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TD a ‘ways off’ from being an attractive investment following charges: portfolio manager

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BNN Bloomberg One portfolio manager says Toronto Dominion Bank is still far away from being an attractive investment opportunity after the lender pleaded guilty to failing to prevent money laundering by criminals in the U.S. Bloomberg News reported Thursday that two of the bank’s U.S. units entered guilty pleas to charges before a U.S. federal judge …

TD a ‘ways off’ from being an attractive investment following charges: portfolio manager Read More »

Cost of Trans Mountain pipeline expansion soars 70 per cent to $21.4 billion

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CALGARY — The projected cost of the Trans Mountain pipeline expansion has soared 70 per cent to $21.4 billion, while its completion is delayed. The Crown corporation behind the massive project says the total cost has increased from its earlier estimate of $12.6 billion. Trans Mountain Corp. partially blames the cost increases on the COVID-19 …

Cost of Trans Mountain pipeline expansion soars 70 per cent to $21.4 billion Read More »

Tesla faces another US investigation: Unexpected braking

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DETROIT (AP) — U.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason. The government says it has 354 complaints from owners during the past nine months about “phantom braking” in Tesla Models 3 and Y. The probe covers …

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Carbon credits outperforming bitcoin, in the bet on a longer energy transition

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Jeff Lagerquist Thu, February 17, 2022 Canada’s first carbon credit-based exchange traded funds (ETFs) offer an alternative to oil and gas stocks for investors who believe industrial thirst for fossil fuels will be a tough habit to break. The price of European carbon credits – a core holding of two newly launched ETFs – has …

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Air Canada earnings: Recovery ‘strong and well underway’ despite Omicron

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Alicja Siekierska Fri, February 18, 2022 Air Canada’s (AC.TO) chief executive officer says the recovery from the COVID-19 pandemic remains “strong and well underway,” as more people book travel for 2022 and despite the impact of the Omicron variant. CEO Michael Rousseau told analysts on a conference call Friday morning that while the Omicron variant …

Air Canada earnings: Recovery ‘strong and well underway’ despite Omicron Read More »

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