More Money Headlines

Greece caves in on civil service layoffs

Greece's coalition government on Monday caved in to demands to cut 15,000 civil service jobs this year, amid mounting international pressure to agree on austerity measures.

Harper's comments make RIM takeover unlikely, say analysts

Prime Minister Stephen Harper's comments that he wants Research In Motion to keep growing as a Canadian company makes a hostile takeover of the BlackBerry maker less likely, analysts said Monday.

Sinopec lobbies top court in oilsands death case

A Chinese state-owned corporation wants the Supreme Court of Canada to overturn a ruling that would force it to stand trial in the deaths of two oilsands workers.

House prices rise in Montreal, Toronto and Vancouver

Price increases in three major Canadian housing markets pushed the Canadian Real Estate Association's home price index higher in January following declines in each of the two previous months.

Harper China delegation includes oil, banking executives

Canadian oil and business executives are well-represented in the delegation travelling to China with Prime Minister Stephen Harper, with oil exports expected to be high on the government's agenda.

Ackman takes CEO plan to CP shareholders

A Wall Street hedge fund pitched Bay Street investors Monday in an effort to get fellow CP Railway shareholders on board with a plan to turn the company around.

BMO breached their privacy, customers say

Two customers say the Bank of Montreal violated their privacy and trust by allowing sensitive financial information to get into the wrong hands, then failing to address their complaints.

Canadian airlines have record January

Canadian airlines say they saw record passenger load factors last month, which is usually a slow period for business travellers.

CAW threatens Electro-Motive plant occupation

The Canadian Auto Workers union is threatening to occupy the Electro-Motive plant in London, Ont., if parent company Caterpillar doesn't offer the out-of-work employees a severance package it deems reasonable.

Saskatchewan essential services law struck down

A Saskatchewan law limiting the ability of public sector workers to go on strike has been ruled unconstitutional by a Queen's Bench judge, but the provincial government says it is still committed to having essential services legislation.

Family Man: Buying a car made easy

Family Man: Buying a car made easy Using a broker to buy my new wheels was easier -- and cheaper. (Toyota Motor Corp.) I finally bought a new car. So I wait about a decade before opening my wallet, and that should be interesting? No. But how about the fact that I saved close to $4,000 and barely broke a sweat doing it? Full Story

Investors like sugar in their coffee

Investors like sugar in their coffee A farmer harvests sugar cane at a state-owned farm near Nanning, Guangxi province, China. Sugar has been trading near 29-year highs. (Bloomberg) This year may turn out to be the year of the commodity fund. Burnt by the financial crisis of the last two years, money managers are now sharply raising the amount of money allocated to raw materials such as oil, gold, copper, sugar and coffee. Full Story

Out with the Aughts: Buy American

Out with the Aughts: Buy American "You can never count America out," says Tony Boeckh, president of Boeckh Cpital Co. Ltd. in Montreal. "It has an incredible ability to rediscover itself and rejuvenate." (Getty Images) It's got a trillion-dollar deficit monkey on its back, its consumers have been gutted, its housing and banking sector could take years to recover, and its currency is a dog. Full Story

Volunteers to help Canadians 'understand the basics' of money

Volunteers to help Canadians 'understand the basics' of money A federal task force will help Canadians become more financially literate in a year when many are drowning in debt. (Getty Images) OTTAWA — Laurie Campbell has devoted much of her adult working life to the agonizing task of helping Canadians who are drowning in debt. Full Story

What's Next for Canada's Banks

What's Next for Canada's Banks In the quarterly earnings season just completed, the six major banks met or beat street expectations. (National Post) Canadians who have profited from how our financial institutions weathered the global economic crisis wonder whether the punch bowl has been removed and the investment party is over. Full Story