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  More auto money on the way, Ontario says
KAREN HOWLETT and GREG KEENAN  

Wednesday, May 09, 2012

The cash-strapped Ontario government is prepared to invest more money in the auto sector to help car companies respond to a strong sales recovery, Premier Dalton McGuinty says.''They are in a sense our leading goal scorer,'' Mr. McGuinty told reporters Tuesday. ''They put the puck in the net over and over again on behalf of the Ontario economy. We need to find ways to ensure that they remain healthy.
FULL STORY


Ontario cuts generic drug payments again
MARINA STRAUSS and KAREN HOWLETT  

Tuesday, April 24, 2012

Shoppers Drug Mart Corp. has been hit with yet another round of Ontario cuts in generic prescription drug prices while still grappling with earlier profit-pinching drug reforms.In an unexpected move, the Ontario government said late Friday that it is lowering the price it will pay for the top 10 generic drugs to 20 per cent of their brand-name equivalents, from 25 per cent previously. The initiative will save the province $55-million in public drug-plan costs, which can be redirected to ''more important priorities,'' it said in a background paper.
FULL STORY


Governments brace for higher debt costs
KAREN HOWLETT  

Thursday, January 12, 2012

Canadian governments are bracing for major changes to banking rules in the U.S. that would make it more difficult and expensive for them to borrow money, at a time when many need greater access to international investors to finance their debts.
FULL STORY


Ontario lands electric Toyota RAV4 project
KAREN HOWLETT  

Friday, August 05, 2011

Toyota Motor Corp. will assemble the electric version of the RAV4 at its plant in Woodstock, Ont., helping the province nab a slice of the burgeoning market for battery-powered vehicles.
FULL STORY


AECL sale pits Ontario against Ottawa
SHAWN McCARTHY and KAREN HOWLETT  

Wednesday, June 29, 2011

Ontario is on a collision course with Ottawa over the Harper government's impending deal to sell off Atomic Energy of Canada Ltd., and get out of the business of subsidizing nuclear reactor sales.
FULL STORY


Duncan says he won't block TMX-LSE deal
KAREN HOWLETT  

Wednesday, May 25, 2011

Ontario Finance Minister Dwight Duncan has assured the British government that he will not allow politics to interfere with a proposed deal to merge the holding companies of the London and Toronto stock exchanges if it gets the go-ahead from Investment Canada, securities regulators and shareholders.
FULL STORY


New TMX bid to test regulators
BOYD ERMAN and KAREN HOWLETT  

Monday, May 16, 2011

A bank-led proposal to buy TMX Group Inc.in a deal valued at $3.6-billion will hang on whether Canadian regulators can accept a return to the near-monopoly in stock trading that would result.
FULL STORY


Ontario seeks equal board representation in TMX deal
KAREN HOWLETT  

Wednesday, April 20, 2011

A deal between the operators of the Toronto and London stock exchanges should live up to its billing as a ''merger of equals'' by giving Canada a bigger voice on the combined entity's board of directors, says an influential committee of the Ontario Legislature.
FULL STORY


Committee to propose changes to merger
KAREN HOWLETT  

Friday, April 15, 2011

A government-commissioned report on a proposed deal between the companies that operate the Toronto and London stock exchanges will reflect concerns raised during committee hearings by calling for major changes to protect Canada's interests, sources say.
FULL STORY


Ontario lawmakers back TMX-LSE deal
KAREN HOWLETT, TARA PERKINS and GRANT ROBERTSON  

Thursday, April 14, 2011

The architects of a deal between TMX Group Inc. and the London Stock Exchange Group PLC have cleared a major hurdle by winning the backing of an all-party committee of MPPs at the Ontario legislature.
FULL STORY


Stock exchange chiefs say local markets 'here to stay'
BOYD ERMAN and KAREN HOWLETT  

Thursday, March 03, 2011

The architects of a transatlantic deal between the Toronto and London stock exchanges tried to win over wary politicians on Wednesday with assurances that ''local markets are here to stay'' and Canadian markets would continue to be regulated domestically.
FULL STORY


Lawyers fear job losses on Bay Street
KAREN HOWLETT and JEFF GRAY  

Friday, February 11, 2011

Some Bay Street lawyers are echoing concerns voiced by the Ontario government over the proposed merger between the Toronto and London stock exchanges, saying it could lead to the loss of high-paying jobs in Canada's financial capital.
FULL STORY


'Merger of equals' faces tough political path
STEVEN CHASE, KAREN HOWLETT and ADAM RADWANSKI  

Thursday, February 10, 2011

The Ontario government is emerging as a potential obstacle to the $7-billion-plus deal to merge the Toronto and London stock exchanges and is raising doubts about a transaction that would see Canadian shareholders own a 45-per-cent minority share of the transatlantic venture.
FULL STORY


Saskatchewan opposes national securities regulator
KAREN HOWLETT  

Tuesday, December 21, 2010

Saskatchewan is formally opposing the creation of a single securities regulator, providing fresh ammunition for the provinces waging a fight against Ottawa.Saskatchewan joined Alberta, Manitoba and Quebec on Monday in rejecting the federal government's push to create a single regulator.
FULL STORY


Ontario fears regulator plan is 'falling apart'
KAREN HOWLETT  

Friday, November 26, 2010

Ottawa's ambitious plan to create a national securities regulator is ''falling apart'' and the Harper government is not doing enough to save the initiative, Ontario's Finance Minister has warned.
FULL STORY


GM IPO to leave Canadian taxpayers short
GREG KEENAN AND KAREN HOWLETT  

Thursday, November 04, 2010

The General Motors Co. initial public offering will return more money to federal and Ontario government coffers than expected, but will still fall about $3-billion (U.S.) short of the $9.5-billion Canadian taxpayers doled out to help keep the auto giant afloat last year.
FULL STORY


GM IPO will leave taxpayers on the hook
KAREN HOWLETT and GREG KEENAN  

Tuesday, November 02, 2010

Canadian governments will recoup only a fraction of their $9.5-billion (U.S) investment in General Motors Co. when the one-time largest auto maker in the world completes the latest phase of its historic restructuring later this month.
FULL STORY


New OSC chair will lead push for national agency
JANET McFARLAND and KAREN HOWLETT  

Thursday, October 14, 2010

The Ontario government has reached into one of its own provincial agencies to name Howard Wetston, a trusted bureaucrat and former federal court judge, as the country's top securities regulator.
FULL STORY


Fight brewing over securities watchdog plan
KAREN HOWLETT AND JANET McFARLAND  

Thursday, July 15, 2010

The federal government is bracing for a showdown in the Supreme Court of Canada, where it will square off against three provinces staunchly opposed to its plans to create a national securities regulator.
FULL STORY


Proposal to scatter regulator offices 'huge step backward'
JANET McFARLAND AND KAREN HOWLETT  

Wednesday, July 14, 2010

A controversial proposal to create a new national securities regulator without a head office simply replaces one patchwork system with another, critics of the plan say.The proposed Canadian Securities Regulatory Authority would rely on a diffuse group of regional offices to oversee the country's securities markets, much like the current group of provincial regulators that has long been criticized as splintered and often ineffective.
FULL STORY


A BITTER PILL
MARINA STRAUSS, GRANT ROBERTSON AND KAREN HOWLETT  

Saturday, April 17, 2010

The pharmacy at Lovell Drugs in Oshawa, Ont., is a beehive of activity on a weekday morning. No bigger than a studio apartment, there are seven people behind the counter working in tight quarters, meting out pills.
FULL STORY


Shoppers faces pitfalls and opportunities in wake of Ontario drug rule changes
MARINA STRAUSS AND KAREN HOWLETT  

Saturday, April 10, 2010

Shoppers Drug Mart Corp. is under siege. It faces a deep profit hit amid proposed generic drug changes in Ontario. Its stock has been beaten down. And it's chopping revenue growth prospects by slashing store hours, staff and expansion plans to soften the blow.
FULL STORY


Ontario insists regulator HQ be in Toronto
KAREN HOWLETT AND JANET McFARLAND  

Thursday, March 11, 2010

Ontario is bracing for a showdown with the federal government over the province's insistence that the head office for a proposed national securities regulator must be in Toronto, home to Canada's major industry players.
FULL STORY


Loblaw to tap Ontario program with solar panels
KAREN HOWLETT  

Wednesday, March 10, 2010

Canada's largest supermarket chain plans to install rooftop solar panels on many of its Loblaws stores in Ontario, becoming one of the first companies to jump aboard the province's new renewable-energy program.
FULL STORY


Ottawa tries to sidestep legal challenges
KAREN HOWLETT, JANET MCFARLAND and RHÉAL SÉGUIN  

Saturday, December 19, 2009

The federal government plans to turn up the heat on its constitutional showdown with Quebec by asking the courts to toss out the province's legal challenge to a proposed national securities regulator.
FULL STORY

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