Marketing

A Toronto startup that has rapidly emerged as a critical technology supplier to global semiconductor makers has filed to go public on the London Stock Exchange, sporting a “unicorn”-sized valuation into the billions of dollars.Alphawave IP Group PLC said Thursday it plans to list in the United Kingdom – home...

The war of words between Canada’s two big railways heated up on Thursday, as Canadian National Railway Co. accused Canadian Pacific Railway Ltd. of misleading investors in the takeover battle for a U.S. railway.Both companies are seeking to buy the same carrier, Kansas City Southern , and extend their networks...

Catherine McCall is executive director for the Canadian Coalition for Good Governance. Edward Waitzer is a lawyer and former chair of the Ontario Securities Commission. He has advised and made representations on behalf of Broadridge Financial Solutions on the Ontario Capital Markets Modernization Taskforce’s recommendations. The views expressed are his...

A study by Ontario’s regulatory agency has found that the COVID-19 pandemic impacts retail investors differently, with most simply trying to endure uncertainty.The Ontario Securities Commission says the study found half of investors had not bought or sold any investments during the pandemic.It says women and older Canadians were more...

The Ontario Securities Commission will begin taking steps to crack down on cryptocurrency trading platforms that have failed to meet an April 19 deadline to contact regulators on how to bring their businesses into compliance.In late March, Canadian regulators released much-awaited guidelines for domestic and foreign crypto asset trading platforms,...

Apple Inc. has tapped the maple bond market for the first time, raising $2.5-billion, the single biggest offering ever for this unique corner of the debt market.After a slow 2016, the market for maple bonds has roared back this year, posting its strongest showing since 2007.Apple raised more money than...

The maple bond market rebounded last year to levels not seen in nearly a decade, as a flurry of foreign companies tapped the Canadian-dollar debt market for cash.The trend was fuelled by attractive borrowing rates and strong demand from Canadian institutional investors, according to executives at some of Canada's largest...

Low borrowing costs and strong investor demand have led to a rush of activity in the “maple” bond market, as global public-sector entities tap the Canadian debt market for cash.Public-sector borrowers have issued $5.2-billion worth of maple bonds in the past three months.That marks the highest level of activity by...

The federal government is taking aim at credit-card transaction fees as shifting shopping habits resulting from pandemic lockdowns have substantially driven up costs for many small merchants.The budget released this week promises the government will launch consultations aimed at lowering the average charges -- known as interchange fees -- paid...

About three weeks ago, Robert Edington saw a post on the internet about Graycliff Exploration Ltd. and thought it sounded promising. The Financial News website claimed the small mining exploration company was sitting on $500-million in gold reserves and that its shares were set to jump by 500 per cent....

After large U.S. banks reported surprisingly strong first-quarter financial results last week, investors shrugged. Will quarterly results from Canadian banks next month be met with a similar reaction?U.S. banks certainly delivered the goods. JPMorgan Chase & Co. reported a profit of US$14.3-billion during the quarter ended March 31, up nearly...

A favourable borrowing environment and strong investor demand is prompting a resurgence in the “maple” bond market, as large foreign banks and corporations rush to issue Canadian-dollar-denominated bonds to domestic institutions.In the first three and a half months of 2021 alone, $8.6-billion worth of maple bonds were issued by foreign...

Cash may be king, but stock is queen in the land of technology mergers and acquisitions during a pandemic-fueled tech boom.Close to half the U.S. deals in the sector included a stock consideration last year, the highest percentage since 2016, versus only 27% in 2019, according to financial data provider...

A fledgling private-equity firm, led by veteran Bay Street technology financier Lisa Melchior, has made the inaugural investment out of its first fund, leading the purchase of a $60-million stake in Waterloo, Ont., communications connectivity technology provider Dejero Labs Inc.Ms. Melchior previously spent 17 years with the Ontario Municipal Employees...

The Bank of Japan (BOJ) refrained from buying Japanese stock-linked exchange trade funds (ETFs) on Tuesday, a central bank disclosure showed, breaking from its practice of picking up ETFs when the market is down 1 per cent or often even less.The Topix index fell 1.25 per cent by midday on...

The World Bank has given SNC-Lavalin Group Inc. an early reprieve on a decade-long ban for corruption tied to contracts in Bangladesh and Cambodia, a potential boost for the Canadian engineering giant as it tries to rebuild its business after years of crisis.The global lender ended its sanction on SNC-Lavalin...

Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said, making it one of several firms said to be interested in taking the Japanese conglomerate private.The U.S. firm has entered into discussions with Japanese banks including the core units of Mizuho...

Banks flush with pandemic deposits are providing huge credit facilities to companies involved in some of the biggest takeover bids so far this year, allowing buyers to include large cash components in their offers.Most recently, Canadian National Railway lined up a US$19-billion loan facility from J.P. Morgan and RBC Capital...

Canadian Pacific Railway Ltd. chief executive officer Keith Creel pitched the company’s US$25.2-billion purchase of Kansas City Southern to shareholders on Wednesday, a day after being outbid by Montreal rival Canadian National Railway Co. Analysts say CP will likely raise its offer for KCS, but Mr. Creel did not signal...

Good morning,Rogers Communications Inc. may have to sell off some wireless assets to get its $20.4-billion bid for Shaw Communications Inc. past a government that has been pushing to increase wireless competition and reduce cellphone bills, analysts say.The deal announced yesterday is likely to face significant regulatory hurdles, analysts said,...