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Tag Archives: Canada

Royal Mail goes west with £210m buy-up of Rosenau Transport

R OYAL Mail is tapping into the worldwide surge in online shopping with the £210 million acquisition of one of Canada’s biggest trucking firms. The delivery group’s overseas freight arm GLS International is picking up family-owned freight group Rosenau Transport to expand operations in North America’s $25 billion parcel market, …

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Newfoundland and Labrador voters head to polls on Feb. 13

ST. JOHN’S, N.L. — Newfoundland and Labrador will become the fourth province to go to the polls during the COVID-19 pandemic after Premier Andrew Furey called an election for Feb. 13. Furey’s request to the province’s chief justice Friday to dissolve the legislature follows two days of free-flowing funding announcements …

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Banking regulator says pandemic uncertainty means now is not the time to consider higher dividends, share buybacks

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

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