Canada’s financial system in good shape: Carney
Bank of Canada governor stresses that global markets are at a critical juncture
- By: IE Staff
- September 25, 2008 September 25, 2008
- 12:48
Latest news in Research and Markets
TD, BMO best set to buy WaMu
The two banks have the most favourable internal rates of return in a “no premium deal and a capital outlay”
- By: James Langton
- September 25, 2008 September 25, 2008
- 09:54
OECD to push for greater corporate governance standards
The international organization says rebuilding investor confidence is vital to helping the economy get back on track
- By: James Langton
- September 25, 2008 September 25, 2008
- 09:52
Opening bell: Stocks set to rise
U.S. President Bush’s plea to have the bailout adopted is giving investors confidence
- By: IE Staff
- September 25, 2008 September 25, 2008
- 08:30
TSX dips slightly, falls for third straight day
U.S. markets also take a fall on continuing uncertainty about the U.S. financial market
- By: Rudy Mezzetta
- September 24, 2008 September 24, 2008
- 16:31
Merrill Lynch warns of Canadian housing collapse
The situation is mirroring, and even surpassing, that of the U.S. and Britain of the past few years
- By: James Langton
- September 24, 2008 September 24, 2008
- 16:10
Congress’s concerns won’t derail bailout plan
Although its concerns aren’t insurmountable, it will require some careful crafting of the enabling legislation
- By: James Langton
- September 24, 2008 September 24, 2008
- 13:54
Opening bell: Buffett investment into Goldman Sachs sparks confidence
U.S. Treasury secretary Henry Paulson and Federal Reserve Board chairman Ben Bernanke will continue to plead their case to congress on the U.S. US$700-billion bailout…
- By: IE Staff
- September 24, 2008 September 24, 2008
- 08:06
North American stocks fall for second straight day
Uncertainty over the U.S. government’s proposed bailout plan is weighing on investors
- By: Rudy Mezzetta
- September 23, 2008 September 23, 2008
- 16:36
Provinces, U.S. states hammering out cap-and-trade system
The Western Climate Initiative could be operational by 2012
- By: James Langton
- September 23, 2008 September 23, 2008
- 14:25
Wall Street rescue will hit U.S. with higher inflation, interest rates: CIBC World Markets
But Canada's commodities- and energy-leveraged economy should benefit from the bailout
- By: IE Staff
- September 23, 2008 September 23, 2008
- 11:29
OECD supports U.S. bailout plan
Secretary-general says the plan will “create the conditions for the much needed recapitalization of financial institutions”
- By: James Langton
- September 23, 2008 September 23, 2008
- 11:13
Paulson, Bernanke push bailout plan to Congress
U.S. officials say action is necessary to address the root cause of market turmoil
- By: James Langton
- September 23, 2008 September 23, 2008
- 09:15
Opening bell: markets set to dip yet again
Canada’s inflation rate rises to 3.5% in August, the highest rate in five years
- By: IE Staff
- September 23, 2008 September 23, 2008
- 08:11
North American markets take a tumble
But oil sees biggest one-day gain in history on the back of a weakening U.S. dollar
- By: Megan Harman
- September 22, 2008 September 22, 2008
- 16:17
Foreign ownership is the way out for Wall Street firms
NBF research note says 2008 will go down in history as the year the top-five Wall Street investment banks disappeared
- By: James Langton
- September 22, 2008 September 22, 2008
- 15:29
Election issues: Political parties make their environmental pitch
Only the governing Conservatives have no overly ambitious plans to tackle climate change with economic measures
- By: Olivia Glauberzon
- September 22, 2008 September 22, 2008
- 13:41
G-7 reaffirms commitment to protect financial system
The world’s leading economies are working to facilitate liquid, smooth functioning markets
- By: Megan Harman
- September 22, 2008 September 22, 2008
- 10:03
Opening bell: Worries about changes to bailout plan drive futures lower
North American stock markets ended sharply higher last week after the announced bailout
- By: IE Staff
- September 22, 2008 September 22, 2008
- 08:00
U.S. Treasury taking next steps on bailout plan
Up to US$700 billion of securities will be issued under the proposed plan
- By: James Langton
- September 22, 2008 September 22, 2008
- 07:38
Goldman Sachs, Morgan Stanley become bank holding companies
Morgan Stanley then reaches into an agreement in which 20% of itst equity would be sold to Japan's Mitsubishi UFJ Financial Group Inc.
- By: James Langton
- September 22, 2008 September 22, 2008
- 07:26
OSC puts temporary ban on short-selling
Move follows similar actions taken by the U.S. Securities and Exchange Commission and Britain’s Financial Services Authority
- By: IE Staff
- September 21, 2008 September 21, 2008
- 17:42
Many questions surround U.S. plan to buy out bad assets
Firms will still have to bear a share of the losses
- By: James Langton
- September 21, 2008 September 21, 2008
- 16:30
The week ahead: Inflation report coming Tuesday
AGF, RIM earnings on deck
- By: IE Staff
- September 21, 2008 September 21, 2008
- 13:50