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  • Aquaculture industry needs regulatory change, says official

    February 24, 2014 4:06 PM 11

    Ruth Salmon speaks about opportunities to make national industry as strong as P.E.I.’s The executive director of the Canadian Aquaculture Industry Alliance wants to see things as strong across the country as they are on P.E.I. Ruth Salmon was the guest speaker at the P.E.I Aquaculture Alliance’s annual general meeting in Cornwall on Friday. “We’re trying

  • Canadian snowbirds’ dream of U.S. vacation home fading fast

    February 24, 2014 3:51 PM 14

    The 500,000 Canadian snowbirds who flock to the United States are being hit by a falling loonie that should see their purchasing of U.S. winter homes start to slow, says a new report. It’s not going to be any sort of collapse, which is good news for Florida, the number one draw of Canadians where 3.5 million of us spent $4.4-billion annually. “Make no mistake

  • Boosting N.S. economy is a federal-provincial matter, says new report

    February 24, 2014 2:11 PM 32

    Ray Ivany and Co. delivered a barn-burner in their report on the new economy, skipping beyond the usual number-crunching and going straight for the economic psychology. The key: "Overcoming psychological barriers may be just as important as raising capital, producing more products or finding new markets." Right on. Ancient wisdom, in fact -- a house

  • Shunned Chinese buyers to turn from Canada to Australia

    February 24, 2014 1:47 PM 15

    Canada’s government recently made an abrupt decision that could have repercussions for Australia’s already overvalued residential property market. Canadian Finance Minister Jim Flaherty on February 11 announced that a 28-year-old visa scheme designed to attract wealthy foreigners to the country would be axed, effective immediately. Under the now defunct

  • Augusta Resource urges shareholders to reject HudBay’s buyout offer

    February 24, 2014 1:39 PM 5

    Canadian exploration company Augusta Resource Corp has asked its shareholders to reject base metal miner HudBay Minerals Inc’s hostile offer to buy all the shares in Augusta it does not own. Augusta’s Rosemont copper project in Arizona is considered to be one of the most promising in the United States. “The unsolicited offer is grossly inadequate and does not come close

  • How the long-range Dreamliner will change Australia's long-haul routes

    February 24, 2014 1:36 PM 30

    A decade ago, with the retirement of Concorde and a yawning lack of interest from airlines for a 20 per cent faster Boeing Sonic Cruises, affordability replaced speed. Early in the 21 century, that means cheaper tickets for paying punters rather than cheaper planes for airlines, who will pay handsomely for relief from skyrocketing jet fuel fuel prices

  • An RRSP plan for every stage of life

    February 24, 2014 12:58 PM 8

    How to roll: Canadian investment advice In a perfect world there would be no either-or financial choices. You would have piles of disposable income available to funnel regularly into retirement and education savings, non-registered investments and debt payments. Alas, the world isn’t financially perfect. At this time of year there are multiple calls

  • Survey says: Canadians are regular targets of 'phishing' scams

    February 24, 2014 12:44 PM 11

    MONTREAL -- Digitally connected young Canadians have become regular targets of phishing scams -- fraudsters trying to steal personal information for financial gain, according to a new survey by Visa Canada. The survey found that 92 per cent of respondents under age 35 confirmed they had been targeted by phishing scams for information such as bank accounts

  • Millions of scam emails sent daily looking to scoop up personal information

    February 24, 2014 11:22 AM 11

    MONTREAL – Digitally connected young Canadians have become regular targets of phishing scams – fraudsters trying to steal personal information for financial gain, according to a new survey by Visa Canada. The survey found that 92 per cent of respondents under age 35 confirmed they had been targeted by phishing scams for information such as bank accounts

  • Tesco in talks on future of Turkish business

    February 24, 2014 10:59 AM 19

    ISTANBUL/LONDON (Reuters) - Tesco , the world's No. 3 retailer by sales, is in talks with several companies over a possible restructuring of its struggling business in Turkey. The British retailer has been in Turkey since 2003 but has suffered poor trading from its 191 stores recently, with underlying sales at Tesco Kipa falling 10.7 percent in its second