Canada News Headlines

CALGARY, Alberta (Reuters) - Alberta's energy regulator expects to hammer out rules by the end of this year requiring oil companies to publicly disclose the chemicals they use in hydraulic fracturing, following other Canadian and U.S. jurisdictions that have already done so. Alberta, Canada's largest energy-producing province, …

(Reuters) - The Canadian province of Ontario's review of its pioneering green energy program will not alter controversial rules that require local content for all projects, the province's energy minister said on Wednesday. In an interview with Reuters, Energy Minister Chris Bentley said the review will be complete by the …

(Reuters) - A firm run by John Paulson was sued on Tuesday by a prominent Miami investor who claimed the billionaire's hedge funds failed to conduct proper due diligence on Chinese forestry company Sino-Forest Corp before buying shares, costing investors more than $460 million. The lawsuit by Hugh Culverhouse, whose namesake …

TORONTO (Reuters) - Cases brought by Canadian regulators against companies and individuals accused of breaching securities law last year resulted in eight jail sentences, C$52 million in fines and about the same amount in restitution, according to a report issued on Wednesday. There were also cease-trade orders or orders …

OTTAWA (Reuters) - Canada's government will make it tougher for many homebuyers to get mortgages this year as it grapples with an overheated property market, according to analysts in a Reuters poll, who also see prices stabilizing this year but no dramatic collapse. Ten of 14 economists and strategists surveyed last week …

VICTORIA, British Columbia (Reuters) - British Columbia will balance its books by 2014 by keeping tighter control on spending growth, increasing healthcare premiums and selling some government assets, its finance minister said on Tuesday. The Canadian province's annual budget projected a C$968 million ($972.18 million) …

HAVANA (Reuters) - Cuban President Raul Castro's full-court press on corruption has gone the local equivalent of viral, as videos with bribery confessions by foreign and Cuban businessmen make the rounds of the communist-run island's state companies. The videos shown to senior staff and party members are the latest addition …

- Air Canada said on Tuesday its flight dispatchers have ratified a new five-year collective agreement with the airline. The agreement between Canada's biggest airline and its 74 dispatchers based at its central operations control center near Toronto's Pearson International Airport will run until February 29, 2016. Air …

(Reuters) - Air Canada's 8,600 mechanics, baggage handlers and cargo agents have rejected a tentative contract agreement with the country's biggest airline, a union spokesman said on Wednesday, marking another setback for the carrier during a year of rocky labor relations. Some 65.6 percent of the members of the International …

(Reuters) - Imax Corp reported a quarterly profit in line with analysts' expectations, as solid box-office receipts led by the latest Mission: Impossible title offset a fall in systems revenue because of fewer new theatre installations and digital upgrades. The Tom Cruise spy film Mission Impossible - Ghost Protocol had …

TORONTO (Reuters) - Loblaw Cos Ltd , Canada's No. 1 grocery store operator, reported slightly higher quarterly profits on Thursday, helped by lower interest expenses and a decline in its effective tax rate. The company, which is majority owned by George Weston Ltd , said the gains were offset by a 2.8 percent decline in …

(Reuters) - Sears Holdings Corp announced steps to reassure investors about its ability to pay down debt, sending its shares up 10 percent in premarket trade. The operator of Sears department stores and the Kmart discount chain said it intends to separate its Sears Hometown and Outlet Businesses and certain hardware stores …

NEW YORK (Reuters) - S&P 500 stock index futures pared gains but recovered quickly on Thursday after a report showed new U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession. S&P 500 futures rose 2.2 points and were above fair value, …

(Reuters) - Toronto's resource heavy main stock index was set for a slightly higher open on Thursday, buoyed by strong commodity prices and better-than-expected German business sentiment, which rose for a fourth straight month. FACTORS TO WATCH * Canadian equity futures pointed to a higher open. * U.S. stock index futures …

TORONTO (Reuters) - The Canadian dollar strengthened back through parity against the U.S. dollar on Thursday as better-than-expected German data eased concerns about a bleak euro zone economic outlook and a rally in oil prices fueled commodity currencies. However, markets remained wary about the negative impact of higher …

BRUSSELS (Reuters) - The European Commission wants euro zone leaders to agree to a bigger rescue fund to nudge the IMF into backing debt-stricken European economies, despite German resistance to boosting it, the EU's top economic official said on Thursday. Investors and many EU officials want euro zone leaders to agree …

LONDON (Reuters) - Rising oil prices and forecasts showing the euro zone economy shrinking this year weakened European stock markets on Thursday and pulled the single currency back from 10-week highs. More upbeat data from Germany had given shares a boost in early trade and U.S. stock futures still pointed to a firmer open, …

LONDON - Lawyers have told Britain's High Court that singer Charlotte Church has settled her claims against the publisher of the News of the World over alleged phone hacking.

(Reuters) - Shares of Hewlett-Packard Co were down 2 percent in premarket trading on Thursday after the world's No. 1 computer maker posted a sharp decline in quarterly earnings and warned it would take several years to turn around its sprawling businesses. The storied Silicon Valley company, which has been trying to move …

(Reuters) - Tim Hortons Inc reported a 73 percent drop in fourth-quarter profit, but the coffee and doughnut chain raised its quarterly dividend by 24 percent Net income for the quarter ended January 1 fell to C$103.0 million ($103.05 million), or 65 Canadian cents a share, from C$377.1 million, or C$2.19 a share, a year …

WASHINGTON (Reuters) - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before. Despite stronger employment data and hints of firmer inflation, Federal Reserve policymakers are not ruling out another round of monetary easing in …

a hit-packed journey ranging from classical composer Edward Elgar to chart-topping singer-songwriter Adele.

BRUSSELS (Reuters) - The euro zone's economy is heading into its second recession in just three years, while the wider European Union will stagnate, the EU's executive said on Thursday, warning that the currency area has yet to break its vicious cycle of debt. However, the EU's top economics official said that recent surveys …