Posts Tagged ‘canada business’

U.S. home prices in broad-based decline

U.S. home prices fell in 19 of 20 major cities in October, suggesting that the foreclosure crisis is still overhanging the country’s sputtering housing recovery. View full post on Canada Business Stories

N. Korean economy waits on power transfer

Tentative reforms to North Korea’s dilapidated economy that could help its people escape poverty and hunger are likely to languish as the anointed heir to the late leader Kim Jong Il consolidates his hold on power. View full post on Canada Business Stories

Fewer EI recipients but more claims

Fewer people were on employment insurance in October over the previous month, continuing a multi-year downward trend, but more people submitted benefit claims, Statistics Canada says. View full post on Canada Business Stories

Fired RIM execs ‘chewed through restraints’ on flight

New details are emerging about the rowdy behaviour of two Research In Motion executives who were fired for disrupting an intercontinental flight – including that they managed to chew their way out of restraints after being handcuffed by crew members. View full post on Canada Business Stories

Holiday spending gets big boost

Canadians visited malls and online retailers in droves during Black Friday and Cyber Monday events this year, driving a significant boost in sales for retailers in contrast to earlier predictions that holiday spending could be weak. View full post on Canada Business Stories

Visual artists vie for cut of resale profits

Canadian visual artists are lobbying for an art resale law that would give creators a cut when their artworks are resold for high prices by auction houses and galleries. View full post on Canada Business Stories

Tim Hortons profits soar

Shares in Oakville, Ont.-based Tim Hortons rise after the coffee and doughnut chain operator reported profits soared 40 per cent in the third quarter on generated higher sales. View full post on Canada Business Stories

Air Canada to keep a lid on growth

Air Canada warned Friday it will keep a lid on increasing its capacity next year, as it reported a sharp drop in operating profits in its third quarter. View full post on Canada Business Stories

‘Miscommunication’ led to Heartland mix-up

The province now says only two major electrical transmission line projects will be put on hold, not three as initially announced Friday. Hearings will be suspended on two proposed lines running down the Edmonton-Calgary corridor. View full post on Canada Business Stories

Business outlook turns gloomy

Canadian firms have grown pessimistic about their sales prospects for the upcoming year, a Bank of Canada survey says. View full post on Canada Business Stories