The Toronto Stock Exchange’s main index ended little changed Monday, pressured by a selloff in banking shares that overshadowed the boost provided by surging commodity prices.
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Oil jumped more than US$4 to a record high over US$120 a barrel on Monday on the weaker U.S. dollar and supply concerns from OPEC members Nigeria and Iran.
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Shermag Inc. said Monday that it has won creditor protection from the Québec Superior Court giving the furniture maker time to continue its restructuring efforts.
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Canadian Auto Workers President Buzz Hargrove has steered a collision course with General Motors Corp., saying he will not sign a new labour contract with GM unless the company pledges new vehicle and parts programs for its Ontario factories.
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The Citigroup analyst whose calculations were hotly disputed by Royal Bank of Canada last week has gone back to her spreadsheets and halved her estimate of RBC’s potential credit crunch writedowns.
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Shares of the Internet giant fell the most in almost two years on the Nasdaq after Microsoft abandoned its US$44.6-billion takeover of the Internet search company because executives couldn’t agree on a price.
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Alberta’s minimum wage might have recently jumped up to $8.40 an hour, but it won’t help small business owners entice more workers in the city’s tightening labour market, says Connie Johnson, director of Vibrant Communities Calgary, a non-profit, anti-poverty organization.
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With crude oil prices hitting record highs almost daily and
gas hovering near $1.20 a litre across the country, you would think
Canadians would again be crying foul. Yet consumers are strangely
quiet, even as the country heads into prime driving season amid
warnings of $1.50-a-litre prices. Outrage seems to largely have been
replaced by resignation as consumers pay up at the pump.
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Grant Malcolm’s business card may have said he was just another employee in Livent’s accounting department. But in reality, the theatre company’s production controller was “instrumental” in cooking Livent’s books and running a “large-scale accounting fraud” directed by his top bosses, Garth Drabinsky and Myron Gottlieb, the pair’s long-awaited fraud trial was told on Monday.
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FinalCall.comSolving Asia's Food CrisisWall Street Journal - 14 hours agoSeveral short-term cyclical and long-term structural factors have combined to spark the recent surge in the prices of rice and other cereals. …Japan pushes rice as solution to food fears Daily TimesTAKE A LOOK-Food price inflation Reuters IndiaNews from the food front Vancouver SunThe Post - Livemintall 23 news articles
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