Canada

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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.

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.

Telus In The Process of Selling Refreshed iPhones

Telus In The Process of Selling Refreshed iPhones

For the people who have been wanting to join the gang of iPhone but had to face a hard time in order to justify the total selling cost, now may one may have extra affordable alternative to think about. Everyone has seen the refreshed phones which are being sold at every place already, however Telus is stepping into the game with their personal revived iPhones.

Canada Ceases Funding to International AIDS Vaccine Project

International AIDS Vaccine Initiative

As per the latest budget, the Federal Government is revealed to have stopped funding the International AIDS Vaccine Initiative (IAVI) through Canadian International Development Agency (CIDA) grants.

Obesity Rates On a High

Obesity Rates

The Heart and Stroke Foundation data claims that in the past 30 years, obesity rates in Canada have nearly touched a double level and, in some age groups, even tripled the level.

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