Business News – March 19 2013

Date: Mon, Mar 18, 2013

Raising retirement age could stabilize public sector pensions: Ontario finance
National Post
TORONTO — Finance Minister Charles Sousa says raising the retirement age is one of the options he’ll consider to ensure public sector pension plans are sustainable. The Progressive Conservatives are slamming those pensions, saying Ontario can’t afford
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National Post
Canada housing to slow, stagnate, but not crash: Scotiabank
Reuters Canada
TORONTO (Reuters) – A slowdown in Canada’s housing market will continue through 2013 and years of stagnation may follow, but no crash is likely because demographic trends will support demand in the medium term, a report by Scotiabank said on
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Toronto stock market moves lower as world reacts to Cyprus
CTV News
TORONTO — The Toronto stock market shed some of the pessimism that characterized trading early Monday as concerns about a controversial new levy on bank deposits by the Mediterranean island nation of Cyprus unsettled financial markets around the
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CTV News
Canada cautious on foreign investment changes: Minister
Toronto Sun
Christian Paradis Industry Minister Christian Paradis pauses during an interview with Reuters in Ottawa March 18, 2013. (REUTERS/Chris Wattie). Tweet. Change text size for the story; Print this story. Report an error
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ASC charges HyPower Fuel Inc. releases were misleading
Calgary Herald
CALGARY — An alternative energy company focused on building hydrogen injection systems for engines has been accused of making misleading statements to investors. In a news release Monday, the Alberta Securities Commission announced a hearing
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Couche-Tard shares expected to surge: analysts
Montreal Gazette
MONTREAL — Alimentation Couche-Tard’s shares are expected to surge over the next year as the convenience store giant achieves faster cost synergies from its Scandinavian acquisition, benefits from a lower loonie and is positioned for further acquisitions,
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Billy Elliot The Musical Contest Official Rules & Regulations
CTV News
Billy Elliot The Musical. CONTEST OFFICIAL RULES AND REGULATIONS. March 18th – 24th , 2013. TO ENTER Billy Elliot The Musical (“Contest”), simply visit the web site located at www.bc.ctvnews.ca, click on the Contest page and complete and submit
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CTV News
Cracker Barrel offers country style, comfort food and value for investors
Montreal Gazette
In the competitive restaurant industry, Cracker Barrel Old Country Store (NASDAQ: CBRL) differentiates itself with its distinctive Southern country style and comfort food offerings. At Galliant, the stock has caught our attention as an interesting activist investor
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UPDATE 2-Schlumberger says North America weaker than expected in Q1
Reuters
Mon Mar 18, 2013 11:27am EDT. (Adds background on rig count, earnings; updates shares). By Braden Reddall. March 18 (Reuters) – Schlumberger Ltd, the world’s largest oilfield services company, warned on Monday that North American activity was
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Collusion existed in Longueuil also: witness
Montreal Gazette
MONTREAL – The system of collusion in place in Montreal’s construction industry in the mid-2000s also existed in Longueuil, according to a top executive at Canada’s largest engineering firm. SNC Lavalin senior vice president Yves Cadotte continued
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Moncton multipurpose complex inches closer to reality
CBC.ca
The pedway linking Highfield Square with the federal building in Moncton was torn down over the weekend, but the former mall won’t be demolished any time soon, says the mayor. The city still has a lot of work left to do in its quest to build a multipurpose
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CBC.ca
Toronto Board of Trade endorses sales, fuel tax and parking levy in quest to pay
National Post
The Toronto Region Board of Trade has endorsed the implementation of a regional sales tax, a parking space levy, a fuel tax and high occupancy toll lanes in order to fund transit expansion. President Carol Wilding unveiled the suite of four proposed revenue
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National Post
Ontario appeal court ruling a positive for Rubicon
National Post
The Ontario Court of Appeal made an important ruling for the province’s resource sector on Monday, overturning a decision in the Keewatin case. According to the original Keewatin decision, the Ontario government could not approve projects in places where
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National Post
Ready, set, sparkle
Vancouver Sun
There’s nothing like a little less rain and a bit more sun to put a spring in your step. Throw in some bright new trends in footwear and you’ll be tripping along prettily. Nighttime wear shows up in the daylight with lots of metallics, sparkle and ornamentation like
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Canadians dump foreign bonds
CBC.ca
Following four straight months of increased investments, Canadians reduced their holdings of foreign stocks and bonds by more than $1.2 billion. Statistics Canada data released Monday showed Canadians dumped more than $3.3 billion worth of foreign
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CBC.ca
St. Paddy’s parties kept under control, say police, security
CBC.ca
Many people were out painting the town green Sunday. St. Patrick’s day celebrations were taking place all across Windsor. A block party that closed Sandwich Street to cars drew large crowds and lines at west-end bars. Partiers were allowed to drink while
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CBC.ca
Concerns raised about proposed Regina development
CBC.ca
The City of Regina is looking at opening up a new neighbourhood in its north end, despite some strong opposition. The proposed Somerset subdivision, which would be sandwiched between the Evraz steel mill and the Co-op refinery, is on the agenda at
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Shares tick lower on Cyprus deal, but off day’s lows
Reuters
By Ryan Vlastelica. NEW YORK | Mon Mar 18, 2013 2:52pm EDT. NEW YORK (Reuters) – Global stock markets edged lower on Monday as concerns over European sovereign debt returned to the forefront after the euro zone’s decision on partially funding a
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Prominent Cape Breton businessman Hugh Tweedie dead at 71
CTV News
SYDNEY, N.S. — Prominent Cape Breton businessman Hugh Tweedie died suddenly Saturday at the age of 71. Tweedie was known as an educator and served as chairman of the board of governors at the University College of Cape Breton in the 1990s, now
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CTV News
Bombardier denies facing large penalties
Montreal Gazette
MONTREAL — Bombardier Transportation has denied a European newspaper report that it faces large penalties for the late delivery of 59 double-decker inter-city trains ordered in 2010 by Swiss Federal Railways (SBB). Der Sonntag, quoting unnamed
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Analyst predicts Lululemon earnings will be surprisingly good
Globe and Mail
Canaccord Genuity analyst Camilo Lyon thinks Lululemon Athletica Inc. is going to have some good news for investors Thursday as it releases fiscal fourth-quarter results. Lululemon provided preliminary results for the quarter, which ended Feb.
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Globe and Mail
Target won’t entice cross-border shoppers to stay home
CBC.ca
American retail giant Target has no intentions of trying to convince Windsorites to shop locally rather than spending their money at Target stores in Michigan. "This is nothing against the Windsor market, but I work for Target," Tony Fisher, president of Target
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Brussels green light for Italy debt sale
Financial Times
Italy is considering a substantial increase in sales of government debt to boost its recession-hit private sector after striking a deal with the European Commission that allows a relaxation of Rome’s fiscal targets. Monday’s agreement gives Italy the green light to
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Dynasty Spa property to become hotel, say officials
CBC.ca
The owner of the Dynasty Spa property in Summerside is going to transform the abandoned building into a hotel, according to city officials. Built in the early 1990s, the dilapidated building sits on 50 acres of undeveloped land on MacKenzie Drive, in the the
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CBC.ca
Weather and low stocks add to gas worries
Financial Times
When a power cut at the Nyhamna gas processing plant in Norway hit production this month, prices in the UK soared 50 per cent in one day. The plant feeds the 1,200km Langeled pipeline that exports gas from the vast Ormen Lange field to Britain. The loss
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Business news briefs | The Salt Lake Tribune
Snell & Wilmer aids Head Start The Salt Lake City law firm Snell & Wilmer has decided to support the Head Start early childhood education program with a three-year grant of $25000 each year. The …
All – The Salt Lake Tribune
The Bethesda Store Officially Opens For Business – News – www
By Ben Reeves
Whether you’re looking for a limited edition Skyrim lithograph or a Dishonored hoodie, Bethesda is finally giving us a place to spend your Nuka Cola caps.
News
Business news briefs | The Salt Lake Tribune
Carnival returns to profitability Carnival Corp., which has dealt with problems on two of its ships this week, says it became profitable again in its first quarter. The world’s biggest cruise line earned $37 million, …
All – The Salt Lake Tribune
Video: Kurds Emerge as Victors of post-Saddam Iraq | Iraq Business
By Editor
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after war and.
Iraq Business News
Iraq Stock Market Report | Iraq Business News
By Editor
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th March 2013). Please click here to download a table of listed.
Iraq Business News
Warka Bank Claims Court Victory | Iraq Business News
By Editor
By John Lee. Warka Bank has issued the following statement with regard to its legal case against the Central Bank of Iraq: With regards to the legal.
Iraq Business News
Different Voices – Harnessing the Diaspora | Iraq Business News
By Madeleine
How the creation of a ‘cyber’ environment, created by focused access to the internet, could create a shared forum which links Iraqi born global citizen into regional needs.
Iraq Business News
New business openings, moves, closures, ownership changes « Tri
By Mary Hopkin
NEWS. TTAP Construction Services has opened at 1407 N. Young St. in Kennewick. The business handles excavation construction and project management. Business hours are 7 a.m. to 5 p.m. Monday through Saturday. To contact the
Tri-Cities Area Journal of Business
Movers & Shakers: Unilever, Greentech Capital snag top talent
By Aaron Tilley
Unilever, Interface and Greentech Capital Advisors welcome changes at the top.
GreenBiz.com Green and Sustainable…
What Conservative Investors Are Missing With ETFs | Benzinga
By ETF Professor
Statistics indicate investors love exchange-traded products. U.S.-listed ETFs and ETNs topped $1.3 trillion in assets under management in December 2012 and the inflows have continued this year. In February, global exchange-traded
Benzinga – Stock Market Quotes,…
Judge overturns ‘Price is Right’ case – Business News – Castanet.net
A judge has overturned an $8.5 million verdict awarded to a former "Price is Right " model in a pregnancy discrimination case and ruled a new trial is necessary.
www.castanet.net/edition/news-story-88773-6-.htm
Lower drug prices my force pharmacies out of business – News Hour
Fri, Mar 8 : The province is cutting prescription drug to save money. The government says it will save $90-million by reducing how much it pays for generic drugs.
www.globaltvcalgary.com/video/lower…/video.html?…
BlackBerry tones up TSX – Business News – Castanet.net
A late morning lift from tech heavyweight BlackBerry helped push the Toronto stock market into positive territory Monday. The S&P/TSX composite index was up
www.castanet.net/news/Business/…/BlackBerry-tones-up-TSX
first-energy-conference Stories – BNN – Business News Network
Most recent first-energy-conference business news stories at BNN.ca – Business News Network.
www.bnn.ca/News/News-Listing-Tags.aspx?tag=first-energy…
News Corp. publication spinoff will start with $2.6B cash – UPI.com
You are here: Home / Business News / News Corp. spinoff to start up with $2.6B Additional Business News Stories. Energy Resources · Exxon see shifting oil
www.upi.com/Business_News/…/UPI-72601362844273/
My hybrid does 185 . . . – Business News – Castanet.net
Hybrids aren’t just for fuel economy any more. McLaren on Tuesday unveiled a sleek hybrid supercar at the Geneva Motor Show. Sculpted from carbon fiber, in a
www.castanet.net/news/Business/88324/My-hybrid-does-185-
Out of business – News – The Gander Beacon
I don’t know what’s going to happen,” she said. “Right now, everyone is still just kind in a state of shock about it all.” The shock came on the morning of.
www.ganderbeacon.ca/News/2013-03-14/article…/Out…/1
Florida’s gamble scandal, 58 charged – Business News – Castanet.net
Florida’s lieutenant governor resigned and nearly 60 other people were charged in a scandal involving a purported veterans charity that authorities said
www.castanet.net/edition/news-story-88777-6-.htm
Cyprus works on last-minute deal to soften bank levy – Yahoo! News
More Business News. Asian stocks, commodities in broad selloff on jitters over Cyprus deal Reuters – 2 hrs 2 mins ago. Cyprus works on tax levy deal to get
news.yahoo.com/cyprus-parliament-postpones-session-discuss-…
Britain to close offshore payroll tax loophole | Reuters
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline
www.reuters.com/…/us-britain-economy-tax-idUSBRE92F09S…

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