Business

Canada's central bank keeps rate cuts on

Les Whittington Toronto Star 16.07.2008
Canada's central bank keeps rate cuts on

OTTAWA–Despite forecasting the worst economic performance in more than 15 years, the Bank of Canada has bowed to inflation fears and declined to cut interest rates to stimulate business activity. Bank governor Mark Carney opted yesterday to hold t...

Shell bids $5.9B for Duvernay

Shaun Polczer Calgary Herald 15.07.2008
Shell bids $5.9B for Duvernay

Shell Canada on Monday bolstered its unconventional gas ambitions with a $5.9-billion bid for Duvernay Oil Corp. that sent its stock soaring by more than 40 per cent. Shell is offering $83 a share for the company, and Duvernay shares gained $23.59...


CUPE rally today in support of Air Canada flight attendants

Canada’s largest union is planning to "pull out all stops" in an effort to keep flight attendants in Halifax and across the country from losing their jobs. The Canadian Union of Public Employees (CUPE) has planned a rally today at the Halifax Stan...

Toronto's eastern suburbs tout affordability

DEREK RAYMAKER The Globe and Mail 13.07.2008
Toronto's eastern suburbs tout affordability

By any measure, Durham Region remains the last bastion of affordable new detached homes in Greater Toronto. Beginning in 2006, it appeared that the sprawling tract communities of Whitby, Ajax, Pickering, Oshawa and Clarington were rapidly catching...


Toronto office is GoDaddy's 1st outside US

Jane Larson Arizona Republic 12.07.2008
Toronto office is GoDaddy's 1st outside US

Go Daddy Group Inc. has gone international. The Scottsdale domain-name registrar opened an office in Toronto this month, its first location outside the United States. And although the office has just one employee, by August Go Daddy aims to be reg...

Cogeco Cable believes Toronto Hydro Telecom deal will pay off

MONTREAL — Toronto Hydro Telecom Inc. is an under-utilized gem that will provide great growth opportunities for its new owner, Cogeco Cable Inc. (TSX:CCA) president Louis Audet said Thursday. The Montreal-based cable company is buying the Toronto ...


McGuinty rethinking ethanol program

KAREN HOWLETT The Globe and Mail 10.07.2008
McGuinty rethinking ethanol program

TORONTO -- Ontario Premier Dalton McGuinty is "revisiting" his bold commitment to biofuels amid mounting concern that producing gasoline from farm crops is contributing to soaring global food prices.

RBC's writedowns could double to more than $3 billion: analyst

TORONTO - Royal Bank of Canada's writedowns could double to more than $3 billion as ongoing deterioration in U.S. credit markets takes its toll on Canada's largest bank, a report warned Wednesday.


Quebec spreads word that margarine battle over

Sean Gordon Toronto Star 09.07.2008
Quebec spreads word that margarine battle over

MONTREAL–It's been one of the many quirks of life in Quebec, but after a fight that's stretched over two decades, it soon will be nothing more than a historical curiosity. As of this week, the great margarine-butter dust-up is over. The province h...

Housing as a right

Toronto Star 09.07.2008
Housing as a right

A new report from the Ontario Human Rights Commission makes a case for considering housing as not only a need but also a right, guaranteed by international agreements that Canada has signed.


Woodbine project offered $120-million tax breaks

JEFF GRAY The Globe and Mail 09.07.2008
Woodbine project offered $120-million tax breaks

Plans to give a massive proposed entertainment and retail complex at Woodbine racetrack an unprecedented $120-million in property tax breaks over 20 years were approved by the city's economic development committee yesterday despite critics who say...

Costly Toronto will cut fees to lure carriers

Ian Putzger Cargonews Asia 07.07.2008
Costly Toronto will cut fees to lure carriers

In a bid to attract more all-cargo traffic, Toronto's Pearson International Airport has announced a 25 percent rebate in landing fees for freighter aircraft from January 1.


Toronto firm lands bankrupt winery

St Catharines Standard 05.07.2008
Toronto firm lands bankrupt winery

An emerging powerhouse wine company has bought a defunct Niagara-on-the-Lake winery co-operative with plans to use the massive production warehouse to strengthen its foothold in the country's wine market, The Standard has learned.

Ontario economy shrinks, fuelling fears of recession

KAREN HOWLETT The Globe and Mail 04.07.2008
Ontario economy shrinks, fuelling fears of recession

Ontario's economy shrank between January and March, leaving it in worse shape than anyone expected and raising fears that Canada's most populous province is well on the road to recession.


Alberta imposes minimum drink prices for all bars and lounges as of August

EDMONTON — Alberta is imposing minimum drink prices starting next month to help reduce drunken rowdiness and binge drinking. Bar patrons will still get a 12-ounce draft beer for just under $2, but the days of 50-cent shooters and all-day happy hou...

Air Canada's Jazz cuts 270 jobs

STEVE PROCTOR The Chronicle Herald 04.07.2008
Air Canada's Jazz cuts 270 jobs

Rising fuel costs will cost 270 Jazz Air employees their jobs. The Halifax-based air carrier announced the across-the-board layoffs Thursday as part of a plan to deal with skyrocketing fuel prices and Air Canada’s decreased need for its services.


Cascades to close Toronto mill

Chris Sorensen Toronto Star 03.07.2008
Cascades to close Toronto mill

In an age of eco-awareness, Norm Prentice can't understand why a Toronto paper mill that makes cereal, tissue and other types of consumer boxes from "100 per cent recycled paper" is about to be shut down.

Toronto area parts maker closes plants, 2,000 jobs lost

TORONTO — Another 2,000 jobs in Canada's auto industry have been gobbled up with the shutdown of 11 small plants operated by a Toronto-area company that makes plastic instrument panels.


Bombardier set to win Toronto streetcar bid: report

TORONTO (Reuters) - Plane and train maker Bombardier Inc BBDb.TO looks set to win a major Toronto streetcar replacement contract after Siemens AG SIEGn.DE pulled out of the bidding, a Canadian newspaper said on Wednesday.

Bidding in Canada's wireless spectrum auction hits $4 billion

MONTREAL — Bidding reached $4 billion on Monday in an online auction aimed at creating more competition in Canada's cellphone market, surpassing early expectations of the amounts of money involved.



« newer | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | older »