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Canada's core inflation jumps, boosting loonie
Canada’s core inflation rate rose more-than-forecast in February giving another boost to the loonie on speculation the Bank of Canada may be forced to hike interest rates to control inflation. Full Story
Lehman accounting tricks possibly illegal
A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.
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Nexen, Shell find oil in Gulf of Mexico
Oil and gas producer Nexen Inc. (TSX:NXY) and partner Royal Dutch Shell (NYSE:RDS.A) have made a “significant” oil discovery in the eastern Gulf of Mexico, Nexen said Friday.
Full Story
Quebec construction workers head west
A group of Quebec tradesmen have come to the Alberta
oilsands for work, claiming they're being discriminated against in their own
province because they don't belong to the right union.
Full Story
One snowmobiler has been killed and RCMP expect more may be buried after the second deadly avalanche in a week hit the backcountry near Revelstoke B.C. Friday. Full Story | More at CNEWS
Thinking about a holiday destination? The soaring loonie may be opening up a world of possibilities, making travellers' budgets in some of Canada's most popular holiday spots, in particular the U.K. and Europe, stretch further. Full Story
With the Canadian dollar rising toward parity in recent days and oil trudging higher over the last few months, the days of pricey gas might seem to be once again close at hand. Full Story
Boeing, the world’s second-biggest airplane manufacturer, sees global passenger jet demand improving but it could be a while before rival Bombardier sees its aerospace business pick up, according to analysts. Full Story
For the super-rich and everyone else, the economic recovery is taking place in two very different gears. Full Story
Canadian National Railways said Friday a federal arbitrator has awarded a 6.8% wage increase over three years to locomotive engineers who participated in a five-day strike late last year. Full Story
Barrick Gold Corp, the world’s biggest gold miner, said it will sell shares in its African Barrick Gold spinoff for 5.75 British pounds ($8.70 US) each. Full Story
A last minute rush to qualify for the Home Renovation Tax Credit pushed retail sales up 0.7% in January, according to government data released Friday. Full Story
Activist shareholder Carl Icahn raised the stakes in his yearlong dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending. Full Story
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