Wal-Mart Stores Inc (WMT.N) on Friday named a new chief financial officer and installed a chief merchant, marking the latest shuffling of its management ranks as the retailer grapples with sluggish earnings.
The Liberal Party will likely emerge from the Oct. 19 election with a minority government, according to analysts at Macquarie Capital Markets Canada. But regardless of the outcome, they say more left-leaning influence is headed for Ottawa.
The federal Conservatives are committing to provide the auto industry with more than $1 billion over the next decade to help it cope with the elimination of tariffs as a result of the Trans-Pacific Partnership.
The Liberal Party is planning for a razor-thin surplus in the final year of a four-year mandate, if elected in October, based in part on shrinking the contingency fund and finding $3-billion a year in ongoing spending cuts.
Prime Minister Stephen Harper came under attack from his two main rivals over pipelines and the economy as they sought to stake their claim for power in the first televised debate ahead of the Oct. 19 vote.