Results for Canada
- Home Prices Still A Worry, 'Sharper Correction' Possible, BoC Says
The patient is doing better but is still in intensive care: That’s the Bank of Canada’s latest assessment of risks to the Canadian financial system amid a prolonged period of fragility for the global economy, The Globe and Mail reported. Risks to the ...
Daily Headline - global.abi.org - 06/13/2013 - 19:57 - 0 comments
- DIP Priority Clarified, but Deemed Trust Ruling Raises Other Questions
THE INTERNATIONAL SCENE: DIP Priority Clarified, but Deemed Trust Ruling Raises Other Questions (citation: Christopher Besant, Frank Spizzirri and Shaheen Karolia, DIP Priority Clarified, but Deemed Trust Ruling Raises Other Questions, XXXII ABI Journa ...
Resource Article - abi_editor - 05/29/2013 - 14:59 - 0 comments - 0 attachments
- Canadians Keeping Ahead of Their Debts, But Risks Remain
Canadians keep getting new credit cards. And, despite all the worries about record-high household debt, they keep paying them off, The Wall Street Journal Real Time Canada blog reported. Overall consumer credit, excluding mortgages, has grown robustl ...
Daily Headline - global.abi.org - 05/09/2013 - 20:04 - 0 comments
- Half Of Canada’s Mid-Sized Cities Have Not Recovered From Recession: Study
Some of Canada’s mid-sized cities are flourishing – but not all: Almost half of them have not recouped the jobs they lost during the recession, The Globe and Mail reported. New analysis by the Conference Board of Canada finds that 21 of the 46 medium ...
Daily Headline - global.abi.org - 05/06/2013 - 20:36 - 0 comments
- Nortel Units Appeal Venue Decision In $7.3 Billion Asset-Sale Feud
Nortel Networks Corp.'s European units on Wednesday appealed a Delaware bankruptcy judge’s decision to forego arbitration and, instead, hold a cross-border trial in conjunction with a Canadian court to decide how to split $7.3 billion in cash betwee ...
Daily Headline - global.abi.org - 04/18/2013 - 21:09 - 0 comments
- Canadian Oil Field Company Enters Chapter 15 After Earnings Backtrack
Calgary-based oil field services firm Poseidon Concepts Corp. filed for Chapter 15 bankruptcy protection Friday in Colorado bankruptcy court, three days after petitioning for creditor protection in Canadian court and nearly two months after announcing it ...
Daily Headline - global.abi.org - 04/15/2013 - 21:54 - 0 comments
- Canadian Telemarketer Seeks Ch. 15 Protection In Delaware
U.S. units of Canadian telemarketer iMarketing Solutions Group Inc. entered Chapter 15 in Delaware bankruptcy court Friday and sought immediate recognition of the insolvency proceedings commenced by its parent in a Toronto court earlier in the day, Law36 ...
Daily Headline - global.abi.org - 04/14/2013 - 22:36 - 0 comments
- Poseidon Wins Court Protection From Creditors
Investors in one-time market darling Poseidon Concepts Corp. are unlikely to recover any value despite the company winning temporary court protection from creditors, a Calgary analyst says, the Edmonton Journal reported. On Wednesday, the Calgary oil ...
Daily Headline - global.abi.org - 04/10/2013 - 21:19 - 0 comments
- Canada To Set Higher Capital Requirements For Key Banks
Canada's federal budget laid out plans on Thursday to impose higher capital requirements on banks whose failure could disrupt the Canadian financial system and economy, Reuters reported. Finance Minister Jim Flaherty also said the federal government ...
Daily Headline - global.abi.org - 03/21/2013 - 23:16 - 0 comments
- Nortel Bankruptcy To Be Resolved In Trial
The U.S. and Canadian judges overseeing the long-deadlocked bankruptcy of Nortel Networks Corp. have ruled that a joint cross-border trial will be held later this year to determine how to divvy up the defunct company’s remaining $9-billion, The Globe a ...
Daily Headline - global.abi.org - 03/10/2013 - 21:28 - 0 comments