Streetwise - Page 9 - The Globe and Mail

October 21, 2025

The Cenovus Christina Lake oil sands facility steam-assisted gravity drainage (SAGD) pad southeast of Fort McMurray, Alta., on Wednesday, April 24, 2024. Company representatives say this pad, using the most current technology, requires less energy per wellhead to harvest bitumen than earlier versions. THE CANADIAN PRESS/Amber Bracken

The Cenovus Christina Lake oil sands facility steam-assisted gravity drainage (SAGD) pad southeast of Fort McMurray, Alta., on Wednesday, April 24, 2024. Company representatives say this pad, using the most current technology, requires less energy per wellhead to harvest bitumen than earlier versions. THE CANADIAN PRESS/Amber Bracken

MEG Energy delays shareholder vote on Cenovus takeover offer

3 min read

October 20, 2025

Iamgold to acquire Northern Superior Resources, Mines D’Or Orbec

1 min read

October 17, 2025

Canaccord Genuity gauging interest for possible sale of British wealth unit, sources say

2 min read

October 16, 2025

FILE PHOTO: A woman leaves a Bank of Nova Scotia (Scotiabank) branch in Ottawa, Ontario, Canada, May 31, 2016. REUTERS/Chris Wattie/File Photo

FILE PHOTO: A woman leaves a Bank of Nova Scotia (Scotiabank) branch in Ottawa, Ontario, Canada, May 31, 2016. REUTERS/Chris Wattie/File Photo

Scotiabank lays off staff across Canada as it streamlines costs

3 min read

October 16, 2025

FILE - A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)

FILE - A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)

Zions charge-off, fraud allegations sink U.S. regional bank stocks

3 min read

October 16, 2025

People make their way past the Bank of Montreal (BMO) building in the Financial District of Toronto, Monday, Aug. 14, 2023. THE CANADIAN PRESS/Spencer Colby

People make their way past the Bank of Montreal (BMO) building in the Financial District of Toronto, Monday, Aug. 14, 2023. THE CANADIAN PRESS/Spencer Colby

BMO to sell 138 U.S. branches, open 150 others with focus on California

2 min read

October 16, 2025

TD Bank Group says The Charles Schwab Corp.'s third-quarter results are expected to translate into about C$178 million of reported equity in net income for the Canadian bank's fourth quarter.Toronto Dominion Bank signage is pictured in Ottawa on Wednesday Sept. 7, 2022. THE CANADIAN PRESS/Sean Kilpatrick

TD Bank Group says The Charles Schwab Corp.'s third-quarter results are expected to translate into about C$178 million of reported equity in net income for the Canadian bank's fourth quarter.Toronto Dominion Bank signage is pictured in Ottawa on Wednesday Sept. 7, 2022. THE CANADIAN PRESS/Sean Kilpatrick

TD names new heads for fixed income and equities after leadership shakeup

2 min read

October 16, 2025

Onex names Megan McClellan CFO as Chris Govan plans to step down next year

2 min read

October 14, 2025

GM to take a $1.6-billion hit as policy shifts force reassessment of EV plans

3 min read

October 14, 2025

Goldman Sachs profit jumps on growth of advisory fees, rallying markets

3 min read

October 14, 2025

The Alberta Energy Regulator says it expects the province's oilsands production to grow by more than 17 per cent by 2033. Boilers—where steam is created—at the Cenovus Christina Lake oilsands facility southeast of Fort McMurray, Alta., on Wednesday April 24, 2024. THE CANADIAN PRESS/Amber Bracken

The Alberta Energy Regulator says it expects the province's oilsands production to grow by more than 17 per cent by 2033. Boilers—where steam is created—at the Cenovus Christina Lake oilsands facility southeast of Fort McMurray, Alta., on Wednesday April 24, 2024. THE CANADIAN PRESS/Amber Bracken

Cenovus acquires 8.5% of MEG Energy shares ahead of merger vote

2 min read

October 14, 2025

FILE PHOTO: A person enters the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo

FILE PHOTO: A person enters the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo

Dealmaking spree drives strong U.S. bank profits as fears mount of asset price bubbles

3 min read

October 13, 2025

FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch/File Photo

FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch/File Photo

Brookfield to invest $5-billion with Bloom Energy to power AI data centres

3 min read

October 10, 2025

Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, September 21, 2023. THE CANADIAN PRESS/Chris Young

Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, September 21, 2023. THE CANADIAN PRESS/Chris Young

CPPIB buys additional stake in unit of Spain’s FCC for $1-billion

1 min read

October 9, 2025

David Reid drives a seeding rig as he plants a wheat crop on the family farm near Cremona, Alta., Tuesday, May 6, 2025. Wheat is grown on nearly 50,000 farms in Canada and is the fifth-largest wheat producer in the world. THE CANADIAN PRESS/Jeff McIntosh

David Reid drives a seeding rig as he plants a wheat crop on the family farm near Cremona, Alta., Tuesday, May 6, 2025. Wheat is grown on nearly 50,000 farms in Canada and is the fifth-largest wheat producer in the world. THE CANADIAN PRESS/Jeff McIntosh

RBC pledges $5-million to university agriculture initiative

3 min read

October 9, 2025

Bank of Canada Senior Deputy Governor Carolyn Rogers responds to a question during a news conference in Ottawa on Wednesday, Sept. 17, 2025. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada Senior Deputy Governor Carolyn Rogers responds to a question during a news conference in Ottawa on Wednesday, Sept. 17, 2025. THE CANADIAN PRESS/Adrian Wyld

Canada’s banking sector needs more competition, not more regulation, Bank of Canada Deputy Governor says

3 min read

October 6, 2025

Tom Murphy, newly appointed president of Sun Life Asset Management, poses for a portrait in his home in Lexington, Massachusetts. Monday, October 6, 2025.

Tom Murphy, newly appointed president of Sun Life Asset Management, poses for a portrait in his home in Lexington, Massachusetts. Monday, October 6, 2025.

Sun Life creates new asset management arm and names Tom Murphy its first president

3 min read

October 1, 2025

FILE PHOTO: The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo

FILE PHOTO: The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo

Alberta to draw up proposal for new oil pipeline to B.C. coast by May

5 min read

October 1, 2025

FILE - Construction continues at the Thacker Pass lithium mine on April 24, 2023, near Orovada, Nev. The Biden administration has agreed to provide a $2.26 billion conditional loan to Lithium Americas, Thursday, March 14, 2024, to help cover construction costs of a processing facility at its giant lithium mine in the works in northern Nevada near the Oregon line. (AP Photo/ Rick Bowmer, File)

FILE - Construction continues at the Thacker Pass lithium mine on April 24, 2023, near Orovada, Nev. The Biden administration has agreed to provide a $2.26 billion conditional loan to Lithium Americas, Thursday, March 14, 2024, to help cover construction costs of a processing facility at its giant lithium mine in the works in northern Nevada near the Oregon line. (AP Photo/ Rick Bowmer, File)

Trump administration takes equity stake in Canadian miner Lithium Americas

3 min read

October 1, 2025

Maple Leaf Foods signage Bradford, Ontario

Maple Leaf Foods signage Bradford, Ontario

Maple Leaf Foods spins off its pork business to focus on high-protein goods

4 min read

October 1, 2025

An "Access Restricted" sign is displayed at the Lithium Nevada Corp. mine site at Thacker Pass, April 24, 2023, near Orovada, Nev.

An "Access Restricted" sign is displayed at the Lithium Nevada Corp. mine site at Thacker Pass, April 24, 2023, near Orovada, Nev.

U.S. government takes 5% stakes in Vancouver-based Lithium Americas and its joint venture with GM

2 min read

October 1, 2025

A worker stands on a steam-assisted gravity drainage pad at Cenovus' Sunrise oil facility northeast of Fort McMurray on Thursday, Aug. 31, 2023. Cenovus Energy Inc. reported a fourth-quarter of $743 million, down from $784 million a year earlier, as its revenue also edged lower. THE CANADIAN PRESS/AP/Victor R. Caivano

A worker stands on a steam-assisted gravity drainage pad at Cenovus' Sunrise oil facility northeast of Fort McMurray on Thursday, Aug. 31, 2023. Cenovus Energy Inc. reported a fourth-quarter of $743 million, down from $784 million a year earlier, as its revenue also edged lower. THE CANADIAN PRESS/AP/Victor R. Caivano

Adviser Glass Lewis backs Cenovus bid for MEG Energy

2 min read

September 29, 2025

Ray Chun, Toronto-Dominion Bank’s new chief executive, is photographed on Sept 19, 2024. Currently the head of Canadian personal and commercial banking, Mr. Chun will become chief operating officer effective Nov. 1 and then take over from Bharat Masrani as CEO at TD’s next annual general meeting in the spring. Galit Rodan/The Globe and Mail

Ray Chun, Toronto-Dominion Bank’s new chief executive, is photographed on Sept 19, 2024. Currently the head of Canadian personal and commercial banking, Mr. Chun will become chief operating officer effective Nov. 1 and then take over from Bharat Masrani as CEO at TD’s next annual general meeting in the spring. Galit Rodan/The Globe and Mail

TD’s new CEO unveils multiyear plan to revamp culture, boost efficiency for digital age

4 min read

September 29, 2025

Newmont Corporation CEO Tom Palmer speaks during the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa, February 6, 2023. REUTERS/Shelley Christians

Newmont Corporation CEO Tom Palmer speaks during the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa, February 6, 2023. REUTERS/Shelley Christians

Newmont CEO Tom Palmer to step down at the end of the year

2 min read

September 29, 2025

FILE PHOTO: Mark Bristow, CEO of Barrick Gold, speaks at the Investing in African Mining Indaba, in Cape Town, South Africa, February 3, 2025. REUTERS/Esa Alexander/File Photo

FILE PHOTO: Mark Bristow, CEO of Barrick Gold, speaks at the Investing in African Mining Indaba, in Cape Town, South Africa, February 3, 2025. REUTERS/Esa Alexander/File Photo

Barrick CEO Mark Bristow departs, interim leader announced

2 min read

September 28, 2025

Ray Chun was named TD’s chief executive officer a year ago in the wake of the bank’s money-laundering scandal.

Ray Chun was named TD’s chief executive officer a year ago in the wake of the bank’s money-laundering scandal.

TD Bank’s new CEO is ready to unveil his strategy

3 min read

September 25, 2025

FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch (CANADA - Tags: BUSINESS)/File Photo

FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch (CANADA - Tags: BUSINESS)/File Photo

Brookfield Asset Management to streamline structure by combining two entities

2 min read

September 24, 2025

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

Tyler Proud, brother of former Dye & Durham CEO, calls for chairman to step down

4 min read

September 24, 2025

Signage is seen on Manulife Financial Corp.'s office tower in Toronto, Feb. 11, 2020. THE CANADIAN PRESS/Cole Burston

Signage is seen on Manulife Financial Corp.'s office tower in Toronto, Feb. 11, 2020. THE CANADIAN PRESS/Cole Burston

Manulife to acquire Indonesia business of U.K. asset manager Schroders

1 min read

September 23, 2025

Paul Desmarais III, Sagard chair and chief executive officer, in January, 2020.

Paul Desmarais III, Sagard chair and chief executive officer, in January, 2020.

Power Corp. investment firm Sagard buys European private equity business from Unigestion

3 min read

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