Pete Luckett sits down with CBC News to reflect on the road that led him from a little fruit-and-veg stall in England to Pete’s Frootique, a Nova Scotia institution.
Source:CBC | Business News http://ift.tt/1MyQ5...
samedi 31 octobre 2015
WHO report says processed meat causes cancer, confusion follows
Many news stories about a new WHO report classifying processed meat as a carcinogen and red meat as a probable carcinogen presented it as a report about risk. Here's how the journalists got confused.
Source:CBC | Business News http://ift.tt/1MyIO...
vendredi 30 octobre 2015
TransCanada whistleblower concerns resolved, says NEB
A whistleblower's concerns over TransCanada's pipeline safety practices have been resolved, according to results of a National Energy Board investigation.
Source:CBC | Business News http://ift.tt/1jXUk...
TSX plunges as Valeant, Husky tumble
Toronto’s main stock index fell by triple digits on Friday, weighed down by the problems of Valeant Pharmaceuticals and the oil sector.
Source:CBC | Business News http://ift.tt/1LH2T...
Fewer young Canadians working since 2008 recession, StatsCan finds
Fewer young Canadians are working, with teenaged students opting not to take part-time jobs and more Canadians aged 20 to 24 staying in school, Statistics Canada says.
Source:CBC | Business News http://ift.tt/1Hhah...
Arctic shipping route through Russia planned by Chinese company
China's largest shipping company has announced it will begin container voyages through Russia's Northeast Passage, another step in the opening up of the Arctic Ocean to international shipping.
Source:CBC | Business News http://ift.tt/1Hhaf...
Ottawa posts $2.3B deficit in August, but still on track for annual surplus
Ottawa spent more than it took in during August, posting a deficit of $2.3 billion for the month but is still on track for an annual surplus for the year that stands at $2.8 billion in the first five months of the fiscal year.
Source:CBC | Business News http://ift.tt/1Pa96...
Windows 10 will become a 'recommended update' that starts automatically
Microsoft is introducing new measures to get Windows 7 and Windows 8.1 users to upgrade to Windows 10 - including one that will initiate upgrades automatically in 2016.
Source:CBC | Business News http://ift.tt/1PZKc...
Hydro One shares go on sale next week at $20.50
The Ontario government will raise upwards of $1.66 billion with the sale of part of Hydro One, the company has announced in a securities filing.
Source:CBC | Business News http://ift.tt/1PZKc...
Companies that make baby products expect boon from end of China's 1-child policy
Shares of companies making diapers, baby strollers and infant formula were getting a boost Friday from China's decision to scrap its decades-old one-child policy.
Source:CBC | Business News http://ift.tt/1MZHw...
Low oil price takes big bite from Chevron, Exxon earnings
The world’s biggest oil companies are reporting grim results in the third quarter of 2015, with Chevron Corp seeing profit fall by 64 per cent and Exxon profit down 47 per cent.
Source:CBC | Business News http://ift.tt/1PUH1...
Husky Energy job cuts reach 1,400 as company announces possible asset sale
Husky Energy announced its job cuts this year now total 1,400 as the company posted a third-quarter loss and revealed potential plans to sell assets in response to the crash in oil prices.
Source:CBC | Business News http://ift.tt/1ipRe...
How the Halloween market endures by making money off the macabre
Halloween is the only time of year that it's OK to have a corpse on your lawn and to knock on doors demanding candy from strangers. It's also a time of year for candy-makers and Halloween-ware sellers to cash in.
Source:CBC | Business News http://ift.tt/1M5qB...
Hamilton school teaches the world how to make a better bra
Bra-Makers Supply is a sewing store and custom lingerie school in Hamilton with an international reach.
Source:CBC | Business News http://ift.tt/1Rien...
Canada's economy expands for 3rd straight month in August
Canada's economy expanded by 0.1 per cent in August, the third consecutive monthly gain after five straight months of shrinking.
Source:CBC | Business News http://ift.tt/1LG4j...
Valeant says it's cutting all ties with troubled Philidor pharmacies amid crisis
Valeant Pharmaceuticals is cutting all ties with Philidor Rx Services. The relationship between the two companies has been under intense scrutiny since it was revealed about a week ago.
Source:CBC | Business News http://ift.tt/1OcrG...
Bombardier investment launches Quebec into battle with aerospace giants: Don Pittis
For now, Quebec's billion-dollar stake in Bombardier will preserve tens of thousands of aerospace jobs. The province is betting taxpayers' money on a head-to-head battle with aircraft giants Airbus and Boeing. Don Pittis examines what's at stake.
Source:CBC | Business News http://ift.tt/1kXSn...
Tim Hortons, Starbucks recycling claims may be garbage
Canada’s top coffee companies have made commitments to recycle disposable cups, but Marketplace finds that many go to landfill.
Source:CBC | Business News http://ift.tt/1GAuI...
jeudi 29 octobre 2015
Losses and job cuts: Alberta oil and gas sector still bleeding red
Canada's oilpatch continues to move aggressively to cut costs and companies say the efforts are starting to show results.
Source:CBC | Business News http://ift.tt/1GNQR...
TransAlta to pay $56M for price fixing in largest penalty of its kind
The Alberta Utilities Commission approves TransAlta's proposed $56-million settlement for deliberately timing outages at power plants to drive up electricity prices.
Source:CBC | Business News http://ift.tt/1Ob8M...
Canadian internet TV, video-watching growing quickly
The average amount of time Canadians spend watching TV over the internet increased 42 per cent between 2013 and 2014, the CRTC reports.
Source:CBC | Business News http://ift.tt/1GN62...
Detroit comeback making life pricier for long-time city residents
Gritty residents and business owners who stuck with Detroit through the economic bad times fear they could be priced out during the city's slow recovery as property values and rents tip-toe up.
Source:CBC | Business News http://ift.tt/1KIt2...
Why celery is eating up more of your salary
Fresh vegetable prices are soaring, especially in B.C., where they rose 2.7 per cent last month and nearly 15 per cent last year.
Source:CBC | Business News http://ift.tt/1P7e4...
House prices overvalued in 11 of Canada's 15 biggest cities, CMHC
Canada's national housing agency is warning of 'problematic housing market conditions' in most of Canada's major housing markets.
Source:CBC | Business News http://ift.tt/1MkUU...
Suncor's $4.3B bid for Canadian Oil Sands good enough given low crude prices, CEO says
The CEO of Suncor Energy is throwing cold water on speculation that its hostile takeover offer for Canadian Oil Sands will be sweetened.
Source:CBC | Business News http://ift.tt/1KIbB...
Maple Leaf Foods swings to $29M profit
Maple Leaf Foods swung to a profit of $29.8 million in the third quarter, as it nears the end of the restructuring plan it began in 2010.
Source:CBC | Business News http://ift.tt/1imvO...
TSX launches 3 new climate change indexes to track carbon footprints of companies
The Toronto Stock Exchange will create three new subindexes designed to track the environmental impact of companies that trade on the exchange.
Source:CBC | Business News http://ift.tt/1MWGF...
Viagra-maker Pfizer and Botox-maker Allergan flirt with super-sized hook-up
Allergan, the maker of Botox, is confirming that it has been approached by drug giant Pfizer about a possible merger.
Source:CBC | Business News http://ift.tt/1PSLy...
Trans-Pacific Partnership divides auto parts industry
As the auto parts sector awaits the appointment of a new trade minister, the industry is split over the Trans-Pacific Partnership. New revelations show that tariffs will be eliminated much more quickly in Canada than in the U.S.
Source:CBC | Business News http://ift.tt/1ND5R...
Hydro One selloff: new report warns the sale will hurt Ontario's budget
Ontario's new financial accountability officer warns the partial sale of Hydro One will have a negative impact on the province's budget balance.
Source:CBC | Business News http://ift.tt/1LDSb...
PotashCorp plans temporary shutdowns at 3 mines starting in December
PotashCorp will be temporarily shutting down its Allan, Cory and Lanigan mines for three weeks in December.
Source:CBC | Business News http://ift.tt/1P7PD...
MLSE hires Michael Friisdahl to replace Tim Leiweke as president, CEO
Maple Leafs Sports & Entertainment announced Thursday that it has hired former Air Canada executive Michael Friisdahl to replace Tim Leiweke as the company's president and CEO.
Source:CBC | Business News http://ift.tt/1XBxp...
Health-care spending growth slows, but reaches $6,105 per Canadian
Health spending in Canada is expected to reach $219.1 billion this year, or more than $6,100 per person, according to a new 40-year report.
Source:CBC | Business News http://ift.tt/1kVsO...
Tourism spikes in mountain parks amid Alberta economic slump
The low dollar and weak energy prices attracted more people to the mountain parks this summer, making it a record season for hotel and tour operators.
Source:CBC | Business News http://ift.tt/1jU2K...
Apple TV: What you need to know about Apple's latest TV streaming box
The latest incarnation of Apple's streaming-TV box — aptly named Apple TV — isn't just for streaming anymore. AP's Anick Jesdanun takes a closer look and shares some thoughts.
Source:CBC | Business News http://ift.tt/1jTTI...
Cenovus expects to finish 2015 with 24% fewer staff than last year
Cenovus has cut its workforce faster than expected and and now expects to end the year with 24 per cent fewer employees than it had at the end of 2014.
Source:CBC | Business News http://ift.tt/1HdMl...
U.S. GDP growth slows by half to 1.5% in summer quarter
The U.S. economy slowed sharply in the summer, reflecting a cutback in businesses' stockpiling of goods, which offset strength in consumer spending.
Source:CBC | Business News http://ift.tt/1NaC3...
Quebec to invest $1B US in Bombardier's CSeries jet program, firm posts $4.9B US Q3 loss
The Quebec government will invest $1 billion US in Bombardier's CSeries jet program, the company announced Thursday as it also reported a $4.9-billion US loss in its third quarter.
Source:CBC | Business News http://ift.tt/1Hdst...
Canadians must say if Canada Post is more precious than junk mail: Don Pittis
Despite the growth of email, to many Canadians Canada Post is a precious asset, but only if it does what Canadians need it to do. Don Pittis says that in its effort to make money, the Crown corporation seems to have forgotten who owns it. And suddenly we have another opportunity to make that clear.
Source:CBC | Business News http://ift.tt/1WkcL...
'Hell No Barbie' campaign targets Hello Barbie over privacy concerns
Hello Barbie is now on the market. Her added accessory is a showstopper — she can make real conversation. But an advocacy group is launching a "Hell No Barbie" campaign, claiming the doll is a privacy risk.
Source:CBC | Business News http://ift.tt/1kd7z...
mercredi 28 octobre 2015
Suncor posts third-quarter loss of $376 million
Suncor Energy has posted a third-quarter net loss of $376 million, a sharp reversal from the $919-million profit from the same period a year earlier.
Source:CBC | Business News http://ift.tt/1GxTK...
U.S. pipeline opponents celebrate downturn in Alberta oilsands
Opponents of Canada's oil industry are celebrating this week over news they see as vindication of a pipeline-fighting strategy that began in the United States with Keystone XL.
Source:CBC | Business News http://ift.tt/1NC1c...
UAW leaders approve proposed General Motors contract
United Auto Workers leaders have approved a proposed contract with General Motors Co.
Source:CBC | Business News http://ift.tt/1GKN9...
Alberta debt may shake confidence but not credit rating, says Moody's
Alberta's credit rating may not be downgraded with the $6.1-billion deficit included in the budget released Tuesday but the growing debt doesn't look good to investors, says international rating agency Moody's.
Source:CBC | Business News http://ift.tt/1NBwv...
Fiat Chrysler loses $445M on recall costs
Fiat Chrysler Automobiles NV said Wednesday it swung to a net loss of 306 million euros ($445 million Cdn) in the third quarter as it recalculated the cost of a huge recall campaign in North America.
Source:CBC | Business News http://ift.tt/1P5Y6...
Global internet surveillance, censorship rising, report finds
Governments around the world are expanding censorship and surveillance of the Internet as overall online freedom declined for the fifth consecutive year, according to a report from a group that tracks democracy and human rights.
Source:CBC | Business News http://ift.tt/1Mj1S...
Oil prices jump almost 6% to $45 in one-day surge
The price of oil climbed 5.8 per cent on Wednesday after the U.S. reported crude inventories rose less than expected and gasoline stocks fell.
Source:CBC | Business News http://ift.tt/1kbdx...
Ontario securities watchdog to boost whistleblower reward
Ontario's securities watchdog has boosted its proposed reward for corporate whistleblowers to as much as $5 million.
Source:CBC | Business News http://ift.tt/1P5vS...
Fed holds interest rate steady again, but hints it may hike at 'next meeting'
The Federal Reserve has decided to keep its benchmark interest rate right where it is.
Source:CBC | Business News http://ift.tt/1O7X0...
U.S. House votes to restore Export-Import Bank, but Senate may block it
The U.S. Export-Import Bank took a step closer to being restored Tuesday, after a coalition of House Republicans and Democrats voted in favour of renewing its charter.
Source:CBC | Business News http://ift.tt/1KFZa...
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