Canada Business News
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Playboy empire on brink of saleWith his Playboy Enterprises Inc in talks to be sold for about $US300 million, the 83 year-old Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and fr
MGM 4 saleThe announcement came following mounting speculation that MGM was heading toward an auction of assets, which include the 4,000-title library, the logo, the United Artists operations, rights to the James Bond franchise and half-ownership in the upcoming "H
Big profit from nature protection
Money invested in protecting nature can bring huge financial returns, according to a major investigation into the costs and benefits of the natural world.
Jobs go begging at the home of RIM
WATERLOO, Ont. � When most people think BlackBerry they think of the booming high-tech company Research In Motion Ltd. making billions � an outfit with thousands of employees, easily bankrolling a millionaires� row in its hometown of Waterloo in southwest
Winnie- the-Pooh royalties in dispute
The fictional offspring of the most famous animal in Canadian history -- a certain black bear named Winnipeg -- has landed at the centre of a renewed legal battle over profits from Winnie the Pooh merchandise sold in Canada and the U.S. since the 1960s.
Suncor to expand oilsands project
Calgary-based Suncor Energy said Friday it is budgeting $5.5 billion for capital spending in 2010. The priority will be the third and fourth phases of its Firebag oilsands expansion project north of Fort McMurray, Alta.
Asian market fined for opening Nov. 11 morningA recently opened Asian supermarket was fined $610 Wednesday for doing business on Remembrance Day morning, violating an Ottawa bylaw that prohibits stores from opening until ceremonies have finished at the National War Memorial.
ACTA: Secret talks threaten copyright policyYet the ACTA provisions seek to remove those distinctions. If adopted, the robust copyright debate that occurred over the summer would be rendered moot. Instead, it would appear that a made-in-Canada approach would give way to decisions made last week at
Major BC Ferries and TransLink reforms needed
The top levels of both BC Ferries and TransLink require a major restructuring to give them more accountability, greater transparency and better oversight, B.C.'s comptroller general says.
Gold soars for 5th straight day
Bullion for December delivery reached $1,101.90 US before falling back to trade at $1,094.70, up $5.40, at midday on the New York Mercantile Exchange.
CWB boosts Churchill use in short seasonDespite ice that persisted on Hudson Bay into early August, the Canadian Wheat Board in 2009 was able to push its second-highest volume of grain in over 30 years through the Arctic port of Churchill.
Olympic torch offers hit $2,000 online
A profitable market for used torches has sprung up online, with 100 days to go before the Olympic torch relay arrives to light the opening of the 2010 Winter Games in Vancouver
Olympic rental market swamped with homes
The Olympic dream for many in B.C.'s Lower Mainland has little to do with sporting events or who makes it to the podium. They're hoping to rake in the gold by renting out their homes to tourists coming to the 2010 Games.
A perennial bull turns negativeLongtime optimist advises investors to sell, warning of a double-dip recession...
Anyone who has followed Josef Schachter's monthly commentaries on Canadian energy stocks since he started them in 2002 got a shock in October.
A perennial bull through
Ford is Taking Names and Kicking Ass"We're creating a very strong business and we are not taking taxpayer money," Chief Executive Alan Mulally said on a conference call with analysts. "So the advantages clearly outweigh any potential disadvantage."
Run on Iceland McDonald's as chain flips last burgersNoisy crowds, long queues, and traffic jams plunged McDonald's restaurants in Iceland into a state of siege Saturday, as the chain served its final burgers on the island.
Icelanders flooded the three branches of the US fast-food restaurant in Reykjavik
Huge Texas Wind Farm's Turbines Will Be Made in ChinaClean tech has seen a boost as the U.S. pours government funding into renewable energy, and China looks set to reap much of the benefits. Latest example: a Chinese wind-turbine company has just become the exclusive supplier for one of the largest wind-far
Ford to close St. Thomas assembly plant
Ford will close its St. Thomas, Ont., assembly plant and wipe out about 1,500 direct jobs and employment for thousands of other workers in less than two years under a concessions contract with the company's main union
Timmies bleak financial outlook
Tim Hortons , the iconic Canadian coffee shop chain, warned on Friday that sales in Canada could slow due to the sluggish economy, even as it reported a quarterly profit that narrowly topped estimates.
Canwest: National Post could close after Friday
TORONTO (Reuters) - The National Post, the flagship daily newspaper of Canada's beleaguered Canwest Global Communications, will likely be forced to close after Friday if it isn't transferred to a new holding company
Cowichan Tribes reach Olympic sweater deal
Members of the Cowichan Tribes say they are no longer planning to protest during the Olympic torch relay later this week, after reaching a deal to sell their traditional sweaters at the Olympic Games.
Dogs and cats are bad for the planetThey're faithful, friendly and furry - but under their harmless, fluffy exteriors, dogs and cats, the world's most popular house pets, use up more energy resources in a year than driving a car, a new book says.
Read more: http://www.nationalpost.com/re
Greyhound rival crafts alternate bus plan
A Winnipeg-based bus line says it can run routes to various rural and northern parts of Manitoba if the provincial government can cover start-up costs of about $8 million a year for three years.
Chinese ban on Canadian canola shocks industryChina's abrupt cancellation of Canadian canola imports is confusing authorities who say they don't understand the rationale behind the move.
According to reports, the Chinese have expressed concerns about a fungus called blackleg.

OTTAWA � The country�s top court has dismissed an appeal by an Irving-owned company challenging a multibillion-dollar submarine maintenance contract that went to a competing firm
CTV stations face the axe
Ten local CTV-owned stations in Ontario face closure if cable companies aren't told to start paying to use the signals of the big broadcasters like CTV, Global and CBC, broadcast brass say.
Balloon boy costume for Halloween
SASKATOON - A Saskatoon company is cashing in on the story of the Colorado family whose young son supposedly floated off in a homemade balloon
South Korea buys into oil patchntegrated oil and gas company Harvest Energy Trust has agreed to a proposed takeover by state-owned Korea National Oil Corp. in a deal valued at $4.1-billion, including debt.
RIM launches new Bold, but challenge looms for StormResearch In Motion has rolled out an updated version of its top-end BlackBerry Bold, aiming to reassert its dominance in the professional market at a time when its retail consumer business has come under growing pressure from Apple's iPhone.
WestJet plans trial to leave middle seats emptyWestJet, which does not offer business class, is planning a trial project to designate an �empty middle-seat zone� in the first eight to 10 rows of its single-aisle planes between Calgary and Hawaii, as well as Edmonton and Hawaii, perhaps charging a fee
GM, Chrysler were a mess: Car czarIn a first-person account posted on Fortune's Web site Wednesday, Steven Rattner said he was alarmed by the �stunningly poor management� at the Detroit companies and said GM had �perhaps the weakest finance operation any of us had ever seen in a major com
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