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Banker bonus disclosure rules proposed
New banking rules are being proposed by an influential global regulatory panel that would give investors a better idea of when CEOs and other executives get bonuses even when their companies are lagging.
A team of scientists who study pollution's role in global warming are outraged at a GOP Senator who, they say, has maligned their work as wasteful and petty by describing it as a study of "cow burps."
Storm wrecks lobster traps in southeast N.S.
It will take several days to tally the full damage to lobster gear from this week's storm along the southeast coast of Nova Scotia, the federal Department of Fisheries and Oceans says.
Manitoba signs energy deal with MitsubishiManitoba has forged an agreement with Mitsubishi Heavy Industries of Japan to explore renewable energy development opportunities, which could pave the way for electric vehicles to be manufactured in the province.
NEB okays Mackenzie Valley pipelineThe NEB argued the pipeline, if built, could help Canada’s North prosper.
“We looked at how the project would contribute to sustainability in the way it would affect the people, the land where they live, and the economy, now and in the future,” the NEB
Canada losing ground in trade with the U.S.
OTTAWA — Canada's trade surplus with its largest economic partner fell to the lowest in almost two decades in October, a further sign that the cross-border relationship with America is becoming less critical to the economies of both nations.
Victims, activists urge Canada to stop asbestos exportsIn Canada, the use of asbestos in construction is decreasing and has disappeared as a form of insulation. Yet this country encourages its sale to developing countries overseas. Many critics call this hypocritical, if not unconscionable.
Gordon Brown warns of imminent euro 'high noon'Gordon Brown: "You've got massive banking liabilities in the euro area"
Former British Prime Minister Gordon Brown has said he fears the euro will face a "high noon" moment of reckoning early in the New Year.
China persuades 19 nations to boycottBEIJING — The Nobel Peace Prize ceremony in Oslo on Friday may be remembered more for those who did not attend than for any heartfelt words about world affairs.
B.C. Hydro seeks 10% rate increase
The cost of electricity is going up as BC Hydro is forecasting a rate increase of about 10 per cent a year in each of the next three years.
Ford moves to kill Transit CityThe true blue conservatives in Rob Ford’s incoming administration are moving quickly to kill Transit City, confident they can pressure Liberals at Queen’s Park into funding their subway dream. The new mayor will sit down with TTC officials today and disc
12 Days of Christmas ring in at $96,824
In the unlikely event that your Christmas list this year includes every item mentioned in The Twelve Days of Christmas, be prepared to pay nearly $100,000 US.
Halifax Shipyard enjoys boom times
The Irving-owned Halifax Shipyard, no stranger to boom and bust, is flourishing again with 1,300 people building new Canadian Coast Guard ships and repairing Canadian Navy frigates.
Tory senators to dash hopes of disabled Nortel pensionersOTTAWA -- Nortel employees predicted a bleak future filled with illness, poverty, homelessness and even suicide after the Harper government signalled it will kill legislation aimed at protecting workers from losing their long-term disability benefits.
Students raise $200,000 for Terry Fox
Local high school students gave the Terry Fox Foundation close to $200,000 Tuesday, funds raised during this year's High School Terry Fox Run at Nicholls Oval and throughout the year via various activities.
Canada introduces new airport privacy measures
Air travellers who are selected for a body pat-down at Canadian airports will be told they can undergo the procedure in private, under new guidelines from the Canadian Air Transport Security Authority.
Yellowknife stores feel pinch as ferry docked
Yellowknife grocery stores and gas stations are feeling the pinch from low water levels on the Mackenzie River, which have kept the ferry — and many supply trucks — idle for the past six days.
Canadians don't know the price of milkCanada’s dairy industry is among the most complicated in the country, involving layers of government agencies who manage supply. While the farm price of corn, wheat and canola can be tracked regularly on commodity markets, milk is different
Buffet: Rich Should Pay Higher Taxes"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further...But I think that people at the high end -- people like myself -- should be paying a lot more in taxes. We have it better than we
Qantas to resume flying some jets
Qantas will resume flying some of its A380 superjumbo fleet this weekend, ending a self-imposed ban after a massive in-flight engine failure prompted a global safety review, the airline said Tuesday.
Islamic community center developer seeks federal fundingNew York (CNN) -- The developer behind the controversial Islamic community center and mosque planned for Lower Manhattan has requested federal funding through the Lower Manhattan Development Corporation to support the project known as Park51
Novell Agrees to be Acquired by Attachmate CorporationNovell, Inc. (NASDAQ: NOVL), the leader in intelligent workload management, today announced that it has entered into a definitive merger agreement under which Attachmate Corporation would acquire Novell for $6.10 per share in cash in a transaction valued
City council OKs convent development
City planners approved re-zoning the land around a Westboro convent for development Thursday, but said Ottawa will try to buy back a piece of land from the developer to preserve park space.
Ont. electricity rates to rise 46% over 5 years
Ontario Finance Minister Dwight Duncan says his government will introduce a 10 per cent rebate program for electricity bills, but admits rates will jump 46 per cent over the next five years.
Honda stops selling unpopular Civic in JapanTOKYO — Honda will stop selling its Civic sedans in Japan because sales are lagging compared with smaller models, the Japanese automaker said Tuesday.
Production in Japan of the gasoline-engine Civic for local sales ended in August, and will end in Dec
Imaginary exchange goes poofThe green scheme known as the Chicago Climate Exchange will stop trading hot air at the end of the year. Right now, days go by when not a single trade is done. When trades are done, carbon dioxide sells for just five cents a ton.
Oilsands execs set to hear from U.S. groups
Oilsands executives are heading to three U.S. cities this week to hear what environmental groups, business leaders, academics and others have to say about an industry heavily criticized for its environmental impact.
Bombardier makes $120M jet sale to China
Bombardier has announced a sale of five Challenger 300 business jets to Chinese charter operator Donghai Jet. The Montreal-headquartered aircraft maker said Saturday the order is worth about $120 million.
Tim Hortons closes 36 stores, 18 kiosks, in U.S.
TORONTO — Tim Hortons is retreating from a market for the first time in its history, but the closure of money-losing stores in New England is no sign the iconic Canadian coffee chain has been defeated by American competitors, its chief executive said Thur
Fast food toy ban: big win or Big Brother intrusion?
The plan this week by San Francisco city officials to ban toys from kids' meals that don't meet nutritional guidelines was either long overdue, or yet another example of governments interfering with citizens' liberty to choose.
Premier warns Ottawa a day before potash decision
Saskatchewan Premier Brad Wall warned the federal government that approving BHP Billiton's controversial bid to acquire PotashCorp would be a "betrayal" of his province, a day before Ottawa is expected to render a decision on the matter.
Ottawa rejects contentious B.C. mine proposal
The federal government has opted to pass on a proposal to build a mine in a pristine part of the British Columbia Interior, citing "overwhelming" evidence that the project would cause significant environmental damage.
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