Canadians losing confidence in economy: survey
TORONTO (Reuters) ? Global financial uncertainty and slowing job creation made Canadians feel less optimistic about the economy last month, according to a Royal Bank of Canada survey. Less than a third - 32 percent - of Canadians felt positive about the outlook for the economy over the next year, down from 43 percent in January 2011, and from the 56 percent who were positive two years ago, the poll showed.
Analysis: Vancouver sky-high home prices set to fizzle not pop
VANCOUVER (Reuters) - Emily Yao admits to disappointment when her bid on a three-bedroom condominium in this desirable West Coast city was turned down last October. But a month later the systems programmer, who moved to Vancouver from mainland China six years ago, snapped up the still-unsold condominium on Vancouver's East Side for C$550,000 ($550,000), C$9,000 less than the original price tag.
Oil-rich Alberta says provincial deficit to fall
CALGARY, Alberta (Reuters) - The Canadian province of Alberta, the largest oil exporter to the United States, said on Thursday it expects to post a smaller budget deficit in the upcoming fiscal year as economic growth boosts revenue from taxes. The first budget under new Premier Alison Redford, expected to be the basis of her Progressive Conservative party's platform for a spring election, called for a deficit of C$886 million ($886 million) for the 2012-13 fiscal year that begins April 1, down from a forecast C$1.32 billion shortfall for the current year.
Air Canada says has to up game to match WestJet
BEIJING (Reuters) - Air Canada will have to improve its performance now that rival WestJet Airlines Ltd is moving into the regional market, the carrier's chief operating officer told Reuters on Thursday. WestJet shares rose more than 4 percent on Wednesday after the company said it expected to serve smaller Canadian destinations dominated by Air Canada - the nation's largest carrier - and other airlines before the end of 2013.
Internet firms aren't broadcasters: court
OTTAWA (Reuters) - Internet service providers are not broadcasters, and don't need to adhere to strict rules designed to boost Canadian content on domestic television and radio, the Supreme Court of Canada ruled on Thursday. The decision is a victory for telecommunications and Internet companies, including Bell Canada, Telus, Rogers Communications, Cogeco Cable and Bell Aliant, and a loss for Canadian performers and producers.
Canada's winter so tame, festival buys fake snow
WINNIPEG, Manitoba (Reuters) - The usually frigid Canadian city of Winnipeg - often nicknamed Winterpeg - has been so mild and dry this winter that a popular snow-sculpting competition has been forced to truck in 200 loads of fake flakes for this year's annual event. While Europe shivers through a severe cold snap that has killed hundreds of people, Winnipeg has enjoyed its third-mildest January in more than a century, with the average temperature a relatively balmy -10.8 Celsius (12.6 Fahrenheit).
Iran turns to barter for food as sanctions cripple imports
PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday. Difficulty paying for urgent import needs has contributed to sharp rises in the prices of basic foodstuffs, causing hardship for Iranians with just weeks to go before an election seen as a referendum on President Mahmoud Ahmadinejad's economic policies.
Air Canada posts bigger than expected loss
(Reuters) - Struggling with higher fuel and maintenance costs, Air Canada reported a bigger than expected quarterly loss on Thursday, disappointing investors in the wake of strong performances from fellow Canadian and U.S. airlines. Revenue growth did not keep pace with surging operating costs, Canada's biggest airline said, and its battered stock fell more than 12 percent to close at C$1.15 on Thursday, contributing to a full-year plunge of nearly 65 percent.
Enbridge won't offer natives better terms: CEO
BEIJING (Reuters) - Canada's Enbridge Inc will not offer better financial terms to aboriginal bands standing in the way of a major oil pipeline from energy-rich Alberta to the Pacific Coast, the firm's chief executive officer said on Thursday. Pat Daniel also told Reuters that while he was prepared to look at alternate routes for the Northern Gateway pipeline -- which is crucial to Canadian plans to export oil to China -- he felt the current routing plan was the best.
Canadian population growth fastest in G8: census
OTTAWA (Reuters) - The Canadian population grew by 5.9 percent over five years to 33.5 million people in 2011, the fastest growth rate in the Group of Eight leading industrialized nations, the country's five-year census revealed on Wednesday. Statistics Canada, which conducted the census, said net immigration accounted for two-thirds of the population growth rate in the past decade. This contrasts with the United States, whose recent growth has been mainly the result of natural increase, the difference between births and deaths.
mitt romney blake griffin cinnamon challenge lou dobbs rock salt david letterman marco rubio
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.