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  • Ivanhoe blames regulator for delay on $1.37-billion project

    December 16, 2013 7:28 PM 19

    But AER says no policy changes coming on shallow project reviews CALGARY — An oilsands company says it will reconsider its initial $1.37-billion, 20,000-barrel-per-day thermal project north of Fort McMurray because of delays it blames on a pending Alberta regulatory policy change. But a spokesman for the Alberta Energy Regulator says no policy change

  • Transcona housing project gets government funding boost

    December 16, 2013 6:07 PM 28

    Three levels of government will invest in a new multi-generational rental housing project in Transcona. When complete, The Paul E. Martin Estates at 840 Ravelston Ave. will add 92 units of affordable housing to the Winnipeg market. The extra housing will offer some relief to the tight housing market in the area. “Transcona has a vacancy rate near zero per cent in terms

  • TSX up amid strong manufacturing data and upcoming U.S. Fed meeting

    December 16, 2013 5:26 PM 67

    TORONTO -- The Toronto stock market registered a solid advance Monday amid strong manufacturing data from the U.S. and Europe. Traders also looked ahead to the major economic event of the week -- the U.S. Federal Reserve's meeting Wednesday when markets may find out what the central bank intends to do about cutting back on a key area of stimulus

  • Interactive Map Tracks Lac Megantic’s Tragic ‘River Of Burning Oil’

    December 16, 2013 4:53 PM 19

    The Toronto Star on Saturday published an incredibly thorough and ultimately heartbreaking look at ongoing recovery efforts in Lac-Mégantic, Quebec, which in July experienced the fourth deadliest rail accident in Canadian history. Forty-seven people were killed after a 72-car freight train carrying Bakken formation crude oil derailed, resulting in fires

  • Most Canadians say they weren't better off financially in 2013: Sun Life survey

    December 16, 2013 11:41 AM 17

    TORONTO -- Sun Life Financial says 2013 wasn't a great year financially for most Canadians. An Ipsos Reid survey conducted in November for Sun Life found that, overall, 57 per cent of Canadians felt they were not any better off financially than they were a year ago. Those feelings were even stronger among women and those aged 55 and older, with 61 per cent of both groups

  • Water main break closes Lawrence subway station

    December 16, 2013 11:35 AM 11

    A water main break has shut down Lawrence station on the TTC's Yonge subway lane. Trains are bypassing Lawrence station in both directions and shuttle buses are operating between Eglinton and York Mills station.

  • Europe lifted by PMI data, China wobble hits Asia

    December 16, 2013 10:22 AM 21

    LONDON (Reuters) - Robust German PMIs helped Europe shrug off some mixed Asian data on Monday, though caution remained much in evidence just days away from what looks set to be a very close call on the fate of U.S. monetary stimulus. European stocks started the week in better form than they ended on Friday, as an upturn among Germany's export-oriented

  • Temporary foreign workers debate shines light on labour shortage in mining industry

    December 15, 2013 8:33 PM 17

    VANCOUVER -- Glen Paul still remembers his first week on the job at a copper-gold mine in British Columbia's Interior -- a position, he says, he landed three years ago as a "fluke" after taking a course to operate heavy machinery. Paul says he didn't start his training with a specific plan to end up in the mining industry, but there he was at the New Afton

  • Ottawa, provincial finance ministers set for showdown on CPP enrichment

    December 15, 2013 12:41 AM 17

    OTTAWA -- Finance ministers from across Canada are heading toward a showdown in the next two days on an issue they've kicked around for years -- whether to boost the Canada Pension Plan to ensure seniors have adequate income for the rest of their lives. The topic is on Monday's agenda for the concluding session of a federal-provincial meeting that starts

  • Loblaw recalls outdoor Christmas lights

    December 14, 2013 10:47 PM 12

    Loblaw is voluntarily recalling three types of outdoor Christmas lights due to the possibility of loose or exposed wires. There have been no reported injuries, but there is a risk of electrical shock, electrocution or fire, according to a statement released by the company Saturday. The lights were sold between September and December of this year at Loblaws