Some of what has been said about Canada Post's plan to cut delivery services
OTTAWA - Some of the reaction Wednesday to Canada Post's decision to do away with urban door-to-door delivery and significantly increase the price of stamps."Canada Post has begun to post significant...
View ArticleTSX Closes Down 190 Points On Fed 'Taper' Fears
TORONTO — The Toronto stock market tumbled almost 200 points Wednesday as investors remained focused on whether the U.S. Federal Reserve might start to claw back its stimulus measures as early as next...
View ArticleFortis to acquire UNS Energy for US$4.3B, including US$1.8B in debt
ST. JOHN'S, N.L. - Fortis Inc. (TSX:FTS) has signed a deal to acquire Arizona-based UNS Energy Corp. for US$4.3 billion, including the assumption of about US$1.8 billion of debt.The Canadian utility...
View ArticleWhich Next-Gen Gaming Console Should I Buy?
Gaming is measured in console generations, the technological leaps from, say, the Atari 2600 to the original Nintendo NES or the first Playstation to the Xbox. With the recent releases of the Xbox One...
View ArticleAir Canada places a US$6.5 billion order for 61 Boeing narrowbody aircraft
MONTREAL - Air Canada is switching its narrowbody fleet to Boeing, announcing Wednesday that it will purchase 61 of the U.S. manufacturer's newest narrowbody aircraft over the next decade in a deal...
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Encouraging an Entrepreneur-Based Economy With Paul Woolford
Becoming an entrepreneur used to be a "they" thing: other people did it, but unless you had one in the family, it was a career shrouded in mystery. How do you get started? Do you have to be an...
View ArticleReport: Chinese girl fatally struck after Asiana plane crash was hit by 2...
WASHINGTON - A teenage girl who survived the crash of an Asiana Airlines jet in San Francisco only to be fatally struck by a fire truck on the runway was actually run over by two rescue vehicles in the...
View ArticleAudit finds Google executives improperly saved millions on jet fuel
SAN FRANCISCO - An aircraft fleet owned by Google's founders and former CEO received improper discounts on jet fuel that saved the three billionaires up to $5.3 million dating back to depths of the...
View ArticleCanada's Light Bulb Ban Begins New Year's Day 2014
OTTAWA - A federal ban on inefficient light bulbs goes into effect Jan. 1, 2014, almost seven years after it was announced with fanfare by a then-rookie Conservative government.But the tough...
View ArticleNetflix Canada vs. Netflix USA: Why Do We Get The Shaft?
Canadian jealousy of the United States is often exaggerated — but when it comes to Netflix, it’s all too real. Canadians have flocked to Netflix since it expanded north in 2010, but many have noticed...
View ArticleExploration company to lose drilling licence near Newfoundland's Gros Morne park
ST. JOHN'S, N.L. - An oil exploration company that set off intense debate with plans to frack near Gros Morne National Park in western Newfoundland says it will lose its licence next month to drill...
View ArticleLas Vegas casino company cancels plans to build multi-billion 'EuroVegas'...
MADRID - Las Vegas Sands Corp. says it has scrapped plans to build a multibillion-dollar "EuroVegas" resort in Spain.A statement on the company's website Friday said the project near Madrid did not fit...
View ArticleTSX little changed, traders focus on Fed meeting and tapering concerns
TORONTO - The Toronto stock market was slightly lower late Friday morning as buying sentiment was blunted by growing concerns that the U.S. Federal Reserve is set to start reducing its monetary...
View ArticleCanadian dollar lower, greenback strengthens on Fed tapering speculation
TORONTO - The Canadian dollar was lower Friday with traders focused on the Federal Reserve and whether the central bank will move to cut back on monetary stimulus at its interest rate meeting next...
View ArticleUS wholesale prices drop 0.1 per cent in November, led by falling gas and...
WASHINGTON - U.S. wholesale prices dropped in November for the third consecutive month, pushed down again by cheaper gasoline and lower home heating oil costs. But excluding volatile energy costs,...
View ArticleCrude Oil Rail Transport Could Get New Hazard Standards
The federal transport minister is considering a number of changes to how crude oil is transported across Canada by rail. The move would come after last summer's tragedy in Lac-Mégantic, Que., where 47...
View ArticleHugh Segal, Tory Senator, Takes Parting Shot At Harper Over 'Fair Wages' (VIDEO)
Now here’s something you don’t see very often — a Tory defending unions and praising their role in the economy. Granted, the Tory in question is a Red Tory, a veteran of the Mulroney years and Ontario...
View ArticleCanada Household Debt Hits Another Record High
OTTAWA - Household debt in Canada hit a new all-time high in the just completed third quarter, but the tiny increase from the previous quarter suggests Canadians are reaching their limit on...
View ArticleCisco Canada To Create 1,700 Jobs In Ontario, Invest Up To $4B
TORONTO - Cisco Canada has signed a ten-year deal with the Ontario government that could see the company invest up to $4 billion in the province.Cisco Canada president Nitin Kawale says the company...
View ArticleToronto stock market likely in for positive 2014 amid improving global economy
TORONTO - The Toronto stock market lived up its predicted modest gains for 2013, closing up about six per cent, but there's optimism in the air for Canada's main stock market for the year ahead."I...
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