Toronto stock market pulls back after record-close, lower gold prices
TORONTO - The Toronto stock market was lower Friday, pulled down by gold stocks, as traders took back gains in the precious metal amid continued geopolitical instability in Iraq.The S&P/TSX...
View ArticleCanada's Inflation Rate Overshoots BoC's Target As Energy Prices Soar
OTTAWA - Canada's annual inflation rate unexpectedly jumped to 2.3 per cent last month, as the continuing gain in energy prices pushed the key economic indicator above the Bank of Canada's two-per-cent...
View ArticleRetail sales rose for fourth consecutive month in April: StatsCan
OTTAWA - Statistics Canada says retail sales rose for the fourth consecutive month in April, increasing 1.1 per cent to $41.6 billion.The agency says gains were widespread as 10 of 11 subsectors,...
View ArticleBlackBerry: Drake Won't Be Our Brand Ambassador
It isn’t err’day that a major rapper makes, um, headlines with the news that they are about to be brand ambassador for struggling smartphone maker BlackBerry -- and perhaps today isn’t that day either....
View ArticleLoonie rises amid higher-than-expected inflation data, strong retail sales
TORONTO - The loonie rose more than half a cent Friday as the pace of inflation picked up last month and raised the possibility that the Bank of Canada may move to raise interest rates more quickly...
View ArticleTFW Changes: Tories Link Use Of Program To Jobless Rate
OTTAWA - Employers in places with high unemployment won't be allowed to apply for temporary foreign workers in the lowest wage and skill groups in the accommodation, food service and retail...
View ArticleRipley's 'Touch Tanks', Petting Zone For Sharks, Stingrays, Under Fire
Sharks may not be that into you. Despite claims from Ripley's Aquarium of Canada that its 'touch tanks' let humans get up close and personal with these "tame and lovable creatures of the deep," nearly...
View ArticleUnemployment rates fell in 20 US states last month, while three-quarters...
WASHINGTON - Unemployment fell in 20 states last month and nearly three-quarters of the states added jobs, as the nation at large posted a fourth straight month of solid hiring.The Labor Department...
View ArticleWalmart Canada's next CEO comes from Delhaize retail food group; starts Aug. 1
MISSISSAUGA, Ont. - Walmart Canada's next president and CEO comes from the Delhaize Group, a Belgium-based food retailer that operates in eight countries and three continents.Dirk Van den Berghe...
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Richmond Hill House Selling For $100 Million Is A Typo: Realtor
No, Toronto hasn’t seen its first $100-million home listed on the market. But anyone checking the listings for the Toronto suburb of Richmond Hill today would have found this entry for a house for sale...
View ArticleBacon Prices Soar Amid Pork Industry Crisis
Inflation has returned to Canada. The culprit appears to be energy (in case you haven’t noticed the price of gas soaring), and it sent Canada’s headline rate up to 2.3 per cent, the highest in two...
View ArticleArgentina leader says government lawyers to seek best terms with US judge to...
ROSARIO, Argentina - Argentina's president said Friday that her lawyers will reach out to a U.S. judge to seek fair terms for paying all the country's creditors, including the hedge funds that have...
View ArticleFontaine: First Nations attitudes shifting on resource development
CALGARY - The former national chief of the Assembly of First Nations says attitudes are shifting amongst aboriginal people when it comes to resource development.Phil Fontaine says that 20-years ago the...
View ArticleChampix, Anti-Smoking Drug, Linked To Malcolm Gallant's Psychotic Episode
There's strong evidence that a popular smoking cessation drug led to a Canadian soldier's psychotic episode, a Manitoba judge has concluded. In 2011, Malcolm Gallant, a 30-year-old Canadian Forces...
View ArticleTurmoil in Iraq could raise air travel costs unless loonie rises, says analyst
MONTREAL - Canadians face a better than 50-50 chance that the cost of air travel will go up this summer due to higher oil prices, which have risen amid political turmoil in Iraq, an airline industry...
View ArticleTemporary Foreign Workers Program Changes Don't Impress Alberta
EDMONTON - Alberta Jobs Minister Kyle Fawcett says Ottawa's plan to reduce and cap the number of temporary foreign workers will harm Alberta — and by extension, the rest of Canada."We're very concerned...
View ArticleScotiabank to pay $300M for 51% stake in Cencosud's Chilean credit card business
TORONTO - Scotiabank (TSX:BNS) says it will acquire a 51 per cent interest in the credit card and consumer loans business of Cencosud SA, the largest retailer in Chile, in a deal valued at $300...
View ArticleChilliwack Cattle Sales Milk Pickups Resume
CHILLIWACK, B.C. - The association representing British Columbia's dairy producers says milk pickups have resumed at the farm where workers were caught on video allegedly abusing cattle.The video...
View ArticlePresbyterians to divest stock to protest Israeli policy on Palestinians; 3...
DETROIT - The Presbyterian Church (U.S.A.) on Friday became the most prominent religious group in the United States to endorse divestment as a protest against Israeli policies toward Palestinians,...
View ArticleMaria Digel Has Dream Of Winning Lottery, Wins $6.9 Million Next Day
WINNIPEG - A Manitoba woman's dream has come true by winning nearly $7 million on Lotto 649.Maria Digel says she played the same numbers for 30 years, and one June 4 those numbers won.Her picks — 7,...
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