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Archive for the ‘Money’ Category

Bay may sell discount designer business: report

Written by admin on Feb 18th, 2008 | Filed under: Money

Iconic retailer Hudson’s Bay Co. may sell its Designer Depot division, a newspaper report said.

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Canadian factory sales suffer worst drop since ‘03 blackout

Written by admin on Feb 18th, 2008 | Filed under: Money

Canadian manufacturing sales fell 3.4 per cent to $48.6 billion in December, the biggest drop since a power blackout crimped Ontario’s output in August 2003.

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Hollywood studios sue Chinese website over movie piracy

Written by admin on Feb 18th, 2008 | Filed under: Money

The Motion Picture Association in Hollywood is suing a popular website in China for film piracy, seeking about $1 million US from the company responsible for the site.

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Country’s housing price growth cools off

Written by admin on Feb 18th, 2008 | Filed under: Money

Real estate prices are still rising across Canada, but at their slowest rate in more than a year, industry figures show.



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HD DVD on life support as Wal-Mart backs Blu-ray

Written by admin on Feb 18th, 2008 | Filed under: Money

In what is being seen as the death blow for HD DVD, retail giant Wal-Mart has chosen to go Blu-ray only.

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Tax cuts drive Telus profit higher

Written by admin on Feb 18th, 2008 | Filed under: Money

Canada’s second-largest phone company posted a 66 per cent profit increase for the fourth quarter of 2007, with much of the gain coming from tax adjustments.

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Wheat board revenues highest in 10 years

Written by admin on Feb 18th, 2008 | Filed under: Money

A large, high-quality crop and strong prices has resulted in the Canadian Wheat Board’s highest revenue in 10 years and gross revenue that jumped by 42 per cent from 2005-06.

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Despite $26-million loss, Domtar hopes to avoid downtime

Written by admin on Feb 18th, 2008 | Filed under: Money

Montreal-based Domtar Corp has posted a fourth-quarter loss of $26 million or 5 cents a share after a dizzying array of non-operational gains and charges.

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Ottawa merchants blame Ontario for Family Day store closures

Written by admin on Feb 18th, 2008 | Filed under: Money

Ottawa families can ski, skate or dine on their day off this coming Monday, but one activity they can’t enjoy together on Family Day is shopping at the Rideau Centre.

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Layoffs, plant shutdown at Winnipeg’s MCI

Written by admin on Feb 18th, 2008 | Filed under: Money

People who work at the Motor Coach Industries plant in Winnipeg aren’t sure how much longer they will have jobs.

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