May 28, 2008

ABCP parties agree to allow fraud lawsuits

The parties involved in a lengthy attempt to fix Canada’s $32 billion non-bank asset-backed commercial paper market have proposed allowing certain claims of fraud to proceed.

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Telecom competition good for consumers, tough for industry

Canada’s telecommunications industry will grow at a moderate pace in the next four years on the back of demand for wireless services. But business conditions will be challenging, with profits under pressure from growing competition, a Conference Board of Canada report has found.

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Toronto stocks boosted by bounce in resources

The Toronto Stock Exchange’s main index rallied Wednesday, propelled by a rebound in resources as oil prices bounced back from an earlier retreat.

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Canadian dollar gets boost from oil, bonds fall

The loonie ended its four-day losing skid to end higher against its U.S. counterpart on Wednesday, as oil prices rebounded, giving a boost to the commodity-linked currency.

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Cross-border shopping losing its appeal

The tide of shoppers heading south of the border is turning as Canadians grow accustomed to a currency at par with the U.S. dollar.

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Oil rebounds over US$131 a barrel

Light crude rose US$2 to more than US$131 a barrel Wednesday, rebounding from a sharp drop that had been triggered by concerns about a slowdown in world energy demand.

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Sex and the City (economy)

Chronicling the travails and triumphs of four single Manhattan women, the hit HBO show spawned a devoted female following and later a cottage industry that has generated hundreds of millions of dollars in revenue–and not just for the media giant. From booze shakers to shoe makers, businesses continue to cash in on Sex’s enduring appeal.

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What not to do in job interviews

It may not be necessary to say this, but you should avoid asking for a cigarette from someone who’s interviewing you for a job. And just for good measure, try to stay awake during the interview.

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TD profit dip ‘disappointing’: Clark

Toronto-Dominion Bank turned in a flat second quarter 2008 Wednesday as profits slipped 3% from $879-million, or $1.20 a share to $852-million or $1.12 a share.

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Release the Rice (II) - Washington Post

Release the Rice (II)Washington Post, United States - May 26, 2008Now that higher commodity prices are here, probably to stay, it's time to push for free trade in rice throughout Asia, Japan included.

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