1 week ago Varcoe: Bank of Canada governor says country can benefit from lessons of TMX and LNG Canada to boost economy

The U.S. will remain a crucial trade partner for Canada, but the country needs to 'find new markets for our products and new products for our markets,' Tiff Macklem said

Politics

1 week ago Canadians can get money from the government 3 different ways this week

September is almost over, yet some Canadians are still eligible to receive money from the government in the form of pensions.In the next few days, Canadians will receive money from the government through pensions such as the Canada Pension Plan, the Old Age Security Pension, and the Veteran Disability Pension.As affordability remains a concern, federal support and benefits are more crucial than ever. According to recent data from Statistics Canada, as of August, the cost of shelter has increased by 2.6 per cent since last year. And if you're still feeling the pinch at the checkout aisle, you're not imagining it — the cost of groceries went up by 3.5 per cent since last year.Be sure to find out if you qualify for these government benefits and review their eligibility requirements.Canada Pension Plan (CPP) — Sept. 25The Canada Pension Plan (CPP) is a monthly taxable benefit that replaces part of the income of eligible Canadians once they retire, providing...

Politics

1 week ago Here are all the ways Canadians can cash in on government money in October

A new month means Canadians will be getting more money from the federal government.Eligible individuals will receive a new slate of benefits and credit payments in October. This money from the government aims to alleviate your financial burden amid the cost-of-living crisis.Have big bills you'll need to pay next month? Now is a good time to take a look at which benefits you could be eligible for.Mark your calendars — here's when eligible Canadians can expect to receive money from the government in September.Canada Disability Benefit — Oct. 16This new government benefit is designed to provide financial support to Canadians aged 18 to 64 who live with a disability.Applications opened in June. If you qualify, you'll begin receiving payments the month after your application is received and approved."You may receive back payments for up to 24 months from when we get your application, but not for any previous months of eligibility prior to June 2025,"...

Politics

2 w. ago Champagne promoting Canadian critical mineral and energy exports in Europe

The federal finance minister spoke in Europe about the benefits for both Canada and the European Union in solidifying trade deals and other agreements.

Economics

2 w. ago Anglo and Teck could still work together if deal falls apart, Anglo CEO says

The two companies could create a joint venture to manage their adjacent copper mines in Chile, Duncan Wanblad says

Culture

2 w. ago Terence Corcoran: Anglo Teck, the next Canadian mining legend

All this assumes the merger will be approved by Prime Minister Mark Carney’s interventionist Liberal government

Other

2 w. ago Teck Deal With Anglo Faces Indigenous Challenge on Smelter Plan

An Indigenous group in Canada vows to bring political and legal challenges against Teck Resources Ltd.’s merger with Anglo American Plc, unless the companies consult with them over expansion plans for a smelter in southern British Columbia.

Other

2 w. ago Miners may offer 'extravagant' promises to win merger approval, but how long would they last?

The federal government wants the proponents of a blockbuster merger in the mining industry to sweeten the deal for Canada, but academic researchers warn that any promises the companies make may not last forever. Executives with Vancouver’s Teck Resources Ltd. and U.K.-based Anglo American Plc are expected to press their case for their proposed merger […]

Other

2 w. ago Anglo, Teck Need to Prove More Merger Benefits to Canada, Minister Says

Anglo American Plc and Teck Resources Ltd. haven’t done enough yet to show the advantages of their merger to the Canadian economy, said the country’s industry minister, who plans to meet with the companies’ chief executive officers next week.

Politics

2 w. ago Joly says Teck and Anglo haven’t done enough so far to show merger has net benefit

Industry Minister Melanie Joly says Ottawa would want to see longer-term commitments to Canada if Vancouver’s Teck Resources Ltd. is allowed to merge with U.K.-based miner Anglo American PLC. “There have been conversations with the companies, and clearly we wanted to make sure that there would be a net benefit to Canada. But I think […]

Other

2 w. ago Loonie Set for Rebound as Fed Cuts and Canada Slows Easing Cycle

Canada’s currency is poised to benefit from a smaller interest-rate gap with the US as the nation’s central bank nears the end of its monetary easing cycle while the Federal Reserve gears up for multiple cuts.

Sport

3 w. ago Teck’s Founder Sought Merger With Anglo Before It Was Too Late

Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil Jr. said back then.

Other

3 w. ago Anglo’s Swoop for Teck Leaves Bigger Mining Rivals on Back Foot

Anglo American Plc’s swoop for Teck Resources Ltd. swiftly found rival mining executives jumping on calls with bankers and advisers to find out more about the roughly $60 billion deal — realizing that two of mining’s best prizes had eluded them.

Other

3 w. ago Anglo Teck merger enticing to B.C. researchers as fuel for innovation

Placing the headquarters of a merged Anglo Teck in Vancouver puts the infrastructure of a Top 5 mining company in proximity to B.C.'s hotbed of mining research and development

Other

3 w. ago Terence Corcoran: Anglo Teck tests Canada as a market economy

Most if not all of the investment act requirements are general, often arbitrary and lacking in detail

Other

3 w. ago Teck promises to maintain ties with Canada after merger as government oversight of deals steps up

Investors may not care if Teck maintains its Canadian roots under its proposed tie up with Anglo, but governments do

Politics

3 w. ago Teck shareholder says higher premium might be needed in Anglo deal

Anglo will pay 1.3301 shares for each Teck share, a 17% premium to Teck’s Monday closing price

Other

3 w. ago How a Giant Copper Prize Brought Mining’s Two Underdogs Together

For years, it was the most obvious deal in the global mining industry, but one that no one could quite pull off. Then in mid-2024, executives at Teck Resources Ltd. and Anglo American Plc started talking about a tie-up of their two huge — and neighboring — copper mines high up in the Atacama desert.

Other

3 w. ago Proposed $70B Teck, Anglo American merger would see mining giant HQ in Vancouver

The deal would company headquarters of what would be known as Anglo Teck move to Vancouver, as proponents look to sell Canada on the benefits of the deal.

Economics

3 w. ago Anglo Has Put Itself in Play With Teck Offer, Canaccord Says

Anglo American Plc is just as vulnerable to a rival takeover offer as Teck Resources Ltd., after the two announced one of the biggest-ever corporate mining combinations on Tuesday, according to an analyst.

Other