Global youth unemployment set to rise, UN warns

Youth unemployment is set to rise around the world, creating a "generation at risk" that faces lower earnings and job prospects years into the future, the United Nations' labour office warns. An estimated 73.4 million people between the ages of 15 and...

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Enbridge looks to increase U.S. pipeline capacity

Enbridge is seeking U.S. approval to pump more crude through an Alberta-to-Wisconsin pipeline — a process the company expects to be easier than the one TransCanada is facing with its Keystone XL pipeline. "I think I'd point out that this is a little...

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Missing B.C. man kept secret offshore accounts

A B.C. man who vanished a decade ago in a possible underworld killing set up offshore companies and bank accounts before he went missing, and is among the 450 Canadians named in the recent massive leak of tax-haven data. Greg Cyr's ex-wife is now...

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Canadian Tire to spin off real estate holdings into investment trust

Canadian Tire Corp. Ltd. announced Thursday that it will create a $3.5-billion real estate investment trust to unlock the value of its property holdings, with an initial public offering expected later this year. The move follows on the heels of a similar...

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New home prices edge higher

A key index of new home prices edged up by 0.1 per cent in the month of March, largely on the strength of the booming Calgary real estate market, Statistics Canada said Thursday. New house prices rose 0.3 per cent in Calgary from February's level, making...

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Rogers seeks order that Bell sell Movie Network if Astral takeover is allowed

Bell should be forced to sell Astral's Movie Network pay TV service if the CRTC is going to allow the $3.4-billion revised merger of the two companies to go ahead, Rogers Communications Inc. said Tuesday. However, Rogers also told the CRTC hearing reviewing...

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Dow closes at record high above 15,000

The Dow Jones industrial average closed above 15,000 for the first time ever on Tuesday as the world's best known stock market measure extended its recent rally. The Dow closed at 15,056.20, up 87.31 points on the day. The Dow first crossed the 15,000...

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Harper says foreign worker program is being fixed

The government has been acting on problems with the temporary foreign worker program for more than a year, Prime Minister Stephen Harper said Tuesday in response to opposition accusations the government was hiding information and denying that it wasn't...

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Tim Hortons profits drop; appoints new CEO

Tim Hortons Inc. (TSX:THI) has reported a slight contraction in net income in what was expected to be a "soft" first quarter as the iconic coffee and doughnut chain announced the appointment of a new president and CEO. Marc Caira, a longtime senior...

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Housing construction slows in April, but no crash yet

Canada's once-sizzling housing market continues to fall back to more sustainable levels, but as yet is managing to avoid the earmarks of a damaging crash that would spill over into the general economy. The latest data on housing starts from Canada Mortgage...

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Bell CEO says takeover of Astral good for Canadians

Consumers will get more content and Bell will play fair with its competitors, the media company promised as it made a revised sales pitch to the CRTC seeking approval for its $3.38 billion takeover of Astral Media that was turned down last year. George...

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Wal-Mart regains top spot on Fortune 500 list

Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The Bentonville, Ark., company's revenue...

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Microsoft changing Windows 8 to address 'learning curve'

Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for deepening a slump in personal computer sales. The tune up announced Tuesday won't be released to consumers and businesses...

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WestJet reports "best ever" earnings in Q1

WestJet is reporting its "best ever" quarterly earnings, while also announcing deal to sell 10 of its oldest jets and replace them with 10 newer ones. The Calgary-based airline says its first-quarter net income rose 33.3 per cent to $91.1 million or...

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Consumer advocacy group speaks out on Bell-Astral merger

A consumer advocacy group is asking the CRTC to turn down the Bell-Astral merger for a second time, saying a bigger Bell won't be better for competition or choice. The Public Interest Advocacy Centre says there would be more Bell content and services...

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Nurses, IT analysts among top 10 fastest-growing temp jobs

Despite Canada's bleak employment numbers in recent years, there has been an increase in jobs such as nursing, banking and landscaping — as long as you're a temporary worker. Job search site CareerBuilder.com released a list Friday of the top 10 fastest-growing...

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Building permits jump 8.6% in March

Statistics Canada says municipalities issued $6.5 billion worth of building permits in March, up 8.6 per cent from February. The federal agency says March provided the third consecutive monthly advance, which came mostly from the non-residential sector...

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U.S. stocks hit record highs on strong jobs report

America's two largest benchmark stock indexes each hit all-time highs on Friday after new data emerged showing the U.S. economy cranked out 165,000 new jobs last month. The Commerce Department reported Friday that America's jobless rate dropped to 7.5...

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Cheap American flights threaten Canadian airport business

The promise of cheaper flights is driving many Canadians across the border to U.S. airports — costing millions of dollars in lost revenue in Canada — but the federal government says it won't subsidize air travel. The trend of more Canadians flying out...

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Bell must justify Astral takeover, CRTC says

Bell is making the case for its proposed takeover of Astral Media a second time as a new round of public hearings begin today. CRTC Chair Jean-Pierre Blais says Bell must prove that the deal is in the public interest, as well as in the interest of the...

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Nurses, IT analysts among top 10 fastest-growing temp jobs

Despite Canada's bleak employment numbers in recent years, there has been an increase in jobs such as nursing, banking and landscaping — as long as you're a temporary worker. Job search site CareerBuilder.com released a list Friday of the top 10 fastest-growing...

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U.S. stocks hit record highs on strong jobs report

America's two largest benchmark stock indexes each hit all-time highs on Friday after new data emerged showing the U.S. economy cranked out 165,000 new jobs last month. The Commerce Department reported Friday that America's jobless rate dropped to 7.5...

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Lululemon sued over corporate bonuses ahead of recall

A U.S. pension fund is suing Lululemon Athletica Inc. over its decision to increase potential bonuses for executives prior to announcing problems with a batch of pants that were too see-through. The lawsuit, which did not cite the damages sought, was...

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Cheap American flights threaten Canadian airport business

The promise of cheaper flights is driving many Canadians across the border to U.S. airports — costing millions of dollars in lost revenue in Canada — but the federal government says it won't subsidize air travel. The trend of more Canadians flying out...

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Caterpillar closing Toronto plant, 330 workers to lose jobs

Heavy equipment giant Caterpillar Inc. says it is closing a tunnel-boring machine factory in Toronto by mid-2014, throwing 330 workers out of a job. Caterpillar acquired the facility in 2008 when it bought Lovat Inc. and got into the tunnelling business,...

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Nurses, IT analysts among top 10 fastest-growing temp jobs

Despite Canada's bleak employment numbers in recent years, there has been an increase in jobs such as nursing, banking and landscaping — as long as you're a temporary worker. Job search site CareerBuilder.com released a list Friday of the top 10 fastest-growing...

22.39 | 0 komentar | Read More

U.S. stocks hit record highs on strong jobs report

America's two largest benchmark stock indexes each hit all-time highs on Friday after new data emerged showing the U.S. economy cranked out 165,000 new jobs last month. The Commerce Department reported Friday that America's jobless rate dropped to 7.5...

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Cheaper pizza for Canadians on the horizon

Pizza lovers could soon be paying less for their favourite pies. A ruling made this week by the Canadian Dairy Commission could soon allow Canadian restaurants to buy deeply discounted mozzarella cheese. The commission changed the rules used to classify...

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Lululemon sued over corporate bonuses ahead of recall

A U.S. pension fund is suing Lululemon Athletica Inc. over its decision to increase potential bonuses for executives prior to announcing problems with a batch of pants that were too see-through. The lawsuit, which did not cite the damages sought, was...

22.39 | 0 komentar | Read More

Cheap American flights threaten Canadian airport business

The promise of cheaper flights is driving many Canadians across the border to U.S. airports — costing millions of dollars in lost revenue in Canada — but the federal government says it won't subsidize air travel. The trend of more Canadians flying out...

22.39 | 0 komentar | Read More