Milton Friedman Is Right, Profit Is A Company’S Only Purpose
Tall timber towers taking root in Canada as builders look to go green: The Canadian Press
Almost non-existent a decade ago, tall wood buildings have defied skeptics and are sprouting up in cities across Canada as the urgency of the battle to combat climate change grows.
Canadian stocks post their best start to the year since 1980: Bloomberg News
TSX up seven per cent since Jan. 1 on 11th straight day of gains
Facebook may be slapped with a record-setting fine from U.S. regulators over privacy violations: Washington Post
U.S. regulators have met to discuss imposing a penalty expected to be much larger than the US$22.5 million fine Google got in 2012, sources say
David Rosenberg: Best leading indicator of a recession? Try Broadway ticket prices: David Rosenberg
Last time ticket prices fell like this was in 2007, right before the recession almost nobody saw coming
Milton Friedman is right, profit is a company’s only purpose: Terence Corcoran
Terence Corcoran takes on the Nobel economist’s growing league of critics, arguing companies that focus on making shareholders money are just what society needs
China reported to offer to ramp up U.S. imports for six years to eliminate trade imbalance: Reuters
By buying a $1 trillion more of U.S. goods a year, China could reduce trade surplus to zero by 2024, Bloomberg told
B.C.’s money laundering problem may involve billions of dollars, documents say: The Canadian Press
One report by the RCMP estimates $1 billion worth of property transactions in Vancouver were tied to the proceeds of crime
Your personal business better be real if you are using it to claim expenses for tax purposes: Jamie Golombek
Jamie Golombek: If you're running a business as a way to justify writing off some otherwise 'personal' expenses, watch out
This Alberta couple has all their kids’ education money in cannabis stocks. What could possibly go wrong?: Andrew Allentuck
Planner says couple's portfolio is bold, but risky, especially when you factor in three rental properties with negative cash flow. Still, early retirement is within reach
Top-performing hedge is shorting Canadian banks on all the usual suspects — and something even more worrying: Bloomberg News
Outside the financial sector, 80% of Canadian companies aren't generating enough cash to support their businesses, says Crescat
Inflation unexpectedly accelerates as Canadians pay 28% more for airfares, 15% more for vegetables: The Canadian Press
Gas prices though are 8% lower
Investors who bet on good management teams see the payoff when markets crumble: Larry Sarbit
Bad people can be very creative in taking advantage of investors for their own selfish goals. Here's what to watch for
The Latest: French premier checks on Brexit readiness: The Associated Press
LONDON — The Latest on Brexit (all times local): 11 a.m. France’s prime minister is inspecting his country’s preparedness for a no-deal Brexit, visiting the Eurotunnel complex and meeting with small businesses on the English Channel coast. Prime Minister Edou…
Lawrence Solomon: Beijing’s behaviour shows why Ottawa needs to stop pushing Chinese trade: Lawrence Solomon
Better to develop trading relationships with tomorrow’s winners than to tie our fortunes to an economy that can pull us down
FLIR Systems Awarded $89 Million Contract from French Armed Forces to Deliver Black Hornet Personal Reconnaissance System: Business Wire
WILSONVILLE, Ore. — FLIR Systems, Inc. (NASDAQ: FLIR) announced today it has been awarded a contract from the French Defense Procurement Agency (DGA) in support of the French Operational Pocket Drone (DrOP) program. The contract has a ceiling value of $89 mil…
CN Rail, First Nations company partner to build bitumen pucks plant: Geoffrey Morgan
'Solving market access issues for Canada': CanaPux are plastic-looking squares about the size of a yogurt container
Ryanair lowers profit forecast amid tough competition: The Associated Press
LONDON — Budget airline Ryanair, Europe’s biggest carrier by passengers, has warned its profits will be lower than expected — the second such downgrade in four months — because of weaker fares over the winter. The company said Friday it expects full-year prof…
Five things you should know before you start your work day on Jan. 18: Shari Kulha
The top business stories you won't want to miss from the Financial Post
Tesla plans 7 pct staff cut, says road ahead very difficult: The Associated Press
Saying the road ahead was “very difficult,” Tesla’s CEO Elon Musk said Friday that the company would be cutting its staff by about 7 per cent. The electric car and solar panel maker notified its employees about the staff cuts and other plans in an email poste…
May’s foes gather as Britain’s Brexit stalemate drags on: The Associated Press
LONDON — Talks to end Britain’s Brexit stalemate appeared deadlocked Friday, with neither Prime Minister Theresa May nor the main opposition leader shifting from their entrenched positions. May has been meeting with politicians from several parties in a bid t…
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