Nissan ex-chair Ghosn’s detention extended after arrest

Nissan ex-chair Ghosn’s detention extended after arrest
TOKYO — A Japanese court has approved the detention of former Nissan Chairman Carlos Ghosn through April 14 after his fourth arrest over financial misconduct allegations. Ghosn was taken into custody Thursday and is being held at the Tokyo Detention Center. Prosecutors’ request for the detention was approved by the Tokyo District Court on Friday. Prosecutors can ask for another... Read More

Bank CEOs expecting muted economic growth, spring housing market

Bank CEOs expecting muted economic growth, spring housing market
TORONTO — The chief executives of Canada’s biggest banks say they expect muted economic growth, a slower spring housing market and have concerns about the country’s future prosperity, but also expressed confidence in their ability to navigate any rough patches ahead. Toronto-Dominion Bank’s CEO Bharat Masrani said the lender’s economists foresee “constrained” growth in 2019, amid trade tensions and strains in the energy market, but Canada... Read More

B.C. government to consider ‘relief’ for record gas prices: Horgan

B.C. government to consider ‘relief’ for record gas prices: Horgan
VICTORIA — Premier John Horgan says the B.C. government will consider “some relief” for those who can’t afford record high gas prices. Horgan says his government will monitor prices at the pumps over the summer after they reached the benchmark record of almost $1.64 a litre today in Metro Vancouver, but he also suggested provincial taxes aren’t the only factor affecting prices. He says... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,311.61, up 31.75 points). Encana Corp. (TSX:ECA). Energy. Up 14 cents, or 1.53 per cent, to $9.29 on 8.53 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down a penny, or 0.03 per cent, to $37.00 on 5.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care.... Read More

Supreme Court: consumer protection law doesn’t permit businesses to sue Telus

Supreme Court: consumer protection law doesn’t permit businesses to sue Telus
OTTAWA — Telus has scored a victory at the Supreme Court of Canada, which says its business customers are contractually prevented from joining class action suits filed on behalf of individual consumers. A majority of judges in the 4-3 decision ruled an Ontario judge erred in allowing Avraham Wellman to be included in a class action case against Telus even though he was a business customer... Read More

Chevron seeks NEB licence that could nearly double production at Kitimat LNG

Chevron seeks NEB licence that could nearly double production at Kitimat LNG
CALGARY — Chevron Canada has applied to the National Energy Board to nearly double the potential size of the Kitimat LNG facility it hopes to build with Australian partner Woodside Energy. In a filing dated Monday and posted on the NEB website, the Canadian branch of California-based giant Chevron Corp. says it is applying for a 40-year licence to export up... Read More

Goldcorp shareholders vote in favour of takeover by Newmont Mining

Goldcorp shareholders vote in favour of takeover by Newmont Mining
VANCOUVER — Goldcorp Inc. shareholders have voted overwhelmingly in favour of the company being taken over by U.S. mining giant Newmont Mining Corp. Vancouver-based Goldcorp says its shareholders voted more than 97 per cent in favour of the deal that will see them receive 0.328 of a Newmont share plus two cents in cash for each Goldcorp share they own. Some... Read More

Canada’s EV charging network growing up as numbers and power improve

Canada’s EV charging network growing up as numbers and power improve
TORONTO — The electric vehicle road trip is becoming a practical reality as an increasing number of players work to close gaps in Canada’s fast-charger networks and ease fears of getting stranded along the way. New entrants like Petro-Canada and Electrify Canada are working to add dozens of fast-chargers across the country this year, building on efforts already underway by provincial... Read More

Tips on repairing credit after debt problems, or establishing credit as a newcomer

Tips on repairing credit after debt problems, or establishing credit as a newcomer
A credit score is more than just a number tucked away in some credit agency’s files. Poor credit can hinder car loans, mortgages and school options, ratchet up interest rates and push life goals out of reach. Experts recommend a number of steps to improve your credit score, whether you’re struggling with debt or you’re a new Canadian on the hunt for... Read More