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  • Canada's most wealthy: Thomson, Weston family fortunes see double-digit growth

    November 21, 2013 1:45 PM 53

    TORONTO -- The Thomson and Weston families have seen double-digit growth in their net worth since last year, according to an annual ranking of Canada's wealthiest people. Canadian Business magazine estimates the Thomson family's net worth has grown to 26.1 billion, up 30 per cent from $20.1 billion last year. The Thomson family has long topped annual

  • Bitcoin now accepted as tuition payment at a Cyprus university

    November 21, 2013 1:39 PM 49

    The University of Nicosia in the island nation of Cyprus will accept the virtual currency Bitcoin as payment for tuition and other school fees. The largest university in Cyprus said it will also offer a master's degree in digital currency next spring designed to increase understanding of "the technical underpinnings of digital currency." "While digital

  • MacDonald, Dettwiler gets go-ahead for work on U.S. space project

    November 21, 2013 12:19 PM 51

    VANCOUVER -- MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has received several U.S. government contracts for advanced technology projects, including work related to the Phoenix program for reusing parts from old communication satellites that are circling the earth. Among other things, the Vancouver-based company -- supplier of robotic arms used on the International

  • Kathy Dunderdale OK with leadership finance disclosure

    November 21, 2013 11:31 AM 46

    Newfoundland and Labrador Premier Kathy Dunderdale says she is willing to look at mandatory disclosure rules of financing for party leadership races. Speaking with reporters after a Progressive Conservative fundraiser on Wednesday night in St. John's, Dunderdale said she is willing to look at having Elections Newfoundland and Labrador take charge of overseeing

  • World’s Biggest Bookstore closes February, sold to developer

    November 21, 2013 11:01 AM 43

    Cole family is selling World’s Biggest Bookstore, a Toronto landmark since 1980, to developer behind the Four Seasons Hotel and Liberty Market Lofts. The downtown site that is home to the World’s Biggest Bookstore is being sold to a developer, and the bookstore will close in February. “We’re acquiring it soon. We don’t have any finalized plans or intentions

  • Canadians are using social media to find jobs, says global study

    November 21, 2013 1:40 AM 61

    The study, commissioned by U.S. human resources firm Kelly Services, found that 39 per cent of Canadians polled have been contacted through a social media website or network in the last year about a possible job opportunity. Of those surveyed, 14 per cent of Canadians said they were hired after having been contacted via websites like LinkedIn, Twitter

  • Drilling rights bonanza turns into a bust

    November 20, 2013 11:24 PM 54

    Alberta treasury gleans just $26 million as tracts of land fail to sell CALGARY — A great deal of land was nominated but big pieces of it failed to win bidders and the Alberta treasury earned only $26 million in Wednesday’s drilling rights auction. The sale had attracted plenty of attention because a two-year high of 396,000 hectares had been nominated

  • Health spending growth slows as economies struggle: OECD

    November 20, 2013 10:11 PM 50

    LONDON (Reuters) - Total health spending fell in one of three OECD nations between 2009 and 2011, with poor people in countries hardest hit by the financial crisis at risk of longer-term problems due to reduced access to medicines and check-ups, the OECD said on Thursday. The drop is a sharp reversal of strong growth in health spending in the years prior

  • Organic food market growing steadily

    November 20, 2013 9:26 PM 44

    The industry is now worth over $3.5 billion a year VANCOUVER (NEWS1130) – Canada’s organic market has been experiencing massive growth over the last few years. Since 2009, when the Canadian government put in place mandatory standards for organic food and the market has grown to the fourth largest in the world. The new report “Canada’s Organic Market

  • TTC board to debate proposed fare increase today

    November 20, 2013 8:50 PM 51

    The cost of riding the “rocket” is poised to increase as TTC board members debate a proposed fare hike at a special meeting Wednesday. In addition to the token increase, board members are being asked to approve one of two options to offset “inflationary increases” in costs: an increase in cash fares, which have been frozen since 2010, or a one-trip increase