Canada Pension Plan board puts &#36;470 million in European infrastructure funds
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TORONTO (CP) - Deploring the lack of opportunities in Canada, the Canada Pension Plan Investment Board is investing &#36;470 million in European and British infrastructure.
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The Ontario Securities Commission warned four mutual fund firms including CI Fund Management Inc. and AGF Funds Inc. they may face enforcement action in a probe of improper trading in the C$475 billion ($368 billion) industry.
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OTTAWA (CP) - Canada will increase its funding for tsunami relief to &#36;425 million, Prime Minister Paul Martin announced Monday.
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TORONTO (CP) - The Ontario Teachers&#39; Pension Plan has struck a $450 million US deal to buy American laundry equipment maker Alliance Laundry Holdings - the Canadian fund&#39;s first acquisition in the United States without a partner.
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TORONTO -- David Denison, current president of Fidelity Investments Canada, is taking over in January as the president and chief executive of the Canada Pension Plan Investment Board.
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OTTAWA (CP) - First ministers were expected Wednesday to complete an agreement that would pump an additional &#36;18 billion into medicare over six years.
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A 54bn-euro (Â£36bn) plan to boost science research in Europe is set to go before the EU Parliament for approval.
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The European Central Bank on Tuesday pumped 348 billion euros ($500 billion) into the financial system, easing conditions in credit markets.
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Enel SpA, Italy&#39;s biggest utility, will receive 1.9 billion euros ($2.3 billion) in investment compensation from the government and will raise additional cash from asset sales that will be used to boost dividends.
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The Republic of Ireland was still the biggest beneficiary of European Union funds last year, according to a report.
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Nearly 48,000 Britons living abroad are receiving at least Â£9.6m in winter fuel payments, the government reveals.
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From Tuesday's Globe and Mail OTTAWA AND TIRIN KOT, AFGHANISTAN - Prime Minister Stephen Harper goes recruiting today, hoping to convince combat-shy Europeans to reinforce Canada's embattled troops doing much ...Comment
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Canada and four European countries signed a free trade agreement, the first for Canada in six years. The agreement is with the European Free Trade Association, made up of Iceland, Liechtenstein, Norway and Switzerland. The deal is expected to aid Canadian businesses in building materials, forest products, auto parts and agriculture. The countries do about 11 billion Canadian dollars ($10.36 billion) in two-way trade with Canada.
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Citigroup will take control of  investment funds worth $49bn as it continues to ride out financial market problems.
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The European Commission pledged an additional 350 million euros (&#36;462 million) over three years on Thursday to relief efforts for the devastating Dec. 26 Indian Ocean earthquake and tsunami.
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BCE Inc , Canada's largest telecommunications group, announced the biggest buyout in Canadian corporate history on Saturday, accepting an offer worth C$51.7 billion ($48.5 billion), including debt, from a group including the Ontario Teachers Pension Plan.
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Canada recorded aC$9.1 billion ($7.9 billion) budget surplus in fiscal 2004, five times the government&#39;s forecast, as accelerating economic growth generated a tax windfall for Finance Minister Ralph Goodale.