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Canada's Dempster helps Cubs slip past rival White Sox for 8-7 win


LAS VEGAS - Canadian Ryan Dempster and the Chicago Cubs handled a stiff breeze to slip past their rivals from the Windy City.

Dempster of Gibsons, B.C., who is expected to grab a spot as one of the Cubs' top three starting pitchers, allowed one hit in three innings. He struck out two, ...


AbitibiBowater and Quebec Federation of Labour reach tentative deal


MONTREAL - An tentative deal has been reached between insolvent newspaper giant AbitibiBowater Inc. and the Quebec Federation of Labour.

Details of the agreement, which were hammered out over nine days of negotiations, have yet to be released but include wage concessions.

It will ...


Toyota says RAV4s being offered by Tim Hortons are OK after recall


MONTREAL - Java junkies who win a Toyota RAV4 in the latest Tim Hortons roll-up-the-rim contest shouldn't have to worry about the 2010 Toyotas r-r-rolling out of control down the highway.

In January, Toyota Canada announced a massive recall of approximately 270,000 vehicles to correct ...


Investigators face several pesky questions in probe of runaway Toyota Prius


SAN DIEGO - Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate agent who said his Toyota Prius turned into a runaway death trap after the gas pedal became stuck.

Why didn't the driver simply throw the transmission ...


HST may not be right for every province but makes sense for Ontario: McGuinty


WINNIPEG - Moving to a harmonized sales tax may not be right for every province, but Premier Dalton McGuinty says it still makes sense for Ontario.

Speaking after a Liberal fundraiser in Winnipeg Friday, McGuinty said he was wrong when he predicted holdout provinces like Manitoba and ...


Orange County, California, sues Toyota over vehicle defects on behalf of consumers


SANTA ANA, Calif. - Prosecutors in Orange County, California have filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.

District Attorney Tony Rackauckas said at a news conference Friday that his ...


Vale in increase nickel production at strike-bound operations after vote


SUDBURY, Ont. - Vale said Friday it plans to increase nickel production at its strike-bound operations in Sudbury, Ont., after workers voted to reject the company's latest contract offer.

More than 3,000 production and maintenance workers represented by the United Steelworkers have been on ...


Recruiters say more older men hired could mean firms hiring executives again


TORONTO - Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the latest jobs figures that found nearly half of new jobs going to men over the age of 55.

A report issued Friday by Statistics Canada indicated ...


Lehman Brothers' accounting gimmick helped firm hide debt, examiner says


WASHINGTON - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or ...


Growing transportation demand suggests global freight recession over: analysts


MONTREAL - Growing demand for cargo transportation suggests the global freight recession may have ended, but industry observers remain concerned that a rising Canadian dollar may bring the progress to a screeching halt.

After bottoming out in the second quarter of last year, demand for ...


Loonie races towards parity, touches 20-month high on back of labour report


TORONTO - The Canadian dollar is racing towards parity faster than even the most daring economists predicted, but the surge could have longer term effects as more manufacturers weigh whether they can afford a higher loonie and vacationers look to sunny U.S. destinations for deals.

The ...


Analyst expects pause in big fertilizer M&A after Agrium walks away from CF


CALGARY - Now that a prolonged saga that entangled three major North American fertilizer producers appears to have finally been resolved, an analyst expects the sector to take a breather from big takeover deals.

After more than a year of dizzying twists and turns, Agrium Inc. (TSX:AGU) has ...


Oil slides as mixed economic data and China reports put brakes on rising prices


NEW YORK - Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand.

On Friday, benchmark crude for April delivery slid 87 cents to settle at US$81.24 a barrel on the New York Mercantile Exchange. Prices ...


Satellite operator Telesat says removing ownership restrictions to help it grow


MONTREAL - Canadian satellite operator Telesat says removing foreign investment restrictions will mean that it can acquire other smaller satellite operators around the world to grow and better compete.

CEO and president Dan Goldberg says the removal of the restrictions would also make it ...


Base metals support TSX to first close above 12,000 since Sept. '08


TORONTO - The Toronto stock market moved slightly higher Friday, closing above the 12,000 mark for the first time in about a year and a half amid mixed signals about the health of the U.S. economy.

The S&P/TSX composite index was 34.12 points higher at 12,013.82 - finding support from ...


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