Business

Canadian economy 'flirting with recession:' analysts

Eric Beauchesne Canada.com 31.05.2008
Finance Minister Jim Flaherty speaks with the media before a meeting with provincial and territorial ministers of finance in Montreal May 29. On Friday, he disputed analyst's predictions that a recession is on the horizon in Canada.

OTTAWA - Finance Minister Jim Flaherty rejects the idea, but some analysts say the Canadian economy may be in at least a mild recession after being driven to its first quarterly contraction in five years by a slump in auto production and some brut...

WA State investigators are checking food from fields to the packing plants to protect consumers from food-borne diseases

Did you know Washington state farmers and food processors produce more than different 300 crops and packaged or processed foods? They range from the obvious like apples, cherries and potatoes to the lesser known lentils and organic tofu. All are l...


Soaring gasoline bill no big deal, Toronto says

Soaring gasoline prices could cost Toronto more than half a million dollars this year - but the city maintains it's no big deal.

LCBO To Stop Handing Out Plastic Bags

Those sturdy plastic bags you get at the liquor store will soon be a thing of the past. The LCBO said it's not ordering any more of the totes once its current supply runs out, according to a published report.


Spectra launches study on burying carbon dioxide

One of the province's largest greenhouse-gas emitters said Monday it is working on a plan to capture and store a million tonnes of carbon dioxide a year, two kilometres below the ground near Fort Nelson.

Ont. to spend $2 billion on road repairs

The Ontario government is going to spend more than $2 billion this year to improve provincial roads and highways. Transportation Minister Jim Bradley said in a statement the investment will "create thousands of construction jobs that strengthen ou...


City to Pass Gas Cost onto Taxpayers

A new warning about the rising price of gas and this time even Torontonians who don't own cars will be hit. The mounting gas costs for the city will soon be passed on to taxpayers.

Ontario set to OK recycling fee on electronics

The London Free Press 25.05.2008
Ontario set to OK recycling fee on electronics

TORONTO -- Ontario is poised to quietly approve a new recycling fee on electronics within two weeks. "It's been done, I think, well under the radar," said Kevin Gaudet, Ontario director of the Canadian Taxpayers Federation.


Save Ontario's car industry? Try investing in education

Thomas Axworthy Toronto Star 25.05.2008
Save Ontario's car industry? Try investing in education

As Windsor reels from cutbacks in the auto sector, more bad news is on the way. China is now exporting half of its auto products and Tata Industries of India has just announced that it will be producing a $2,500 car. China and India are now flexin...

Air Canada sees fuel costs hurting air travel

MONTREAL (Reuters) - Air Canada is looking for ways to offset record high fuel prices that are consuming a growing portion of its income and will likely hurt demand for air travel, the airline's chief executive said on Wednesday.


Alaska governor backs Calgary firm

Jon Harding Calgary Herald 24.05.2008
Alaska governor backs Calgary firm

(...) Palin's ringing endorsement of the TransCanada proposal, which was submitted last November, follows a lengthy examination by the state of how to best facilitate the development and transmission of some 35 trillion cubic feet of stranded gas ...

Safe natural products not affected by law

Stephane Massinon The Vancouver Sun 24.05.2008
Safe natural products not affected by law

Health Canada officials told the local natural health industry Wednesday that new legislation to protect consumers isn't intended to ban their products, but some business representatives remained skeptical.


RBC announces 10-year deal to become official bank of Toronto International Film Festival

TORONTO, May 22 /CNW/ - RBC and the Toronto International Film Festival Group (TIFFG) today announced a 10-year agreement that will make RBC the Official Bank and a major sponsor of the Toronto International Film Festival (TIFF). Financial terms o...

CMHC Analyst Weighs in on Toronto's Condo Market

Last week I raised a couple of concerns about a recent Canada Mortgage and Housing Corporation (CMHC) report that had a positive forecast for Toronto's condominium market (see No Crash Expected for Toronto's Condo Market: CMHC). I invited CMHC's ...


HALIFAX - Lobster fishermen who used their boats last week to block the entrance to a Cape Breton harbour to press for access to the lucrative snow crab fishery are optimistic they'll be allowed to fish crab next year.

Regulator restricts Porter's Big Apple plans

BRENT JANG The Globe and Mail 20.05.2008
Regulator restricts Porter's Big Apple plans

The U.S. Federal Aviation Administration is ordering Porter Airlines to scrap four of its 14 daily flights between Toronto and Newark, N.J., rejecting the upstart's argument that a scaled-down schedule would violate the U.S.-Canada open skies pact.


At least 10 Ontario Sears stores open on Victoria Day despite govt warnings

TORONTO — At least 10 Sears Canada (TSX:SCC) stores in Ontario opened their doors to the public on Monday, even though the provincial government warned the company that it would be against the law to do so on Victoria Day.

Appeal Court set to hear Ontario ban on farm unions violates worker rights

TORONTO — Farm workers barred from unionizing are set to tell Ontario's highest court that the ban violates their rights and should be thrown out as unconstitutional.


Toronto lands huge convention

Jim Byers Toronto Star 17.05.2008
Toronto lands huge convention

Toronto has landed its largest-ever convention – a meeting of 25,000 American architects in 2017 that could fill up to 40 hotels. And Tourism Toronto is enlisting Brampton comedian Russell Peters to try to lure even more big conventions in the fut...

Ontario coal plants to cut emissions by two-thirds

The Ontario government announced Friday that the province's five coal power plants would reduce their greenhouse gas emissions by two thirds below 2003 levels by 2011.



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