Wall of Fame

Canada’s main stock index hovered near four-week highs on Thursday, amid broad-based sectoral gains, while investors awaited U.S. employment data to gauge the trajectory of interest rate cuts in the world’s largest economy. At 10:54 a.m. ET, the Toronto Stock Exchange’s S&P/TSX composite index was up 11.25 points, or 0.05%,...

Written By: Phoebe Yong, Founder and President, Magnolia Communications A crisis can be a terrifying time for a business. Navigating the many unknowns that arise in a crisis is enough to cause panic, but the speed at which negative sentiment spreads online can heavily contribute to a company’s fears about...

While non-compete clauses are unpopular and presumptively unenforceable in employment contracts, a recent Ontario Court of Appeal ruling serves as a helpful reminder of their enforceability in M&A deals, says Charlie Kim, a partner at Robins Appleby LLP. According to a January Angus Reid poll, over half of Canadians support...

Vancouver-based Harbourfront Wealth Management has acquired Calgary-based Cornerstone Investment Counsel Ltd. Cornerstone is an independent portfolio management firm that serves about 500 high-net-worth families. “All employees from [Cornerstone] will be joining Harbourfront,” said Danny Popescu, founder and CEO of Harbourfront. Harbourfront’s acquisition of Cornerstone adds a “material amount” to Harbourfront’s...

Variable rates may have inched downwards after the Bank of Canada’s decision to lower its benchmark rate on June 5 – but even with further cuts expected for the rest of the year, there seems little chance of an imminent borrower surge towards those mortgage types. As the central bank...