Does Canada Have An Auto-Loan Bubble? Moody's Suggests Yes
A major international ratings agency sees irrational exuberance in Canada for auto loans, and that could mean trouble for Canadian banks and consumers. In a report issued Thursday, Moody’s Investor...
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TD LMI Shows Canada's Job Situation Worse Than Thought Over Past 2 Years
Canada's unemployment rate fell to a six-year low of 6.8 per cent in the most recent StatsCan report, but if you're a regular observer of jobs data, you know better than to take that number at face...
View ArticlePhilippe Couillard, Kathleen Wynne Warn Not To Write Off Central Canada
NIAGARA-ON-THE-LAKE, Ont. - The premiers of Quebec and Ontario are vowing to work together to restore Central Canada's traditional influence with the rest of the country, especially on economic...
View ArticleLululemon Charity Pact With Dalai Lama Draws Fire
Lululemon has landed in hot water after announcing a charitable partnership linking the Canadian retailer with Tibetan leader the Dalai Lama. The Vancouver-based yoga apparel maker announced a deal...
View ArticleItaly's high court acquits fashion designers Dolce&Gabbana in tax evasion case
MILAN - Italy's highest court has acquitted Domenico Dolce and Stefano Gabbana of tax evasion in a highly publicized case that led the Milan designers to close their Milan stores in protest for several...
View ArticleFord Scraps Potential $2-Billion Investment In Windsor, Ont.: Sources
A Ford Motor Co. investment of about $2-billion that was being proposed for engine plants in Windsor, Ont., will go elsewhere, industry and government sources said Friday. Ford had been proposing to...
View ArticleFord Picks Mexico Over Ontario For $2-Billion Investment
TORONTO - Ford Motor Co. has decided to build its new engine in Mexico after it was unable to reach a deal with the federal and Ontario governments to bring the investment to Windsor, Ont., Unifor said...
View ArticleWhy Are Women A Shrinking Part Of Canada's Workforce?
There has been a “striking” decline in the number of women in Canada’s workforce, TD Bank says in a new report, and government austerity measures, coupled with women having children later in life,...
View ArticleOsoyoos, B.C. Mayor Caught In Theft Scandal
Osoyoos Mayor, Stu Wells, who abruptly dropped his re-election campaign at the last minute, has found himself in the middle of a theft scandal. Wells and his wife, Dr. Martha Collins, have admitted to...
View ArticleCBC Job Cuts: Latest Round Will See 400 Layoffs By March, 2015
Faced with the loss of its NHL broadcasts and shrinking funding from the federal government, the Canadian Broadcasting Corp. will cut another 400 jobs by March of next year, according to several...
View ArticleRussell Brand Criticizes Stephen Harper's Reaction To Ottawa Attack (VIDEO)
TORONTO - A British celebrity isn't wowed by Prime Minister Stephen Harper's handling of the aftermath of the shooting of an honour guard at the National War Memorial.Harper's address to Canadians...
View ArticleExclusive: Canada's Financial Intelligence Agency Gets 'Useful' Data After...
Canada's financial intelligence agency asked institutions to quickly report suspicious transactions in the wake of two deadly attacks this week and has received data "useful to our intelligence...
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‘Ottowa' Shooting Has World's Copy Editors Scrambling To Fix Spelling
Ottawa, for some reason, is a tough word for non-Canadians to spell. Even for some editors at major news sources. As Reddit user atomicbolt recently pointed out, numerous online news articles spelled...
View ArticleFrench court rules in favour of extraditing Kazakh dissident banker to either...
PARIS - A French appeals court has authorized the extradition to Russia or Ukraine of a Kazakh dissident banker whose legal case is tangled up in at least five countries.His lawyer immediately...
View ArticleNBCUniversal settles with unpaid interns from 'Saturday Night Live,' other...
NEW YORK, N.Y. - Nearly 9,000 unpaid interns stand to benefit from a $6.4 million settlement with NBCUniversal over back wages.Unpaid interns who worked on "Saturday Night Live" and other shows brought...
View ArticleGoogle exec's supersonic freefall from near-space sets skydiving records,...
ROSWELL, N.M. - Google executive Alan Eustace broke the sound barrier and set several skydiving records over the southern New Mexico desert early Friday after taking a big leap from the edge of...
View ArticleBusiness Highlights
___Market jolt is reality check for investorsNEW YORK (AP) — Sometimes a little fear is healthy for stock investors.A violent lurch lower nine days ago knocked the Standard & Poor's 500 index down...
View ArticleECB Stress Test Shows 25 Of 130 European Banks Couldn't Weather Downturn
FRANKFURT - The European Central Bank says 13 of Europe's 130 biggest banks have flunked an in-depth review of their finances and must increase their capital buffers against losses by 10 billion euros...
View ArticleThe 10 Most Livable Countries: 24/7 Wall St.
Based on the most recent release of the Human Development Index by the United Nations Development Programme, 24/7 Wall St. reviewed the most and least livable countries. Data from the Human Development...
View ArticleHousing Affordability In Metro Vancouver -- Is The Real Issue Our Expectations?
Right now, in New Westminster, there is a well-kept, 1,080-square-foot, two bedroom, one-and-a-half-bath apartment for sale, with a fireplace, in-suite laundry, stainless steel appliances and a...
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