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TOP BUSINESS STORIES
The Canadian Press
CBC.ca
Last Updated: November 21 2009, 7:09 PM
Wheat board couldn't explain to auditor why producers' 'personal data' sent to companies: document
OTTAWA - The Canadian Wheat Board, apparently for no reason, shared "sensitive information" about farmers with companies that handle grain, says a newly released document.
Full Story
Last Updated: November 20 2009, 7:35 PM
Hershey may make US$17-billion bid for Cadbury, topping Kraft, Journal reports
NEW YORK - Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
Last Updated: November 20 2009, 7:15 PM
As interest rates fall back near zero, there aren't many happy returns
NEW YORK - The United States is finally becoming a country of savers. Now if only we could get something for our money.
Last Updated: November 20 2009, 7:14 PM
Judge reserves decision on whether Scotiabank overtime suit can move forward
TORONTO - An Ontario court judge deciding whether a class action lawsuit against Scotiabank (TSX:BNS) over unpaid overtime should be dismissed has reserved his decision.
Last Updated: November 20 2009, 7:13 PM
Consumers trade up for less on latest electronics as prices come down
MONTREAL - Prices for the latest gadgets and TVs haven't fallen dramatically, but enough to allow consumers to trade up at lower prices, says the research firm NPD Group Canada.
Last Updated: November 20 2009, 10:07 PM
Ottawa will stay course on stimulus: Flaherty
Rather than turning off the stimulus taps or pouring more fuel on the economic fire, Ottawa will stand pat with the $61 billion in stimulus spending announced in January, Finance Minister Jim Flaherty says.
Full Story
Last Updated: November 20 2009, 5:32 PM
Canada Post struggles to innovate
Christmas is often a busy time for Canada Post, but the season is especially key this year as the company struggles to make up for dwindling demand in the face of a devastating global economic slowdown.
Last Updated: November 20 2009, 4:39 PM
The 10-billion-barrel battle
Henry Lyatsky is a man on a mission.
Last Updated: November 21 2009, 2:12 AM
CAW, Johnson Controls reach tentative deal
After a successful late-night bargaining session, the Canadian Auto Workers Union and management at Johnson Controls have reached a tentative agreement on a new three-year labour deal.
Last Updated: November 20 2009, 5:09 PM
Agrium's bid for CF stumbles
Calgary-based Agrium on Friday suffered a setback in its bid to take over rival CF Industries.
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The Canadian Press
CBC.ca
Last Updated: November 20 2009, 6:45 PM
AbitibiBowater juggles to avoid large tax bills from $250-million loan
MONTREAL - AbitibiBowater's worsening financial position is forcing the insolvent company to juggle its corporate structure to avoid a big tax bill.
Last Updated: November 20 2009, 6:44 PM
Transat beefs up France operations by teaming with travel agency network
MONTREAL - Tour operator Transat A.T. (TSX:TRZ.B) is hoping to expand its presence and revenues in France by partnering with that country's largest travel agency network.
Last Updated: November 20 2009, 6:43 PM
Two bidders vie for Nortel's optical networking business in auction
TORONTO - Some of Nortel Networks' most-prized assets were on the auction block Friday as two technology giants put their best bids forward in hopes of gaining control.
Last Updated: November 20 2009, 6:42 PM
Brookfield increases long-term contract for power generation in Ont.
TORONTO - Brookfield Renewable Power Inc. said Friday it has signed a 20-year contract Ontario Power Authority to sell all of its output from 16 of its Ontario hydro facilities.
Last Updated: November 20 2009, 6:31 PM
Flaherty says government will undertake no new spending in next year's budget
TORONTO - Emphasizing that government stimulus spending is a temporary measure, federal Finance Minister Jim Flaherty says the Conservative government doesn't plan to undertake major new spending initiatives in next year's budget.
Last Updated: November 20 2009, 5:55 PM
Recession catches up to businesses as more join the line to bankruptcy
OTTAWA - After withstanding recessionary headwinds for most the past year, Canadian businesses are now succumbing to the same economic malaise that has already sent tens of thousands of individual Canadians to the bankruptcy office.
Last Updated: November 20 2009, 5:53 PM
Saputo, Kraft appeal court ruling upholding federal cheese regulations
MONTREAL - Saputo (TSX:SAP) and Kraft aren't taking no for an answer and have appealed a Federal Court ruling that upheld new federal cheese regulations.
Last Updated: November 20 2009, 5:20 PM
TSX Venture Exchange closes up 7.12 points to 1,408.06 Friday
TORONTO - The TSX Venture Exchange settled at 1,408.06 up 7.12 points on Friday. The volume at 5 p.m. was 254.34 million shares.
Last Updated: November 20 2009, 5:19 PM
Most actively traded companies on the TSX, TSX Venture Exchange markets
TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
Last Updated: November 20 2009, 5:19 PM
Oil edges down toward US$76 amid economic uncertainty, rising U.S. dollar
NEW YORK - Oil prices fell below US$77 a barrel on Friday on a stronger U.S. dollar and amid concern about the strength of the global economic recovery.
Last Updated: November 20 2009, 12:14 PM
Bankruptcies soar 43%
The number of bankruptcies across the country was 43 per cent higher in September than at the same point a year ago, government data shows.
Last Updated: November 19 2009, 1:06 PM
Flaherty seeks voluntary changes to card fees
Finance Minister Jim Flaherty has proposed a voluntary code of conduct for credit and debit card providers that he says will "level the playing field" for consumers and small businesses.
Last Updated: November 19 2009, 11:47 AM
Job losses haven't peaked: OECD
The economic rebound in developed economies is still timid and not enough to make a dent in unemployment, the Organization for Economic Co-operation and Development said Thursday.
Last Updated: November 20 2009, 12:12 PM
Canada's super-rich
If it's true that "money talks," then the bank accounts of Canada's wealthiest citizens are doing a lot of blabbing these days.
Last Updated: November 19 2009, 2:55 PM
Mexico revokes Canadian miner New Gold's permit
The Mexican government has revoked a permit granted to gold miner New Gold Inc. to operate at the Cerro San Pedro site in central Mexico.
Last Updated: November 19 2009, 3:22 PM
Ex-student off hook for $50K in loans
A Nova Scotia court has ruled that a former university student does not have to pay back tens of thousands of dollars he borrowed from a bank.
Last Updated: November 19 2009, 11:49 AM
N.W.T. diamond mine to hire 150 new workers
The Diavik diamond mine in the Northwest Territories is on the verge of hiring 150 new employees as it starts moving its operations underground in the new year.
Last Updated: November 19 2009, 5:14 PM
Priszm unit price plunges
Toronto-based Priszm Income Fund's unit price fell almost 20 per cent Thursday.
Last Updated: November 19 2009, 11:24 AM
Agrium extends CF offer
Calgary-based Agrium Inc. isn't giving up on its bid to become the world's No. 2 publicly-traded maker of nitrogen fertilizers.
Last Updated: November 19 2009, 9:36 AM
Canada's leading index up 0.7% in October
The national composite leading index rose by 0.7 per cent in October, the fourth straight monthly increase, Statistics Canada revealed Thursday.