Jaguar appeals TSX approval of HudBay-Lundin deal
Jaguar Financial is appealing a decision by the Toronto Stock Exchange to not force HudBay Minerals to hold a shareholder vote ahead of its planned takeover of Lundin Mining .
Ontario Teachers' pension fund warns on options repricing
One of Canada's largest pension funds warned on Thursday that it did not want to see companies using the global stock market selloff as an excuse to reprice options it uses to pay executives.
TSX may open higher as oil rallies
Toronto's main stock index finished higher in a late-session burst on Thursday with the materials group boosted by strength in gold-mining issues as bullion prices rose.
Manulife knocks down report of accounting probe
Canadian insurance giant Manulife Financial forcefully rejected on Thursday a recent news report that U.S. state regulators were investigating its accounting practices.
Bank of Canada hints at more rate cuts to come
The Bank of Canada hinted on Thursday that it would continue to lower interest rates this year but gave no indication of how deep the cuts would be as the global recession hits the Canadian economy.
Flaherty sees "substantial" deficit
WHITBY, Canada will run a "substantial" budget deficit in the next fiscal year as it enacts stimulus measures to help shelter the economy from the effects of the global economic downturn, Finance Minister Jim Flaherty said on Thursday.