Canada News

N.Y. sentencing of Canadian insider trader delayed

Reuters - Mon Nov 23, 4:11 PM ET

NEW YORK (Reuters) - A Canadian attorney behind what U.S. prosecutors describe as the largest insider trading scheme in Canadian history was denied entry to the United States and could not be sentenced on Monday.

  • Canada stops use of one batch of flu vaccine Reuters - Mon Nov 23, 12:58 PM ET

    WINNIPEG, Manitoba (Reuters) - Some Canadian provinces have stopped using a particular batch of the H1N1 flu vaccine after six people experienced severe allergic reactions, the country's health agency said on Monday.

  • Porsche aims to end Magna's Boxster contract: source Reuters - Tue Nov 24, 4:48 AM ET

    STUTTGART (Reuters) - Germany's Porsche aims to cancel a deal that would have Canada's Magna build the Porsche Boxster model series under contract, a source familiar with the situation told Reuters.

  • Cribs recalled in U.S., Canada over safety concerns Reuters - Mon Nov 23, 11:29 PM ET

    WASHINGTON (Reuters) - Stork Craft Manufacturing Inc is voluntarily recalling more than 2.1 million baby cribs in the United States and Canada due to a potential suffocation hazard, U.S. safety officials said on Monday.

  • Western Coal says aware of potential lawsuit in Ontario Reuters - Tue Nov 24, 2:34 AM ET

    LONDON (Reuters) - Western Coal Corp said it was aware of a proposed class action lawsuit that alleges inaccurate disclosure in the group's second-quarter 2007 financial report.

  • Canadian retail sales continue climb in September Reuters - Mon Nov 23, 4:14 PM ET

    OTTAWA (Reuters) - Canadian retail sales grew twice as much as expected in September as consumers ramped up spending on a wide range of goods, suggesting the economy grew at a healthy clip in the month.

  • TSX opens higher as resource stocks rally Reuters - Mon Nov 23, 9:43 AM ET

    TORONTO (Reuters) - Toronto's main stock index shot higher at the open on Monday as stronger prices for Canadian exports like oil and gold supported the resource-heavy index.

  • Tories, Liberals slip as NDP surges: poll Reuters - Fri Nov 20, 9:00 PM ET

    TORONTO (Reuters) - Canada's ruling Conservatives and the main opposition Liberals both lost ground in a poll published on Friday as the left-leaning New Democrats enjoyed a surprising surge in public support.

  • TD Bank hit with lawsuit in Florida Ponzi case Reuters - Fri Nov 20, 9:01 PM ET

    MIAMI (Reuters) - TD Bank was hit with a multimillion-dollar lawsuit on Friday calling it the "financial epicenter" of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein.

  • Ciena beats NSN to buy Nortel's businesses for $769 mln Reuters - Mon Nov 23, 12:31 PM ET

    HELSINKI/NEW YORK (Reuters) - Ciena Corp agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks for $769 million after trumping a bid from Nokia Siemens Networks.