Entries by Daniel Tencer from 09/2012

Back To School: Smartphone Sales In Canada Rival Holiday Season When Kids Head Back To Class

Posted 09.02.2012 | Canada Business

Students are hooking up more and more with wireless companies in the back-to-school season, making this period a key time for buying cellphones. N...

Inequality Rules

Posted 09.02.2012 | Canada Business

It's impossible for all firms to pay their CEOs above the median salary -- by definition, half of executives must be paid below the median. If the maj...

Why Does Canada Have A Strategic Maple Syrup Reserve?

Posted 09.02.2012 | Canada Business

On Friday, news broke that thieves had stolen stole $30 million dollars worth of Quebec's strategic maple syrup reserves. Yes, you read correctly. Muc...

U.S. Yogurt Maker Making Push Into Canada

Posted 09.04.2012 | Canada Business

A U.S. yogurt manufacturer's bid to enter the Canadian market has stirred up the local dairy industry and may even lead to changes to the way it deals...

McDonald's To Open First Vegetarian Outlets

Posted 09.04.2012 | Canada Business

McDonald’s Corp., the U.S.-based hamburger chain, is to open its first ever vegetarian-only outlets in two Indian pilgrimage centres as it seeks to ...

Valeant Pharmaceuticals Buys Medicis In $2.6-Billion Cash Deal

Posted 09.04.2012 | Canada Business

MONTREAL -- Valeant Pharmaceuticals International Inc. is buying dermatology products maker Medicis Pharmaceutical Corp. in a $2.6-billion cash deal a...

Shona Holmes, Canadian Woman Who Went For Treatment In U.S., Appears In Koch Brothers' Anti-Obama Ad

Posted 09.04.2012 | Canada Business

A Canadian woman who made waves three years ago with her criticism of her native country’s health care system is back at it, this time on behalf of ...

Valeant Medicis Buyout: Jonah Shacknai, Medicis CEO, Lost Son, Girlfriend Under Suspicious Circumstances

Posted 09.05.2012 | Canada Business

The announcement Tuesday that Montreal pharma firm Valeant is buying Arizona medical cosmetics company Medicis has brought back into the spotlight a t...

Shell Oil Sands Carbon Capture Project The First Of Its Kind In Canada

Posted 09.05.2012 | Canada Business

CALGARY - Royal Dutch Shell and its partners aim to be the first to capture and store carbon dioxide emissions from the oilsands — a project that re...

Employment Insurance Quebec: Diane Finley Won't Entertain Giving Up Federal Control Of EI

Posted 09.05.2012 | Canada Business

OTTAWA - The federal minister who will likely be the first to face any separatist pressure from Quebec's new government is already brushing aside noti...

Canadian Auto Workers Strike Could Hit All 3 Detroit Automakers At Once

Posted 09.05.2012 | Canada Business

TORONTO - Workers need to be ready to shut down the Canadian operations of the Big 3 Detroit automakers if a deal can't be reached at the bargaining t...

CAW Could Strike At All Three Detroit Automakers

Posted 09.05.2012 | Canada Business

The union that represents workers at the Detroit automakers in Canada said on Wednesday it could go on strike at all three companies for the first tim...

Government User Fees: Canada Rakes In $8 Billion In 2010-11, Double Previous Year

Posted 09.05.2012 | Canada Business

OTTAWA - The federal government has made much about its record in cutting taxes, but a new report shows it is making out like a bandit on user fees.Pa...

Global Competitiveness Rankings: Canada Slips Two Spots In World Economic Forum Report

Posted 09.05.2012 | Canada Business

OTTAWA - Canada has slipped two notches to 14th place in an annual ranking of global economic competitiveness by the World Economic Forum.While the su...

TIFF 2012: Target Canada Takes Over Toronto's Templar Hotel In Promotional Blitz

Posted 09.05.2012 | Canada Business

Target Canada won’t open its first store north of the border until the spring of next year, but the company has been making itself felt in the count...

Canada Household Savings: Situation Improving, But 47% Still Live Paycheque To Paycheque

Posted 09.06.2012 | Canada Business

OTTAWA - A new survey suggests fewer Canadians are living from paycheque to paycheque, and more are putting money aside for a rainy day or retirement....

Canada Housing Bubble: Prices Boomed In Second Quarter, But Warnings Accumulate

Posted 09.06.2012 | Canada Business

Whether Canada’s real estate market is among the strongest and most resilient in the world, or whether it is on the precipice of a major correction,...

Higher Fees, Borrowing Costs: Welcome To Booming Big Six Banking

Posted 09.06.2012 | Canada Business

Five of the big banks parlayed their strong results into dividend increases, which is good news for a wider swath of investors than you might imagine ...

BCE Swings Back At TV Audience Concentration Claims

Posted 09.06.2012 | Canada Business

BCE Inc. is refuting claims that a contentious acquisition of Astral Media Inc. would push combined market share toward levels that could jeopardize t...

Canadian Consumer Debt Poses Recession Risk, Moody's Analytics Report Says

Posted 09.06.2012 | Canada Business

TORONTO - There is more than a 20 per cent risk of Canada falling into a second recession — and though much of that risk comes from outside our bord...

WestJet, Porter Planes Fly At Fullest Level Ever

Posted 09.06.2012 | Canada Business

WestJet planes flew with the lowest percentage of empty seats in the airline's history last month, the Calgary-based airline said today. T...

Web Index 2012: Canada 4th In World For Internet Impact, But Loses Badly On Infrastructure

Posted 09.06.2012 | Canada Business

When it comes to taking full advantage of the opportunities the Web opens up, Canadians are world leaders, but the country is hobbled by substandard i...

Canada's New Mortgage Rules Will Shave 3 Per Cent Off House Prices: TD Bank

Posted 09.06.2012 | Canada Business

OTTAWA - TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates wil...

Saudi Arabia Oil Reserves: Citigroup Note Says Country May Be Oil Importer By 2030

Posted 09.06.2012 | Canada Business

It seems almost like a report from bizarro world, but a new research note from Citibank says Saudi Arabia risks becoming an oil importer within 20 yea...

Canada Unemployment Rate Unchanged As Economy Churns Out 34,000 New Jobs; Ontario Sees HUGE Decline

Posted 09.07.2012 | Canada Business

OTTAWA - Canada's economy hammered out a surprisingly healthy 34,300 new jobs last month, topping expectations of only modest gains and completely rev...