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US, Europe escalate sanctions on Russia; Obama says Ukraine actions 'have...

WASHINGTON - Struggling to defuse the persistent crisis in Ukraine, both the U.S. and European Union imposed new economic sanctions on Russia Wednesday, with President Barack Obama declaring that...

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Political Audits Of Charities 'Threatens' Integrity Of CRA: NDP

OTTAWA - The NDP is calling for an independent probe into the Canada Revenue Agency's targeting of some Canadian charities for their political activities.In a letter Wednesday to Revenue Minister...

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Vancouver Real Estate: Boarded-Up Home On Sale For $25.8 Million

As the most expensive city in Canada, Vancouver is known for its high real estate prices. For example, a West Vancouver mansion hits the market for $20 million. A downtown Vancouver penthouse gets set...

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Get Ready For a Completely Different Kind of Phone Call From Your Investment...

The next phone call you get from your Investment Advisor (IA) will sound a lot different than those calls you received before July 2014. Not only do you have to agree to the quantity and price of the...

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Oil price rises to over US$101 on large US stock draw, economic growth in China

Oil prices rose Wednesday on news of a large drain in U.S. oil inventories and a slight improvement in economic growth in China.Benchmark West Texas Intermediate crude for August delivery rose $1.24 to...

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What Facebook's News Feed Changes Mean for Users

Facebook's move to downplay its auto-sharing function is one of many changes the social network has made to its news feed. This modification means less information about user activity is automatically...

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Canada's Start-Up Visa Program Accepts First Two Applicants

VANCOUVER - Canada's immigration minister heralded on Wednesday the federal government's 16-month-old visa program for entrepreneurs, which has accepted its first two applicants.Chris Alexander told a...

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Ontario judge OKs up to $122.66 million for creditors of Nortel's EMEA unit

TORONTO - An Ontario judge overseeing the Canadian portion of the Nortel Networks bankruptcy has approved a settlement on one of the side issues that involves creditors of an international division of...

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Retrocom real estate trust to pay $179 million for 9 Walmart-anchored properties

TORONTO - The Retrocom REIT (TSX:RMM.UN) is preparing to buy nine Canadian investment properties, most anchored by Walmart stores, for a total of $179 million in two separate deals announced...

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Cleanup underway, after 24 rail cars go off tracks near Moose Jaw, Saskatchewan

MOOSE JAW, Sask. - Emergency and Canadian Pacific Railway officials say there are no leaks from 24 rail cars that went off the tracks west of Moose Jaw, Sask.Tom Overs, commander of the Moose Jaw fire...

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Cdn firms lag global peers in investment; Ontario, Quebec particularly poor:...

OTTAWA - Canadian companies are falling behind rivals in the rest of the world in terms of investment, according to a new report from the C.D. Howe Institute.The report, written by the institute's...

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Senate panel, delving into GM recall delay, to ask executive about role of...

WASHINGTON - A Senate panel will pose questions to a new set of key players Thursday as it delves deeper into General Motors' delayed recall of millions of small cars.GM CEO Mary Barra will certainly...

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EPA: Duke finishes cleaning large pockets of coal ash from river after spill...

RALEIGH, N.C. - Duke Energy has completed removal of large pockets of coal ash from the Dan River months after a massive spill at a North Carolina power plant, federal environmental officials said...

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Bombardier leaves air show with CSeries momentum, but facing high risks:...

MONTREAL - Bombardier left the Farnborough Airshow with some momentum in CSeries orders, but industry analysts say the company still faces key risks in developing and selling the commercial...

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Malaysia Airlines MH17 Crash: Airlines Flying Over Ukraine Because It's...

Airlines were warned this spring to stay away from Ukrainian airspace, but many chose to fly over the country anyway because it was cheaper, an airline security expert says. The U.S. Federal Aviation...

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Hard Rock Hotel & Casino to open at Lake Tahoe in old Horizon Resort; $60M...

RENO, Nev. - The managers of the Hard Rock Hotel & Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort...

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Millennials Facing 'Undersupply Of Good, Solid Jobs': Monster.ca

TORONTO - Millennials may be facing a tough job market, but they are the age group spending the least amount of time between jobs, according to an online jobs site.Monster Canada says recent numbers...

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Law society revokes Garth Drabinsky's licence over fraud convictions

TORONTO - Ontario's law society revoked Garth Drabinsky's licence Thursday, despite a plea from the disgraced theatre impresario that he retain it so he can "climb out of the abyss."He and business...

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Correction: Nielsens story

NEW YORK, N.Y. - In a story July 15 about the Nielsen ratings, The Associated Press reported erroneously that the CBS series "Extant" marked actress Halle Berry's small screen debut. It is her first...

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Kenney To Announce Foreign-Credential Recognition Agreement

OTTAWA - Employment Minister Jason Kenney is slated to announce an agreement with the provinces to recognize 10 new occupations, incuding welders, carpenters and electricians, to improve...

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