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Talisman eyeing Scottish vote, but says North Sea faces bigger challenges

Sep 18, 2014 / 10:30 pm

BANFF, Alta. - Of all the issues Talisman Energy Inc. has been grappling with in the North Sea, the prospect of Scottish independence wasn't at the top the list, CEO Hal Kvisle said Thursday before Scots voted to stay in the United Kingdom.Polls had suggested a razor-thin margin between the pro-...

Home Depot eliminates malware that affected 56 million credit cards

Sep 18, 2014 / 5:34 pm

TORONTO - Home Depot said Thursday that 56 million payment cards used at its American and Canadian stores between April and September were compromised by a type of criminal software that hadn't previously been seen in other attacks.The Atlanta-based home improvement retailer said any terminal with...

Oracle co-founder Larry Ellison ends 37-year reign as CEO, turns over job to top lieutenants

Sep 18, 2014 / 4:56 pm

SAN FRANCISCO - Oracle co-founder Larry Ellison is stepping aside as CEO after 37 years at the helm of the business software maker, ending a colorful reign marked by his flamboyant behaviour and outlandish wealth amassed while building one of the world's best-known technology companies.With the...

Costco Canada shuffles cards: Capital One, MasterCard trump American Express

Sep 18, 2014 / 3:54 pm

TORONTO - Costco Wholesale Canada is switching credit card partners at the end of this year.Capital One says it will offer a co-branded MasterCard on an exclusive basis with Costco Canada, which will end its 15-year-old relationship with American Express on Dec. 31.MasterCard Canada has also...

Saskatchewan cabinet minister resigns, takes top job with oil and gas lobby group

Sep 18, 2014 / 2:38 pm

REGINA - A Saskatchewan cabinet minister who resigned Thursday to become president of the Canadian Association of Petroleum Producers says there won't be a conflict between his old job and the new one.Tim McMillan has promised not to personally lobby the province for one year, a provision set in...

No quick solution to Ukraine's energy woes, Canada and U.S. officials say

Sep 18, 2014 / 1:58 pm

OTTAWA - Canadian and U.S. assistance to Ukraine on the energy file will be limited to technical help, at least for the time being.The eastern European country's natural gas stores are in a precarious position due to the ongoing conflict with Russia and there have been suggestions that Canada and...

Canadian Press NewsAlert: Home Depot says 56M cards affected in data breach

Sep 18, 2014 / 1:54 pm

NEW YORK, - Home Depot says 56 million payment cards affected by data breach between April and September.More to come
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Most actively traded companies on the TSX

Sep 18, 2014 / 1:52 pm

Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,465.54, up 6.66 points):B2Gold Corp. (TSX:BTO). Miner. Down three cents, or 1.29 per cent, to $2.30 on 8.0 million shares.Manulife Financial Corp. (TSX:MFC). Insurance. Up 34 cents, or 1.54...

Toronto stock market unchanged as markets await Scotland referendum results

Sep 18, 2014 / 1:46 pm

TORONTO - The Toronto stock market closed almost unchanged Thursday amid an independence referendum in Scotland that had the potential to send ripples across global markets.The S&P/TSX composite index gained 6.66 points to 15,465.54. The Canadian dollar found strength, jumping 0.47 of a cent to...

JetBlue airliner returns to Southern California airport after engine problem; no injuries

Sep 18, 2014 / 1:38 pm

LONG BEACH, Calif. - A JetBlue airliner experienced engine problems and returned to the Long Beach Airport on Thursday after a short flight that ended with passengers evacuating onto the runway using the plane's emergency slides.None of the 142 passengers and five crew members was injured during...

Loonie gains half a cent after Fed statement; attention turns to CPI figures

Sep 18, 2014 / 1:36 pm

TORONTO - The Canadian dollar rallied Thursday in the wake of the news that the U.S. Federal Reserve remains in no hurry to raise its record-low interest rates.The loonie jumped 0.47 of a cent to 91.35 cents US.The U.S. central bank reassured markets Wednesday that it plans on keeping its key...

US stocks end at record highs after drop in jobless claims and Fed meeting

Sep 18, 2014 / 1:12 pm

NEW YORK, N.Y. - The U.S. stock market is closing at record highs following another piece of good news on the economy.The Standard & Poor's 500 index rose nine points, or 0.5 per cent, to close at a record 2,011 on Thursday. The Dow Jones industrial average climbed 109 points, or 0.6 per cent,...

Penn West boosts oversight of accounting staff following accounting review

Sep 18, 2014 / 1:10 pm

CALGARY - Penn West Petroleum Ltd. said Thursday it has boosted oversight and training of its finance and accounting staff after an internal review flagged hundreds of millions of dollars in improperly classified expenses.On a conference call to discuss Penn West's (TSX:PWT) belatedly released...

Canada to host top European Union leaders for summit this month

Sep 18, 2014 / 1:06 pm

GRIMSBY, Ont. - Two senior members of the European Union will be in Canada later this month for what is billed as a Canada-EU summit.Prime Minister Stephen Harper says Herman Van Rompuy, President of the European Council, and Jose Manuel Barroso, President of the European Commission, will be in...

Canada to catch up to world with new airline baggage and other ancillary fees

Sep 18, 2014 / 12:38 pm

MONTREAL - Air Canada, as expected, is joining rival WestJet Airlines in charging passengers a fee to check their first bag on domestic flights as the two airlines also finalize plans to introduce other ancillary fees in a move to boost revenue.The new fee being charged by Air Canada (TSX:AC.B)...

European Central Bank hands out first batch of cheap loans to banks in stimulus effort

Sep 18, 2014 / 11:24 am

FRANKFURT - The European Central Bank has launched a new stimulus program aimed at getting banks to lend more — but low demand for the first round of its super-cheap loans suggests the difficulty the ECB faces in reviving the economy.The central bank for the 18-country eurozone on Thursday...

Applications for US jobless aid drop sharply to 280K, sign of a stronger job market.

Sep 18, 2014 / 11:24 am

WASHINGTON - The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.The four-week average of applications, a less volatile measure, fell 4,750 to 299,500, the Labor Department...

US home construction down 14.4 per cent in August; fewer ground breakings for apartments

Sep 18, 2014 / 11:22 am

WASHINGTON - U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.Construction fell 14.4 per cent in August to a seasonally adjusted annual rate of...

Samsung confirms it will release curvy Galaxy Note Edge in Canada next year

Sep 18, 2014 / 9:36 am

TORONTO - Samsung has confirmed its recently unveiled Galaxy Note Edge smartphone, which has a curved screen along one edge of the device, will be released in Canada.When the phone was announced alongside the Galaxy Note 4 earlier this month it wasn't clear if the device would be released in the...

Separation anxiety: Tips on how to switch banks but minimize hassle

Sep 18, 2014 / 8:36 am

TORONTO - Soured by problems with the bank he had been using for years, Johnny Hollick was looking for a good reason to take his money elsewhere, and a free iPad seemed like the perfect incentive. One of the other big Canadian banks was offering the tablet device — an...
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S&P TSX15465.54+6.66
S&P CDNX965.79-6.72
DJIA17265.99109.14
Nasdaq4593.426+31.237
S&P 5002011.36+9.79
CDN Dollar0.9129-0.0014
Gold1223.30-3.60
Oil92.93-0.14
Lumber349.00+1.00
Natural Gas3.958-0.017

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.32+0.07
Cantex0.060.00
Anavex Life Sciences0.2261-0.01
Metalex Ventures0.060.00
Russel Metals37.01+0.64
Copper Mountain Mining2.68-0.05
Colorado Resources0.175+0.005
ReliaBrand Inc0.024-0.003
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.30+0.01

 



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Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...


Power-save your way to a down payment

Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...


Price Guarantees

Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...

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