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MGM marks milestone in planned Massachusetts casino

SPRINGFIELD, Mass.-MGM has marked a milestone in construction of its western Massachusetts casino. Workers on Wednesday raised the final steel beam for the nearly $1 billion resort complex in downtown Springfield. The beam was placed atop what will become the hotel rotunda. MGM Springfield President Michael Mathis, Mayor Domenic Sarno, ...

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Deal creates Canada’s largest Indigenous-owned insurance agency

TIPI Insurance Partners enters into partnership with IMI Brokerage, creating powerhouse company for Indigenous community WINNIPEG, MB–March 02, 2017 – TIPI Insurance Partners announced today it has partnered with IMI Brokerage Company to create Canada’s largest Indigenous-owned insurance agency, providing property insurance, pension plans and group benefits designed exclusively for ...

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RBC grows first quarter profit by 24 per cent to $3.03 billion, revenue up

By Alexandra Posadzki THE CANADIAN PRESS TORONTO-Royal Bank of Canada, the country’s largest lender, reported stronger-than-expected first-quarter results Friday on the back of solid earnings from its Canadian banking, wealth management and capital markets businesses. RBC (TSX:RY), the second of the five big banks to report quarterly earnings, had $3.03 ...

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Will a ‘Trump Dump’ spark the next gold rush? Not necessarily so, experts say

By Linda Nguyen THE CANADIAN PRESS TORONTO-There’s been an undeniable sense of optimism surging through North American stock markets since Donald Trump was elected U.S. president. In recent days, indices in Toronto and New York have either flirted with or smashed their all-time highs. Some financial experts say although there ...

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Court: Indian lending companies subject to federal probe

SAN FRANCISCO-A federal appeals court says lending companies operated by Native American tribes are subject to investigation by a government regulator. The 9th U.S. Circuit Court of Appeals in San Francisco on Friday rejected a claim by three tribes that their lending companies were protected by tribal sovereignty from investigation ...

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The North West Company Inc. Announces Third Quarter Earnings and a Quarterly Dividend

December 13, 2016 12:28 ET WINNIPEG, MANITOBA–(Marketwired – Dec. 13, 2016) – The North West Company Inc. (the “Company” or “North West”) (TSX:NWC) today reported its unaudited financial results for the third quarter ended October 31, 2016. It also announced that the Board of Directors have declared a dividend of ...

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Electricity system operator reports $80 million loss after accounting change

TORONTO- Ontario’s efforts to ease the upward pressure on electricity rates has been dealt a setback by a change in accounting practices. In the government’s public accounts for 2015-16, the Independent Electricity System Operator reported a “previously unrecognized actuarial loss and past service costs” of just over $80 million. The ...

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Teck Resources disappointed with court order to pay $8.3M in costs to U.S. tribe

By Ian Bickis THE CANADIAN PRESS CALGARY-Vancouver-based Teck Resources says it’s “disappointed” with a U.S. District Court ruling ordering it to pay US$8.25 million in legal costs, as part a long-running legal battle over environmental contamination in Washington State. The ruling filed earlier this month by U.S. District Court Judge ...

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