Business News Nov 2012

Yellow Media posts profit, print sales still hurt
Reuters Canada
(Reuters) – Canadian telephone directory publisher Yellow Media Inc (YLO.TO: Quote) reported a third-quarter profit, but lower print segment sales dragged revenue down again. Yellow Media has been struggling to stem a slide in sales in its print business as
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Will inflation keep boosting house prices? Don’t bet on it
Globe and Mail
With Canadian real estate prices near record highs and sales in many Canadian cities starting to weaken significantly, recent articles have sought to quell fears by reminding readers that housing is an excellent hedge against inflation. The argument is that
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Globe and Mail
Sixty years of feeding Montreal
Montreal Gazette
J&R Kosher serves up meat with a personal touch as it did in the good old days, but it’s turned to the Internet to secure its future J&R Kosher serves up meat with a personal touch as it did in the good old days, but it’s turned to the Internet to secure its future
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Canada slips to No. 2 in country ‘brand’ ranking (Hey, Canadian bacon?) Add to …
Globe and Mail
These are stories Report on Business is following Tuesday, Nov. 6, 2012. Follow Michael Babad and the Globe’s top business stories on Twitter. On being No. 2. Canada has slipped one notch, but still commands the No. 2 spot, in a ranking of countries as a
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Paul Delean: Quebec taxes school supplies, but not tuition
Montreal Gazette
Taxation of school supplies and pensions were among the topics raised in the latest batch of reader questions. Here’s what they wanted to know. Q: Are school supplies taxable? I seem to remember applying for and obtaining a tax refund at one time.
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Loonie advances as commodities rise, traders look to US vote
Globe and Mail
The Canadian dollar was higher Tuesday morning as commodity prices advanced and traders focused on an extremely tight U.S. presidential race. The loonie rose 0.24 of a cent (U.S.) to 100.57 cents. “Election day comes with the presidential race too close
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Globe and Mail
Hiram Walker land to become waterfront park
CBC.ca
The City of Windsor is working with Hiram Walker to convert land around the distillery into waterfront parkland. It would connect to the existing riverfront park, which runs west to the Ambassador Bridge. Hiram Walker no longer needs a 150-metre stretch of
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CBC.ca
Wells Fargo bolsters Canadian presence
Globe and Mail
U.S. banking giant Wells Fargo & Co. is bolstering its presence in the Canadian market, with a push into wholesale banking that looks to capitalize on the number of companies doing cross-border business. The fourth-biggest U.S. bank by assets is launching
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Globe and Mail
Alberta’s proposed energy bill would drive wedge between landowners, industry
Calgary Herald
EDMONTON — The Redford government’s proposed one-stop energy regulator bill pits landowners against oil and gas developers and needs significant changes before it will win support from Alberta’s Official Opposition, Wildrose Leader Danielle Smith said
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Letter: Noise from neighbour’s AC was disturbing
Montreal Gazette
Re: “Noise pollution: a blight that is on the rise” (Monday Letter, Nov. 5). David Bernstein is “spot on” regarding a problem I have dealt with all summer. Due to an extremely noisy air-conditioning unit (which ran constantly all summer on my adjoining
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Report blames blackouts on poor maintenance, not market manipulation
Calgary Herald
CALGARY — The province’s electricity watchdog says tens of thousands of Albertans endured rolling outages this summer because power stations shut down unnecessarily during hot weather. The Market Surveillance Administrator report released Monday
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Stephen Jarislowsky Stepping Down, Globe Says
Businessweek
Stephen Jarislowsky is stepping down as head of the Montreal-based investment firm he founded in 1955, the Globe and Mail reported. Jarislowsky, 87, will remain chairman of Jarislowsky Fraser Ltd., the newspaper reported, citing a company statement.
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Clark must defend $15-million TV ad blitz
The Province
The B.C. government ad blitz flooding the TV airwaves is costing you $15 million — and an untold amount of tooth enamel. I can’t imagine tapped-out taxpayers not grinding their teeth in anger every time they see one of these ads and think about how much
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Renters rip housing foundation
The Province
Low-income renters complained on Monday about one of Vancouver’s largest non-profit housing providers. Carrying signs with messages like: "Heck No We Won’t Go," a handful of tenants at Wallace Wilson House told reporters that rent increases are too
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Kinder Morgan making careful moves
Victoria Times Colonist
Three weeks after B.C. laid down the conditions for getting a pipeline endorsed, the president of Kinder Morgan wrote a six-page letter to Premier Christy Clark. It gives a glimpse of how the company – which is planning to twin an existing line to metro
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Software firm to open local office
Windsor Star
An automotive software and data-providing company is setting up shop in Windsor with 20 jobs and as many as 40 more to come in the next year. Autodata Solutions will begin its search for 20 consultants, software engineers, software technical leads and
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Line in sand drawn over Muskrat Falls debate
CBC.ca
In a letter dated Nov. 2 and obtained by CBC, government house leader Darin King asks NDP Leader Lorraine Michael to reveal the names of experts who have found evidence contrary to what the government has found to support the $7.4-billion hydro
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CBC.ca
New Canadian $20 bill goes into circulation tomorrow
CBC.ca
Canada’s new plastic $20 bills go into circulation tomorrow. The polymer bill is set to be issued less than a week before Remembrance Day, and pays tribute to the contributions and sacrifices of Canadian military men and women. The back of the bill features
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CBC.ca
Guest column: There’s nothing ‘Anglo’ about free markets
The Province
In the debate over whether China’s CNOOC, a partially state-owned energy company, should be given the go-ahead by Ottawa to take over Calgary-based Nexen, there is the danger that the discussion will be cast in an adversarial east-west context.
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Ontario teachers buy dental stake
Victoria Times Colonist
The Ontario Teachers’ Pension Plan has acquired a majority stake in Heartland Dental Care, one of the largest U.S. dental service companies, for an undisclosed amount. The pension fund said the deal was made through its private equity group, Teachers’
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Ontario malls to open early on Black Friday
CityNews
Some Ontario malls, including Toronto’s Eaton Centre, will open earlier on Black Friday to compete with U.S. retailers during one of the busiest shopping days in North America. The day after American Thanksgiving kicks off the holiday season and Canadian
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Patent licensing firm Wi-LAN sees net profits fall to US$2.2M in Q3
Winnipeg Free Press
OTTAWA – Wi-LAN Inc. (TSX:WIN) is reporting a drop in both revenue and profits in third-quarter. The Ottawa-based patent licensing firm says net income in the three months ended Sept. 30 was US$2.2 million or two cents per share, down from US$7.3 million
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Natural Gas Acquisitions Favored Over Oil Sands Potential
Resource Investing News
Natural Gas Acquisitions Favored Over Oil Sands Potential. Natural gas bulls were finally given good news with the confirmation that international energy majors are turning to Canadian natural gas acquisitions, not oil sands projects, as a means of meeting
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Iveson hopes U-pass deal buys time to get real transit costs
iNews880.com
Iveson hopes U-pass deal buys time to get real transit costs 1:10am. Click here to email Scott Johnston 11/6/2012. The city has four years of transit peace with the student unions at NAIT, the U of A and at MacEwan after a renegotiated fare increase was
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German industrial orders down as eurozone demand drops sharply
Global Edmonton
BERLIN – German industrial orders fell by more than expected in September as demand from the other 16 members of the group that uses the euro dropped, the Economy Ministry said Tuesday. Industrial orders fell 3.3 per cent in September over the previous
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Blogs 10 new results for "business news"
9 Ordinary Market Professionals and Their 15 Minutes Of ‘Fame’
Here’s a list of 9 financial markets professionals who became national news.
Business on Here Is The City
My Dad Cost Me $400m (But It’s OK)
Joe Green lived in the same dorm as Facebook co-founder Mark Zuckerberg and became his friend and hacking buddy. His Dad advised against working with Zuckerberg on Facebook, losing him a 4 – 6% stake in the company that would
Our Blog on Here Is The City
Is This Any Way To Treat A Loyal Employee ?
Doesn’t anyone have an ounce of common sense and loyalty ?
Business on Here Is The City
Tony Blair on the Future of Iraq | Iraq Business News
By Editor
The following is the text of a speech to be delivered this morning by former British Prime Minister Tony Blair, who is addressing the Iraq Britain Business.
Iraq Business News
US Pavilion Opened at Baghdad International – Iraq Business News
By Editor
By John Lee. United States Ambassador Stephen Beecroft (pictured) inaugurated the U.S. Pavilion at the 39th Baghdad International Fair. The U.S. Pavilion.
Iraq Business News
Iran’s Kurdistan Region Exports $416m – Iraq Business News
By Editor
By John Lee. The Customs Director of Iran’s Kurdistan Province has said that $416-million worth of commodities have been exported to Iraq from this western.
Iraq Business News
Genel Energy Interim Management Statement | Iraq Business News
By Editor
Genel Energy has issued its Interim Management Statement for the period from 1 July 2012 to 31 October 2012. Highlights 2012 production guidance.
Iraq Business News
Chevening Iraq Programme Launched | Iraq Business News
By Editor
The British Embassy in Iraq has launched the competition for this year’s Chevening Scholarships in Iraq. This year, the programme is looking for applications.
Iraq Business News
Iraq’s Facebook Feminists: Fighting Sexual – Iraq Business News
By Editor
By Munaf al-Saedi. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views.
Iraq Business News
US Crude Oil Rises to Settle at $85 in Choppy Trade – US Business
Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the U.S. presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.
CNBC.com Energy Business News
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