Laurentian Bank ending teller services at nearly all branches as of Monday

MONTREAL – An era is about to end at the Laurentian Bank with customers no longer having access to teller services as of Monday in almost all of its branches. Six rural locations will continue to offer these services until September. The changes are part of a plan that began in 2016 to offer only branch-level financial advice by the end of More...

by SLPundit | Published 2 hours ago
By SLPundit On Friday, July 19th, 2019
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Apple credit card rumoured to be launching in Canada

Apple Inc. has filed a Canadian application to trademark brand names for its consumer credit card, Apple Card, and its money transferring feature, Apple Cash. The Cupertino, Calif.-based iPhone maker filed both More...

By SLPundit On Friday, July 19th, 2019
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Canadian retail sales unexpectedly drop lower on food and liquor

Canadian retailers reported an unexpected decline in sales as consumers cut back on purchases of groceries, alcohol and clothing. Sales fell 0.1 per cent in May, Statistics Canada said Friday from Ottawa, versus More...

By SLPundit On Friday, July 19th, 2019
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Statistics Canada reports retail sales fell 0.1 per cent in May to $51.5B

TORONTO – Statistics Canada says retail sales fell 0.1 per cent in May to $ 51.5 billion, the first move lower in four months. Sales fell in four of the 11 subsectors monitored by Statcan, led by lower More...

By SLPundit On Friday, July 19th, 2019
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Barrick Gold reaches deal for Acacia Mining after raising offer for company

TORONTO – Barrick Gold Corp. has reached a deal to buy the stake in Acacia Mining that it does not already own, after raising its offer for the African gold miner. Under the deal, Barrick will swap 0.168 More...

By SLPundit On Friday, July 19th, 2019
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Firms know little about trade deals as Canada pushes to diversify: federal survey

OTTAWA – Prime Minister Justin Trudeau urged European partners this week to finalize Canada’s trade deal with the EU, a push that came with his government facing a tough sales job at home: getting domestic More...

By SLPundit On Friday, July 19th, 2019
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Apple plans to open office in Westbank’s glitzy Vancouver tower, sources say

Apple Inc. plans to open an office in one of Vancouver’s most hotly anticipated developments, according to people with direct knowledge of the matter. Cupertino, Calif.-based Apple will join Deloitte LLP and More...

By SLPundit On Friday, July 19th, 2019
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EU and Canada in talks to salvage WTO’s dispute resolution role

Canada and the European Union are in talks to preserve the World Trade Organization’s embattled appellate body, which is expected to run aground by year-end due to pressure by the U.S. to cut its power. “We’ve More...

By SLPundit On Friday, July 19th, 2019
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Brookfield reportedly exploring sale of Atlantis resort in Bahamas

Brookfield Asset Management Inc. is exploring the sale of Atlantis Paradise Island Resort, a luxury destination in the Bahamas, according to people with knowledge of the matter. The firm is working with an adviser More...

By SLPundit On Thursday, July 18th, 2019
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RNC Minerals CEO resigns for personal reasons effective immediately

TORONTO – RNC Minerals says its president and chief executive has resigned effective immediately for personal reasons. Mark Selby was appointed CEO in 2014, about four years after joining Royal Nickel Corp., More...