TSX eases in muted response to US bank results. Canadians even less productive than thought over past 30 years. $3-billion casino unveiled for TO. Most of Canada’s small businesses start with less than $5000: study.

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business, Economy

TSX eases in muted response to US bank results

Reuters Canada – 3 hours ago

By Claire Sibonney TORONTO (Reuters) – Toronto’s main stock index was slightly lower on Friday morning as negative market reaction to quarterly results from a pair of major US banks added to prevailing concerns about slowing global economic growth.

TEXT-S&P:Gibson Energy acquisition announcement crdt ntrl

Reuters – 3 hours ago

Oct 12 – Standard & Poor’s Ratings Services today said that its ratings on Gibson Energy ULC (BB-/Stable/–) are unaffected by the company’s announcement that it plans to acquire OMNI Energy Services Corp.

Canadians even less productive than thought over past 30 years

Globe and Mail – an hour ago

Canadian workers are even less productive than originally thought – 0.1 per cent per year less productive, to be exact. That’s the conclusion of Statistics Canada after a series of recent revisions to more than 30 years of key economic data as the …

$3-billion casino unveiled for TO

Toronto Star – 4 hours ago

Oxford Properties Group announced plans Friday for a $3-billion redevelopment of the Metro Toronto Convention Centre on Front St. W. that would place a casino in the heart of downtown.

Most of Canada’s small businesses start with less than $5000: study

CTV News – 25 minutes ago

A new study suggests the majority of Canada’s small business owners started out with less than $5000. Intuit Canada says its research found that 58 per cent of Canada’s small business owners started out with less than $5000 and 79 per cent started …