Bombardier aerospace CEO retires amid restructuring that will see 1,800 jobs cut
MONTREAL - Bombardier Aerospace president and CEO Guy Hachey is retiring after six years in the post amid a restructuring of operations at aerospace that will result in the layoff of 1,800...
View Article'I Know Where Your Cat Lives' App Aims To Educate Us On Oversharing
If you're using Owen Mundy's app, chances are the cat's out of the bag and on his map of over three million felines around the world. Mundy, an assistant professor at Florida State University, created...
View Article6 indicted in ring that took over 1K StubHub accounts; one arrest in Toronto
NEW YORK, N.Y. - Some of the hottest tickets in town — to Broadway hits, Jay-Z and Justin Timberlake concerts, a New York Yankees-Boston Red Sox game — were snapped up by an international ring of cyber...
View ArticleWhy B.C. Government's Purchase Card Records Are So Illuminating
Call it the Orange Juice Syndrome. Bev Oda, former federal minister responsible for the Canadian International Development Agency, knows it well. Her $16 glass of orange juice at the Savoy Hotel in...
View ArticleUS new-home sales tumble 8.1 per cent in June to annual rate of 406,000
WASHINGTON - Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.New home sales fell 8.1 per cent last month to a seasonally adjusted annual rate...
View ArticleIMF: Canadian Economy Weaker Than Thought, Thanks To U.S.
OTTAWA - The International Monetary Fund says Canada's economy will be a little weaker this year than previously projected, although it will continue to lead all nations in the Group of Seven but...
View ArticleIMF cuts global growth forecast because of slowdowns in US, Russia and...
WASHINGTON - The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing...
View ArticleAir Canada's Toronto-Tel Aviv Flight Resumes
TORONTO - Air Canada is resuming flights to Tel Aviv after a two-day halt prompted by security concerns over rocket attacks near Israel's main airport.The airline says Flight AC84 is leaving Toronto...
View ArticleToronto's 416 Area Codes Selling For Hundreds, Even Thousands
Opportunity’s calling, 416ers: Those three digits at the beginning of your phone number could make for a lucrative pay day. Toronto’s most coveted area code is becoming a business in the city, with...
View ArticleOntario Liberals Pass Big-Spending Budget Bill Despite Opposition Fears
TORONTO - Ontario's law-making school is out for the summer, but provincial politicians aren't breaking out the flip-flops and cracking open a cold one just yet.The legislature adjourned Thursday after...
View ArticleCalgary Median Family Income Highest In Canada
Toronto may be home to Canada's richest neighbourhoods, but Calgary takes top spot for highest family income. According to data released Wednesday by Statistics Canada, Calgary is Canada's richest city...
View ArticleScotiabank Unpaid Overtime Class-Action Lawsuit Reaches Settlement
TORONTO - Scotiabank (TSX:BNS) has agreed to settle a class-action lawsuit seeking unpaid overtime with some of its retail branch bank employees.Details of the settlement weren't made public by the...
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Bloomberg Terminals Host ‘Secret' Versions of Craigslist, LinkedIn, Yelp For...
For years the Bloomberg new service has run Bloomberg Terminal, a computer system that gives users access to enormous amounts of real-time data on financial markets. It costs $20,000 U.S. per user per...
View ArticleTwo KFC Locations Will Now Serve Beer In Toronto
If the thought of a cold one accompanying your fast food has always been your dream, KFC Canada just became your fairy godmother. KFC Fresh outlets (which have two locations in in Toronto) will be...
View ArticleEI Payments Down, Unemployment Up: What's Going On Here?
Some taxpayers’ groups say Canada’s employment insurance system is turning into little more than a cash cow for the federal government, a tax disguised as an insurance premium. The latest data on EI...
View ArticleUS stock market ends little changed after mixed signals on the economy, earnings
NEW YORK, N.Y. - U.S. stocks are ending little changed after a day of mixed signals on corporate earnings and the economy.The Standard & Poor's 500 index rose less than one point, or 0.05 per cent,...
View ArticleTransForce bids to acquire Ontario trucking company Contrans for $495 million
MONTREAL - TransForce Inc. (TSX:TFI) has a friendly offer to acquire Contrans Group Inc. (TSX:CSS) for $495 million in cash.The board of Contrans, a trucking company based in Woodstock, Ont., is...
View ArticleCanadian and Chinese companies partner to build nuclear reactors in Romania
VANCOUVER - A Canadian company is partnering with a Chinese firm in anticipation of building two more nuclear reactors in Romania that could be worth $1.5 billion for Canada's economy.Candu Energy...
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Jim's Weeds Lounge, Vancouver Pot Shop, Searched By Police
An East Vancouver marijuana shop was searched by police on Thursday. Armed with a search warrant, officers entered Jim's Weeds Lounge at around 1 p.m. after receiving reports that pot was allegedly...
View ArticleToronto Ranks 15th In World For Millionaires, But Monaco Beats It By A Mile
Toronto ranks 15th in the world among cities with the largest number of millionaires per capita, according to a study from WealthInsight. Slightly less than 2.3 per cent of Torontonians have a net...
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