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Incoming chairman chairman Thornton watches outgoing chairman Munk speak at the Barrick Gold annual general meeting for shareholders in Toronto,

Barrick Chairman Thornton gets nearly $13 million in 2014 compensation

(Reuters) - Barrick Gold Corp, which last year implemented a new executive compensation plan after an outcry from shareholders, paid Executive Chairman John Thornton $12.9 million in 2014, a third more than in 2013. Jim Gowans and Kelvin Dushnisky, co-presidents of Barrick, the world's biggest gold producer, received $7.3 million and $4.5 million respectively, according to Barrick's annual infor…

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX falls on broad declines despite … Reuters - Thu, 26 Mar, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Thursday as pessimism about economic growth hit banks and insurers, offsetting limited … More »TSX falls on broad declines despite …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Thursday as pessimism about economic growth hit banks and insurers, offsetting limited resource stock gains on the back of Middle Eastern violence that pushed oil prices higher. Saudi Arabia and its allies launched air strikes on rebels in Yemen …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX set for lower open due to global … Reuters - Thu, 26 Mar, 2015

    (Reuters) - Tracking global markets, stock futures pointed to a lower opening for Canada's main stock index on Thursday after Saudi Arabia and its allies launched air … More »TSX set for lower open due to global …

    Toronto Stock Exchange logo is seen in Toronto

    (Reuters) - Tracking global markets, stock futures pointed to a lower opening for Canada's main stock index on Thursday after Saudi Arabia and its allies launched air strikes on Yemen. Warplanes from Saudi Arabia and Arab allies struck Shi'ite Muslim rebels fighting to oust Yemen's president on Thursday, a gamble by the …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX falls 1 percent, energy is only … Reuters - Wed, 25 Mar, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell 1 percent on Wednesday, with heavyweight banks and insurers weighing, while a bounce in oil prices … More »TSX falls 1 percent, energy is only …

    Toronto Stock Exchange logo is seen in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell 1 percent on Wednesday, with heavyweight banks and insurers weighing, while a bounce in oil prices helped some of the country's biggest oil and gas producers. The overall slip was less severe than that seen in the United States, as investors fretted …

  • Toronto Stock Exchange logo is seen in Toronto
    Energy, financial sectors drive TSX … Reuters - Tue, 24 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose for a third straight session on Tuesday, driven by gains in shares of energy producers and financial … More »Energy, financial sectors drive TSX …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose for a third straight session on Tuesday, driven by gains in shares of energy producers and financial companies despite sluggish economic data from China. The TSX is up about 3 percent so far this year. “It’s quite likely that value investors are getting …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX edges higher on strength in natural … Reuters - Mon, 23 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index posted a small gain on Monday, helped by strength in natural resource shares as they benefited from higher … More »TSX edges higher on strength in natural …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index posted a small gain on Monday, helped by strength in natural resource shares as they benefited from higher commodity prices. Commodities have been boosted by weakness in the U.S. dollar since a statement by the Federal Reserve last week that signaled a softer …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX advances as resource shares cli … Reuters - Fri, 20 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Friday as shares of oil producers and miners rose with commodity prices, helping the index record … More »TSX advances as resource shares cli …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Friday as shares of oil producers and miners rose with commodity prices, helping the index record a weekly gain. Oil, copper and other commodity prices benefited from weakness in the U.S. dollar, which has been choppy since the U.S. Federal Reserve …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX declines as Fed rally reversed, … Reuters - Thu, 19 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday, reversing the previous session's gain, as investors digested comments from the U.S. Federal … More »TSX declines as Fed rally reversed, …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday, reversing the previous session's gain, as investors digested comments from the U.S. Federal Reserve, while shares of energy producers dropped with oil prices. The market curbed its enthusiasm on Thursday, with the drop on the Toronto stock market's …

  • Canadian dollar plunges 1 cent as investors … CBC - Thu, 19 Mar, 2015

    After shooting up yesterday on news the Fed may move more slowly than expected on interest rates, the markets reversed course Thursday as they seemed to reconsider the … More »Canadian dollar plunges 1 cent as investors …

    After shooting up yesterday on news the Fed may move more slowly than expected on interest rates, the markets reversed course Thursday as they seemed to reconsider the message from the U.S. central bank. Oil prices slid, the Canadian dollar as down and stocks moved mainly lower as investors came to terms with the fact …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX up after U.S. Fed comments ease … Reuters - Wed, 18 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index hit its highest level in more than a week on Wednesday after the U.S. Federal Reserve opened the door further … More »TSX up after U.S. Fed comments ease …

    A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index hit its highest level in more than a week on Wednesday after the U.S. Federal Reserve opened the door further to the possibility of an interest rate increase. The bank provided more clarity about plans to raise interest rates, but stopped short of saying when …

  • B.C. stock manipulators get $29M in … CBC - Wed, 18 Mar, 2015

    Securities regulators in British Columbia have issued fines and penalties totalling almost $29 million against a group of five B.C. residents for manipulating a stock … More »B.C. stock manipulators get $29M in …

    Securities regulators in British Columbia have issued fines and penalties totalling almost $29 million against a group of five B.C. residents for manipulating a stock on the TSX Venture Exchange. In addition to the fines and penalties, a British Columbia Securities Commission panel also permanently banned all five from …

  • Oil, stocks rebound after Fed annou … CBC - Wed, 18 Mar, 2015

    A report from the Fed open market committee downgrading growth for the U.S. sent stocks shooting higher this afternoon and reversed the course of oil and the Canadian … More »Oil, stocks rebound after Fed annou …

    A report from the Fed open market committee downgrading growth for the U.S. sent stocks shooting higher this afternoon and reversed the course of oil and the Canadian dollar. West Texas Intermediate, a key North American crude futures contract, was up $1.53 at the close of trading to $44.99 US a barrel, after hitting a …

  • Toronto Stock Exchange logo is seen in Toronto
    Oil-share bounce helps TSX edge higher … Reuters - Tue, 17 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose slightly on Tuesday, lifted by a small bounce-back in oil producers, as investors anxiously awaited … More »Oil-share bounce helps TSX edge higher …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose slightly on Tuesday, lifted by a small bounce-back in oil producers, as investors anxiously awaited a U.S. Federal Reserve statement on its policy outlook. After being beaten down for months, energy shares rose, shrugging off rising crude inventories that …

  • Dow, oil head lower on eve of Fed m … CBC - Tue, 17 Mar, 2015

    New York stocks were dropping on Tuesday, a day before the U.S. Federal Reserve releases its latest take on the U.S. economy which could signal when it may have to hike … More »Dow, oil head lower on eve of Fed m …

    New York stocks were dropping on Tuesday, a day before the U.S. Federal Reserve releases its latest take on the U.S. economy which could signal when it may have to hike interest rates. The Toronto stock market moved into the positive column mid-afternoon Tuesday as oil prices declined modestly after a string of steep declines. …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX climbs on upbeat sentiment ahead … Reuters - Mon, 16 Mar, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose on Monday as most major sectors benefited from bullish global equity market sentiment ahead of a … More »TSX climbs on upbeat sentiment ahead …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose on Monday as most major sectors benefited from bullish global equity market sentiment ahead of a crucial U.S. Federal Reserve policy meeting later this week. A gain in Valeant Pharmaceuticals International Inc provided further support and helped overcome …

  • Canadian dollar dips below 78 cents … CBC - Fri, 13 Mar, 2015

    The TSX was down 39 points to 14,631 as the energy sector shrank yet again. The cause was lower oil prices, with West Texas Intermediate crude down $1.91 to $45.12 US … More »Canadian dollar dips below 78 cents …

    The TSX was down 39 points to 14,631 as the energy sector shrank yet again. The cause was lower oil prices, with West Texas Intermediate crude down $1.91 to $45.12 US a barrel, after fresh reports confirmed the glut of North American oil. There had been hopes that oil prices would stabilize in the $50 a barrel range, …

  • TSX ends lower as energy shares fal … Reuters - Fri, 13 Mar, 2015
    A man walks past an old Toronto Stock Exchange sign in Toronto

    TORONTO (Reuters) - Canada's main stock index fell on Friday as renewed concerns about oversupply and a strong U.S. dollar fueled a drop in oil prices and sent shares of energy producers lower. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 39.22 points, or 0.27 percent, at 14,731.50. …

  • A man walks past an old Toronto Stock Exchange sign in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index ended higher on Thursday as a rise in copper prices supported shares of some mining companies, offsetting a decline in the energy sector. The benchmark TSX’s second straight gain follows equity market weakness after a strong U.S. jobs report on Friday fueled …