Daniel Tencer

Entries by Daniel Tencer

Canadian Night-Vision Goggles Allegedly In Hands Of Iraqi Rebels Were Sold To Government: CEO

(6) Comments | Posted July 30, 2014 | 7:02 AM

A Canadian manufacturer of night-vision goggles that reportedly ended up in the hands of Islamist rebels says the technology was initially sold to the Iraqi government.

Peter Biro, CEO of Toronto-based Newcon Optik, said the night-vision goggles that appeared in tweets purportedly from a jihadist fighter in Iraq...

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Germany Bets On BlackBerry To Beat The NSA

(19) Comments | Posted July 29, 2014 | 11:43 AM

NSA spying may be a hot topic of conversation in North America, but in Germany it’s a top-shelf political issue, one on which policies are based.

The country was scandalized by last year’s revelations from the Snowden leaks that Chancellor Angela Merkel had allegedly had her cellphone tapped...

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Target Canada To Price-Match Any Grocery Deal In The Country: Report

(15) Comments | Posted July 28, 2014 | 3:36 PM

Some analysts are telling Target to leave Canada, but the company isn’t listening. Instead, it’s doubling down on its push into Canadian retail with a price-matching guarantee.

Starting July 29, the retailer will match any grocery price in the country, the CBC reports.

Shoppers will be able to...

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Canada Rises To 8th On UN Development Index, Still Behind U.S.

(10) Comments | Posted July 28, 2014 | 12:28 PM

Canada has climbed back into the top 10 among the UN’s Human Development Index.

The latest edition of the annual ranking sees Canada climbing to eighth place, behind New Zealand and ahead of Singapore (see slideshow below). It had ranked 11th last year.

And in what...

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EI Payments Down, Unemployment Up: What's Going On Here?

(51) Comments | Posted July 24, 2014 | 4:23 PM

Some taxpayers’ groups say Canada’s employment insurance system is turning into little more than a cash cow for the federal government, a tax disguised as an insurance premium.

The latest data on EI and unemployment likely won’t assuage their concerns.

The number of people receiving EI benefits in May

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Richest Canadians Get Way Better Deals On Housing Than The Rest Of Us

(1) Comments | Posted July 24, 2014 | 8:39 AM

Canadian Business released its latest ranking of Canada’s wealthiest neighbourhoods this week, complete with average income and average house prices.

We decided to take advantage of this data to compare how house prices stack up to incomes among Canada’s wealthiest. And it looks like Canada’s richest people spend...

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Requests For Telecom Subscriber Data Average 1.13 Million Per Year, Docs Show

(1) Comments | Posted July 24, 2014 | 8:16 AM

Canadian government officials requested subscriber information from telecoms at least 1.13 million times per year between 2006 and 2008, according to documents obtained by e-commerce law expert Michael Geist.

The numbers, released to Geist by Public Safety Canada, almost exactly mirror estimates from an earlier release of government...

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Alberta To Have 2nd-Largest Economy In Canada In 3 Years: Bloomberg

(24) Comments | Posted July 23, 2014 | 11:09 AM

If trends continue, Alberta will have a larger economy than Quebec within three years, according to estimates from financial news service Bloomberg.

That’s despite the fact Quebec’s population is twice that of Alberta’s — 8.1 million compared to 4 million.

It’s the latest sign of what...

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NHL Sustainability Report Warns Of Climate Change's Impact On Hockey

(5) Comments | Posted July 22, 2014 | 4:38 PM

The National Hockey League has issued what it calls the first sustainability report ever released by a North American major sports league, and the report warns climate change could affect the future of hockey.

Our sport can trace its roots to frozen freshwater ponds, to cold climates,” NHL...

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Canada's Real Wealth Gap Is Old Versus Young, And The Young Can't Keep Up

(11) Comments | Posted July 21, 2014 | 3:33 PM

The boom in stocks, bonds and the housing market over the past 30 years has made Canadian seniors far richer than they have ever been, but younger generations aren’t sharing in that wealth to nearly the same extent, a new report from BMO says.

It’s a given that older workers...

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What An Average Canadian House Will Buy You Around The World

(5) Comments | Posted July 21, 2014 | 12:40 PM

The average house price in Canada hit $413,000 in June, an all-time record and a 7-per-cent jump from a year earlier. The average home in Canada today is worth $100,000 more than it was just five years ago. Little wonder many experts are wondering whether there is a correction in...

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Bacon Prices Soar, Again, In June: StatsCan

(24) Comments | Posted July 19, 2014 | 11:39 AM

Bacon prices in Canada are nearly 27 per cent higher today than they were a year ago, as a crisis in the industry continues to push costs into the stratosphere.

Bloomberg reporter and former Bank of Canada economist Ilan Kolet tweeted the chart below, showing bacon prices surging by 5.8...

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Eli Lilly Trying To Create 'Supranational Court' With Lawsuit Against Canada, Feds Say

(39) Comments | Posted July 18, 2014 | 8:47 AM

The federal government has accused a U.S. pharmaceutical giant of trying to turn the North American Free Trade Agreement’s arbitration panel into a “supranational court of appeal.”

Indiana-based Eli Lilly last fall went to the NAFTA arbitration panel and filed a lawsuit for $500 million against the Canadian...

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Rogers: Warrant Needed From Now On For Subscriber Data

(27) Comments | Posted July 16, 2014 | 1:20 PM

Rogers Communications says from now on it will require police to get a warrant before it hands over subscriber data.

“After hearing feedback from our customers and reviewing the Supreme Court ruling from last month, we’ve decided that from now on we will require a court order/warrant to provide basic...

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TransCanada 'Gag Order' Preventing Mattawa From Talking About Pipeline Rejected

(7) Comments | Posted July 15, 2014 | 2:46 PM

Under fire from environmental activists, a northern Ontario town has vowed to remove a contract clause that would have prevented it from publicly discussing pipeline builder TransCanada.

The town of Mattawa last month agreed to “not publicly comment on TransCanada’s operations or business projects” as part of a...

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Canadian Imports Of U.S. Oil Double In A Year, Posing New Challenge To Oilsands

(67) Comments | Posted July 15, 2014 | 10:23 AM

Canadian energy producers are increasingly finding themselves in competition with the market to which they primarily export: the United States.

Oil exports to Canada doubled in just the past year, according to data from the U.S. Energy Information Administration.

Canada imported some 263,000 barrels of crude oil per...

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Ontario's Job Market Is Beginning To Look Like A Disaster

(114) Comments | Posted July 13, 2014 | 10:37 AM

The foundations of Ontario’s job market are turning into quicksand that threatens to swallow the province’s economic future — and despite all the heated political rhetoric out there, at least one prominent economist believes the problem may not have a policy solution.

Ontario passed a grim historic milestone last month:...

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CSEC Staff Levels Hit Record High, As Other Agencies Suffer Through Austerity

(117) Comments | Posted July 10, 2014 | 4:48 PM

The Harper government is working to slash the size of the public service, but at least one agency is exempt from the austerity push.

Staff levels at Canada’s electronic spy agency hit a record high last month, according to national security blog Lux Ex Umbra.

There were

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TPP Talks In Ottawa: Brunei's Brutal Sharia Law Raises Questions About Future Of Trade Deals

(116) Comments | Posted July 10, 2014 | 1:17 PM

Ottawa is host this week to the latest round of negotiations on the Trans-Pacific Partnership, a proposed 12-country trading bloc that would include Pacific Rim countries such as Japan and the U.S., and would form the world’s largest free trade area, covering nearly 800 million people.

While Canadian...

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Average Canadian Inheritance Nearly $100,000: BMO

(19) Comments | Posted July 9, 2014 | 8:44 AM

The average inheritance in Canada today is just under $100,000, according to a new survey from BMO, and some two-thirds of Canadians anticipate they will get one.

That’s good news for baby boomers, many of whom are entering their senior years with far too little saved...

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