Entries by Daniel Tencer from 01/2012

Iran Currency Plunge: 12 Per Cent Drop Not Linked To Latest Sanctions, Foreign Ministry Says

Posted 01.03.2012 | Canada Business

TEHRAN, Iran - Iran says the new record low of the national currency to the U.S. dollar is not linked to the latest sanctions from the United States t...

Canada Financial Security: CIBC Poll Shows 64 Per Cent Optimistic About Their Finances

Posted 01.03.2012 | Canada Business

TORONTO - A new CIBC poll shows 64 per cent of Canadians feel positive about their current financial situation, a finding the bank describes as strong...

Jim Balsillie, Mike Lazaridis, RIM's Co-CEOs, May Be Headed Out The Door As Pressure On BlackBerry Maker Mounts

Posted 01.03.2012 | Canada Business

UPDATE: Research In Motion stock jumped 6 per cent Thursday as investors took in reports the company is planning to shake up its top management. RIM s...

Steward: Income Gap Widest In The West

Posted 01.03.2012 | Canada Business

You don’t have to look far in either Calgary or Vancouver to see glaring signs of the widening gap between rich and poor. Women pushing shopping car...

Northern Gateway Pipeline: Energy Industry Could Lose $72 Billion Without Alberta-B.C. Link: Report

Posted 01.03.2012 | Canada Business

EDMONTON - A report commissioned by Alberta says oilsands producers could lose up to $72 billion if a pipeline isn't built to ship heavy crude to the ...

Goldman To Sell Alliance Atlantis Stake

Posted 01.03.2012 | Canada Business

Goldman Sachs plans to put its majority control of Canadian movie distributor Alliance Atlantis on the auction block, reports suggested Tuesday. Lo...

Philipp Hildebrand, Head Of Swiss Central Bank, Faces Allegations Of Insider Trading Over Dollar Swaps

Posted 01.04.2012 | Canada Business

GENEVA - A Swiss political weekly says Switzerland's central bank chief personally engaged in profitable currency deals previously thought to have bee...

RIM Chops All PlayBook Prices To $299

Posted 01.04.2012 | Canada Business

Research In Motion Ltd. has extended an ongoing sale of its PlayBook tablet computers until Feb. 4, 2012, while reducing the price in the United State...

Flaherty's Corporate-Tax Plan Hits Stumbling Block In Ontario

Posted 01.04.2012 | Canada Business

Finance Minister Jim Flaherty’s long-term goal of marketing Canada as a 25-per-cent corporate tax zone appears to be slipping away just as he approa...

Aakash, $47 Tablet PC Made By Canadian Entrepreneurs, Sells 1.4 Million Units In 2 Weeks

Posted 01.04.2012 | Canada Business

With a weak processor, limited apps and a first version that doesn't even have the ability to connect to the cellphone network, the Aakash is hardly a...

Why You Can't Find Heritage Poultry

Posted 01.04.2012 | Canada Business

Quota is a legal requirement for marketing chickens, turkey, eggs or cow milk in Canada. Without it, the simple bucolic act of selling a block of farm...

New Internet Pricing Rules Spark Jump In Customer Bills

Posted 01.04.2012 | Canada Business

TekSavvy Solutions Inc. has become the first independent Internet service provider to raise consumer prices following the CRTC’s recent compromise d...

Economic Club Of Canada Survey Says Canadians Increasingly Worried About Economy

Posted 01.05.2012 | Canada Business

TORONTO - A growing number of Canadians are more worried about the future of the economy, and how they'll fare in the midst of what many consider a mi...

New Democrats Attack Tories' ‘Republican-Style' Assault On Unions

Posted 01.05.2012 | Canada Business

New Democrats are gearing up to take on Prime Minister Stephen Harper over what they’re calling a “Republican style” attack on wages and benefit...

Volcker Rule: Canada's Financial Industry Hints At Challenge To U.S. Bank Reform Under NAFTA

Posted 01.05.2012 | Canada Business

In the wake of the U.S. financial collapse in 2008, Canadian banks -- which were largely spared the devastation in the U.S. -- were lauded as an examp...

Target Confirms First 24 Canadian Store Openings

Posted 01.05.2012 | Canada Business

Target Corp. has announced the locations of its first 24 store openings in Canada in March and early April of 2013....

Target Sites First 24 Canadian Stores In Ontario

Posted 01.05.2012 | Canada Business

Minneapolis-based Target Corporation announced Thursday that the locations of the first 24 stores it will open in Canada will all be in Ontario. Ta...

Canada Unemployment Rate Inches Up To 7.5 Per Cent Despite Modest Growth In Jobs

Posted 01.06.2012 | Canada Business

OTTAWA - Job creation in Canada resumed again last month after two straight setbacks, but details in the latest labour report pointed to an economy st...

WestJet And Porter End Year With Record Passengers

Posted 01.06.2012 | Canada Business

Two of Canada's largest airlines ended 2011 seemingly untouched by global economic concerns as they brace for a slow domestic economy recovery and hig...

Ontario Tobacco Lawsuit: Court Rules $50 Billion Litigation Can Proceed

Posted 01.06.2012 | Canada Business

TORONTO - The Ontario government has scored a victory in its ongoing battle to recoup $50 billion in health-care costs from tobacco companies.The prov...

How Canada's AAA Credit Rating Hurts Workers

Posted 01.06.2012 | Canada Business

It may not always feel like it in the real economy (more evidence came out Friday showing Canada's employment picture is far from rosy) b...

Canada Coal Regulations: Ontario Slams Kent Over Report Of Backtracking On Coal Emissions

Posted 01.06.2012 | Canada Business

TORONTO - Ontario is warning the federal Conservatives not to retreat from plans to create national regulations governing coal-fired power plants.Such...

Northern Gateway Pipeline Hearings Will Be 'Hijacked' By Foreign Interests, Harper Fears

Posted 01.06.2012 | Canada Business

EDMONTON - Prime Minister Stephen Harper says he's listening to concerns that hearings for the Northern Gateway pipeline will be "hijacked" by foreign...

Volkswagen 2011 Sales Top 8 Million, Putting Carmaker Ahead Of Toyota

Posted 01.09.2012 | Canada Business

BERLIN - German automaker Volkswagen AG says it saw sales of more than 8 million vehicles last year, putting it ahead of Japan's Toyota Motor Corp.Ger...

Northern Gateway Pipeline Hearings To Start As Tories Slam 'Radical Groups', Plan Looser Enviro Rules

Posted 01.09.2012 | Canada Business

UPDATE: Citing the influence of "radical groups" seeking to stop oil pipeline construction, the Harper government is planning to shorten environmental...