery for the restaurant industry, NPD Group reported.
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Canada Stocks Fluctuate on U.S. Jobs Data; Barrick Gold Climbs
March 31 (Bloomberg) — Canadian stocks headed for a fourth-straight quarterly gain as the benchmark equity index moved between gains and losses after commodity producers gained on a weaker U.S. dollar and banks fell as U.S. job losses overshadowed Canada’s fastest economic growth in three years.
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Quebec Taxes, Spending Freeze May Narrow Spreads: Canada Credit
March 31 (Bloomberg) — Quebec’s move to raise taxes, freeze government spending and raise utility fees in a bid to narrow budget deficits may lower borrowing costs relative to other jurisdictions for Canada’s second-largest province.
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Quebec to Raise Taxes, Freeze Spending to Cut Deficit (Update1)
March 30 (Bloomberg) — Quebec’s Finance Minister Raymond Bachand announced smaller-than-planned deficits for this year and next as the government raised its sales tax, introduced a healthcare levy and increased power rates.
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