Conference Board help wanted index up, expects modest job growth in near term
OTTAWA – The Conference Board of Canada suggested Monday that job growth should be “just modest” in the near term based on the latest read of its help wanted index.
Read more...Canadian housing sales to rise a slight 0.3 per cent in 2012: CREA
OTTAWA – Canada’s largest real estate association says the number of home sales will increase slightly this year, driven by low interest rates.
Read more...Enbridge pipeline shut down after Illinois car crash won’t restart until Thursday
NEW LENOX, Ill. – Enbridge Inc., (TSX:ENB) has shut down a pipeline that carries oil from Canada to the U.S. after two vehicles crashed through a fence outside Chicago and struck the pipeline, causing a fiery explosion.
Read more...Enbridge shuts down pipeline after cars crash in Illinois causing explosion
NEW LENOX, Ill. – Enbridge Inc., (TSX:ENB) has reportedly shut down a pipeline carrying oil from Canada to the U.S. after two vehicles crashed through a fence outside Chicago and struck the pipeline, causing a fiery explosion.
Read more...StumbleUpon, founded in a Calgary dorm, grows into social media big leagues
TORONTO – StumbleUpon may not have the same household-name cachet as Air Canada, Canadian Tire, Costco or Sears, but online, the Canadian-born social media site trumps them all.
Read more...Sears Canada closes stores in three cities, but moves no death knell, says CEO
TORONTO – The closure of three high-profile Sears Canada Inc. (TSX:SCC) department stores in Vancouver, Calgary and Ottawa should not be interpreted as a death knell for the struggling retailer, its president and CEO says.
Read more...National Bank posts strong home mortgage growth, helped by working with brokers
MONTREAL – National Bank of Canada has been growing its home mortgages business with the help of more specialists and by working with brokers, but it hasn’t lowered its underwriting standards to achieve the growth, the bank said Friday.
Read more...Despite slower 4th quarter growth, analysts see plenty to cheer in GDP report
OTTAWA – Canada’s economy showed signs of revival at the end of last year, a welcome signal that the fall stall may have been a temporary setback in a slow-moving recovery.
Read more...National Bank posts strong home mortgage growth as part of Q1 $332M profit
MONTREAL – National Bank of Canada has been increasing its home mortgages business with the help of more specialists and by working with brokers, but it hasn’t lowered its underwriting standards to achieve the growth, the bank said Friday.
Read more...Economy grew at slower pace in fourth quarter, Statistics Canada says
OTTAWA – Statistics Canada says the pace of economic growth slowed to 0.4 per cent in the fourth quarter of 2011 after a third-quarter increase of 1.0 per cent.
Read more...Sears Canada to close three stores in major cities, sell back leases
TORONTO – Sears Canada Inc. (TSX:SCC) plans to close three of its department stores in major Canadian cities, selling back the leases to the landlord for $170 million.
Read more...Cameco to buy Millennium Project stake for $150M, become majority holder
SASKATOON – Cameco (TSX:CCO) says it has entered into an agreement with AREVA Resources Canada Inc. to acquire the company’s stake in the northern Saskatchewan-based Millennium project for $150 million.
Read more...B.C. mining company sues environmental advocacy group for defamation
VANCOUVER – The company behind a controversial mining proposal in British Columbia has filed a lawsuit against one of its critics, alleging an environmental group has made inaccurate and defamatory comments that threaten to mislead the public.
Read more...Bell and CRTC settle differences over offering NFL games to smartphone customers
TORONTO – Bell Media is saying little about a report that Canada’s broadcast regulator has dropped its case against Bell Mobility’s exclusive content deal with the National Football League.
Read more...Calian Technologies buys health clinic operator Primacy Management
OTTAWA – Technology consulting firm Calian Technologies Ltd. (TSX:CTY) said Thursday that it has acquired Primacy Management Inc., a company that operates 112 health clinics in Loblaws (TSX:L) stores across Canada.
Read more...Finley hints phase-in for OAS reform will be much longer than a decade
OTTAWA – Human Resources Minister Diane Finley is suggesting there’s no need for Canada to ratchet up the retirement age within the space of 10 years.
Read more...Barack Obama, Mitt Romney sing praises of Canada’s controversial Keystone XL
WASHINGTON – TransCanada’s Keystone XL pipeline was front and centre on the American political stage on Thursday as both U.S. President Barack Obama and Republican presidential hopeful Mitt Romney extolled the virtues of the Canadian project.
Read more...Commuter newspaper Metro Canada expands to six new cities across the country
TORONTO – Daily commuter newspaper chain Metro Canada is expanding into six new cities as of April 2.
Read more...Chrysler Canada claims top spot for February vehicle sales, GM sales up.
TORONTO – Chrysler Canada claimed the top spot as the best selling automaker in the country for the second consecutive month at the top of the heap.
Read more...Canada’s oilsands producers team up to share know-how on environment
CALGARY – A group of Canada’s oilsands producers, including some of the industry’s biggest names, said Thursday they can improve environmental performance with an alliance that will allow them to share their knowledge and resources.
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