Canadian dollar down, greenback rises in wake of strong U.S. employment data
TORONTO - The Canadian dollar closed lower Friday as the greenback appreciated in the wake of data showing stronger than expected U.S. jobs data.The loonie was down 0.16 of a cent to 91.07 cents US as...
View ArticleGildan to sell its branded products in Canada with Honduras free trade deal
MONTREAL - After successfully growing U.S. sales of its own brand of underwear, socks and activewear, Canada's Gildan Activewear now plans conquer its home market following ratification of a free-trade...
View ArticleTransCanada CEO says no NAFTA challenge to Keystone XL delays — for now
CALGARY - TransCanada Corp. (TSX:TRP) hopes it won't have to resort to a challenge under the North American Free Trade Agreement to get its long-delayed Keystone XL pipeline built, CEO Russ Girling...
View ArticleUS factory orders increase 1.1 per cent in March with business investment...
WASHINGTON - Orders to U.S. factories advanced strongly for a second month in March while demand in a key category that signals business investment plans increased by the largest amount in more than a...
View ArticleOntario Election On Way As NDP Won't Support Budget
Ontario NDP Leader Andrea Horwath announced Friday her party will vote against the budget tabled this week by the minority Liberal government, meaning a June election in the province is now all but...
View ArticleCanadian Money Stowed In Tax Havens Reaches Record $170 Billion
OTTAWA - Canadians' use of tax havens for both legal and illegal purposes appears to be growing despite government efforts to curtail the practice, says a new paper from a tax avoidance...
View ArticleShort-term indicators, U.S. jobs jump point to stronger Canadian economic growth
OTTAWA - The Conference Board says short-term indicators are pointing to a stronger spring for the Canadian economy.The Ottawa-based think-tank says its composite leading index rose by 0.4 per cent in...
View ArticleMan arrested in shooting deaths of 2 Alaska troopers in remote community
ANCHORAGE, Alaska - A 19-year-old man has been arrested in connection with the shooting deaths of two troopers in a remote village, the Alaska State Troopers said Friday.Nathaniel Lee Kangas is under...
View ArticleLoblaws, Shoppers Drug Mart Plan Major Changes After Merger
With the Loblaw Cos. purchase of Shoppers Drug Mart completed, Canada’s largest retailer has begun the process of integrating the two brands, and has announced changes it hopes will revolutionize its...
View ArticleKinder Morgan Pipeline Legally Challenged By B.C. First Nation
NORTH VANCOUVER, B.C. - A B.C. First Nation has launched a legal challenge of the National Energy Board's planned review of a controversial pipeline project.The Tsleil-Waututh Nation is disputing the...
View ArticleTemporary Foreign Workers, There's A Job Placement Service For You!
OTTAWA - Immigration consultants, many in Western Canada, are apparently now specializing in pairing employers and temporary foreign workers.One online advertisement placed in several provinces even...
View ArticleCrude rises but still under US$100 as U.S. jobs data offsets supply concern
NEW YORK, N.Y. - The price of oil rose Friday as a report showed a big gain in new jobs in the United States, but the advance was tempered by ongoing concern about record oil supplies.Benchmark West...
View ArticleUS stocks edge lower as mixed earnings and escalating tensions in Ukraine...
NEW YORK, N.Y. - U.S. stocks are ending slightly lower as corporate earnings come in mixed, overcoming enthusiasm about a pickup in hiring last month.Escalating tensions in Ukraine also weighed on the...
View ArticleNevada court upholds $7.5 million award to Steve Wynn against 'Girls Gone...
CARSON CITY, Nev. - The Nevada Supreme Court has upheld Steve Wynn's $7.5 million judgment in a civil defamation case against "Girls Gone Wild" founder Joe Francis.A three-justice panel in an order...
View ArticleWarren Buffett's Berkshire Hathaway conglomerate reports 4 per cent decline...
OMAHA, Neb. - Warren Buffett's company says its first-quarter profit slipped nearly 4 per cent largely because of an accounting charge in its insurance units.Berkshire Hathaway Inc. earned $4.71...
View ArticleFederal officials reject Jindal administration financing plans for LSU hospitals
BATON ROUGE, La. - Federal officials on Friday rejected Louisiana Gov. Bobby Jindal's financing plans for the privatization of six state-owned hospitals that care for the poor and uninsured, dealing a...
View ArticlePorter's $25 Checked Baggage Fee For Domestic Flights To Start May 14
If you plan on flying with Porter in the future, you might want to pack light. The Toronto-based airline will now charge customers $25 for their first piece of checked luggage on domestic flights. Fees...
View ArticleCalifornia jury to resume deliberations to reconsider minor matter in...
SAN JOSE, Calif. - Jurors deciding the legal dispute over smartphone technology between Apple and Samsung were ordered to continue deliberations on a minor matter next week.The jury awarded Apple...
View ArticleVancouver Aquarium Disputes Seals' Condition At Marineland
The Vancouver Aquarium disagrees with a former animal trainer who says that seals transferred to an Ontario facility are in poor health. Philip Demers says that he was a trainer at Marineland in...
View ArticleThomas Piketty Economics: How The Trendy Frenchman Could Influence Ontario...
Capital in the Twenty-First Century, a book by French elite scholar Thomas Piketty, has become an unlikely bestseller. Less than a month after its English edition appeared in the United States, the...
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