Business
Owens-Illinois to Shut Toronto Plant, Cut 430 Jobs
July 29 (Bloomberg) -- Owens-Illinois Inc., the world's largest maker of glass containers, said it will close a factory in Toronto, affecting 430 workers, because of the strong Canadian dollar and rising energy prices.
Gov't urged to replace aging reactors
A panel of experts says the federal government needs to find a replacement as fast as possible for the aging nuclear reactor in Chalk River, Ont., that produces more than half of the world's medical isotopes, a vital medical resource used to diagn...
Bell sued over texting costs
MONTREAL -- As a former mobile telephone salesman, Eric Cormier knows just how complicated contracts can be. "I know exactly how it works," Cormier said after announcing he is launching a class-action lawsuit against Bell Mobilite Inc., his mobile...
GM Oshawa reaches historic deal with Union
General Motors has offered more buyouts to Canadian Auto Workers Local 222 in Oshawa, including an "unprecedented" offer to pay thousands of laid-off workers for up to four years to bridge them to retirement.
Air Canada loses labour code bid
The federal labour minister has denied Air Canada a Canada Labour Code exemption it needed in order to close its flight attendant base in Halifax without first setting up a joint union-company committee to examine ways to ease the impact of the la...
Federal government runs $517M deficit in April, May
The federal government ran a deficit of $517 million over April and May, the first two months of the current fiscal year, mainly due to lower corporate income tax and GST revenues. Over the same time period last year, the government ran a $2.8 bi...
Feds to invest more than $3B in Ont. infrastructure
Ontario will receive about $6.2 billion dollars from federal and provincial coffers to improve infrastructure, Transport Minister Lawrence Cannon announced Thursday.
Growing number of disabled finding work
Heather Brett is one of the lucky ones: The 26-year-old Toronto mother has a job. Born with cerebral palsy, Brett has struggled for equal opportunities in school, work and her personal life. "I was one of the lucky ones ... I know a lot of people ...
'Hurdles' remain in deal to beef up roads and transit
Improvements worth $9.3 billion over the next six years are coming for Ontario highways, public transit systems, rural Internet access and other infrastructure under a new federal-provincial deal. But most of what will be built by 2014 – not to me...
WestJet suspends credit-card kiosk check-ins amid fraud probe
WestJet Airlines Ltd. said Wednesday it plans to disable the credit-card readers on self-service ticket kiosks at 28 Canadian airports amid an investigation into the kiosks' security. Ken McKenzie, executive vice-president of operations, said the...
TORONTO: The Canadian Auto Workers union will elect its new national president on Sept. 6 to replace retiring union head Buzz Hargrove. The union announced Tuesday that the new president will take over immediately following a special convention to...
High gas prices drive Canadians off the road
TORONTO -- Canadians have begun to cut back their gas consumption in the face of record prices at the pump, new figures indicate. Statistics Canada reported receipts at gasoline stations rose 2.4% in May from April, a solid gain but much less than...
Operators offer gas discounts to attract tourists
A growing number of Canada's tourism operators and services, worried about vacationers staying at home this summer because of spiking gas costs, are offering to foot the fuel bill to get families on their way to resorts and hotels. Concerned touri...
Slumping MDS set to cut 210 jobs
MDS will cut 210 jobs in a bid to improve sagging profits, but the layoffs won't touch the MDS Nordion operation in Kanata. The Toronto life-sciences company said yesterday that it will make the cuts in an analytical technologies and pharma servic...
Health region deficits to cost taxpayers $100M
New documents reveal the Alberta government paid more than $60 million in one-time assistance to cash-strapped health regions last year but taxpayers are still facing a tab of nearly $100 million to cover deficits at former authorities.
Premiers to meet with Bank of Canada Governor Friday
QUEBEC CITY -- Canada's premiers will spend part of the last day of their annual meeting in Quebec City talking about the economy with the country's top banker.
Seattle loos may flow north
CALGARY - The city that gave us grunge rock and Starbucks could soon sell us their luxury loos, too. City officials are considering the purchase of public toilets from Seattle after a successful local pilot project that put an automated public toi...
'No bubble' in Canadian housing, Flaherty says
CALGARY - Federal Finance Minister Jim Flaherty shrugged off housing worries in Canada Wednesday, saying there is no bubble and that the subprime-mortgage woes crippling financial institutions in the United States are not threatening banks north ...
TransCanada plans $7-billion expansion
TransCanada Corp. is plowing ahead with a $7-billion US expansion of the Keystone pipeline project, taking a bold step into first place in the race to build a direct link between Alberta oilsands producers and the major refinery centre on the Texa...
No Power Plant For Lakeview
Put down your pitchforks - plans have been quashed to build a power plant in Lakeview. On Friday, the McGuinty government announced that an electricity plant would not be built on the waterfront, to the delight of that community.