Toll operator 407 International sees profits fall by 40 per cent in Q2
TORONTO - Toll highway operator 407 International Inc. says its second-quarter net income fell 40 per cent, even though revenues continued to grow.The company, which operates the Highway 407 electronic...
View ArticleWith Household Debt Near Record Highs, BoC Mulls Major Interest Rate Policy...
Bank of Canada governor Stephen Poloz says low interest rates may become the “new normal” as Canadians have taken on so much debt that any rate spike could send shockwaves through the economy. The head...
View ArticleHarper Must Answer For Duffy's Crimes
It's a terribly sad day for Parliament when a member of the Senate gets hauled before the criminal courts to face 31 charges of fraud, bribery and breach of trust. The formal trial of Mike Duffy is...
View ArticleOil soars past US$103 a barrel on on geopolitical turmoil, lower U.S. stocks
The price of oil rose two per cent Thursday on lower U.S. inventories and concerns that geopolitical tensions could disrupt global supplies.Benchmark West Texas Intermediate crude for August delivery...
View ArticleSeaterra's Esquimalt Bribe Should Leave Taxpayers Seaterr-ified
Seaterra's proposed Esquimalt bribe should leave Capital Regional District (CRD) taxpayers Seaterr-ified. With the $788 million sewage treatment plan reeling like a bloodied prizefighter on his last...
View ArticleFedEx charged with assisting illicit pharmacies by shipping drugs without...
SAN FRANCISCO - Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and other dangerous drugs to customers without prescriptions.The...
View ArticleIt Makes More Economic Sense To Shoot Grizzlies With Cameras Than Guns
One can only conclude that British Columbia's Minister of Tourism and Small Business Naomi Yamamoto was poorly briefed by her handlers with regard to the grizzly bear hunt issue after reading about her...
View ArticleAP NewsBreak: Obama approves sonic cannons, reopening oil exploration off US...
ST. AUGUSTINE BEACH, Fla. - The Obama administration has approved the use of sonic cannons to explore for oil and gas off the Eastern Shore.The Bureau of Ocean Energy Management on Friday formally...
View ArticleAlberta Jobs Galore, But Not Enough Workers To Fill Them
EDMONTON - Alberta's jobs minister says employment forecasts show that over the next decade, 96,000 jobs in the province will go unfilled due to a shortage of workers.Kyle Fawcett says projections show...
View ArticleComcast reaches deal with ESPN to carry upcoming SEC Network
BIRMINGHAM, Ala. - Comcast Cable has reached a deal with ESPN to carry the SEC Network.The network, which launches on Aug. 14, was already set to be carried on cable and satellite providers like DISH...
View Article'Treme' actor Rob Brown settling shopper-profiling suit; Macy's says it...
NEW YORK, N.Y. - A black actor who accused Macy's of racially profiling minorities as shoplifters is settling his civil rights lawsuit, one of several cases that drew attention last year to...
View ArticlePeople familiar with sale documents to AP: Bon Jovi part of Toronto group...
BUFFALO, N.Y. - Rocker Jon Bon Jovi is part of a Toronto group that has retained a banking firm and submitted paperwork expressing interest in buying the Buffalo Bills, three people who have reviewed...
View ArticleAll aboard: railway passenger service resumes in northern Manitoba
WINNIPEG - Railway passenger service has resumed to Churchill in northern Manitoba.Service along the 270-kilometre stretch of track between Gillam and Churchill shut down on June 2 after several...
View ArticleTesla Spans The Continent
Tesla Motors, the darling of the electric car world, opened its first Canadian supercharger station in Squamish, B.C. on July 17th. Squamish is between Vancouver and the world-famous ski resort,...
View ArticleBell, Rogers Customers Claim To Be Billed After Cancelling Services
The majority of Canadians rely on Bell Canada and Rogers Communications for their internet, cable and cellphone services, but that doesn't mean their customers are pleased. Customers of the two...
View ArticleCanadian dollar stronger than expected in July, near 6-month high of 94 cents US
TORONTO - The recent strength of the Canadian dollar has been a surprise, given that many economists expected it to stay weak throughout much of the year.But a combination of several factors has the...
View ArticleKindle Unlimited In Canada? Sorry, 'Netflix For Books' Not Yet Available Here
Online bookseller Amazon has launched a “Netflix for books” — an all-you-can-read service that allows you to download books for the price of a monthly fee. The move could upend the bookselling...
View ArticleOil price holds gain for the week on Middle East, Russia-Ukraine tensions
NEW YORK, N.Y. - The price of oil retreated slightly Friday but remained elevated because of political turmoil around the world.Concern that conflicts and rising tensions in the Ukraine and the Middle...
View ArticleNew Toyota minivan lets parents use built-in microphone to scream at unruly...
DETROIT - Toyota wants to help you scream at your unruly kids.The latest version of the company's Sienna minivan has a feature called "Driver Easy Speak." It uses a built-in microphone to amplify a...
View ArticleWhat CBC VP Bill Chambers Should Learn About Public Broadcasting
The CBC brass, apparently stung by criticism of its plans to pull out of production and focus on digital, mobile media, has taken to lashing out at its critics in an unseemly way. The latest example...
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