CALGARY — Investors have long been frustrated by Petro-Canada’s share price, so it’s not surprising if some are pressing for the company (TSX:PCA) to change its direction but it might be difficult to do so in the current environment, an analyst said Monday.
One source reported that the Ontario Teachers Pension Plan, which owns about three [...]

Others expect short recession and sharp rebound
Alia McMullen, Financial Post
Published: Monday, February 02, 2009
The federal government’s fiscal stimulus package, while eventually expected to exert some positive economic influence, will not prevent Canada’s slide into a deep recession in 2009, said David Wolf, the Canadian economist and strategist at Merrill Lynch.
He said the Bank of Canada [...]

By Doug Alexander and Sean B. Pasternak
Feb. 2 (Bloomberg) — Royal Bank of Canada Chief Executive Officer Gordon Nixon agreed to forgo C$4.95 million ($4 million) in bonuses, more than half his total compensation, after profit fell for the first time in four years on debt writedowns.
Nixon was awarded about C$3.8 million in salary [...]

STEVE LADURANTAYE
Globe and Mail Update
February 2, 2009 at 10:59 AM EST
Maple Leaf Foods Inc. says its $27-million settlement in a food-poisoning class-action lawsuit is heading to court for final approval, with victims receiving payments ranging from $750 to $125,000.
The company said Tuesday it would pay $125,000 to the estates of those who died from [...]