Wireless startup BMV gets OMERS money
BMV Holdings, a wireless startup that hopes to take on the three big established carriers in Canada's mobile phone market, has secured an investment of up to C$50 million ($42 million) from the private equity arm of the powerful OMERS pension fund.
Goldcorp plans for 50 percent output jump over 5 years
Goldcorp Inc said on Thursday that it has matched its 2008 gold production forecast and plans for a 50-percent jump in output over the next five years.
Canadian banks wary of cheap U.S. banking assets
Canadian banks say the time is not right to rush into large acquisitions in the United States or abroad, even though the global economic downturn has made banking assets look like relative bargains.
Jean Coutu posts loss on Rite Aid provision
Canadian drug store chain Jean Coutu Group reported a quarterly loss on Thursday due to a charge from its stake in U.S. peer Rite Aid Corp .
TD Ameritrade to buy thinkorswim for $606 million
TD Ameritrade Holding Corp has agreed buy thinkorswim Group Inc in a $606 million deal that establishes the U.S. online broker in the fast-growing area of options and futures trading.
Teck cuts 1,400 jobs, 2009 coal production
Teck Cominco Ltd will cut about 1,400 jobs, or 13 percent of its staff, as part of a plan to lower costs and keep competitive following a sharp drop in commodity prices, the mining company said on Thursday.