Pointe-Claire company behind PCBs will 'fully co-operate'

The company accused of storing PCB-laden oil on its Pointe-Claire property says it is willing to submit an action plan for the removal of the chemicals and comply with the Quebec government's demands. Environment Minister Yves-François Blanchet, said...

22.40 | 0 komentar | Read More

Ottawa turns a $158M surplus in June, but cites timing

The federal government says it posted a small budgetary surplus of $158 million in June, a far stronger fiscal result than last June's $1 billion deficit. But the Finance Department took care to caution Canadians that the rare black ink does not signal...

22.40 | 0 komentar | Read More

Older iPhones can now be traded in at Apple stores in U.S.

Excited about the new iPhone expected to be unveiled Sept. 10? Apple will now join others in allowing you to trade in your old model. The company said starting Friday that it would give customers credit for functioning older models at Apple stores in...

22.40 | 0 komentar | Read More

United Steelworkers, Telecom Workers unions to merge

The United Steelworkers and the Telecommunications Workers Union have reached a tentative agreement to merge. The unions announced Thursday that they will be following in the footsteps of two other large unions that joined forces earlier this summer....

22.40 | 0 komentar | Read More

40% of top-paid CEOs busted, bailed out or booted, study says

A new report from the Institute for Policy Studies points to a weak link between performance and pay among some of the highest-paid CEOs of American companies, and urges the U.S. government to push through laws that would bring chief executive pay under...

22.40 | 0 komentar | Read More

Vancouver airport strike 'chaos' averted

Related External Links YVR: Flight Information (Note:CBC does not endorse and is not responsible for the content of external links.) The strike that would have seen more than 300 workers at Vancouver International Airport walk off the job...

22.40 | 0 komentar | Read More

General Electric planning IPO for consumer-lending arm

General Electric Co. plans to spin off the U.S. consumer lending business of its finance arm with an initial public offering of stock that could come early next year, according to The Wall Street Journal. The newspaper also said Friday that the Fairfield,...

22.40 | 0 komentar | Read More

Laurentian Bank reports 6% drop in income in Q3

Laurentian Bank says its third-quarter net income fell six per cent as it booked higher costs from the integration of new businesses. The Quebec-based bank said its quarterly profits dropped to $28.3 million, or 91 cents per share, from $30 million,...

22.40 | 0 komentar | Read More

GDP, consumer spending grew in 2nd quarter

Canada's economy grew by 1.7 per cent in the second quarter of this year, and consumer spending was up almost one per cent in that period, according to the latest Statistics Canada figures released Friday. Real GDP growth, expressed as an annualized...

22.40 | 0 komentar | Read More

Canadians confident about finances but not jobs

Canadians were more confident about their finances in August than in July but less so about their job prospects, the Conference Board of Canada reported Friday. The board said its consumer confidence index rose 2.2 points to 84.7 in August. The index...

22.40 | 0 komentar | Read More

Company behind PCB contamination misses midnight deadline

The deadline has come and gone, and the City of Pointe Claire says it has not heard from the company that was storing PCBs illegally for the past 15 years. Reliance Power Equipment had until midnight to come up with a plan to remove the transformers...

22.40 | 0 komentar | Read More

U.S. grew 2.5% in 2nd quarter on stronger exports

The U.S. economy grew at a 2.5 per cent annual rate from April through June, much faster than previously estimated, the Commerce Department announced today. The U.S. also reported a decline in joblessness, with the number of people seeking U.S. unemployment...

22.40 | 0 komentar | Read More

WestJet orders 65 new Boeing 737 MAX jets

Calgary-based WestJet Airlines Ltd. has announced it will expand its fleet with the addition of 65 Boeing 737 MAX aircraft. The carrier announced Friday that it has signed a letter of intent to buy 40 737 MAX 8 and 25 737 MAX 7 aircraft, with delivery...

22.40 | 0 komentar | Read More

Salesforce confirms 200 more job cuts

Salesforce Marking Cloud has confirmed it is cutting another 200 jobs, after the social media monitoring company shed more than 100 jobs last fall. A Salesforce spokesperson said in an email statement the job losses follow a recent acquisition of another...

22.40 | 0 komentar | Read More

U.S. fast-food workers hold walkouts over low pay

U.S. fast-food customers in search of burgers on Thursday might run into striking workers instead. Organizers say thousands of fast-food workers were set to stage walkouts in dozens of cities, part of a push to get chains such as McDonald's, Taco Bell...

22.40 | 1 komentar | Read More

World markets down on Syria fears

The Toronto stock market was lower Tuesday, joining other global markets in pulling back amid worries about the possible ramifications of Western countries intervening in Syria's civil war. Selling pressure extended to most financials even as two of...

22.40 | 0 komentar | Read More

National Bank reports record income in 3rd quarter

National Bank is reporting what it calls record results for the third quarter with per share earnings that beat analyst estimates. The Montreal-based bank reported Wednesday that it earned $419 million, or $2.39 per diluted share, in net income in the...

22.40 | 0 komentar | Read More

Syria escalation pushes oil prices past $112 US

The price of oil ricocheted Wednesday as the U.S. edged closer to intervening in Syria's civil war, surging past $112 US a barrel before giving up most of those gains. U.S. Defence Secretary Chuck Hagel said Tuesday that American forces were ready to...

22.40 | 0 komentar | Read More

Bombardier negotiating $3.4B sale of Q400 planes to Russia

Bombardier has signed a preliminary agreement with a Russian state corporation for the purchase of as many as 100 Q400 NextGen aircraft in a deal that could be worth up to $3.39 billion US. The Montreal-based plane and train manufacturer says the deal...

22.40 | 0 komentar | Read More

Japan Fukushima plant's radioactive leak severity upgraded

Japan's nuclear regulator on Wednesday upgraded the rating of a leak of radiation-contaminated water from a tank at its tsunami-wrecked nuclear plant to a "serious incident" on an international scale, and it castigated the plant operator for failing...

22.40 | 0 komentar | Read More

BMO, Scotiabank report revenue bump in 3rd quarter

The Bank of Montreal has reported improved net earnings and revenue for the third quarter that beat analysts' expectations while Scotiabank has increased its quarterly dividend by two cents to 62 cents per share even as the bank reported a decline in...

22.40 | 0 komentar | Read More

Lifting of wireless foreign-ownership limits unlikely, experts say

The Fraser Institute's controversial proposal to open up Canada's wireless market by eliminating limits on foreign ownership will add a spark to the debate about competition in the sector but is unlikely to be put into practice, telecommunications analysts...

22.40 | 0 komentar | Read More

Owning a home becoming less affordable

Home ownership has become less affordable for the average Canadian, but that hasn't stopped many from jumping into what may already be an overpriced market, suggests a new report from the Royal Bank. Royal Bank says its housing affordability index reversed...

22.40 | 0 komentar | Read More

Australian surfwear maker Billabong reports $811M loss

Billabong International Ltd. reported a $811 million annual loss Tuesday that reflects a collapse in the value of the Australian company's once hot surf and street fashion brands. The company said it marked down the value of its assets by $867 million...

22.40 | 0 komentar | Read More

Budget 'mistake' more than doubles tax on credit unions

Related External Links Read the Deloitte report (Note:CBC does not endorse and is not responsible for the content of external links.) The NDP is calling on Finance Minister Jim Flaherty to acknowledge a mistake in last spring's federal...

22.40 | 0 komentar | Read More

Big banks' Q3 results expected to show impact of rising interest rates

Canada's biggest banks are expected to show resilience as they report third-quarter earnings this week in the face of higher interest rates that are pressuring the country's housing market. While the quarterly results are unlikely to shock the market...

22.40 | 0 komentar | Read More

Politics is the biggest obstacle on Canada-U.S. energy front

The strained relationship between Canada and the United States over energy policy is likely to get worse before it gets better, with a decision on Keystone XL likely to politically strain relations between the two countries regardless of whether U.S....

22.40 | 0 komentar | Read More

1st female member of New York Stock Exchange dies

Muriel "Mickie" Siebert, who started as a trainee on Wall Street and became the first woman to own a seat on the New York Stock Exchange, has died of complications of cancer at age 80. Siebert died Saturday at Memorial Sloan-Kettering Cancer Center...

22.40 | 0 komentar | Read More

Wireless foreign ownership limits should end, report says

If the federal government really wants healthy competition in the wireless market, it should just do away with the limits on foreign ownership and other regulations, a new report says. The analysis published Monday by the right-of-centre Fraser Institute...

22.40 | 0 komentar | Read More

Eurozone stocks fall on fears of political crisis in Italy

Italian stocks led eurozone shares lower on Monday as the risk of a new government crisis fuelled a selloff in companies exposed to Italian sovereign debt and posed risks to the country's still weak economy. Italy's FTSE MIB share index was down 1.6...

22.40 | 0 komentar | Read More

Canada's July inflation 1.3% as gas prices jump

Canadians are paying more for shelter and much more for gasoline than they did last year, putting the inflation rate for July at 1.3 per cent. The biggest increase was in the cost of gasoline, up 6.1 per cent from the previous year, with consumers in...

22.40 | 0 komentar | Read More

Nasdaq halt steps up pressure over electronic trading

The latest high-tech disruption in the financial markets increases the pressure on Nasdaq and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do occur. The three-hour trading outage on the Nasdaq stock...

22.40 | 0 komentar | Read More

Ontario aims to lower auto insurance 8% in coming year

Ontario says it plans to reduce car insurance rates by eight per cent in the coming year and 15 per cent in two years. Finance Minister Charles Sousa announced the timetable, which is unlikely to please either the insurance industry or the opposition,...

22.40 | 0 komentar | Read More

Maple Leaf shares soar after it sells rendering unit

Shares in Maple Leaf Foods Inc. soared more than eight per cent Friday after the company announced it was selling its Rothsay business unit to a Texas-based company. The Rothsay business operates six rendering plants and a biodiesel plant employing...

22.40 | 0 komentar | Read More

Microsoft CEO Steve Ballmer to retire within a year

Microsoft CEO Steve Ballmer, who took over the helm of the world's largest software company from founder Bill Gates, will retire within the next 12 months. Microsoft Corp. did not name a successor. The company said it is forming a search committee,...

22.40 | 0 komentar | Read More