More exporters than in the autumn survey were positive about their sales outlook, but most are recovering from low levels of activity. They expect foreign demand—particularly from the United States—to be supportive. The majority of these firms are manufacturers (e.g., automobile, residential and commercial construction products), while some are commodities exporters (e.g., energy) and a…
The road into Jonathon Sherman’s 100-acre compound winds through a forest. A yellow smiley face tacked to a tree warns visitors that cameras are watching. Afraid for his life following the 2017 killings of his parents, Barry and Honey Sherman, Jonathon also employs a permanent detail of security guards who live in one of the…
TORONTO – Five things to watch for in the Canadian business world in the coming week: Banking conference Bank CEOs will speak at RBC Capital Markets 2021 Canadian Bank CEO conference on Monday. Several Canadian companies — including the country’s top banks — said recently that they are planning to thank their staff for a…
Are you a Canada Emergency Response Benefit (CERB) recipient worried you will have to pay back thousands of dollars? It is a significant concern. As reported last week by Toronto Star business reporter Rosa Saba, thousands of self-employed CERB recipients received letters from the Canada Revenue Agency (CRA) saying they may have to pay thousands…
TORONTO – Brookfield Asset Management says it is creating BAM Reinsurance as a new publicly traded business similar to Brookfield Renewable and Brookfield Infrastructure. The Toronto-based asset management company is at the top of a diverse group that is a global player in real estate, infrastructure, renewable power, private equity and credit. In total, the…
