Canada Business News
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Loonie extends 2009 gains
The Canadian dollar hit a two-month high against the U.S. greenback on Monday as commodity prices showed renewed strength following upbeat economic reports from the U.S., China, and Europe.
Restaurant GM tight-lipped on deal with Oilers players
Outspoken and outraged just one day earlier, the GM of an upscale Calgary restaurant did a spin-o-rama yesterday in his position on a dispute with Edmonton Oilers players.
Maurizio Terrigno would not elaborate on any developments, except to confirm s
Darth Vader Rings Bell, Opens Wall StreetThe ringing of the bell at the New York Stock Exchange is an honor for those of great importance. One such great man, who had ambitions of conquering a galaxy, visited Wall Street yesterday to ring the opening bell.
JAL bankruptcy proposed as option to banksBankruptcy has been proposed by a state-backed fund as an option in the restructuring of Japan Airlines Corp, two sources familiar with the matter said.
The state-backed Enterprise Turnaround Initiative Corp of Japan (ETIC) has been holding talks with
Ontario to grapple with ballooning deficit in 2010TORONTO — Cuts to program spending, asset sales and even the possibility of "Dalton Days" haven’t been ruled out in 2010 as Ontario struggles to chip away at a $25-billion deficit that critics say the province has no clear idea how to handle.
Apple shares rise as tablet anticipation buildsShares of Apple Inc reached their all-time high on Thursday, as excitement builds over the expected release of its tablet computer.
Although Apple itself has never acknowledged the existence of such a device, anticipation is peaking as the company ente
AECL wins 1st Japan contract
Atomic Energy of Canada Limited announced Tuesday it has signed a multimillion-dollar contract with Tokyo Electric Power Company. It is the Crown corporation's first contract in Japan
Mint's gold was never missing
A third-party investigation has found that millions of dollars' worth of gold were not stolen from the Royal Canadian Mint's vaults as originally feared, says the institution.
Naked sushi arrives in Edmonton
EDMONTON -- Hungry patrons, chopsticks in hand, peruse the tantalizing platter up and down to select the most delectable sushi roll.
Flaherty warns on mortgage rulesFinance minister tells CTV Ottawa may raise minimum down payment for home buyers and reduce amortization period to stop some from taking on too much debt
Chinese oilsands takeover bid under reviewThe Harper government is quietly reviewing the $1.9-billion investment by a state-owned Chinese oil company in two oilsands projects, more than a month after the deal was originally supposed to close.
AOL back onlineInternet firm AOL re-launched itself as an independent company this week in New York, finally ending a protracted divorce from Time Warner, the media company it bought at the height of internet mania nearly 10 years ago.
Clement gives Globalive green light to operate in CanadaThe federal government is giving the green light to a fourth wireless company in Canada, allowing Globalive Wireless Management Corp. to start up immediately.
Industry Minister Tony Clement announced this morning that the cabinet has determined Globali
Controversial HST bill passed in OntarioLegislation to create a single 13 per cent sales tax in Ontario passed third and final reading Wednesday despite strong objections and delaying tactics by the Opposition.
Hong Kong to accept Canada's beef: Harper
Canadian beef exporters have regained access to the Hong Kong market following a meeting between Prime Minister Stephen Harper and the former British colony's chief executive
Calgary among the world's smartest citiesIn today's parlance a "smart" city often refers to a place with a "green" sustainable agenda. Yet this narrow definition of intelligence ignores many other factors—notably upward mobility and economic progress—that have characterized successful cities in
The latest online shopping scamBah humbug! Before you tackle your gift list or book your holiday flight online, be sure to read the fine print to avoid the latest web scheme targeting online consumers.
This massive web scam has already cost online shoppers more than $1.4 billion, ac
Counterfeits abound online
Police have a warning for shoppers hoping for online bargains this holiday season: beware of counterfeits lurking in your stocking.
B.C. billboard opponents threaten boycott
A chief of Squamish First Nation says it can't afford to be concerned about a potential public backlash against new billboards going up on band-owned land in Vancouver.
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