The British Columbia Investment Management Corp. is investing in a global corporate services provider. Through the agreement, which was reached with majority investor Corsair Capital, the institutional investor will secure a minority stake in the Zedra Group. Founded in 2016, Zedra offers its clientele, which includes individuals, pension plans and corporations, a range of financial services. […]
The economy appears to have avoided a worst-case scenario due to the coronavirus pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound. The bank left its target for the overnight rate unchanged at 0.25 per cent, which it has said is as low as it […]