Canada

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Canadian Dollar at Par with US Dollar

Canadian Dollar at Par with US Dollar

The Canadian dollar reported to be neck to neck with the U. S. dollar on Tuesday, reaching its highest level since July 2008. The value of the Canadian dollar has been enhanced with the rise in the commodity prices and the predictions on the rise in the domestic interest rates.

Leading Cause of the Climate Email Mess

Leading Cause of the Climate Email Mess

It has been reported that the meeting of Arctic states held in Chelsea, Que., in the beginning of this week was billed as a way to urge worldwide efforts regarding global warming in the Far North.

Dr. Brian Postl to Be New Dean of Medicine at University of Manitoba

Dr. Brian Postl to Be New Dean of Medicine at University of Manitoba

Dr. Brian Postl , the former Winnipeg Regional Health Authority head, will be appointed as the new dean of medicine at the University of Manitoba July 1. Joanne Keselman, Vice-President of University of Manitoba announced to the campus this Monday.

Vancouver Proposing Unique Shelter for Hens

Vancouver Proposing Unique Shelter for Hens

Predicting that they will be abandoned by their owners after having mixed feelings regarding being backyard farmers, Vancouver’s city staff is proposing to put up a unique shelter for hens.

The proposal comes after a March 2009 decision, where the council raised a 30 year ban on owning urban hens.

Exposure to Nylon Fibers at Work Increases Breast Cancer Risks

Breast Cancer

A team of scientists from Canada revealed on Thursday that if women are exposed to certain substances and pollutants before the age of about 35, it could increase their risks of developing breast cancer after they hit menopause.

Casino Project Threatened to be Pulled off by Liberal Insider Turner

Alarming the Cabinet Minister Kevin Krueger, Liberal insider T. Richard Turner said that his company will withdraw its plan of erecting $450-million casino and hotel project that was to be built next to BC Place Stadium, if Government did interfere by continuing with retractable roof for the building.

Canadian Banks Raise Lending Rates

Canadian Banks Raise Lending Rates

With the major Canadian banks announcing a rise in the lending rates, the euphoria of exceptionally low mortgage rates has started fading away from this week.

However, the higher rates may not cause an immediate sloth in the Toronto housing market.

B.C. Residents Most Worried due to Sloth in Economic Growth

B.C. Residents Most Worried due to Sloth in Economic Growth

A recent survey has revealed that a majority of the Canadians are facing worries due to the sloth in the economic growth given their own jobs are at stake. The survey further concluded that the British Columbia residents are the most worried among all the Canadians.

Skyservice Shuts Due to Partners Running into Losses

Skyservice Airlines

The 25 year-old Canadian travel-tour business, Skyservice Airlines Inc. yesterday announced its decision to shut down its operations following the heavy losses suffered by its majority stakeholder, Gibralt Capital Corp., and one its key clients Sunquest Vacations, a division of Thomas Cook PLC.

Low-Mortgage Era Comes to End

Low-Mortgage Era Comes to End

With a freeze in the work for the mortgage agents and loan officers, the period witnessing the lowest mortgage rates in Canada has come to an end.

The Reserve Bank of Canada and TD announced, this Monday, a rise of 11%, which was followed by a rush among the homebuyers to attain last moment approvals.

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