North America

Results for North America

Canada Officially In A Recession As GDP Shrinks 0.5% In Second Quarter

Tuesday after Statistics Canada reported that the Canadian economy shrank at an annual rate of 0.5 per ... the second quarter ended with a strong handoff — GDP grew by 0.5 per cent in June, the strongest ... reported that the Canadian economy shrank at an annual rate of 0.5 per cent in the second quarter, ...

Daily Headline - global.abi.org - 09/01/2015 - 19:50 - 0 comments

Regional Airline Pascan Aviation Files For Creditor Protection To Restructure

including $5 million that is unsecured. Read more. (Canada) Regional airline Pascan Aviation ...

Daily Headline - global.abi.org - 09/01/2015 - 19:50 - 0 comments

Baha Mar Resort Files Restructuring Plan in U.S. Court

Baha Mar Ltd. has filed a plan outlining the way the $3.5 billion stalled resort project in the Bahamas hopes to restructure in chapter 11 ahead of a hearing Friday to dismiss its U.S. bankruptcy case, ... filed a plan outlining the way the $3.5 billion stalled resort project in the Bahamas hopes to ...

Daily Headline - global.abi.org - 08/27/2015 - 21:39 - 0 comments

No Christmas Cheer Expected For Stalled $3.5 Billion Bahamas Resort

The opening of the $3.5 billion Baha Mar mega-resort in the Bahamas is expected to be delayed beyond the start of the Christmas season, with the developer deep in an escalating legal battle with the ... The opening of the $3.5 billion Baha Mar mega-resort in the Bahamas is expected to be delayed beyond ...

Daily Headline - global.abi.org - 08/17/2015 - 20:21 - 0 comments

Toronto Housing Market Faces High Risk Of Correction, CMHC Warns

Toronto’s housing market faces a high risk of a correction as soaring home prices have outstripped income growth even as the city is facing a rising supply of unsold condos, Canada’s federal housing agency warned, The Globe and Mail reported. In a ne ...

Daily Headline - global.abi.org - 08/13/2015 - 22:37 - 0 comments

Mexico’s Central Bank Cuts 2015 Growth Forecast

and 2.5% from the previous range of 2% to 3%. If the estimate proves right, it would be a hard blow ... Mexico slashed its growth estimate to between 1.7% and 2.5% from the previous range of 2% to 3%. ...

Daily Headline - global.abi.org - 08/12/2015 - 20:43 - 0 comments

Laura Clothing Chain Files For Creditor Protection

Canadian women's fashion retailer Laura's Shoppe, which owns Laura, Laura Petites and Melanie Lyne, has filed for creditor protection, CBC.ca reported. The company, with more than 150 stores across the country, said it expects to close some und ...

Daily Headline - global.abi.org - 08/04/2015 - 23:04 - 0 comments

Mexico Sees Poverty Climb Despite Rise In Incomes

people, from 45.5 per cent or 53.3m people in 2012 — an increase of 2m people, or 3.7 per cent of those ...

Daily Headline - global.abi.org - 07/30/2015 - 22:23 - 0 comments

Cost To Complete Baha Mar Mega-Resort Has Risen To $400 Million

The cost of completing the stalled $3.5 billion Baha Mar mega-resort in the Bahamas has risen to $400 million, according to a letter from the project's developer. Baha Mar Ltd, run by Sarkis ... completing the stalled $3.5 billion Baha Mar mega-resort in the Bahamas has risen to $400 million, according ...

Daily Headline - global.abi.org - 07/27/2015 - 23:12 - 0 comments

Offshore Case Digest: Issue No. 9 - Bermuda, the British Virgin Islands and the Cayman Islands

The Offshore Case Digest offers readers a high level summary of the major commercial cases decided in Bermuda, the British Virgin Islands and the Cayman Islands between November 2014 and February 2015. Our goal is to provide a useful reference tool for c ...

Resource Article - abi_admin - 07/27/2015 - 16:07 - 0 comments - 0 attachments

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