Osisko drops lawsuit in takeover battle, Goldcorp offer extended to April 15
MONTREAL - Osisko Mining Corp. (TSX:OSK) said Monday it has settled a lawsuit it filed against Goldcorp Inc. (TSX:G) as part of the Montreal-based company's fight against a hostile takeover by the...
View ArticleUS construction up tiny 0.1 per cent in January with strength coming from...
WASHINGTON - U.S. construction spending showed a tiny increase in January as strength in housing helped to offset declines in nonresidential building and government projects.Construction spending edged...
View ArticleFalling Loonie Sinks Canadians' Travel Plans: Study
More than 40 per cent of Canadians say they are less likely to travel this spring thanks to the falling loonie, a new study from BMO Insurance says. British Columbians were the most likely to say they...
View ArticleShares of Russian companies traded in US plummet as tensions rise over...
NEW YORK, N.Y. - Shares of Russian companies traded in the U.S. are plummeted Monday as the country's military forces streamed into Ukraine, raising the possibility of sanctions by Western...
View ArticleMichelin to reduce small tire manufacturing, laying off about 500 in Nova Scotia
PICTOU, N.S. - Michelin Canada has announced it will reduce the manufacturing of small tires at one of its plants in Nova Scotia, laying off about 500 workers.The company says the move is in response...
View ArticleFord Canada says sales down 0.4 per cent from year ago in February at 16,234
TORONTO - Ford Motor Co. of Canada Ltd. says the number of vehicles it sold in February was down slightly from a year ago.Ford Canada says it sold 16,234 vehicles last month, down from 16,301 in...
View ArticleCanadian Housing Markets To Decline 30%, Pimco Says
The house price correction that some market analysts have been predicting for Canada for years will begin this year, says the world’s largest bond fund. House prices in Canada will fall as much as 30...
View ArticleRadioShack plans to close up to 1,100 underperforming US stores; 4th-quarter...
FORT WORTH, Texas - RadioShack plans to close up to 1,100 of its underperforming stores in the U.S. and reported a wider loss for its fourth quarter as customer traffic slowed during the critical...
View ArticleQuebec Language Cops Back Down On Facebook Complaint
A Chelsea store owner says Quebec's French-language office has "softened" its position over her English Facebook page. In February, Eva Cooper received a letter from the Office québécois de la langue...
View ArticleTSX rises, tensions ease as Russia orders troops near Ukraine to return to bases
TORONTO - The Toronto stock market registered a strong advance Tuesday as worries of an escalation in the Russian-Ukraine standoff lessened.The S&P/TSX composite index gained 74.13 points to...
View ArticleChinese millionaires urge 'trustworthy' Canada not to ditch their immigration...
BEIJING, China - Chinese millionaires on Tuesday pleaded for the Canadian government not to throw away the immigration applications of thousands of Chinese nationals as part of its plans to end a...
View ArticleLoonie down ahead of rate announcement, risk aversion eases in Ukraine crisis
TORONTO - The Canadian dollar lost early ground late morning Tuesday even as risk appetite generally improved amid an easing of tensions in the conflict between Ukraine and Russia.The loonie moved down...
View ArticleDorel's Q4 profit hit by weak bicycle business; adjusted earnings miss estimates
MONTREAL - Dorel Industries Inc. says its net income fell sharply in the fourth quarter, dropping nearly two-thirds to US$11 million due to difficult markets and restructuring in the division that...
View ArticleBitcoin Bank Flexcoin Shuts Down After $600,000 Theft
A second online bitcoin bank has shut down after a security breach allowed thieves to steal a large quantity of bitcoins. Flexcoin made the abrupt announcement on its website Tuesday, admitting that it...
View ArticleEnbridge spending $7-billion to replace Alberta-to-Wisconsin oil pipeline
CALGARY - Pipeline giant Enbridge says it's undertaking the biggest project in its history — replacing a key piece of infrastructure that moves Alberta crude eastward.The Calgary-based company and its...
View ArticleBlackBerry Users Report Email And Messaging Service Outage
Some BlackBerry users across the country have reported widespread outages affecting email and messaging. According to the website Canadianoutages.com, where smartphone users can report problems, the...
View ArticleDeadmau5 Asks Tim Hortons For A Doughnut, Tim Hortons Delivers
What happens when Canadian musician Deadmau5 asks Tim Hortons to make him a doughnut? They deliver. The coffee chain responded to the artist's request on Tuesday with a custom-made doughnut (not...
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WestJet Pilot's Response To Sexist Napkin Message Is All Class
A passenger's sexist remarks towards a WestJet pilot have sparked online outrage after photos of the vitriolic comments scrawled on a napkin were posted online. Carey Smith Steacy, a pilot with the...
View ArticleCanadian Student Debt Growing Fast, But U.S. Is Much Worse Off
Student debt in Canada has soared in recent years, highlighting growing concerns that post-secondary education in becoming increasingly inaccessible. But Canadian students can at least take some solace...
View ArticlePlans are shipshape as massive Rio Tinto smelter upgrade sails ahead
VANCOUVER - A Baltic Sea cruise ship is moored at a Vancouver dry dock as the vessel is fitted for a vital role in the modernization of the Rio Tinto Alcan aluminum smelter in Kitimat, B.C.A...
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