Sherritt bets $1.6B worth of stock on nickel
Date: Fri, 20 Apr 2007 16:40:14 EDT

Sherritt International Corp. has moved to strengthen its position in nickel by buying Dynatec Corp. with stock in a deal valued at $1.6 billion.

Canadian dollar tops 89 cents US
Date: Fri, 20 Apr 2007 16:52:22 EDT

The Canadian dollar closed above 89 cents US Friday as commodities strengthened and a report showed retail sales rose in February.

Mortgage insurance change makes home buying easier: bankers
Date: Fri, 20 Apr 2007 18:20:26 EDT

A federal law that lowers the level where mortgage insurance is required came into effect Friday, and bankers say the change could save many homebuyers $2,000 or more.

Voisey's Bay mine not deterred by strike: company
Date: Fri, 20 Apr 2007 14:37:28 EDT

Voisey's Bay Nickel says it will be able to maintain production, despite a strike involving support workers and another labour dispute on the horizon.

Laperriere & Verreault stock surges on deal
Date: Fri, 20 Apr 2007 16:33:48 EDT

Montreal equipment maker Groupe Laperriere & Verreault Inc. is splitting into two units, selling one operation to a Danish company for $850 million and putting its other businesses into a new company which current shareholders will own.

Online sales rise for 5th straight year: StatsCan report
Date: Fri, 20 Apr 2007 12:25:35 EDT

Canadian companies reported online sales of almost $50 billion last year, a 40 per cent surge from the previous year, according to a Statistics Canada report released Friday.

February retail sales got the blahs
Date: Fri, 20 Apr 2007 13:00:44 EDT

Retail sales were essentially flat in February, edging upward by just 0.1 per cent to about $33.3 billion, Statistics Canada says.

Prosecutors at Black trial dispute defence disclosure explanation
Date: Fri, 20 Apr 2007 15:27:04 EDT

Hollinger International executives chose to disclose contested non-compete payments only because it was a requirement for future financings, prosecutors at Conrad Black's fraud trial suggested Friday.

Software update brought down BlackBerry e-mail: RIM
Date: Fri, 20 Apr 2007 09:00:33 EDT

A problem with a software update caused the disruption to the BlackBerry wireless e-mail system that left millions of customers without access to their messages earlier this week.

Cash-poor families drawn to payday loans
Date: Fri, 20 Apr 2007 12:20:20 EDT

Families who have been turned down for credit cards and have little savings are more likely to use payday loans than those with more financial options, a new study concludes.

Flaherty cool to NDP plan to stop ABM 'gouging'
Date: Thu, 19 Apr 2007 17:52:28 EDT

An NDP private member's bill to stop banks from charging fees for basic services at ABMs doesn't appear to be attracting much support from the government.

Google's profits blow away expectations
Date: Thu, 19 Apr 2007 17:05:10 EDT

Google reported a 69-per-cent surge in first quarter earnings, after the market closed on Thursday.

Alberta budget promises record $33B in spending
Date: Thu, 19 Apr 2007 21:26:04 EDT

The Alberta government is spending a record $33 billion this year - pumping billions into schools, roads and health care - and still expecting a $2 billion surplus.

Gas prices fuel jump in March inflation
Date: Thu, 19 Apr 2007 10:06:58 EDT

Consumer prices rose at an annual rate of 2.3 per cent in March, mainly because of higher gasoline prices, Statistics Canada said Thursday.

March commodity prices a record: Scotiabank
Date: Thu, 19 Apr 2007 15:34:19 EDT

Commodity prices hit a record in March, with agriculture leading the way supported by metals and petroleum, the Bank of Nova Scotia said Thursday.


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