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TOP BUSINESS STORIES
The Canadian Press
CBC.ca
Last Updated: February 10 2012, 11:48 PM
Harper talks oil, human rights on China trip
GUANGZHOU, China - Stephen Harper left the old political world of Beijing for a new industrial capital of China to deliver his strongest words yet on human rights and oil.
Full Story
Last Updated: February 10 2012, 6:55 PM
Free trade with China realistic: think-tank
OTTAWA - The Harper government would be "foolish" not to pursue a free trade agreement with China, despite the political differences between the two countries, says the head of the Asia Pacific Foundation of Canada.
Last Updated: February 10 2012, 6:49 PM
Cuts to OAS years away, says Flaherty
OTTAWA - Canadians won't have to worry about cuts to elderly benefits for years, Finance Minister Jim Flaherty said Friday, hinting that changes won't happen until at least 2020.
Last Updated: February 10 2012, 6:30 PM
Air Canada reaches deal with machinists union
MONTREAL - Air Canada (TSX:AC.B) has reached a tentative agreement with its 8,600 mechanics, baggage handlers, and cargo agents - the carrier's biggest union.
Last Updated: February 10 2012, 5:56 PM
Exports, imports, trade surplus rise
OTTAWA - Canada's trade surplus for December grew to $2.7 billion, more than double the previous month and its best showing since the global financial crisis three years ago.
Last Updated: February 10 2012, 8:31 PM
Old Age Security untouched until 2020, Flaherty says
Finance Minister Jim Flaherty says Canadians should expect no changes to Old Age Security benefits before 2020 or 2025, and details about reform would be outlined over more than one budget.
Full Story
Last Updated: February 10 2012, 8:19 PM
Greek cabinet approves new austerity bill
The Greek cabinet on Friday approved a draft bill that would clear the way for further austerity and economic reforms that are a condition of a new €130 billion ($172 billion Cdn) bailout by the European Union and the IMF needed to avoid a disorderly default.
Last Updated: February 10 2012, 4:21 PM
TSX closes lower on Greece, China worries
North American stock markets closed lower Friday on concerns about a messy default by Greece and worries about the pace of growth in China.
Last Updated: February 10 2012, 3:09 PM
CAW questions Caterpillar takeover of Electro-Motive
The head of the Canadian Auto Workers is suggesting Caterpillar Inc. may not have followed foreign takeover rules in its 2010 purchase of the London, Ont., locomotive plant it has since shut down.
Last Updated: February 10 2012, 1:24 PM
Harper ties China trade deals to Canadian values
After two days focused on economic deals, Prime Minister Stephen Harper said Friday that his Chinese hosts should expect Canada to continue to advocate for human rights as well.
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The Canadian Press
CBC.ca
Last Updated: February 10 2012, 5:21 PM
Oil prices tumble on European debt concern
NEW YORK, N.Y. - Oil prices fell Friday as a critical bailout plan for Greece remained in limbo, again raising the spectre of bank failures and bankruptcies in Europe.
Last Updated: February 10 2012, 5:06 PM
Most actively traded companies on the TSX
TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
Last Updated: February 10 2012, 5:05 PM
Final Wall Street: Dow closes at 12,801.23
Dow Jones Industrials
Last Updated: February 10 2012, 4:54 PM
TSX down on Greek bailout snag, Chinese data
TORONTO - The Toronto stock market closed deep in the red Friday amid doubts as to whether Greece can muster the political will needed to comply with eurozone conditions that would allow it to secure a much-needed bailout in order to avoid bankruptcy.
Last Updated: February 10 2012, 4:49 PM
Traders look to heavy slate of earnings
TORONTO - Editors: Story just moved on market expectations is intended for Sunday release.
Last Updated: February 10 2012, 4:46 PM
Financial market highlights on Friday
TORONTO - Highlights at the close of Friday's world financial market trading.
Last Updated: February 10 2012, 4:45 PM
TSXV closed at 1,653.55, down 11.27 points
TORONTO - The TSX Venture Exchange closed on Friday at 1,653.55, down 11.27 points. The volume was 232.38 million shares.
Last Updated: February 10 2012, 4:31 PM
Canada Bond yields, prime rates for Feb. 10
TORONTO - Canada Bond yields (previous day in brackets):
Last Updated: February 10 2012, 4:20 PM
Chinese data helps depress Canadian dollar
TORONTO - The Canadian dollar closed below parity with the U.S. currency Friday as Greece faced new conditions for securing a crucial bailout meant to stave off bankruptcy as early as late next month.
Last Updated: February 10 2012, 4:17 PM
Canadian dollar closed at 99.72 cents US
TORONTO - The Canadian dollar closed at 99.72 cents US on Friday, down 0.72 of a cent from Thursday's close.
Last Updated: February 10 2012, 12:50 PM
TransCanada cleared of Keystone conflict by U.S. audit
The U.S. inspector general has cleared TransCanada of undue influence in a State Department review of the Keystone XL pipeline, but faults the department for the way it handled some aspects of the review.
Last Updated: February 10 2012, 11:57 AM
U.S. trade deficit widens to $48.8B
The U.S. trade balance widened in December, as a strengthening American recovery outpaced global growth.
Last Updated: February 10 2012, 11:57 AM
Canada Pension Plan fund grows to $152.8B
The value of the Canada Pension Plan fund rose by 9% in 2011 on improved returns from stocks and bonds.
Last Updated: February 10 2012, 11:47 AM
SNC-Lavalin drops 2 executives tied to Gadhafi family
Canadian engineering firm SNC-Lavalin said two executives have hastily left the company amid reports of turmoil over the firm's involvement with Cyndy Vanier, a hired consultant now facing serious charges in Mexico.
Last Updated: February 9 2012, 10:16 PM
Canada and China next steps could include free trade deal
On the heels of Wednesday's "historic" investment deal, Prime Minister Stephen Harper moved on to raise the prospect of something even bigger on Thursday: free trade talks with China.
Last Updated: February 9 2012, 10:00 PM
Energy board head defends pipeline reversal review
The head of the National Energy Board says the agency is legally obligated to review Enbridge's decision to reverse part of its "Line 9" pipeline from Sarnia to Westover, Ont.
Last Updated: February 9 2012, 5:26 PM
Income inequality overstated, study says
The concern over income inequality in Canada doesn't take taxation and redistribution into account according to a study released thursday by the University of Calgary's School of Public Policy.
Last Updated: February 9 2012, 2:40 PM
Internet providers not subject to Broadcasting Act
Retail internet service providers, such as Rogers and Bell, that provide end-users with access to broadcasting over the internet are not subject to the Broadcasting Act because they have no control over the programming transmitted, the Supreme Court of Canada rules.
Last Updated: February 9 2012, 12:50 PM
New home prices rose 2.5% last year
The price of a new home in Canada rose by 2.5 per cent last year, led by big jumps in Toronto and Oshawa, Ont., according to Statistics Canada.
Last Updated: February 9 2012, 12:29 PM
Kodak closing camera division
Kodak says it will leave the industry that it created by closing its camera division as it attempts to rebuild under bankruptcy protection.