Inflation returns

Fri, 19 Mar 2010 11:06:54 -0500

Inflation unexpectedly shot up in February with the core rate up 2.1 per cent.

It's the first time the core rate has crept over the Bank of Canada's two per cent target in more than a year.

Canada Revenue Agency cashes in on $600 million in offshore income

Fri, 19 Mar 2010 08:29:56 -0500

There's a lot of Canadian money hidden around the world and Ottawa is finally getting its hands on......

Canadian dollar soars in early trading Thursday

Thu, 18 Mar 2010 09:22:38 -0500

TORONTO, Ont. - The Canadian loonie is again flying near parity with the U.S. greenback.

But this time no one is surprised and most expect the Canadian dollar to remain aloft for years.

The Canadian dollar was slightly higher, up a tenth of a cent to 99.08 cents U.S.

Wholesale sales post strongest increase in three years, StatsCan says

Wed, 17 Mar 2010 11:28:30 -0500

There's more evidence Wednesday of a rebounding Canadian economy.

Statistics Canada said......

Canadian dollar trades at 99 cents U.S. for first time since July 2008

Wed, 17 Mar 2010 09:16:42 -0500

The Canadian dollar is trading at 99 cents (U.S.) for the first time since July 2008.

Cost of owning home up, Royal Bank report shows

Mon, 15 Mar 2010 10:57:45 -0500

A Royal Bank report showed the cost of owning a home was up slightly in late 2009.

RBC......

Phillips-Van Heusen to buy privately held Tommy Hilfiger in $3B deal

Mon, 15 Mar 2010 09:07:56 -0500

NEW YORK - Clothing maker Phillips-Van Heusen Corp. said Monday it has agreed to buy privately held......

Loonie races towards parity, touches 20-month high on back of labour report

Fri, 12 Mar 2010 20:05:20 -0500

TORONTO, Ont. - The Canadian dollar is racing towards parity faster than even the most daring......

February unemployment rate falls to 8.2 per cent, 21,000 jobs created

Fri, 12 Mar 2010 10:34:02 -0500

OTTAWA, Ont. - Canada's unemployment rate fell to 8.2 per cent in February from 8.3 per cent the previous month. The economy created 21,000 jobs in the month.

Economists had generally expected the economy would add 15,000 jobs, although some predicted it could be closer to January's advance of 43,000.

Mexican telecom giant tops Forbes list of richest people

Thu, 11 Mar 2010 09:07:25 -0500

The Forbes list is the world's who's who when it comes to the big bucks and for the first time ever......

Federal budget calls for massive cuts, other highlights

Thu, 04 Mar 2010 16:53:42 -0500

OTTAWA, Ont. - Highlights from Thursday's federal budget for 2010-11:

- Total......

Ottawa to open cell phone market to foreign entrants: throne speech

Wed, 03 Mar 2010 16:01:14 -0500

Canada's closed-shop telecommunications industry is being thrown open to foreign competition.

Flaherty stepping out in new shoes for Thursday's budget

Mon, 01 Mar 2010 16:32:54 -0500

Federal Finance minister Jim Flaherty has his new shoes for Thursday's budget. He was in his home......

Canwest to have second suitor file rival bid Friday: report

Fri, 19 Feb 2010 09:16:17 -0500

VANCOUVER, B.C. - A report said Canwest Global Communications will have a second suitor Friday when......

Disgraced financier Earl Jones gets 11-year sentence for orchestrating massive fraud scheme

Mon, 15 Feb 2010 15:09:21 -0500

Disgraced financial adviser Earl Jones received an 11-year sentence for orchestrating a massive......

Bilodeau's historic win on Canadian soil makes for marketing gold

Mon, 15 Feb 2010 12:57:43 -0500

Just hours after winning gold, Canada's newest Olympic hero is already getting serious attention......

Shaw Communications to buy control of Canwest, pay off its creditors

Fri, 12 Feb 2010 08:47:52 -0500

The company that owns Shaw Cable and the StarChoice satellite TV service has arranged to buy a......

Toyota tells workers it has found fix for gas pedals, update coming on Friday

Fri, 29 Jan 2010 09:37:50 -0500

Toyota Motor Corp. said it has figured out how to fix a problem with sticking accelerator pedals and......

Ontario's economy expected to top national average this year

Thu, 28 Jan 2010 16:01:27 -0500

Things are looking up in Ontario, economically speaking.

In fact, we may outperform the......

Toyota extends gas pedal recall to Europe, China after new recall in U.S. over mats

Thu, 28 Jan 2010 12:06:46 -0500

Toyota's massive recalls over problem gas pedals in Canada and the U.S. are being extended to China and Europe, the latest blow to the world's top automaker as it struggles to salvage its safety reputation.

Ford earns $2.7-billion (U.S.) in 2009, first annual profit in four years

Thu, 28 Jan 2010 07:18:06 -0500

Ford Motor Co. said it made $2.7-billion (U.S.) in 2009, its first annual profit in four years.

Apple unveils new iPad tablet-style computer

Wed, 27 Jan 2010 15:28:15 -0500

Apple has unveiled its new tablet-style device called the iPad, Wednesday.

Fed holds rates at record lows, pledges to keep them there to nurture recovery

Wed, 27 Jan 2010 14:45:27 -0500

The U.S. Federal Reserve has decided to hold interest rates at a record low and pledged to keep them......

Berkshire Hathaway to replace BNSF in stock indexes after buying the railroad

Tue, 26 Jan 2010 20:32:50 -0500

Warren Buffett's Berkshire Hathaway Inc. will soon join the S&P 500 and S&P 100 stock......

General Motors agrees to sell Saab to Dutch carmaker Spyker

Tue, 26 Jan 2010 13:25:05 -0500

General Motors said it has agreed to sell its Saab division to Dutch carmaker Spyker.

GM......

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