Canada Business News
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Don't get conned by corn-scammers
The city may seem like it’s teeming with roadside Taber corn merchants but Edmontonians should be wary of their purchase, say producers and distributors. Counterfeit corn has been a problem in the City of Champions for several years and it’s hurting legit
Harper pardons farmers arrested under old wheat board law
The Conservative government is pardoning a group of farmers who were arrested for trying to sell their wheat under the old law governing the Canadian Wheat Board's monopoly as they mark the first day on which prairie producers can sell outside the board.

Carrier, which has stuck with single, economy class cabin since 1996, will offer travelers roomier seats in first four rows
Quebec vows to block U.S. takeover of Rona
The Quebec government has vowed to find a way to stave off a takeover bid of home improvement retailer Rona by U.S.-based competitor Lowe’s, which appears intent on expanding its presence north of the border even after its initial offer was rejected.
A $100,000 Factory Job. What's Uncool About That?In fact, factory jobs -- once considered back-breaking and low-paying -- have become high-tech and high-salaried.
Still young people don't get it, say factory owners, who can't find enough skilled workers.
Carney Leading Bank of England Seen as Scandal Remedy
London is losing so much trust as the global financial center that Prime Minister David Cameron may need to consider an unprecedented choice for Bank of England governor: Mark Carney, the Canadian who polices the world’s financial system and has no ties t

New study gives staggering new estimate of size of offshore economy – as much as US and Japanese GDP put together
Canada wins softwood lumber case vs United States(Reuters) - An international arbitrator dismissed a complaint from the United States which accused Canadian lumber firms of violating a bilateral accord on softwood exports, Ottawa said on Wednesday.
Washington had alleged Canadian producers were setti
Iranian-Canadians fume as TD closes accountsSeveral Iranian-Canadians are crying foul after TD Bank Group abruptly closed their accounts with little explanation other than to say it had to comply with federal economic sanctions against Iran.
RBC, 14 other banks downgraded by Moody's
Ratings agency Moody's Investor Service has downgraded the credit ratings of Canada's biggest bank, the Royal Bank of Canada, and 14 other banks with global operations.
Oil prices could drop to $50
The worsening economic situation in Europe could bring Brent crude prices down to $50 per barrel this year, according to research prepared by Credit Suisse.
Oil price continues slide
The price of crude oil, Canada's number one commodity export, continued its descent Friday on the prospect of weak economic growth with no immediate assistance from the U.S Federal Reserve.
GM Canada to shutter Oshawa assembly plant
General Motors of Canada plans to halt production at one of its final two Oshawa assembly plants over the next year, a move that could eliminate thousands of jobs and hit Durham Region's fragile economy hard.
Who's Behind The Solar Trade War?
“Our founder and chairman and CEO is Canadian, I’m Canadian, our head of sales and marketing is Canadian and our head of operations is American,” says Potter. “The main manufacturing plants are in China but most of our sales and marketing are everywhere b

Verdict puts an indefinite hold on Oracle’s quest for $1-billion damages
RIM no longer Canada's most valuable tech company
Research In Motion Ltd. has tumbled from its perch as Canada’s most valuable tech company and is in danger of falling to third. Cantech Letter, an online magazine focusing on Canadian listed technology companies, has published a ranking of the country’s t
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