July 9, 2008

Inflation under control in Canada, says Harper

Canadian Prime Minister Stephen Harper said inflation is not the chief concern for the world’s eighth-largest economy and indicated interest rates haven’t become overly accommodative following a series of cuts.

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Investment managers turn bearish on Canadian stocks

There’s been a turnaround in North American market sentiment with investment managers turning bullish on the U.S. stock market but more bearish on Canada’s, according to survey results released Wednesday.

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Prentice demands Bell, Telus explain text-message pricing

Industry Minister Jim Prentice on Wednesday publicly demanded an explanation from two of the country’s telecommunications giants to clarify their “ill-thought” decision to start charging their cellphone customers for incoming text messages

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RBC’s writedowns could double to more than $3B: analyst

Canada’s largest bank credit crunch writedowns could double to more than $3-billion according to a report issued Wednesday.

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Ottawa to tighten mortgage rules

The federal government has cracked down on the mortgage industry with new rules that will make it more difficult for consumers to borrow.

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Rogers bends a little on iPhone pricing

Following criticism that its prices were too high for service plans for the eagerly anticipated Apple iPhone 3G, Canada’s Rogers Communications Inc has rolled out a promotional six-gigabyte data plan for $30.

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Many feel unappreciated at work: survey

It seems that job satisfaction in Canada is on the rise, with 66% of employees saying they are satisfied with their job, according to a survey released by an online job site Wednesday.

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Toronto stocks slump in broad retreat

A late day retreat pulled the Toronto Stock Exchange’s main index into an official correction Wednesday, as it dropped almost 200 points amid worries over the economic outlook and weaker second-quarter results.

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Lord & Taylor parent may buy Hudson’s Bay

NRDC Equity Partners LLC, owner of the U.S. department store chain Lord & Taylor, is in talks to acquire Hudson’s Bay Co. in a deal that would bring together North America’s two oldest department stores, industry sources say.

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Czech Republic, US ink defence pact - Hindu

ABC NewsCzech Republic, US ink defence pactHindu, India - Jul 8, 2008US Secretary of State Condoleezza Rice said the shield is a good deal for the Czech Republic and for Poland, where the US hopes to place another part of the …Video: Interview with Ariel Cohen RussiaTodayall 1,536 news articles

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