Canadian Business News

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Canadian Business News
Topic Started: Oct 6 2008, 09:24 PM (56 Views)
Canada	Oct 6 2008, 09:24 PM Post #1
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	Research in Motion Releases new BlackBerry Cambridge, Ontario based Research in Motion Inc. have released their newest model of the wildly popular BlackBerry mobile communication devices. Called the BlackBerry Stage, the new device includes all the features of previous models, as well as a fast processor, encryption abilities and 64 MB of on-board memory.



Canada	Oct 14 2008, 01:48 PM Post #2
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	Arcelor Mittal sells Defasco back to Canadian Ownership After an order from the American Government, steel giant Arcelor Mittal has sold Hamilton, Ontaio-based Dofasco back to a consortium led by Teck Cominco. Much of the deal was underwritten by the Bank of Nova Scotia.



Canada	Oct 14 2008, 02:25 PM Post #3
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	Winter 2008 Happenings in Canadian Business - ExxonMobil looking into the Alberta Tar Sands - Dofasco sold back into Canadian ownership - Canada Shipbuilding re-opens the Saint John shipyard to build the Province-class destroyers - Chrysler Corporation in talks with Magna - Ontario Fuel and Iron begins operations in Whitby, Ontario - Lululemon opens new clothing plant in Nova Scotia



Canada	Oct 20 2008, 05:27 PM Post #4
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	Canadian National Railways goes into overdrive Canadian National Railways is seeking new opportunities in its business. The long-dominant rail firm is planning to stretch its rails into Northern Canada, with the goal of seekign opportunities in the north, especially in the expected lucrative resources of Northern Canada.



Canada	Oct 21 2008, 02:16 PM Post #5
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	Bombardier shows off its New Planes Bombardier has released plans for its new generation of aircraft, the C-Series and the Bombardier Sonica. The C-series is a regional jet similar to the Airbus A319, Boeing 737, Sukhoi Superjet 100 and Embraer E-195. This market is the fastest growing one in aviation, and Bombardier has said they hope to sell as many as 3000 of the aircraft between 2010 and 2030. The C-Series already has launch customers in Lufthansa and Air Canada, and is seeking new customers. The second plane is far more ambitious. Named the Sonica and clearly taking inspiration from Boeing's Sonic Cruiser concept of 2001, the Sonica is a considerably faster (Mach 0.95-0.97, just below the sound barrier) aircraft capable of carrying as many as 300 passengers, over as much of 8,500 nautical miles, which is enough to fly from Toronto or Montreal to Hong Kong, Beijing or Tokyo non-stop, and significantly reducing the time in the air. Air Canada is highly interested in the design for long-range routes to Asia, Africa, Latin America and Australia.



Canada	Nov 17 2008, 09:51 PM Post #6
Vroeger Suid Afrika Posts: 2,641 Group: World Council (NATO) Member #14 Joined: Oct 3, 2008 Currency Canadian Dollar Capital Ottawa Population 33,397,000 GDP (Nominal) $1.432 Trillion Nominal Per Capita $38,600	A Canadian Auto Corporation? A plan is on the table to create a Canadian automaker. First proposed by Ontario Premier Dalton McGuinty, the idea got at best lukewarm support from Ottawa but much support from the provinces, notably Ontario and Quebec. Canadian banking powerhouse Scotiabank is also a major supporter. A likely competitor is Chrysler Corporation, which is now owned by auto parts manufacturer Magna.



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