Entries by Daniel Tencer from 07/2012

House Of The Week: Splendid Isolation Next To Downtown Kelowna

Posted 07.01.2012 | Canada Business

Kelowna may be an isolated small city in British Columbia’s interior, but it has real estate prices that compare to some of Canada’s biggest citie...

The 'Manhattanization' Of Toronto Will Change Family-Housing Dreams

Posted 07.03.2012 | Canada Business

The housing dreams of families wanting to live in central Toronto will undergo a sea change in the coming decade as the supply of detached homes dwind...

RIM Going Out Of Business? CEO Thorsten Heins Challenges Perception BlackBerry Maker Is In 'Death Spiral'

Posted 07.03.2012 | Canada Business

TORONTO - Research In Motion chief executive Thorsten Heins was on the defensive Tuesday insisting "there's nothing wrong with the company as it exist...

Banks Warn Ottawa Over Lending Rules

Posted 07.03.2012 | Canada Business

The federal government’s efforts to cool the overheated housing market are raising concerns among Canada’s biggest banks that the changes might hi...

Target's Hiring Poised To Roil Domestic Retail

Posted 07.03.2012 | Canada Business

Target Corp. and Wal-Mart Stores Inc. plan to hire tens of thousands of workers in Canada over the next two years, increasing pressure on domestic ret...

RIM Taiwan Video: Decline Of BlackBerry Maker Illustrated With Drug Turf War Metaphor

Posted 07.03.2012 | Canada Business

If Taiwan’s NMA animation studio is to be believed, RIM’s “CrackBerry” died a brutal death at the hands of Apple co-founder Steve Jobs, who go...

Global Innovation Index 2012: Canada Drops Out Of Top 10

Posted 07.03.2012 | Canada Business

Canada is no longer one of the world’s top 10 most innovative economies, according to the latest Global Innovation Index (GII). The country fell ...

Calgary Stampede 2012: Vancouver Humane Society Pleased Bell Not Sponsoring Rodeo

Posted 07.03.2012 | Canada Business

CALGARY - Telecommunication giant Bell Canada is not sponsoring any rodeo events at the Calgary Stampede this year and an animal welfare group says it...

Barclays LIBOR Scandal Reaches Into U.K. Government As Ex-CEO Prepares To Testify

Posted 07.04.2012 | Canada Business

LONDON - The former boss of Barclays, who lost his job over a financial market-fixing scandal, said Wednesday that a Bank of England official had not ...

Thousands Could Lose Internet Access July 9 Due To Virus

Posted 07.04.2012 | Canada Business

On July 9, thousands of Canadians and hundreds of thousands of people worldwide could be without access to the internet after the FBI shuts down tempo...

RIM Faces New Threat In Push To Cut Carrier Fee

Posted 07.04.2012 | Canada Business

Research In Motion Ltd., the BlackBerry maker, whose stock has dropped 95% since 2008, is under pressure from mobile phone companies to reduce carrier...

Nicolas Sarkozy In Canada: Paul Desmarais Hosts French Ex-President As Paris Offices Raided

Posted 07.04.2012 | Canada

French police on Tuesday raided the home and offices of Nicolas Sarkozy, but the recently defeated president of France was nowhere to be seen. Tha...

New Economist Cities Index: Toronto Highest-Ranked North American City, Vancouver Doesn't Place

Posted 07.04.2012 | Canada Business

Toronto is the eighth-best city in the world in which to live, according to an alternative ranking from The Economist -- and Vancouver is conspicuousl...

Vancouver Home Sales Drop 17 Per Cent In 1 Month, Hit 10-Year Low

Posted 07.04.2012 | Canada Business

VANCOUVER -- Vancouver home sales fell 17.2 per cent from May to June and hit their lowest level in more than a decade, the city's real estate board s...

Enbridge Has A Best Friend In Ottawa

Posted 07.04.2012 | Canada Business

Enbridge now occupies ground zero in the raging debate over Alberta’s vast oil sands. The company’s proposed $5.5-billion Northern Gateway project...

Canada-Japan Free Trade Talks Open In Ottawa

Posted 07.04.2012 | Canada Business

OTTAWA -- Canada and Japan are taking initial step toward free trade negotiations with the first formal meeting of senior officials since the March de...

Volkswagen-Porsche Merger: Shares Of VW Soar After Announcing Completion Of Porsche Integration

Posted 07.05.2012 | Canada Business

BERLIN - Shares in Volkswagen AG soared higher on Thursday after Europe's biggest automaker announced a deal to complete the takeover of sports car ma...

European Central Bank, China, Bank Of England Take Steps To Stimulate Flagging Economies

Posted 07.05.2012 | Canada Business

FRANKFURT - The European Central Bank cut its benchmark interest rate to a record low Thursday to spark economic growth but gave little sign it would ...

Canada Jobs Survey Finds Fewer Employers Planning To Hire

Posted 07.05.2012 | Canada Business

TORONTO -- A new survey suggests fewer Canadian employers expect to add more permanent full-time jobs in the second half of 2012 than they did in last...

Toronto Housing Sales See 13-Per-Cent Drop But Prices Keep Rising

Posted 07.05.2012 | Canada Business

TORONTO - Home sales in two of Canada's hottest housing markets, Toronto and Vancouver, are showing signs of a cooling trend in what could be the begi...

Tim Hortons Wi-Fi Not Likely To Relieve Canadians' Double-Double Addiction

Posted 07.05.2012 | Canada Business

TORONTO - Double-double addicts will soon have another reason to stop into one of the thousands of Tim Hortons (TSX:THI) outlets across the country.Th...

China Oil Sands Investment: Confusing Rules Scaring Away Big Money, Report Says

Posted 07.05.2012 | Canada Business

OTTAWA - Canada is missing out on billions of investments from cash-rich China because of Ottawa's confusing foreign takeover rules, says a report fro...

World's Economic Centre Of Gravity Shifting Back To Asia At Unbelievable Speed: McKinsey Institute

Posted 07.05.2012 | Canada Business

It took a thousand years for the world’s economic centre of gravity to shift from Asia to Europe. It will take only a few decades for it to shif...

Denmark Sets A Negative Rate For First Time

Posted 07.05.2012 | Canada Business

Denmark's central bank cut interest rates by a quarter point on Thursday, mirroring the European Central Bank's action earlier in the day, putting one...

Rural Phone Competition Soon To Be A Reality As Tories OK CRTC Ruling

Posted 07.05.2012 | Canada Business

OTTAWA - Prime Minister Stephen Harper's cabinet has upheld a CRTC ruling that allows big telephone companies to compete against smaller ones in cotta...