Michael Cohen’s turn in the barrel

Michael Cohen’s turn in the barrel

FOR TEN years, Michael Cohen was Donald Trump’s attack dog. By his own estimate, the president’s former fixer threatened more than 500 people or entities at Mr Trump’s request. But in sworn testimony before the House Oversight Committee on February 27th, and armed with documents to bolster several striking accusations, Mr Cohen called his former…

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‘They’ve lost it’: Ontario falls sharply in ranking of mining jurisdictions

‘They’ve lost it’: Ontario falls sharply in ranking of mining jurisdictions

Once the biggest destination for mining investments in Canada, Ontario now ranks among the least attractive provinces in the country, according to a new survey of the global mining industry. The Fraser Institute published its yearly survey of mining companies on investment perceptions Thursday, which showed Ontario had fallen from the seventh most attractive destination…

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Credit quality is deteriorating in Canada, and banks are feeling the impact

Credit quality is deteriorating in Canada, and banks are feeling the impact

Credit quality is deteriorating in Canada, and banks are feeling the impact. Toronto-Dominion Bank and Canadian Imperial Bank of Canada both reported fiscal first-quarter results that included higher provisions for loan losses, contributing to earnings that missed analysts’ estimates. Toronto-Dominion, Canada’s second-largest lender by assets, set aside $850 million for soured loans in the quarter…

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Alberta premier warns new energy project bill could make oil slump worse

Alberta premier warns new energy project bill could make oil slump worse

Alberta Premier Rachel Notley warned Canadian senators on Thursday that proposed federal legislation for major project reviews, including crude oil pipelines, risks worsening a slump in the country’s energy sector. Notley appeared before a Senate committee considering Bill C-69, controversial legislation aimed at revamping Canada’s environmental approval process, but which critics say will deter investment…

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