Man Accused of Sex Assault Arrested

Man Accused of Sex Assault Arrested

A 29-year-old Toronto native is reported to be arrested by the Vancouver police at a Downtown Eastside homeless shelter Wednesday. He was linked with a sexual attack March 23 on the seawall near the 700-block of Pacific Blvd.

Athabasca's IPO Succeeds in Raising $1.35 billion

Athabasca's IPO Succeeds in Raising $1.35 billion

Athabasca Oil Sands reportedly conducted one of the largest IPOs that Canada has ever witnessed this week, making the investors desperate to enter the stock market.

Canadians Feels that National Economy would Worsen in Next 12 Months

Canadians Feels that National Economy would Worsen in Next 12 Months

The recently conducted survey by the Royal Bank has revealed that many Canadians believe that the national economy will deteriorate over the next 12 months.

Millions of Canadians, accounting to nearly 65 per cent of the population, face a tough time because of money troubles, reveals the Royal Bank of Canada's Canadian consumer outlook index, released Thursday.

Asia Expected to Liberalize Exchange Rate Policies

Asia Expected to Liberalize Exchange Rate Policies

The outgoing No. 2 official at the Bank of Canada expresses his confidence that Asian countries - led by China - will consequently free their exchange-rate policies as they will develop the realization that it is devoted to their best interests.

BC Hydro Selects 4 New Projects for Enhancing Power Generation

BC Hydro Selects 4 New Projects for Enhancing Power Generation

BC Hydro has chosen another group of projects for signing electricity purchase agreements for new sources of electricity. The power authority announced the agreements with the second group of projects on Wednesday.

April Fool’s Joke Gets Troublesome in Calgary

April Fool’s Joke Gets Troublesome in Calgary

A number of Calgary grocery stores have witnessed a prank in the wake of the April fool's day, finding pins and other pointy objects in their baked goods, fruits and other foods. However, the police service has identified this as a serious offence instead of as a mere act of mischievousness.

Ottawa Suspends Energy Saving Program from March 31

Ottawa Suspends Energy Saving Program from March 31

The Canadian Federal Government has proclaimed the suspension of the eco-Energy Retrofit program which was aimed at allowing the Canadian residents to increase the energy efficiency in their homes.

Profit Falls for Bombardier in the Final Quarter

Profit Falls for Bombardier in the Final Quarter

Bombardier Inc. said that considering the difficult times, the reduced aerospace output produced good results.

In the last quarter, the profit of Montreal-based Bombardier fell to $179 Million, which ended the company's 2010 financial year on Jan. 31.

Canadian Manufacturers Mount a Healthy Comeback

Canadian Manufacturers Mount a Healthy Comeback

It has been seen from the figures of January that there has been a strongest monthly economic growth in more than three years. Canadian manufacturers suffered a lot through the recession period but now they are growing a healthy comeback.

European Stocks Boost on Thursday

European Stocks Boost on Thursday

A boost in European stocks was seen on Thursday, whereas on Friday, volumes remained low ahead of the US nonfarm payrolls.

There was an increase in the Stoxx Europe 600 by 1.1% to 266.4, London's FTSE 100 index was up 0.7% at 5720.2, Frankfurt's DAX index rose 0.9% to 6207.3, and Paris's CAC-40 index went up by 1% to 4018.8.

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