Canada Business News
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Firms take taxpayer money by moving train back and forthCN internal documents obtained by CBC News show that the company had agreed to flip the shipments back and forth across the border using its rail lines and tunnels 24 times without unloading any cargo. This garnered CN $2.6 million.
Starbucks Twitter campaign hijacked by tax protests'Starbucks Twitter campaign hijacked by tax protests' on Yahoo! Finance UK. A Starbucks Twitter campaign to "spread the cheer" of Christmas backfired after protesters hijacked it to complain about the coffee chain's tax status.
Oil price gap costing Canada billions
The wide gap between oil's global benchmark price and what Canadian producers can get for their oil is costing Canada $2.5 billion a month, according to new research that sees the spread remaining for years even if new pipelines are built.
Encana, PetroChina take $2.2 billion stab at joint ventureCALGARY, Alberta (Reuters) - PetroChina (0857.HK: Quote) (601857.SS: Quote) will pay Encana Corp (ECA.TO: Quote) C$2.2 billion ($2.2 billion) for a 49.9 percent stake in a rich Alberta shale gas prospect, the first test of new guidelines issued by Ottawa
B.C. mine to hire only Chinese temporary workers for yearsDocuments tendered in the case include HD Mining's previously unreleased transition plan, which outlines how the company won't start hiring Canadian miners for more than four years and plans to continue using temporary foreign workers for the next 14 year
Booze sales on track to break record
Sales of wine, beer and other liquor are on pace to hit a record high this holiday season, predicts a report from one of Canada's biggest banks.
This research overthrows the claims of Occupy protesters It’s hard to blame Canadians for believing the great myth of income stagnation given the continuous stream of reports pointing to the low growth in average incomes over the past sev
Alberta bitumen takes to the tracks
Southern Pacific Resource Corp., which began trucking out initial production from its new McKay Thermal Project three weeks ago, will open a dedicated rail terminal in a few weeks just south of Fort McMurray and ship its product in leased tanker cars via
Supreme Court strips Viagra patent from PfizerOTTAWA (Reuters) - Canada's Supreme Court struck down the patent on global pharmaceuticals giant Pfizer Inc's Viagra erectile dysfunction drug on Thursday and opened the door to generic competition.The
Brazilian woman sells virginity for $780,000
Catarina Migliorini, 20, a Brazilian student, auctioned off her virginity in an online auction at Virgins Wanted. The winning bid, made on Oct. 24, 2012, the last day of bidding, was $780,000. Miglorini claims she wants to open an NGO and help the poor fa
Langford boy, 13, hit by pickup truck diesA 13-year-old Langford boy hit by a pickup truck on Sooke Road earlier this week has died, West Shore RCMP said Friday.
AJ (Adam Jessie) Wakeling died at Victoria General Hospital Thursday evening, police said.
The boy was crossing between Glenshire
CRTC rejects Bell takeover of Astral
The federal broadcast regulator has unconditionally rejected BCE Inc.'s proposed $3.4-billion takeover of Astral Media, saying it would place too much power in the hands of one company and threaten the competitive media landscape in Canada.
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