Editor’s note: Because of the Labour Day holiday, the Streetwise newsletter will resume Wednesday, Sept. 6.
The inside story of Scotiabank’s $800-million deal to buy the naming rights to the Air Canada Centre
In the waning hours of Aug. 15, Bank of Nova Scotia had a choice to make: Nail down a blockbuster deal to acquire the coveted rights to rename Toronto’s Air Canada Centre, or risk giving rivals an opportunity to grab away the prize.
Scotiabank in talks to Purchase BBVA’s Chile retail bank
BBVA said on Thursday it had been looking at the potential sale of its retail bank in Chile after Canada’s Bank of Nova Scotia expressed an interest in purchasing up to 100 percent.
The following credit crunch begins in the driveway
The last financial crisis, in 2008, began in the U.S. housing industry. The following source of credit market woes could be parked in the driveway.
One Home Capital investor on why he is going to say no to more Buffett
1 investor at Home Capital Group Inc. is doubling back on his resistance of Warren Buffett’s bid to boost his stake in the business.
OMERS to rebrand its Borealis Infrastructure wing
The Ontario Municipal Employees Retirement System is tightening ties into its infrastructure department with a title change which underscores pension funds’ continued push into other investments.
Aecon and Stantec: 2 expansion plans, one worldwide leader
Call it a tale of two technology companies, Aecon Group Inc. and Stantec Inc.. Both started in similar situation: Aecon’s founder installed pipes and gas lines in Hamilton from the 1870s, while Stantec’s first jobs were constructing sewers in rural Alberta in the 1950s.
Flood insurance policy plunged before Harvey
Houston’s population is growing rapidly, but when Harvey hit last weekend there were much fewer houses and other properties in the area with flood insurance compared to just five decades back, according to an Associated Press investigation.
Courtesy: The Globe And Mail