Friday, November 28th-1.9°C

Ferguson-related protests move to retail stores in St. Louis area, planned across nation

Nov 28, 2014 / 9:44 am

FERGUSON, Mo. - Demonstrators sought to catch the attention of shoppers looking for good deals on Friday, going to major retailers around the St. Louis area to speak out about a grand jury's decision not to indict the police officer who fatally shot Michael Brown.Other Black Friday protests were...

1 in 3 Canadians relying strictly on online shopping for holiday gifts: poll

Nov 28, 2014 / 9:44 am

TORONTO - A growing number of Canadians plan to do all of their holiday shopping online this year to avoid stepping foot in maddening malls, suggests a new survey commissioned by Google.About one in three of the Canadians polled online by Ipsos Reid said they would rely on e-commerce to purchase...

What's happening around the country as the holiday shopping season kicks off

Nov 28, 2014 / 9:42 am

NEW YORK, N.Y. - Black Friday has become the part two of the kick-off to the holiday shopping season, with stores opening earlier on Thanksgiving.Here's a look at what's happening around the country:___Ferguson Protesters Call for BoycottProtesters are speaking out on Black Friday about a grand...

Canada disappointed U.S. is appealing WTO COOL meat-label ruling

Nov 28, 2014 / 8:56 am

The United States is appealing a World Trade Organization ruling that found the country's meat-labelling laws discriminate against Canadian beef and pork exports.The ruling last month found that changes the U.S. made to its country-of-origin policy violate trade rules because it treats Canadian and...

Loonie lower: plunging oil prices trump better than expected Q3 economic growth

Nov 28, 2014 / 8:52 am

TORONTO - The Canadian dollar was sharply lower for a second session Friday even as economic growth for the third quarter came in much better than expected. The loonie fell 0.60 to 87.65 cents US as Statistics Canada reported that third quarter gross domestic product ran ahead at an annualized...

TSX racks up more declines as energy stocks sell off on oil price collapse

Nov 28, 2014 / 8:52 am

TORONTO - The Toronto stock market extended its losses Friday as energy stocks continued to sell off in the wake of a collapse of oil prices while miners and copper prices fell heavily on Chinese economic concerns. The S&P/TSX composite index dropped 85.06 points to 14,837.38 on top of a...

Frenzied shoppers: Black Friday problems hit Britain

Nov 28, 2014 / 7:38 am

LONDON - Americans celebrating Thanksgiving in Britain may have felt right at home as Black Friday shopping chaos caused disruptions.The practice of offering bargain basement prices the day after Thanksgiving has spread across the Atlantic, with some retailers opening overnight to lure...

Canada's economy grows at 2.8 per cent annual pace in third quarter

Nov 28, 2014 / 7:30 am

OTTAWA - The Canadian economy grew at a faster than expected pace in the third quarter, but economists cautioned Friday about the impact of lower oil prices on growth in the coming months. Statistics Canada said the economy grew at an annualized pace of 2.8 per cent in the third quarter. The...

US stock indexes open mixed as benchmark crude falls; airlines up but energy shares fall

Nov 28, 2014 / 6:44 am

NEW YORK, N.Y. - U.S. stocks are opening mixed as tumbling oil prices weigh on energy shares but give a lift to airlines and delivery companies.The Dow Jones industrial average rose 18 points, or 0.1 per cent, to 17,845 as of 9:35 a.m. Eastern time Friday. The Nasdaq climbed seven points, or 0.1...

BCE Inc. buying wireless retailer Glentel Inc. in deal worth $670 million

Nov 28, 2014 / 6:32 am

MONTREAL - BCE Inc (TSX:BCE) says it's buying wireless phone retailer Glentel Inc. (TSX:GLN) in a deal valued at $670 million in stock, cash and debt.Glentel has nearly 500 locations across Canada, selling wireless products and services from a variety of carriers including Bell Mobility, Rogers...

Enbridge buys 80 per cent stake in U.S. wind power farms from E.ON

Nov 28, 2014 / 6:26 am

CALGARY - Enbridge Inc. (TSX:ENB) says it's acquiring an 80 per cent interest in two wind farms in Texas and Indiana.The Calgary-based energy company is buying the stake from E.ON, a German power and gas company.The companies valued the wind farms near Harligen, Texas and Elwood, Ind., at a total...

Black Friday crowds hit stores, but Thanksgiving bargain-hunting takes frenzy down a notch

Nov 28, 2014 / 6:24 am

NEW YORK, N.Y. - Stores are welcoming a second wave of shoppers in what has become a two-day kickoff to the holiday shopping season. The big question: How much the Thanksgiving shopping will hurt Black Friday, which is relinquishing its status as the frenzied start of the holiday shopping...

Businesses beyond the oilpatch taking crude price slump in stride

Nov 28, 2014 / 6:00 am

CALGARY - For International Motor Cars, a luxury dealership in Calgary, the oilpatch is big business.But as crude prices have shifted into a lower gear, so too has demand for posh rides from energy industry customers, said general sales manager David Baker.Baker figures the dealership has sold 30...

Police arrest 118 people around the world following global airline ticket fraud investigation

Nov 28, 2014 / 5:52 am

THE HAGUE, Netherlands - Police around the world have arrested 118 suspects in a global investigation into online fraud that targets the travel industry, a crime said to cost airlines $1 billion a year.European Union police co-ordination agency Europol said the arrests were made during two days of...

Premiers Wynne, Prentice agree to meet to discuss Energy East pipeline project

Nov 28, 2014 / 5:38 am

TORONTO - Concerns raised by Central Canada over the proposed Energy East pipeline project should not deteriorate into provincial infighting, Ontario Premier Kathleen Wynne said Thursday after a telephone chat with Alberta Premier Jim Prentice."I certainly hope not," Wynne said in an interview with...

As energy prices slide, inflation across the 18-country eurozone dips to 0.3 per cent

Nov 28, 2014 / 3:22 am

LONDON - A fall in energy costs as a result of dramatic declines in oil markets has pushed inflation across the 18-country eurozone down to 0.3 per cent in the year to November, official figures showed Friday. Preliminary numbers from the European Union's statistics agency, Eurostat, showed...

Quebecor buys the QMJHL's Remparts:

Nov 27, 2014 / 7:52 pm

QUEBEC - Quebecor Inc. has become the new owner of the Quebec Remparts in what it hopes is a step in the right direction to get an NHL franchise.Gilles Courteau, commissioner of the Quebec Major Junior Hockey League, announced the deal at a news conference on Thursday acompanied by Quebecor CEO...

Lower prices, no major power outages in Alberta in 2014: electricity operator

Nov 27, 2014 / 2:00 pm

CALGARY - The organization that oversees Alberta's electricity says wind power and a new natural gas plant helped meet growing demand this year at a lower price to consumers.The Alberta Electric System Operator (AESO) says the increased supply of power also meant no major outages.But with the...

Dipomats say WTO reaches trade deal to cut red tape, lift millions out of poverty

Nov 27, 2014 / 1:46 pm

GENEVA - After many years of talking, the World Trade Organization pulled off a major deal Thursday that the body said could boost global commerce by $1 trillion annually.Diplomats said the deal is the first multilateral trade agreement in the organization's 20-year history. Agreement has been...

Most actively traded companies on the TSX

Nov 27, 2014 / 1:44 pm

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,922.44, down 115.97 points): Suncor Energy Inc. (TSX:SU). Oil and gas. Down $2.21, or 5.66 per cent, to $36.86 on 7.7 million shares. Twin Butte Energy Ltd. (TSX:TBE). Oil...

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Don't stop dreaming!

On Wednesday evening I drove through the Bow Valley in Alberta. It is my old home town... the first place Jackie and I moved to in 1988 when we emigrated. We ended up setting up home there and living...

Second marriage issues

It is not unusual that one or both of the parties planning to marry are approaching marriage for the second time. There are pluses and minuses to this new situation. On the plus side, individuals ente...

The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...




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