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March spike pushes federal government's full-year deficit to $23.5 billion

CP   |  The Canadian Press   |   May 25, 2012

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OTTAWA - The federal government has recorded a $9-billion shortfall in March, taking its budgetary deficit for the just completed fiscal year to $23.5 billion.That's...

Canadian Consumer Confidence Sees Big Surge In May

CP   |   May 25, 2012

Read More: Conference Board Of Canada, Consumer Confidence, Canada Consumer Confidence, Canadian Consumer Confidence, Conference Board Consumer Confidence, Consumer Confidence Canada, Consumer Confidence May 2012, Photo Galleries
OTTAWA -- Consumer confidence is surging across the country, according to the latest survey by the Conference Board of Canada. The Ottawa-based think-tank said Friday...

Canada Foreign Takeovers: Tories To Introduce Higher Threshold For Reviewing Buyouts

CP   |  The Canadian Press   |   May 25, 2012

Read More: BHP Billiton, Canada Foreign Investment, Canada Foreign Investment Rules, Canada Foreign Takeover Rules, Canada Foreign Takeovers, Christian Paradis, Foreign Investment Canada, Foreign Takeovers Canada, Industry Minister Christian Paradis
OTTAWA - Industry Minister Christian Paradis is offering more detail on the changes to the way Ottawa will review large foreign takeovers in the country.The...

EI Rules Will Hurt Primary Trades, Says P.E.I. Premier

CBC   |   May 25, 2012

Read More: EI Reform, Robert Ghiz, Canada EI Reform, Canada Ei Rules, Canada Employment Insurance, Employment Insurance, Employment Insurance Canada, Employment Insurance Pei, Employment Insurance Reform, New Ei Rules
While reaction continues to brew over Thursday's announcement about changes to the Employment Insurance program, P.E.I. Premier Robert Ghiz said provincial officials will be...

Number of people in pension plans rose slightly in 2010: StatsCan

CP   |  The Canadian Press   |   May 25, 2012

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OTTAWA - Statistics Canada says the number of people enrolled in registered pension plans rose 0.7 per cent in 2010 to 6,065,750, or less than...

Canadian dollar moves lower for eighth session, commodity prices mixed

CP   |  The Canadian Press   |   May 25, 2012

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TORONTO - The Canadian dollar was little changed Friday amid mixed commodity prices and a lack of market moving news from the eurozone.The loonie shed...

Bank stocks push TSX lower, market heads for 4th weekly loss on eurozone worries

CP   |  Malcolm Morrison, The Canadian Press   |   May 25, 2012

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TORONTO - Financial stocks led the Toronto stock market to a modest loss Friday morning with buyers inclined to be cautious going into the weekend...

EU challenges Argentina's trade restrictions at WTO; Repsol indicative of overall climate

CP   |  Raf Casert, The Associated Press   |   May 25, 2012

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BRUSSELS - The European Union on Friday started legal proceedings at the World Trade Organization against Argentina, claiming the South American country stifles imports to...

Moody's downgrades long-term debt rating of 3 Swedish bank groups

CP   |  The Associated Press   |   May 25, 2012

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STOCKHOLM - The ratings agency Moody's has downgraded three Swedish banks due to their exposure to the increasingly troubled European economy and diminished profitability in...

Spanish regulator suspends trading of Bankia shares before meeting on state aid requirements

CP   |  Ciaran Giles, The Associated Press   |   May 25, 2012

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MADRID - The board of bailed-out Spanish lender Bankia will hold a meeting on Friday to decide how much more rescue money it needs from...

Thomas Mulcair Poll: Dutch Disease Comments Splits Provinces On Energy Policy

CP   |  Steve Rennie, The Canadian Press   |   May 25, 2012

Read More: Dutch Disease Poll, Harris-Decima Poll, Mulcair Alberta Poll, Mulcair British Columbia Poll, Mulcair Ontario Poll, Mulcair Energy Poll, Mulcair Oil Poll, Mulcair Oilsand Poll, Thomas Mulcair Poll
OTTAWA - A new poll suggests Canadians are roughly split over NDP Leader Tom Mulcair's contention that the Alberta oilsands have given the country a...

Survey shows German consumer confidence remains steady despite financial crisis

CP   |  The Associated Press   |   May 25, 2012

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BERLIN - A study shows German consumers remain cautiously confident in Europe's largest economy despite uncertainty in the wider 17-nation eurozone.The GfK institute's forward-looking survey...

Royal Caribbean sending 2 cruise liners to China, says they will be Asia's largest

CP   |  The Associated Press   |   May 25, 2012

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BEIJING, China - Royal Caribbean Cruises is sending what it says will be Asia's two biggest cruise liners to serve China's growing tourism market.Royal Caribbean...

The New Yorker magazine to serialize author Jennifer Egan's short story on Twitter

CP   |  The Associated Press   |   May 24, 2012

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NEW YORK, N.Y. - Pulitzer Prize-winning author Jennifer Egan's latest New Yorker magazine story is being serialized on Twitter.Egan's spy thriller, "Black Box," is being...

UN climate talks deadlocked in Bonn as divisions between rich and poor nations reopen

CP   |  Karl Ritter, The Associated Press   |   May 24, 2012

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BONN, Germany - U.N. climate talks ran into gridlock Thursday as a widening rift between rich and poor countries risked undoing some advances made last...
All posts from 05.25.2012 < 05.24.2012