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Mnuchin says he was unaware of IRS memo on tax returns

Mnuchin says he was unaware of IRS memo on tax returns

WASHINGTON — Treasury Secretary Steven Mnuchin said Wednesday he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.
CMHC says Canadians debt levels hit record highs at end of last year

CMHC says Canadians debt levels hit record highs at end of last year

TORONTO — Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and Housing Corp. said in a report out Wednesday. The debt to income ratio of Canadians hit a record high of 178.
Sluggish loan growth eats into CIBC's Q2 profits in the wake of five rate hikes

Sluggish loan growth eats into CIBC's Q2 profits in the wake of five rate hikes

TORONTO — Canadian Imperial Bank Of Commerce saw slow growth in personal and small business banking, offsetting its gains in capital markets and U.S. commercial banking as total earnings fell short of analysts' expectations.
The (new) drug store: Canadian pharmacies grapple with medical marijuana sales rules

The (new) drug store: Canadian pharmacies grapple with medical marijuana sales rules

The Canadian Medical Association is questioning why there needs to be a separate medical marijuana distribution stream, but that is not stopping Canadian pharmacies from exploring ways to sell medical marijuana to authorized users in the lead-up to t
Kinder Morgan Canada shareholders to net $1.2 billion on sale

Kinder Morgan Canada shareholders to net $1.2 billion on sale

Ian Anderson now heads the new government-owned Trans Mountain Corporation