Canadian Business News

Canadians and small firms oppose forced union dues

CBJ Sep 2 - A survey by the Canadian Federation of Independent Business (CFIB) has found that 84 per cent of the country's small businesses agree that employees should be protected from being forced to pay union dues in unionized workplaces. These views are consistent ...
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Cardiome Achieves $30 Million Milestone

CBJ Sep 2 - Cardiome Pharma Corp. (NASDAQ: CRME / TSX: COM) today announced that it has earned a US$30 million milestone payment from its collaboration with Merck (known as MSD outside the United States and Canada), through an affiliate. The milestone was ...
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TD records profit of 29 per cent

CBJ Sep 2 - TD Bank, the second biggest bank in Canada, recorded a third quarter profit of $1.18 billion, a 29 per cent increase. Analysts say this profit was the result of lower loan losses and a record quarter at its Canadian retail bank ...
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Manitoba judge off bench amidst online photo scandal

CBJ Sep 2 - Manitoba judge Lori Douglas has been temporarily relieved of her judicial duties after 30 explicit photos of here were posted online. The story gets even more convoluted-the law firm of Douglas' husband has had a complaint filed agasint it by a ...
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Auto industry growth exceeds expectation

CBJ Sep 2 - National auto sales rose at most big care companies in August. Chrysler Canada Inc. had a 12 per cent increase, followed by Hyundai Auto Canada Corp with 9 per cent, Ford Motor Co. of Canada Ltd at 8 per cent, Honda ...
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Canada's economic growth slows more than expected

CBJ Sep 1 - Canada's economic growth slowed more drastically than originally expected for Q2, according to reports late yesterday. The slowdown was reportedly directly linked to weaker trading performance and uncertainty about interest rate hikes. According to Statistics Canada, "real gross domestic ...
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Tim Hortons stock ranked as the top U.S. restaurant stock

CBJ Sep 1 - Tim Hortons has been randed amongst the top U.S. restaurant stock by TheStreet, on a risk-adjusted performance scale. Overwhelmingly popular in Canada, with the famed "Double Double" being as emblematic as the Maple Leaf in Canada, Time Hortons is the largest ...
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Historic Plaque found in time for 100th Anniversary of the Canadian Navy

CBJ Sep 1 - The historic plaque which once marked the original location of The Royal Canadian Naval Volunteer Reserve, or the RCNVR, had been missing for over 20 years-until now. The plaque will be unveiled at a ceremony marking the centennial anniversary of the ...
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Desjardins Financial Security reports positive first half results

CBJ Sep 1 - Desjardins released financial results for the first half of 2010, reporting that the company's net income rose by almost 45 per cent over 2009. Desjardins said that its net income at the end of the period stood at $120.4 million, compared ...
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Bombardier announces second quarter financial results

CBJ Sep 1 - Bombardier today reported financial results for the second quarter of fiscal year 2010, and the results were not as positive as expected. Although Pierre Beaudoin, President and CEO said "During this quarter, Transportation has shown a strong level of order activity, ...
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