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  • U.S. bankruptcy judge refuses to block American-US Airways mega-merger

    December 8, 2013 1:25 PM 20

    NEW YORK -- A judge refused to block a merger between American Airlines and US Airways on Friday, saying a bankruptcy judge correctly rejected arguments made by a lawyer for some consumers. San Francisco attorney Joseph Alioto argued that the deal would harm fliers because it would result in less competition and higher prices. But U.S. District Judge

  • CP Holiday Train keeps on chugging despite frigid temperature

    December 7, 2013 7:48 PM 20

    A forecasted wind chill approaching minus 40 degrees Celsius will not stop a traditional outdoor holiday concert from taking the stage on Saturday afternoon. The 15th annual Canadian Pacific Holiday Train is scheduled to roll into the North Pole Station (the south parking lot of the Anderson LRT station) at 4:00 p.m. The event is a fundraiser for the Calgary

  • Lane closures on Nuns' Island Bridge

    December 7, 2013 7:38 PM 13

    Two of three lanes in each direction are open during the day. At night, there's only one reduced lane open inbound. Drivers should instead use the Bonaventure Expressway to access the Champlain Bridge. The repairs will continue until 5 a.m. Monday.

  • PQ approves Enbrige pipeline reversal; final word to come from Ottawa

    December 7, 2013 5:08 PM 19

    QUEBEC CITY -- The Enbridge pipeline reversal project has received the approval of the PQ government after hearings on the project ended this week. Enbridge wants to reverse the flow of oil on the pipeline between Sarnia and Montreal, bringing Alberta crude to Quebec refineries. The government, however, has 18 conditions. They include a request the Enbridge

  • Shell's Jackpine mine gets nod from Ottawa, despite environmental effects

    December 6, 2013 11:30 PM 17

    Shell Canada's Jackpine oilsands mine expansion plan has received the go-ahead from Ottawa, despite the environment minister's view that it's "likely to cause significant adverse environmental effects." In a statement late Friday, environment Minister Leona Aglukkaq concluded that the impacts from the 100,000-barrel-per-day expansion are "justified in the circumstances

  • Hydro Quebec seeks permission to hike rates by 5.8 percent

    December 6, 2013 9:03 PM 40

    Hydro-Quebec wants to slap its consumers with a massive 5.8 percent rate increase starting on April 1, 2014. On Friday the coroporation launched its quest to persuade the Quebec Energy Board for permission to do just that. The increase consists of two components, Hydro-Quebec President Daniel Richard explained, one being a straight up 3.4 percent rate hike and the other

  • Air Canada appears close to buying up to 60 jets: sources

    December 6, 2013 9:03 PM 27

    (Reuters) - Air Canada (>> Air Canada) appears close to deciding whether to buy up to 60 new narrowbody jets from Airbus (>> EADS) or Boeing Co (>> The Boeing Company), a decision that could settle which of the giant plane makers wins their annual order race, industry sources said. (Reuters) - Air Canada (>> Air Canada) appears close to deciding whether

  • Police arrest three people in credit card scam

    December 6, 2013 8:12 PM 32

    Saskatoon police arrested three people Thursday in connection with a credit card scam. Two women, aged 31 and 36, and one man, 36, were charged with possession of stolen property and possession of a machine used to forge credit cards following an investigation by the police’s targeted enforcement unit, economic crime unit and patrol officers

  • Flaherty says EI funds won't be used to create budget surplus in 2015

    December 6, 2013 8:10 PM 30

    MARKHAM, Ont. -- Federal finance Minister Jim Flaherty is denying a federal watchdog analysis that says he's using high EI premiums to beef up his expected budget surplus in 2015. "We do not take EI funds and use them to balance the budget. That's what the Liberals did," Flaherty said Friday during a media conference in Markham, outside of Toronto, where

  • Look overseas for CPP alternative ideas: Fraser Institute

    December 6, 2013 5:43 PM 24

    Right wing think tank points to Australia VANCOUVER (NEWS1130) – Are you concerned there won’t be any cash left in the Canada Pension Plan by the time you retire? A right wing think tank says Canada might be able to borrow a few ideas from the system that’s used in Australia. “Australia doesn’t have a Canadian Pension Plan equivalent,” explains Sean Speer