Canada’s construction crisis, RBC shakes up leadership ranks and CRA under investigation for bare trust rules: Business and investing news for July 14Tristan Hoeppner, a 19-year-old heavy equipment operator, loads blast rock into a truck at Hidden Trails, a Homex development in Kamloops, B.C. on June 6.
as it integrates its takeover of HSBC Bank Canada, Stefanie Marotta reports. It is also splitting up its largest business unit, making the personal and commercial divisions as stand-alone teams. Toronto-Dominion Bank, on the other hand, hasamid a lengthy probe by U.S. regulators and law enforcement agencies. TD has tapped a new hire from the Financial Transactions and Reports Analysis Centre of Canada and a hire who formerly worked for the U.S. Department of Homeland Security.
The LCBO strike enters Day 10 following a week of barbs between union leaders and the Ontario government. Ontario Premier Ford said that he believes a deal can be reached between the Liquor Control Board of Ontario and striking workers, butfrom the provincial government that its plan won’t result in job losses for its members. Meanwhile, the strike is– as import agents seek clarity on the state of shipments and restaurants and bars struggle to keep products in stock.