A street sign for King St. West hangs off a light standard at the corner of King Street West and Bay Street on January 12, 2015.Fred Lum/The Globe and Mail
Whither the loonie? Depends who you ask
Which way will the loonie head next? The market says down. Many of Bay Street's leading economists say up. The stark difference in opinion between investors and experts underlines a key truth about currency markets: Nobody knows anything for sure. Story (Ian McGugan)
Ottawa loosens ownership limits on Bill Gates-held CN Rail and major airlines
The Canadian government is lifting ownership restrictions for Canadian National Railway Co., the country's largest railroad company, and major airlines as part of efforts to bolster competition in the country's transport sector. Story
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DAILY DEALS
Etsy, the online marketplace for everything from wedding decorations to personalized baby onesies, could soon be listing itself for sale. (Bloomberg) Story
Britain is set to sell its remaining stake in Lloyds Banking Group on Wednesday, making the lender the first to re-emerge from British state ownership in a symbolic step for the country's recovering banking sector. (Reuters) Story
Several Spanish banks, including state-owned Bankia, have shown interest in a potential merger with Banco Popolare, as its new management considers options for how to cope with billions of euros in toxic assets. (Reuters) Story
ELSEWHERE IN FINANCE
Activist investors, a perennial nuisance for chief executives, are becoming an existential threat. (WSJ) Story