Financial Post

The Financial Post delivers all the news and analysis you need to operate in today's competitive business environment. The Post's team of reporters cut through the noise and deliver the facts you need to make the right decisions - fast. If you're looking for incisive business commentary, you'll find it here. The Financial Post boasts Canada's most respected business voices including Terence Corcoran, Diane Francis, Barry Critchley and Theresa Tedesco.

How Pershing Square found success at Canadian Pacific Railway

How Pershing Square found success at Canadian Pacific Railway

Unique circumstances led to a remarkable change in performance at CP In 2011, Pershing Square Capital Management, an activist hedge fund founded by William (Bill) Ackman, acquired some 14.2% of Canadian Pacific Railway’s outstanding shares and proceeded to require several changes in the management and governance of the company. The CP board resisted fiercely his entreaties.…

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Make Way For The Robo Generation

Make way for the Robo Generation

This article appears in the February, 2015 edition of the Financial Post Magazine. Visit the iTunes store to download the iPad edition of this month’s issue. John Nicola has built up a sizeable firm dedicated to mostly serving the needs of high-net-worth Canadians. In the past 20 years, Nicola Wealth Management has grown from a startup…

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Nearly One In Five Canadian Companies Eyeing Jobs Cuts As Oil Plunge Bites

Nearly one in five Canadian energy companies eyeing jobs cuts as oil plunge bites

Nearly one-in-five Canadian oil and gas companies says it may have to cut staff as commodity prices slide, according to a survey published Monday by Mercer LLC, a human resource consultancy. One-in-four Canadian companies said they won’t be “buying” as much new talent from outside their organization, while one in six plans to freeze or cut…

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IMF Says Housing In Canada Overvalued By As Much As 20%

IMF says housing in Canada overvalued by as much as 20%

Canada’s housing market is overvalued by as much as 20%, says the International Monetary Fund which is forecasting a soft landing for the sector. The IMF opinion, released Friday, is for the country as a whole and it noted there are important regional differences when talking about overvaluation which may also be as low as 7%.…

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David Rosenberg: What US$50 Oil Really Means For Canada’s Economy

David Rosenberg: What US$50 oil really means for Canada’s economy

We have spent the past several weeks getting our hands dirty in the data to find out what Canada is going to look like if oil is US$50 per barrel, assuming it stays near that level, and at the US$100 price that seemed to be the new equilibrium just seven short months ago. Nearly one in…

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China Will Capitalize On The Euro’s Decline

China will capitalize on the euro’s decline

As Europe falters, its troubled assets will be bought up by China On Jan. 15, the Swiss Central Bank abruptly announced the end of its “bail-out-buying” scheme, wherein it spent high-value Swiss francs in exchange of weak euros. Formed in 2011, this currency peg was intended to prevent the Swiss franc from rising to the high…

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The Worst Investments Of 2014: Eurozone, Energy Firms, PIMCO And More

The worst investments of 2014: Eurozone, energy firms, Pimco and more

Canadian stocks had another disappointing year after an autumn pullback turned the S&P/TSX composite index from one of the developed world’s best performers to one of its worst. But Canadian stocks certainly weren’t the most woeful investment. Five investment themes for 2015 and beyond Rather than attempting to predict specific events or pick specific stocks that…

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Reports of fisticuffs, blood at TD mining conference

Reports of fisticuffs, blood at TD mining conference

The old story has it that a visitor to Canada arrived eager to take in our national sport. Asked about it afterward, he remarked: “I went to a fight the other night, and a hockey game broke out.” A visitor to TD Securities’ annual mining conference this week in Toronto, may have been mistaken had they…

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Banks to pay $32.5 million settlement in Sino-Forest lawsuit by investors

Banks to pay $32.5 million settlement in Sino-Forest lawsuit by investors

TORONTO – The financial institutions that helped Sino-Forest Corp. raise funds have agreed to pay investors $32.5 million, in what may be the country’s largest securities class action settlement to date reached with investment bank underwriters. The agreement, filed in court in Toronto Monday, is related to a lawsuit by investors who lost money when the…

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David Rosenberg’s Top 8 Things Giving Investors Angst Right Now

David Rosenberg’s top 8 things giving investors angst right now

Oil plunging, companies cutting, Greeks rebelling and a currency war brewing: 2015 is off to a rocky start for investors. Here’s David Rosenberg’s list of the top worries for investors: 1) Bears are back “The U.S. equity market has entered the year with volatility on the rise and the bears more or less in charge.” 2)…

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Common Shareholders Of Banks Will Pay Biggest Price For ‘Bail-In’: Report

Common shareholders of banks will pay biggest price for ‘bail-in’: Report

Owners of common bank stock will bear the biggest cost of a new bail-in regime in Canada, according to a new report from National Bank Financial. The federal finance department’s proposed bail-in structure to ensure taxpayers aren’t on the hook in the event of a financial crisis “signifies the most profound change in the Canadian bank…

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Why QE in Canada may not be such a longshot

Why QE in Canada may not be such a longshot

Look at the impact of the European Central Bank’s decision this week to add €60 billion in liquidity each month starting in March – stocks surged, bond yields fell and the euro crashed – and you can’t help but wonder what it would take for the Bank of Canada to do something similar. But while Canadian…

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Canadian Gold Miners Raising Nearly $800 Million As Financing Window Opens

Canadian gold miners raising nearly $800 million as financing window opens

The financing window is open for Canadian gold miners, and they are rushing through it at a frantic pace before it shuts. Six companies have announced bought deal offerings since Tuesday evening: Romarco Minerals Inc., Detour Gold Corp., Osisko Gold Royalties Ltd., Primero Mining Corp., Asanko Gold Inc., and Richmont Mines Corp. Between them, they are…

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Nearly 23,000 Jobs Linked To Oil Drilling Industry To Be Slashed This Year, Group Says

Nearly 23,000 jobs linked to oil drilling industry to be slashed this year, group says

CALGARY – The collapse in oil prices will cause 22,579 people directly and indirectly employed in Canada’s drilling industry to lose their jobs in this year, the Canadian Association of Oilwell Drilling Contractors said Thursday. Billions in oilpatch investment up in smoke as crude plunge reverberates across Canada There’s nothing like losing something to understand the…

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Billions In Oilpatch Investment Up In Smoke As Crude Plunge Reverberates Across Canada

Billions in oilpatch investment up in smoke as crude plunge reverberates across Canada

There’s nothing like losing something to understand the value of what you had. With billions in investment going up in smoke, the Bank of Canada cutting its key interest rate and growth forecast, governments struggling with big budget gaps, the oil price collapse is highlighting the big shoes filled by the oil and gas sector in…

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