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  • Both men and women think they’re the boss of finances

    February 12, 2014 9:11 AM 6

    Conflict over finances identified as the top threat to a happy marriage -- over infidelity, says new BMO survey. The majority of both men and women say they’re the boss at home when it comes to making big decisions on their retirement, and they also blame each other for spending more than saving, a new report shows. BMO’s fourth annual Valentine’s Day RRSP study

  • Porter Airlines signs deal with El AL Airlines for flights to Israel

    February 12, 2014 3:10 AM 16

    TORONTO -- Porter Airlines and EL AL Israel Airlines have signed an interline agreement that will give passengers more options for travel between Canada and Israel. The airlines will use their operations at Newark International Airport in New Jersey as the connecting point between Tel Aviv and Billy Bishop Toronto City Airport, from which passengers

  • Yellen, upbeat China trade report buoy risk assets

    February 12, 2014 3:05 AM 9

    TOKYO/SYDNEY (Reuters) - Asian shares rallied for a fourth straight session on Wednesday, as upbeat trade data from China and an optimistic economic outlook from Federal Reserve Chair Janet Yellen whetted investors' appetite for risk. Investors took heart from the strong performance on Wall Street and lifted MSCI's broadest index of Asia-Pacific shares

  • Small business owners applaud several measures in federal budget

    February 11, 2014 10:17 PM 6

    Pleased with commitment to a balanced budget CALGARY - Canada’s small business owners welcomed several measures from Tuesday’s federal budget, particularly efforts to eliminate the deficit, reduce credit card processing fees for merchants and consumers and cut the cost of the public service. “Small business owners know that today’s deficits are tomorrow’s

  • Wabush Mines shutting down

    February 11, 2014 10:11 PM 11

    Operations at Wabush Mines are ceasing immediately, parent company Cliffs Resources said Tuesday. The news came during meetings with union officials in the afternoon, and was followed up with formal letters to all workers employed at the Scully mine. An estimated 400 people work at the mine and concentrator in Wabush. A small number of staff and supervisors

  • Lone Green MLA Weaver says he’ll keep close eye on B.C.’s LNG plans

    February 11, 2014 9:43 PM 9

    He was elected as Canada’s first Green Party MLA in last May’s provincial election. But outside of a brief summer session, Andrew Weaver has yet to experience the daily grind of taking part in parliamentary debate. That changes this week, and Weaver says he’s looking forward to speaking in the house on behalf of his constituents. “It’s really fun being

  • Conservatives hike excise duties on cigarettes in $700-million tax grab

    February 11, 2014 9:27 PM 11

    OTTAWA -- Long the whipping boys of revenue-hungry governments, Canadian smokers are now the target of the Conservative crusade against the deficit. The Tories are making a $700-million tax grab by what it politely describes in the 2014 budget as "restoring the effectiveness of the excise duty on tobacco products." In other words, it's boosting excise

  • Indian Oil Close to Buying Some Petronas Canadian Assets

    February 11, 2014 8:12 PM 7

    Acquiring 10% Stake in Shale-Gas Properties and in British Columbia LNG Project NEW DELHI--State-controlled Indian Oil Corp. is close to acquiring a 10% stake in Malaysia's Petroliam Nasional Bhd's shale-gas assets and a liquefied-natural-gas project in the Canadian province of British Columbia for 1 billion Canadian dollars ($900 million), two senior

  • Metals plant passes environmental review, to be built near Langham

    February 11, 2014 7:27 PM 4

    LANGHAM, Sask. — The Saskatchewan government says a proposed new metals processing plant has passed an environmental review. It says the plan by Fortune Minerals Ltd. adheres to strict environmental standards. Some nearby residents formed a group that opposed the project, saying it poses a risk to their water supply. The Saskatchewan Environmental Society

  • Quebec mining investment took deeper plunge than forecast last year

    February 11, 2014 6:47 PM 5

    MONTREAL - Investments in Quebec's mining sector plunged deeper than expected last year, declining nearly 37 per cent from a record year in 2012 and marking the first annual drop in a decade, Quebec's statistics agency said Tuesday. Preliminary numbers suggest investments in the sector fell to $3.25 billion from $5.13 billion a year earlier, due largely