Recent Business Headlines
at 16:11 on April 24, 2014, EDT.
C.D. Howe report says temporary foreign workers program has boosted joblessness
OTTAWA - A new report by the C.D. Howe Institute is harshly critical of the federal government's controversial temporary foreign workers program, saying it has spurred joblessness in western Canada.
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at 15:58 on April 24, 2014, EDT.
Quebec's 2013-14 deficit jumped to $3.1 billion from $2.5 billion: Couillard
QUEBEC - Quebec's new premier says the province's deficit for the most recent fiscal year is $600 million more than projected.
at 15:31 on April 24, 2014, EDT.
FDA approves Roche genetic test as an alternative to pap smear for cervical cancer screening
WASHINGTON - Federal health regulators have cleared a genetic test from Roche as the first U.S.-approved alternative to the pap smear, the decades-old mainstay of cervical cancer screening.
at 15:15 on April 24, 2014, EDT.
A look at what farmers expect to plant this crop year
OTTAWA - A Statistics Canada survey between March 24 and March 31 asked 11,500 farmers in Quebec, Ontario, Manitoba, Saskatchewan and Alberta about their planting intentions for grains, oilseeds and specialty crops.
at 11:59 on April 24, 2014, EDT.
Caterpillar's 1st quarter profit climbs 5 per cent, 2014 forecast also rises
Caterpillar's first-quarter earnings rose 5 per cent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results.
at 15:07 on April 24, 2014, EDT.
General Motors 1Q results worst since 2009 due to recall costs; CEO says sales holding up
DETROIT - The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales.
at 14:59 on April 24, 2014, EDT.
Canadians can bank on low interest rate environment for years to come: Poloz
OTTAWA - Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — perhaps years — even after the economy returns to full capacity and the Bank of Canada starts hiking interest rates, bank governor Stephen Poloz said Thursday.
at 14:43 on April 24, 2014, EDT.
Earnings news, miners support TSX, traders cautious amid worsening Ukraine crisis
TORONTO - The Toronto stock market was higher mid-afternoon Thursday amid positive earnings news and despite rising tensions between Russia and Ukraine.
at 14:14 on April 24, 2014, EDT.
Sherritt says Glass Lewis recommends backing company board nominees
TORONTO - Proxy advisory firm Glass, Lewis & Co. has recommended clients support the Sherritt International Corp.'s director nominees and resolutions in the mining company's fight with a dissident shareholder group.
at 13:50 on April 24, 2014, EDT.
Marlboro maker Altria's 1Q profit falls on lower cigarette sales, year-ago comparison
RICHMOND, Va. - Altria Group Inc.'s first-quarter profit dropped 15 per cent as the Marlboro maker sold fewer cigarettes and its year-ago results benefited from lower expenses from a longstanding legal settlement.
at 13:22 on April 24, 2014, EDT.
Money matters: Alberta government passes $43-billion budget for 2014-15
EDMONTON - The Alberta government has officially approved its $43-billion budget for 2014-15.
at 13:19 on April 24, 2014, EDT.
Shaw chases listeners in partnership with streaming music company Rdio
Shaw Communications Inc. (TSX:SJR.B) is getting into the streaming music business through a partnership with digital service Rdio.
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