Kraft Heinz CEO Hire Points to Major Asset Sales, Split
Kraft Heinz appoints Steve Cahillane, architect of Kellogg's breakup, as new CEO. Analysts see move as prelude to major asset sales and corporate split. Get the full story.
Category : Search result: asset forfeiture
Fengate names Alexander Glassman U.S. Real Estate MD
Fengate Asset Management strengthens its U.S. push with the appointment of Alexander Glassman as Managing Director, Real Estate, U.S. Investments, based in Miami.
Geotab Expands Sourcewell Contract for Public Sector
Geotab broadens its Sourcewell and Canoe Procurement contracts, adding video telematics, asset tracking, and data analytics to help Canadian public agencies optimize fleets and infrastructure.
B.C. wins $1M forfeiture linked to failed QuadrigaCX crypto firm
British Columbia has secured a default judgment to forfeit over $1 million in assets from a safety deposit box linked to QuadrigaCX co-founder Michael Patryn. Discover the details of this major civil forfeiture case.
Crypto tax crackdown yields millions, no charges
Canada's CRA has recovered millions in unpaid crypto taxes, yet no criminal charges have been laid. Experts question the enforcement strategy's effectiveness as a deterrent.
Oil Could Be Next TSX Driver After Gold's 2025 Surge
National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.
B.C. Moves to Seize 3 More Hells Angels Clubhouses
British Columbia's government is pursuing the civil forfeiture of three Hells Angels clubhouses as part of a crackdown on organized crime. Learn about the legal strategy and its implications.
Brookfield to Cease Operating Peru Toll Roads Wednesday
Brookfield Asset Management will stop operating key Lima highways after courts suspended toll collection. The city of Lima is set to take over, ending a major Latin American infrastructure dispute.
B.C. sues to seize 3 more Hells Angels clubhouses
The B.C. government files a new civil forfeiture lawsuit to seize three Hells Angels clubhouses in Surrey, Mission, and Pitt Meadows, alleging they were funded by crime. Read the latest.
Laurentian Bank sells $1.9B portfolio in strategic split
Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.
Crypto Hoarders Dump Tokens Amid Market Rout
Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.
Court expands Evergrande asset freeze on ex-wife's $220M
A Hong Kong court has strengthened an injunction freezing $220M in assets of Evergrande founder's ex-wife across Canada and other jurisdictions, aiding liquidators in the massive corporate collapse.
Carney's chief of staff draws rebuke for ethics comparison
PM Mark Carney's chief of staff, Marc-André Blanchard, faces Conservative criticism for comparing Carney's extensive ethics screen to that of Stephen Harper's former chief of staff. Discover the details of the conflict of interest review.
Sabia appears at ethics committee on Carney conflicts
Privy Council Clerk Michael Sabia testifies on PM Carney's extensive conflict-of-interest screen covering 100+ corporate entities. Key details on the ethics committee hearing.
$1.2M Buried Cash Forfeited in Ontario Case
After 16-year legal battle, Marcel Breton loses appeal to recover $1.2 million found buried in Rubbermaid tub under garage floor despite being acquitted of criminal charges.
Managing TFSAs, RRSPs and Assets During Divorce
Expert financial steps to protect your credit and rebuild your finances after divorce. Learn how to handle TFSAs, RRSPs and shared assets in Canada.
Michael Burry's Hedge Fund Deregisters with SEC
Michael Burry's Scion Asset Management has terminated its SEC registration. The 'Big Short' investor hinted at new ventures starting November 25th.
Nasdaq Staffing Up for ETF Share Class Listings
Nasdaq is aggressively hiring to prepare for a surge in ETF share class listings after U.S. regulators approved the new structure. Learn how this move impacts the $13 trillion ETF market.
Michael Burry Bets Big on China Stocks & Gold
The legendary investor who predicted the 2008 financial crisis is back with massive new positions in Chinese stocks and gold ETFs, alongside cryptic market warnings.
Fengate Breaks Ground on Oakville Seniors Community
Fengate Asset Management breaks ground on a transformative $200 million seniors community in Oakville, featuring luxury amenities and comprehensive care services for Ontario's aging population.
Regina Police get $280K crime cash for range upgrades
Regina Police Service secures major funding from criminal asset seizures to modernize their training facility, enhancing officer preparedness and community safety.
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