Sunoco to acquire Parkland in billion-dollar deal

Monday, May 5, 2025, 8:21 am more...

U.S. energy giant Sunoco LP has inked a cash-and-stock agreement valued at US$9.1 billion, including assumed debt, to acquire Calgary-based Parkland Corp. The deal unfolds amid heated boardroom maneuvers and rival shareholder ambitions, adding a dash of corporate drama to North America's energy market.

calgaryherald.com / U.S. company Sunoco signs deal to buy Parkland in agreement valued at US$9.1B

citynews.ca / U.S. company Sunoco signs deal to buy Parkland in agreement valued at US$9.1B

permalink / 2 stories from sources in 0 hours ago #finance #business #energy #canada +

Mark Carney embarks on Washington trip amid escalating policy challenges

Monday, May 5, 2025, 6:21 am more...

Canadian financial heavyweight Mark Carney is journeying to Washington for a high-stakes meeting with U.S. officials amid mounting political and trade tensions. The visit, which has sparked considerable debate in policy circles, is being closely watched as it addresses shifting regulatory dynamics and broader transatlantic relations.

Bluesky: @lapresse.ca

nationalpost.com / FIRST READING: Immigrants denied Carney his majority

financialpost.com / Why scrutiny of Mark Carney's Brookfield ties isn't going away any time soon

theglobeandmail.com / Morning Update: PM Carney prepares to go to Washington

lapresse.ca / Mark Carney à Washington | Le spectre du 51e État plane sur la visite

permalink / 4 stories from sources in 2 hours ago #finance #usrelations #carney +

Warren Buffett to step down with Canadian successor announced

Saturday, May 3, 2025, 5:20 pm more...

Billionaire Warren Buffett surprised investors by announcing his exit at year’s end, and in a twist worthy of a boardroom soap opera, he introduced 62‐year-old Canadian Greg Abel as his chosen heir. The decision marks the end of an era at Berkshire Hathaway.

citynews.ca / Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

citynews.ca / Who is Greg Abel, the Canadian executive picked to be Warren Buffett’s successor?

globalnews.ca / Warren Buffett to step down as Berkshire Hathaway CEO at year’s end

permalink / 3 stories from sources in 39 hours ago #finance #business #canada #retirement +

Carney's First Moves Ignite Economic Debate and Policy Scrutiny

Friday, May 2, 2025, 7:21 am more...

Following his recent electoral victory, Mark Carney wasted no time diving into a high-stakes policy sprint. The government is addressing U.S. trade tensions while facing skeptical economists who question his deficit strategy and infrastructure priorities. Critics and supporters alike are already sharpening their pencils for a debate that promises to be as spirited as it is contentious.

Bluesky: @theglobeandmail.com, @halfpintptbo.bsky.social, @thebeaverton.com, @theglobeandmail.com, @moe456.bsky.social, @lapresse.ca

theglobeandmail.com / Alberta Premier Smith says meeting with PM Carney a ‘positive first step’

thestar.com / Alberta Premier Smith says meeting with PM Carney a 'positive first step'

globalnews.ca / Saskatchewan premier Scott Moe meets with Prime Minister Carney after election

torontosun.com / WATCH: Carney confirms Washington, D.C. meeting with President Trump after election win

citynews.ca / Carney’s spring to-do list includes Trump and trade barriers

financialpost.com / Gary Mar: If Mark Carney wants to unlock Canada's potential, he must start with the West

cp24.com/ / Mark Carney announces timing of trade meeting with Donald Trump - CP24

financialpost.com / Carney promises ‘biggest transformation’ of economy in a generation in first press conference

nationalpost.com / Why Mark Carney isn’t moving into the official prime minister’s residence

theglobeandmail.com / Carney says he expects 'difficult but constructive' talks with Trump

ledevoir.com / Le roi Charles, mais d’abord Trump : un gros mois de mai pour Mark Carney

torontosun.com / Carney won’t enter a formal agreement with NDP to shore up minority government

citynews.ca / Mark Carney says he would quickly call byelection for Pierre Poilievre

financialpost.com / As Carney prepares to engage with Trump, fate of CUSMA hangs in the balance

cp24.com/ / Carney announces King Charles will deliver throne speech - CP24

permalink / 29 stories from sources in 3 days ago #economy #finance #publicpolicy #carney +

Lapu-Lapu festival tragedy sparks dubious fundraising campaigns

Thursday, May 1, 2025, 7:21 pm more...

In the wake of a fatal incident at the Lapu-Lapu festival, fundraising efforts have taken an unexpected turn. One campaign—which purported to honor a lost loved one—was exposed as fraudulent, while a grieving teen redirected half of his raised funds to help other victims, leaving the public both amused and irked.

cbc.ca / This campaign raised $57K to repatriate a 'loving mother' killed in Lapu-Lapu festival tragedy. It was fake

globalnews.ca / Teen orphaned in Lapu Lapu tragedy donates half of GoFundMe to other victims

permalink / 2 stories from sources in 3 days ago #finance #crime #culture #filipino +

Canadian Tire Pursues Hudson’s Bay Asset Acquisition, Sources Claim

Thursday, May 1, 2025, 10:21 am more...

In a surprising retail shakeup, Canadian Tire has reportedly made a bid for select assets of the beleaguered Hudson’s Bay chain, including key intellectual property. This strategic move signals a bold effort to rejuvenate its market presence as traditional department stores continue to face mounting challenges.

ledevoir.com / Canadian Tire aurait fait une offre pour des actifs de La Baie

nationalpost.com / Canadian Tire bidding on Hudson’s Bay assets, sources say

citynews.ca / Canadian Tire bidding on Hudson’s Bay assets, sources say

permalink / 3 stories from sources in 3 days ago #finance #trade #business #canada +

US GDP contracts in Q1 amid tariff tensions

Wednesday, April 30, 2025, 11:22 am more...

U.S. economic activity faltered unexpectedly in Q1 with a 0.3% annualized GDP decline, fueled by tariff-driven import pressures. The surprise contraction underscores mounting concerns over trade tensions and economic momentum as policymakers and market watchers scramble to interpret the fallout from ongoing tariff disputes.

nationalpost.com / U.S. Senate votes against resolution to block Trump’s global tariffs amid economic turmoil

globalnews.ca / Stock markets drop on news that U.S. economy shrank amid tariffs

globalnews.ca / U.S. economy contracts in Q1 amid impact from tariff-fueled imports

ledevoir.com / Recul surprise du PIB des États-Unis au début du mandat de Donald Trump

permalink / 4 stories from sources in 4 days ago #economy #finance #trade #tariffs +