Happy Friday! Five things you should know before starting your work day
Good morning! The banks are posting lower results from end-2018 market volatility and poorer credit quality across the country. Ontario has fallen dramatically down the list of international destinations for mining investment. Air Canada says it is proving it has executed its growth strategy with discipline. Oshawa wants in on the U.S. extension of a GM plant’s life.
Even though it earned record revenue, carried a record number of passengers and saw its stock price jump nearly 30% in the past two months, Emily Jackson reports, Air Canada’s stock still closed off 3% yesterday. But it expects capacity investments and news that American Express will participate in the Aeroplan program to boost its valuation multiple.
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