Jasper wildfire’s insured lossses, the cost of Gildan’s proxy fight and China’s BYD eyes Canada: Business and investing news for August 4Gildan Activewear Inc. CEO Glenn Chamandy, from left to right, with chairman Michael Kneeland and Browning West partner Peter Lee following their annual meeting in Montreal on May 28.
that will link Windsor to Detroit by speaking to business owners, policy makers and residents. Slated to open to traffic in September, 2025, the new bridge is emblematic of a wider rebirth of the Windsor economy in recent years. It is expected to provide an adrenalin shot to the regional economy, while also reshaping the very face of the two cities it touches.
Scammers can avoid paying penalties to securities regulators by declaring bankruptcy, Supreme Court rules The Supreme Court of Canada ruled earlier this week that financial criminals can avoid punitive fines from securities regulators by declaring bankruptcy. Thereversed two lower court decisions, ending a decade-long legal saga. It also places substantial limits on the power of market watchdogs across Canada. The case is critical for securities regulators who struggle to collect many of the fines they impose on people who commit fraud and other violations, Jameson Berkow reports.
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