No magic bullet for smart RRSP investing in 2013

As Canadians prepare to set aside some of their hard-earned cash this RRSP season, many will be looking for the next hot investment trend, but few financial experts believe there will be one magic bullet when it comes to choosing how to investment your...

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Facebook earnings stronger than expected

Facebook's profit slipped to $64 million in the fourth quarter of 2012, beating expectations from analysts. A year earlier, before Facebook was publicly traded, it earned $302 million. Revenue at the social networking site rose to $1.59 billion, an...

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RIM changes name to BlackBerry as BB10 launches

Research In Motion launched two BlackBerry 10 smartphones Wednesday, banking on the hotly anticipated line of devices to save the company. CEO Thorsten Heins kicked off simultaneous live events in New York, Toronto, London, Paris, Dubai, Johannesburg,...

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Polluters to face greater liability for offshore drilling spills

The federal government is set to bring in a new law to make resource companies pay more if they have a spill during off-shore drilling. Environment Minister Peter Kent told reporters this week his government is about to bring in "significant" changes...

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Canadian economy expands at faster pace

Canada's gross domestic product increased by 0.3 per cent in November, an uptick from the 0.1 per cent gain the previous month. Goods-producing sectors expanded by 0.6 per cent, while the service sector expanded by 0.1 per cent, Statistics Canada said....

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How your cellphone contract could change for the better

The vast majority of Canadians own a cellphone, and judging by the ubiquitous sight of people constantly fiddling with their touchscreens, the technological devices have become an integral part of daily life. Nearly 80 per cent of Canadian households...

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Youth unemployment to cost Canadian economy $23 billion

The rise in youth unemployment in Canada during the recent recession will cost Canadian youth $23.1 billion in lost wages over the next 18 years, according to a new report by TD Economics. The unemployment rate for Canadians aged 15-24 was 11 per cent...

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Toyota Canada recalls 157,000 cars over airbags, wipers

Toyota Canada is recalling more than 157,000 vehicles to fix airbags and window wipers. They include more than 140,000 Corolla and Matrix cars from 2003 and 2004 and almost 17,000 Lexus IS models from 2006 through 2012. The Corolla and Matrix cars...

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Salaries tick higher in November

The average weekly Canadian paycheque was $911 in November, a slight 0.5 per cent gain from the previous month and 3.2 per cent higher than the same time last year. Statistics Canada data released Wednesday showed non-farm employees earning more, but...

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RIM's BlackBerry 10 ready to launch

The eyes of the technology world will be focused squarely on Research In Motion today as the company launches BlackBerry 10, the hotly anticipated line of smartphones with the potential to make or break the company. RIM is hosting simultaneous live...

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Moody's downgrades 6 Canadian banks

Moody's Investors Service has downgraded the long-term credit ratings of six Canadian banks, including Toronto-Dominion, Bank of Nova Scotia, Bank of Montreal and CIBC. National Bank and Desjardins were also downgraded. The ratings agency lowered each...

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Canada's richest 1% getting richer

The proportion of women among the ranks of Canada's wealthy elite has almost doubled over the past 30 years, new data released by Statistics Canada Monday shows. The data agency published its analysis of the richest one per cent of Canadian tax filers...

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Visa service restored after Canada-wide outage

Visa Canada says its network is back up and running after a countrywide outage for customers Monday. Many customers across the country were unable to use their credit cards during the outage, which Visa blamed on a "third-party" service provider. CIBC,...

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Corporate tax cuts have firms sitting on cash, group says

The Canadian Labour Congress says tax freedom day is coming earlier for the country's corporations, thanks to aggressive government tax cuts. While most Canadians don't earn enough to pay off their taxes until sometime in late June, the labour group...

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Tablets, Netflix top list of popular Canadian tech trends

Tablet ownership is growing explosively in Canada, according to a new report on tech trends, which also notes that Netflix continues to sign up new subscribers. The Media Technology Monitor conducts regular surveys to chart changes in the use of technology...

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Federal deficit shrinking faster than expected

The latest federal budget deficit numbers suggest the shortfall is shrinking faster than even the government expected, and prompting speculation Ottawa could be out of the red a year ahead of schedule. The Finance department said Friday November's federal...

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Kerry unlikely to block Keystone XL, experts say

Now that the Nebraska Gov. Dave Heineman has approved an alternate route through his state, the controversial Keystone XL pipeline may have another hurdle to deal with in the form of climate hawk John Kerry who has been nominated to be next U.S. Secretary...

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SNC Lavalin paid $160M in Libyan bribes, RCMP allege

Employees of SNC Lavalin are accused of paying $160 million in bribes to get business for the Canadian engineering giant in Libya, including the purchase of luxury yachts for the son of the late dictator Moammar Gadhafi, a newly released RCMP search...

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Canada's richest 1% has twice as many women now

The proportion of women among the ranks of Canada's wealthy elite has almost doubled over the last 20 years, new data released by Statistics Canada Monday showed. The data agency published its analysis of the richest one per cent of Canadian tax filers...

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RIM targets loyalists on eve of BlackBerry 10 launch

They call them the BlackBerry loyals: long-time smartphone users who have clung to their aging Curve and Bold models through the most turbulent days of the company. In the coming months, Research In Motion is certainly going to need them. Despite what...

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Google user data requests from authorities soar

Google produced data in response to just 24 per cent of Canadian requests, a drop from 55 per cent in 2010. (Associated Press) Governments and courts around the world have increased their requests for Google user data by 70 per cent since 2009, Google...

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Federal deficit shrinking faster than expected

The latest federal budget deficit numbers suggest the shortfall is shrinking faster than even the government expected, and prompting speculation Ottawa could be out of the red a year ahead of schedule. The Finance department said Friday November's federal...

22.39 | 0 komentar | Read More

Kerry unlikely to block Keystone XL, experts say

Now that the Nebraska Gov. Dave Heineman has approved an alternate route through his state, the controversial Keystone XL pipeline may have another hurdle to deal with in the form of climate hawk John Kerry who has been nominated to be next U.S. Secretary...

22.39 | 0 komentar | Read More

SNC Lavalin paid $160M in Libyan bribes, RCMP allege

Employees of SNC Lavalin are accused of paying $160 million in bribes to get business for the Canadian engineering giant in Libya, including the purchase of luxury yachts for the son of the late dictator Moammar Gadhafi, a newly released RCMP search...

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Clash at Canadian-owned Peru mine leaves at least 4 hurt

Police in northern Peru say at least four people have been wounded in a clash with several hundred people trying to enter a Canadian-owned copper mine where drilling began last month. At least a dozen people were wounded, with one man shot in the back...

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Google user data requests from authorities soar

Google produced data in response to just 24 per cent of Canadian requests, a drop from 55 per cent in 2010. (Associated Press) Governments and courts around the world have increased their requests for Google user data by 70 per cent since 2009, Google...

22.39 | 0 komentar | Read More

Federal deficit shrinking faster than expected

The latest federal budget deficit numbers suggest the shortfall is shrinking faster than even the government expected, and prompting speculation Ottawa could be out of the red a year ahead of schedule. The Finance department said Friday November's federal...

22.39 | 0 komentar | Read More

Kerry unlikely to block Keystone XL, experts say

Now that the Nebraska Gov. Dave Heineman has approved an alternate route through his state, the controversial Keystone XL pipeline may have another hurdle to deal with in the form of climate hawk John Kerry who has been nominated to be next U.S. Secretary...

22.39 | 0 komentar | Read More

SNC Lavalin paid $160M in Libyan bribes, RCMP allege

Employees of SNC Lavalin are accused of paying $160 million in bribes to get business for the Canadian engineering giant in Libya, including the purchase of luxury yachts for the son of the late dictator Moammar Gadhafi, a newly released RCMP search...

22.39 | 0 komentar | Read More