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  • A crony capitalist Christmas

    December 27, 2013 10:56 PM 18

    The year began badly for taxpayers all across Canada and it will certainly end that way. But if you’re a crony capitalist and think government should be doling out the grants to companies both minor and massive, then you had reason to be full with Christmas cheer this year. On Jan. 4, Stephen Harper committed $250 million to fund research and development

  • Forget Keystone XL; Competing Pipelines Will Bring Oil-Sands From Alberta To US Gulf Coast

    December 27, 2013 9:13 PM 15

    The Eastern Gulf Crude Access Pipeline project would bring Canadian oil-sands as well as crude from North Dakota from Patoka, Ill., to St. James, La., to refineries along the Mississippi River and the Louisiana Gulf Coast. The Eastern Gulf pipeline, a joint venture between Energy Transfer Partners of Dallas and Enbridge Inc. of Alberta, Canada, still

  • Million dollar lottery win in Labrador

    December 27, 2013 8:08 PM 21

    Some lucky workers at Carol Automobile in Labrador City got a surprising Christmas treat this year. "It was a big surprise - something I didn't expect for sure," said lotto winner Lauren Connors. Connors said there were some very mixed emotions at the Ford dealership when her other co-workers found out about the win. "Some people are very supportive

  • Too good to be true: The Brick trying to go back on online offer

    December 27, 2013 8:02 PM 13

    A Boxing Day discount offered online by The Brick really was too good to be true. The Canadian furniture and electronics retailer says the additional 50 per cent discount applied to online purchases on Dec. 24 and Dec. 25 was actually a mistake, and now the company says it won't honour the price its customers thought they had paid. Instead, The Brick

  • Public’s input sought on recommendations for home-inspection regulation in Ontario

    December 27, 2013 6:35 PM 15

    For the biggest investment of most people’s lives, hiring a home inspector is probably one of the most important things a prudent buyer can do. The problem in Ontario, however, is that just about everyone one can advertise themselves as a home inspector. There’s currently no licensing, no mandatory training or standards and no single regulatory body overseeing

  • Alberta gas company pleads guilty, fined after pipeline leak

    December 27, 2013 6:00 PM 7

    EDMONTON – A Calgary-based natural gas company will pay $350,000 in fines after pleading guilty to a pipeline leak that killed hundreds of fish and damaged a creek in northern Alberta. SemCAMS ULC made the plea after 850,000 litres of salty, chemically contaminated wastewater was released into a small creek and muskeg near Fox Creek, Alta., in August

  • BlackBerry faces more uncertainty as CEO launches rescue attempt

    December 27, 2013 5:44 PM 29

    TORONTO -- BlackBerry hopes to clean the slate again as it heads into the new year with another lease on life and a leader who believes he can do what his predecessors couldn't -- save the company from a slow death. After months of painful uncertainty and dismal financial results, BlackBerry is in the hands of chairman and chief executive John Chen who hopes

  • Nasdaq to compensate firms on December 31 for botched Facebook IPO

    December 27, 2013 5:33 PM 17

    NEW YORK (Reuters) - Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc's botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that lost money when a glitch in Nasdaq's

  • Big box, small shops or high end retail: deals will be key to winning in 2014

    December 27, 2013 3:32 PM 21

    TORONTO - There is little doubt the retail landscape in Canada is changing as increasing numbers of big name U.S. chains shop for customers north of the border. And, according to retail experts, just who wins the competition for the pocketbooks of Canadians in 2014 is likely to be decided by who is perceived to be offering the best deals. "The environment

  • Nearly 50% of Canadian mobile users say their device is on hand 24/7: poll

    December 27, 2013 3:15 PM 10

    TORONTO – If you can’t bear to let your smartphone out of your sight for even a few minutes, you’re not alone. According to the results of a recently released online poll, almost half of Canadian smartphone owners said they keep their device with them pretty much 24/7. About 42 per cent of the respondents in the survey, conducted by Harris-Decima for Rogers