Getting caught up on a week that got away? Here\u2019s your weekly digest of The Globe\u2019s most essential business and investing stories, with insights and analysis on the biggest headlines, stock tips, personal finance strategies and more.<\/p>\n
CAAT CEO Derek Dobson resigns, agrees to repay $1.6-million vacation payoutOpen this photo in gallery:<\/a><\/p>\n The CAAT Pension Plan serves Ontario\u2019s colleges and more than 800 employers in the public and private sectors, with about 125,000 members.Merle Robillard\/The Globe and Mail<\/p>\n After nearly 17 years at the helm, Derek Dobson has resigned<\/a> as CAAT Pension Plan\u2019s CEO. He\u2019s also agreed to repay a controversial $1.6-million vacation payout he received last year as part of his settlement. <\/p>\n Mr. Dobson was placed on administrative leave in February after concerns about his leadership and the board\u2019s oversight of his actions caused upheaval in the senior ranks of the $23-billion fund, leading to a governance crisis<\/a> that has prompted management overhaul. CAAT serves Ontario\u2019s colleges and more than 800 public- and private-sector employers, with about 125,000 members.<\/p>\n Canadian Natural pauses $8.25-billion oil sands expansionOpen this photo in gallery:<\/a><\/p>\n A pumpjack near Calgary.Jeff McIntosh\/The Canadian Press<\/p>\n Canadian Natural Resources Ltd. has paused<\/a> a planned expansion of the Jackpine oil sands mine, citing uncertainty over government policies and calling for the end of carbon pricing. The expansion was slated to increase bitumen production by 150,000 barrels a day.<\/p>\n Alberta\u2019s government and the federal government came to an agreement in November that committed the province to boosting its industrial carbon price, which was frozen last year at $95 a tonne. The agreement promised to raise the minimum credit value to $130 a tonne. CNRL produced 1.57 million barrels a day in 2025, roughly 15 per cent more than in 2024. <\/p>\n Canada\u2019s push to build commercial ties in IndiaOpen this photo in gallery:<\/a><\/p>\n Prime Minister Mark Carney and Indian Prime Minister Narendra Modi shake hands in New Delhi, India, on Monday.Adrian Wyld\/The Canadian Press<\/p>\n There are 44 Tim Hortons in India, but the presence of a Canadian brand in the world\u2019s fastest growing economy<\/a> is something relatively rare. Prime Minister Mark Carney\u2019s trip to the country this week was an effort to change Canada\u2019s limited traction in the Indian market.<\/p>\n The Indian economy is projected to grow at an annual rate north of 7 per cent this year, hoovering up the kind of commodities Canada produces. Canadian companies and asset managers will need to buy into India\u2019s growth story to achieve Mr. Carney\u2019s goal of doubling it to $70-billion by 2030. <\/p>\n How the closing of the Strait of Hormuz is affecting global oil markets<\/p>\n Oil prices have risen by 12 per cent since the start of the war on Feb. 28, amid supply fears heightened by the closing of the Strait of Hormuz, through which about a fifth of the world\u2019s oil passes. The U.S.-Israel war on Iran has shown just how important<\/a> the waterway is, especially for countries reliant on the crude like China.<\/p>\n Since Canada produces more oil than it consumes, we won\u2019t imminently feel the impacts of the closure \u2013 except at the gas station. Gasoline prices have risen by almost 11 cents a litre in the past week, to an average of $1.42. <\/p>\n Inside the unravelling of seafood magnate John Risley\u2019s billion-dollar empireOpen this photo in gallery:<\/a><\/p>\n John Risley, co-founder of Clearwater Seafoods, in Bedford, Nova Scotia, in 2022.Carolina Andrade\/The Globe and Mail<\/p>\n In February, John Risley\u2019s primary holding company, CFFI Ventures Inc., sought a judge\u2019s approval to restructure US$776-million in debt. But for a man that had multiple investment wins \u2013 Clearwater Seafoods, Columbus International Inc. and Ocean Nutrition Canada Ltd. \u2013 where did all his money go?<\/p>\n Tim Kiladze investigates this once-unstoppable entrepreneur\u2019s financial saga<\/a> and how CFFI\u2019s liabilities total over $2-billion.<\/p>\n \nBank of Canada Governor Tiff Macklem warned this week of a growing risk to the global financial system. What is it?\n <\/p>\n a. Middle East fighting<\/p>\n b. Job losses from artificial intelligence<\/p>\n c. Private lending<\/p>\n d. Unaffordable prices for homes and other necessities<\/p>\n c. Mr. Macklem is urging market watchdogs<\/a> to take a closer look at \u201cprivate credit,\u201d the growing trend for businesses to borrow huge sums of money from non-bank lenders. The global private credit market now measures in the trillions of dollars, but is nowhere near as transparent as public debt markets, making it difficult to gauge how much risk is building up on private balance sheets, Mr. Macklem warned in a speech.<\/p>\n Get the rest of the questions from the weekly business and investing news quiz here<\/a>, and prepare for the week ahead with The Globe\u2019s investing calendar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Getting caught up on a week that got away? 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