Archive | Finance

Incompetent Pathologist Charles Smith Loses Licence

A punitive board in Toronto has stripped the medical licence of disgraced pathologist Dr. Charles Smith medical licence. The group in addition directed Smith to personally appear for an admonishing. Smith was not present at Tuesday’s enquiry but he pleaded no challenge to reprehensible behaviour and ineptitude by way of his lawyer.  He accepted the [...]

Posted in Finance, GovernmentComments Off

Canadian Economy in Good Shape

The economy in Canada increased by 0.4% this past Nov., the largest increase in 8 months and above Oct.’s 0.2% growth. On Monday, Stats Canada reported a 2nd successive increase for the nation’s GDP while economists had predicted a 0.3% growth for November. Doug Porter, an economist with BMO said, before today’s astonishingly vivacious outcome, [...]

Posted in Featured News, FinanceComments Off

Microsoft Healthy Earnings Prematurely Announced

Microsoft Corporation, the globe’s biggest software producer, on Thursday reported 2nd quarter net revenue healthier than was expected, of $6.63 billion US, in comparison to $6.66 billion in the exact equivalent time period of last year. That added up to 77 cents a share in comparison with 74 cents a share, for the reason that [...]

Posted in Featured News, FinanceComments Off

Canada’s Flaherty: “We’re Done with The Canadian Peso”

Jim Flaherty – Image by: Joshua Sherurcij On Friday, Jim Flaherty, the Canadian Finance Minister said, the times of a frail legal tender are gone, publicly stating that we are finished with a Canadian peso. In a Vancouver scrum of journalists, Flaherty remarked that it is unlikely that the Canadian dollar will ever return to [...]

Posted in Featured News, FinanceComments Off

Baby Death Conviction Reversed After 19 Years

A baby’s death conviction has been reversed after 19 years.  A man from Toronto that received a conviction for the fatality of his baby son nineteen years ago was based upon the evidence of disgraced pathologist Dr. Charles Smith has been exonerated of the crime. The Ontario Appeal Court, on Thursday, called it unreasonable and [...]

Posted in Finance, GovernmentComments Off

Obama Persists on Proper Chinese Currency Valuation

Chinese Currency – Photo by: (Source: Central Bank of China) (Public domain) Obama persists on proper Chinese currency valuation.  At the White House on Wednesday, American President Obama, said to China’s President Hu Jintao that Chinese money is underrated and it should be permitted to be more affected by forces of the market. Obama said, [...]

Posted in Featured News, FinanceComments Off

Loonie Strengthens Following Statistics Canada Jobs Report

The strong Canadian dollar increased by another one half cent on Friday after a very healthy employment report was released for the month of December 2010. The Canadian dollar decreased down from previous highs but even so, still closed being up 0.52 cents to 100.83 cents American following Statistics Canada reporting that the Canadian economy [...]

Posted in Featured News, FinanceComments Off

Facebook Value Reaches $50B US

An investment of $500 million US has been made into Facebook by Goldman Sachs together with an investment firm, Digital Sky Technologies, from Russian.  The Goldman Sachs portion of the deal was $450 million.  The deal raises the value of the social network site to $50 billion US.  Part of the deal allows Goldman the [...]

Posted in Featured News, FinanceComments Off

Canadian Dollar Surpasses Parity With U.S. Dollar

On Tuesday the Canadian dollar surpassed equality with the American dollar for the first time in over a month. An early morning surge saw the loonie meet the American dollar for the first time since November 10th, the last time it had done so.  By 12 noon ET, it was exchanging just over par after [...]

Posted in Featured News, FinanceComments Off

Highest Gas Prices in 2 Years

Canadian drivers awoke to an unexpected early Christmas present this morning.  Gas prices had jumped up over night to a new two-year high point. The highest price is in Labrador City at $1.26 per litre.  The average price across Canada now is approximately $1.12.  The lowest price is in Red Deer Alberta where motorists are [...]

Posted in Featured News, FinanceComments Off

Join Our Mailing List!

We respect your email privacy

News Categories

News Archives

This work is licensed under a Creative Commons Attribution 3.0 Unported.