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The Associated Press Posted: Oct 25, 2013 3:24 PM ET Last Updated: Oct 25, 2013 3:24 PM ET Nearly a month into the dysfunctional rollout of the U.S. government's new health insurance website, Obama administration officials said Friday they have identified dozens of problems that need fixing and tapped a private company to take the lead in solving them.Jeffrey Zients, a management consultant brought in by the White House to assess the extent of problems...
CBC News Posted: Oct 25, 2013 11:42 AM ET Last Updated: Oct 25, 2013 4:05 PM ET Is the mom-and-pop convenience store a threatened species?Things are certainly getting tougher for the independently run dépanneurs and variety stores that dot Canada’s urban landscapes. Since 2008, 2,252 convenience stores have closed across Canada and the majority of those affected were...
The historic Davie Shipyard in Lévis, Que., broke out the champagne Friday for the Cecon Pride, the first ship fully built in the yard in years.The Cecon Pride is the first in a series of three large offshore construction vessels being built for Norwegian offshore installation contractor Cecon ASA. The ship, the largest built in Canada in 20 years according to the company,...
The Associated Press Posted: Oct 25, 2013 1:30 PM ET Last Updated: Oct 25, 2013 1:30 PM ET U.S. consumer confidence fell in October as concern grew that the partial government shutdown and political fight over the nation's borrowing limit would slow growth.The University of Michigan says its index of consumer sentiment fell to 73.2 from 77.5 in September. The index has fallen for three straight months after reaching a six-year high of 85.1 in July.A...
More Canadian small businesses are taking to social media to interact with their consumers, according to a BMO study. (CBC)Bank of Montreal says Canadian small business owners are increasingly savvy about using social media such as Facebook, LinkedIn and Twitter.BMO says 57 per cent of about 300 business owners contacted for the study said they use social media.That's up...
CBC News Posted: Oct 25, 2013 9:04 AM ET Last Updated: Oct 25, 2013 4:01 PM ET Millions of Apple and Android users who are enjoying what some have called BlackBerry's "forbidden fruit" can rest easy with the knowledge that BBM, the company's mobile instant messaging chat service, will remain free for the foreseeable future. "It's definitely a free service," Andrew Bocking, executive vice-president of BBM for BlackBerry told The Morning...
The Canadian dollar has fallen to a seven-week low against the U.S. dollar after the Bank of Canada indicated it will not move to hike interest rates in the next two years.The Canadian dollar has fallen for the third straight day against the U.S. dollar, after the Bank of Canada moved Wednesday to lower expectations of an interest rate hike.The loonie fell one-quarter of...
By Meagan Fitzpatrick, CBC News Posted: Oct 25, 2013 2:39 PM ET Last Updated: Oct 25, 2013 3:44 PM ET Liberal Leader Justin Trudeau concluded his first visit to the U.S. capital on Friday after a series of meetings with White House officials and others and following a panel discussion a day earlier where he touted the benefits of building the proposed Keystone XL pipeline.Trudeau...
One of the world's largest producers of meat says it will stop buying Canadian cattle because of the high cost of having to follow U.S. meat labelling rules.The decision from Tyson Foods Inc. is expected to lead to a drop in prices for Canadian producers.Martin Unrau, president of the Canadian Cattlemen's Association, says the decision is a huge blow to the industry. “The cattle we raise here are the exact same type of...
Once the head of the largest real estate development company in the world, which went bankrupt in 1992, Paul Reichmann died Friday in Toronto. He was 83.The reclusive Reichmann brothers built Olympia & York into a major international development firm after starting out as a small company marketing flooring and tile in Toronto.The five Reichmann brothers were the sons...
There are growing signs that the stalled Mackenzie Valley pipeline project could get a new lease on life.The federal government has quietly dusted off a $500-million socio-economic fund that would kick in if the project goes ahead. The Mackenzie Gas Projects Impact Fund was set up in 2006 but has remained dormant. It was included and updated in this week's budget implementation...
Prime Minister Stephen Harper will table the tentative free trade agreement with the European Union in the House of Commons on Tuesday — the same day his government hopes to cut off debate in the Senate on the motion to suspend Senators Mike Duffy, Pamela Wallin and Patrick Brazeau without pay.Harper’s office is sending out invitations to industry groups and business executives to witness the tabling of the agreement on principle on the Comprehensive...
Ottawa says it remains on track to reduce the deficit as program spending falls in August.The federal government says it recorded a $2.3 billion deficit in August, an improvement from the $3 billion shortfall it posted during the same month last year.It says the key reason to the better monthly number was a $759-million decrease in program spending.The Finance Department...
CBC News Posted: Oct 25, 2013 1:44 PM ET Last Updated: Oct 25, 2013 1:44 PM ET The world's first Bitcoin kiosk, made by Robocoin, begins operation in Vancouver next week. (Robocoin/Canadian Press)What's believed to be the first Bitcoin ATM in the world will go live next week in Vancouver, operated by Nevada-based Robocoin and Vancouver's Bitcoiniacs.Mitchell Demeter,...
The Associated Press Posted: Oct 25, 2013 10:01 AM ET Last Updated: Oct 25, 2013 10:01 AM ET Samsung's sketch shows a thumbnail-sized display over the left eyeglass. Google's eyewear, shown above, has a tiny display over the right eyeglass that shows information and websites. (Reuters)A patent filing shows Samsung Electronics Co. is working on a device it calls sports glasses...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2013) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF) has released the results of its second quarter ended June 30, 2013. Details of the Company's financial results are described in the Unaudited Consolidated Financial Statements and Management's Discussion and Analysis which, together with further details on each of the Company's projects, will be available...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2013) - Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) ("Africa Oil", "the Company" or "AOC") is pleased to announce its financial and operating results for the three and six months ended June 30, 2013.On the back of the successful exploration activities in Kenya during 2012, the Company, together with its partners, continues to ramp up its exploration program in Kenya and Ethiopia. Entering the...
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