NEWS TAPE : News : ALL-BIZ.INFO: Canada

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Rates of exchange 06 Nov 2009

	1 EUR = 1.590	CAD
	1 USD = 1.072	CAD
	1 GBP = 1.778	CAD
	1 RUB = 0.037	CAD
	1 JPY = 0.012	CAD

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	NEWS TAPE

06 Nov 2009 17:25

Canada’s Dollar Weakens as Employers Unexpectedly Cut Payrolls : Canada’s dollar fell after a report showed the nation’s employers unexpectedly cut jobs in October and a report in Washington showed the U.S. unemployment rate hit a 26-year high, ...

05 Nov 2009 17:09

Canada’s Dollar Trades Near a One-Week High Before Jobs Data : Canada’s dollar was little changed against the greenback, trading near the highest level in more than a week, as traders awaited tomorrow’s employment reports for clues about the strength of the economic recovery. ...

China Rejects Canadian Request on Canola Import Rule : China has rejected a Canadian request for a six-month delay in implementing a new rule requiring canola imports be certified free from blackleg disease, the China National Grain & Oils Information ...
04 Nov 2009 17:10

03 Nov 2009 17:01

Canada, U.S. urged to get on board high-speed rail projects : American rail advocates are urging the Canadian and U.S. governments to show the courage to get on board interconnected high-speed rail networks that would accelerate economic growth in key ...

Employment quality in Canada "nose dived" in last six months: CIBC World Markets Inc. : Job creation has been led by low-paying positions TORONTO, Nov. 2 /CNW/ - The quality of employment in Canada has dropped significantly in the last six months, with all measures declining, finds a new report from ...
02 Nov 2009 16:47

Canadian Employment Insurance Claims Declined 2.4% in August : The number of Canadians on employment insurance fell 2.4 percent in August from July, the second straight decline, Statistics Canada said today on its Web site. ...
27 Oct 2009 17:43

Bank of Canada repeats pledge on rates : The Bank of Canada repeated on Tuesday a conditional pledge to keep interest rates steady through mid-2010, saying the Canadian dollar's strength would more than fully offset favorable developments since July. ...
27 Oct 2009 17:42

Quebec Current Year Budget Gap Estimate Widens to C$4.7 Billion : Quebec Finance Minister Raymond Bachand today announced a deficit of C4.7 billion ($4.4 billion) in the fiscal year ending March 2010, as Canada’s second-largest province emerges from ...
27 Oct 2009 17:39

Canada Considers Tax Changes on Pension Funds, Globe Says : By Rob Delaney Oct. 26 (Bloomberg) -- Canada’s government may introduce tax changes to help pension funds post surpluses, The Globe and Mail reported. Prime Minister Stephen Harper’s administration may introduce a bill in December that would give the federal government the power to require companies to increase pension plan reserves, the ...
26 Oct 2009 16:59

26 Oct 2009 16:58

Bank of Canada raps financial industry over pay : MONTREAL (Reuters) - Bank of Canada Governor Mark Carney delivered a blunt rebuke to the global financial industry on Monday, saying it had shown insensitivity over high compensation and calling on it to ...

23 Oct 2009 17:08

Canada approves H1N1 vaccine : OTTAWA – Canada on Wednesday approved an H1N1 flu vaccine that will be ready for use in the coming days as advance shipments have been distributed to all of its provinces and territories, officials said. "With the arrival of the flu season many Canadians are anxious to get vaccinated against the H1N1 flu virus," Health Minister Leona Aglukkaq told a press conference. ...

23 Oct 2009 17:07

Canada’s Dollar Falls for Second Day on Central Bank Comments : Oct. 23 (Bloomberg) -- Canada’s dollar weakened for a second day after Bank of Canada Governor Mark Carney warned about the currency’s excessive strength, spurring investors to look ...

Canadian Retail Sales Rose 0.8% in August on Gasoline, Trucks : Oct. 22 (Bloomberg) -- Canadian retail sales increased twice as fast as forecast in August, climbing 0.8 percent from the previous month because of new truck purchases and higher prices at ...
22 Oct 2009 17:38

22 Oct 2009 17:37

Canadian Dollar Falls Before Bank Report as Oil, Stocks Decline : ct. 22 (Bloomberg) -- Canada’s dollar slid before the central bank releases a report on monetary policy as global stocks and crude oil fell and investors sought the relative safety of ...

SemBioSys Genetics Inc agrees to sell its part of Botaneco to Advitech : SemBioSys Genetics Inc. (TSX:SBS) said Wednesday it will gain a 10 per cent stake in Advitech Inc. (TSXV:AVI) in exchange for selling its part of Botaneco Speciality Ingredients in ...
21 Oct 2009 17:30

21 Oct 2009 14:20

Boeing Posts $1.56 Billion Loss After 787, 747 Charge : Boeing Co. posted a third-quarter loss after $3.5 billion in charges for delays to its new 787 Dreamliner and 747-8 jumbo jet programs and reduced its full- year profit forecast. The net loss was $1.56 billion, or $2.23 a share, compared with net income of $695 million, or 96 cents, a year earlier, the Chicago-based company said in a statement today. The loss was bigger ...

Survey finds Canadians turning more to cash to fund home renovations : An Ipsos Reid survey suggests Canadians are less likely to use credit cards to pay for home renovations this year than they were in 2008. The survey, conducted for RBC Royal Bank, finds 76 per cent of respondents plan to pay for their home improvements with cash or savings. That's up from just 70 per cent who said ...
21 Oct 2009 12:15

21 Oct 2009 09:29

Lilly Posts Third-Quarter Profit, Boosts Forecast : Eli Lilly & Co., maker of the antipsychotic Zyprexa, raised its 2009 forecast after reporting a profit on increased sales of cancer and depression drugs. The results topped analysts’ estimates. ...

Canada, U.S. Making Progress in Buy America Dispute : Oct. 19 (Bloomberg) -- The U.S. and Canada are making progress in resolving a dispute between the countries over Buy America restrictions in the $787 billion U.S. stimulus measure, a Canadian ...
20 Oct 2009 15:22

20 Oct 2009 15:20

Canada May Keep Key Rate at 0.25%, Say Dollar a Risk to Growth : Oct. 20 (Bloomberg) -- The Bank of Canada will probably keep its key interest rate at a record low today and say that the Canadian dollar’s rise toward parity with the U.S. currency ...

Canada’s Commercial Real Estate Industry Recovering, Globe Says : Oct. 19 (Bloomberg) -- Canada’s commercial real estate market is recovering after an 18-month slump as new transactions indicate the industry has de-coupled from its struggling U.S. ...
19 Oct 2009 15:55

19 Oct 2009 15:53

Canada intercepts 76 migrants off west coast : VANCOUVER, Canada (AFP) – A ship suspected of carrying 76 illegal migrants was intercepted in the Pacific Ocean off Canada's west coast, police said. Authorities including military, police and border agents "identified and secured a vessel displaying the name 'Ocean Lady' that was approaching the coast of British Columbia" province, said a statement ...

Quebec firms look to become suppliers of Russian home renovation retailer : Quebec suppliers to North American home renovation giants such as Rona (TSX:RON) and Home Depot are hoping to partner with a growing Russian retailer to diversify their sales ...
16 Oct 2009 18:26

16 Oct 2009 14:19

GM’s Chevrolet Seeks New Agencies for Global Mission (Update1) : General Motors Co.’s Chevrolet brand will solicit additional advertising agencies, ending an exclusive relationship with Campbell-Ewald and the “American Revolution” campaign that ...

16 Oct 2009 14:12

Canada condemns attacks in Pakistan : OTTAWA (AFP) – The Canadian government on Thursday condemned a spate of attacks in Pakistan that left 40 people dead. "Canada strongly condemns these attacks," Canadian Foreign Minister Lawrence Cannon said in a statement, offering "deepest sympathies" to the families and friends of those who were killed. ...

13 Oct 2009 14:52

Deportation numbers skyrocket in Canada : CALGARY -- Fifty per cent more people were deported from Canada last year than a decade ago -- proof the system is getting too aggressive with who it gives the boot, says one local immigration lawyer. ...

13 Oct 2009 14:36

Canadian dollar approaching parity with American greenback once again : TORONTO - The loonie is once again flying ever higher these days. So much so, that some currency analysts say the Canadian dollar could hit parity with the U.S. greenback by the end of the year. ...

13 Oct 2009 14:32

Canada increases offshore energy production : The Telegram reported Saturday that StatoilHydro Canada Vice President Hege Rogno said that the company, which operates 39 producing oil and gas fields, said, "Our wish here is to become a producing operator ...

09 Oct 2009 16:58

New conflict unearthed at Ontario Health Ministry : A trio of senior program managers at Ontario's Health Ministry were allowed to set up their own firm, then profit from dozens of ministry contracts worth millions of dollars, according to documents ...

09 Oct 2009 16:50

Canada Dollar Rises to Highest in More Than a Year on Job Gain : By Chris Fournier Oct. 9 (Bloomberg) -- Canada’s dollar climbed to the highest in more than a year after a government report showed employers added more jobs in September than economists forecast, ...

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05 Nov 2009

Canada’s Dollar Trades Near a One-Week High Before Jobs Data

05 Nov 2009

Transurban Rejects $6 Billion Offer From Canada Funds

China Rejects Canadian Request on Canola Import Rule
04 Nov 2009

03 Nov 2009

Canada, U.S. urged to get on board high-speed rail projects

06 Nov 2009

Canada’s Dollar Weakens as Employers Unexpectedly Cut Payrolls

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