Laurentian restructuring in bid to cut operating costs

Article Abstract:

Laurentian Bank of Canada is carrying out a restructuring of its businesses in order to reduce operating costs. The bank wants to make highly-expensive operations more consumer-friendly and efficient.

Commercial Banking, Commercial banks, Management, Laurentian Bank of Canada

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Judge puts new pressure on airline creditors: Air Canada restructuring lags

Article Abstract:

The judge overseeing Air Canada efforts to restructure is trying to pressure the airline creditors to resolve outstanding issues by inviting them to decide whether to eliminate the insolvent airline in 2004. The judge's invitation appears at the end of a March 19, 2004 ruling in which he approved Air Canada's planned purchase of two Airbus A340-500 jets, called 'ultra-long-range,' wide-bodied aircraft capable of flying non-stop between Toronto and Hong Kong.

Air Transportation, Scheduled, And Air Courier Services, Airlines, Air Canada

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RBC open to income trust spinoff

Article Abstract:

The plans of Royal Bank of Canada, to convert its operations into income trust, are presented.

Royal Bank of Canada

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