Greenpeace back in Vancouver for 40th birthday
VANCOUVER, British Columbia (Reuters) - Greenpeace celebrated its 40th anniversary in the city of its birth on Saturday with a workshop on civil disobedience and a plea to Canada to better protect the environment. Some 200 activists met in Vancouver for events that also included workshops in banner making and tours on the Zodiac boats that the group uses in some of its high-profile campaigns.
BlackBerry bashed as questions swirl about future
(Reuters) - Investors drove Research In Motion's stock down 20 percent on Friday as dismal quarterly results raised prospects that the BlackBerry maker will be sold, broken up, or at least placed under new leadership. The sell-off, which wiped out $3 billion of RIM's market capitalization, underscored how bad times have become for the one-time smartphone leader, once a byword for corporate communication.
Union serves strike notice against Air Canada
(Reuters) - The union representing flight attendants at Canada's biggest airline served strike notice on Friday, opening the door to a work stoppage from one minute past midnight on Wednesday unless there is a last-gasp deal, or unless the government legislates the strikers back to work. Both Air Canada and the Canadian Union of Public Employees, which represents the airline's 6,800 flight attendants, said talks would continue until the deadline.
Cuba shuts down second Canadian trading company
HAVANA (Reuters) - Cuba has shut down one of the most important western trading companies in the country as an investigation into alleged corrupt import-export practices broadened to a second Canadian firm, foreign business sources said on Friday. State security agents on Friday watched who entered the building in Havana's Miramar Trade Center where Ontario-based Tokmakjian Group, one of the top Canadian companies doing business on the communist-run island, has its offices.
Canada steps up fight against U.S. tax evasion law
OTTAWA (Reuters) - Canada took its fight against a U.S. tax evasion law to American newspapers on Friday, sending a letter that says the new regulation is wasteful and raises privacy concerns. Finance Minister Jim Flaherty said earlier this year he was in talks with U.S. officials to exempt Canada from the unusually broad regulation, known as FATCA, or the Foreign Account Tax Compliance Act, which requires overseas banks to report U.S. clients to the Internal Revenue Service.
Analysis: Clock ticking for Canada's natural gas champion
CALGARY, Alberta (Reuters) - Encana Corp Chief Executive Randy Eresman did exactly what investors wanted when he created the quintessential pure play in North American natural gas. That's now his biggest problem. The outlook for gas prices has darkened, due in part to success Encana and its peers have had unlocking vast shale reserves close to major markets, and that has forced Eresman to revise his game plan frequently.
Hurricane Maria nears Newfoundland, oil unaffected
(Reuters) - Operations at oil rigs off Canada's Atlantic Coast are unlikely to be hurt by Hurricane Maria, which may tear down trees and cut power in the southeastern tip of Newfoundland later on Friday, officials said. The Hibernia oil field, owned by Exxon Mobil Corp and several partners, is in the path of the Category 1 hurricane but experts said the conditions - including 6-meter (19-foot) waves - will not be much worse than during a typical winter storm.
Hockey thugs battle for Toronto film fest spotlight
TORONTO (Reuters) - In a year when hockey violence has come under increasing scrutiny, two films at the Toronto Film Festival examine the role of the sport's enforcers, who make it to the big leagues using their fists rather than their skating skills. Alex Gibney, who won a best documentary Oscar in 2007 for "Taxi to the Dark Side," attacks the subject through the eyes of 1980s enforcer Chris Nilan, while Canadian director Michael Dowse takes a comedic approach with his feature, "Goon".
Canada regulator probing China's Zungui Haixi
(Reuters) - Chinese clothing and footwear company Zungui Haixi Corp said on Friday that Canada's top securities regulator has started to investigate it after the company's auditor flagged accounting concerns last month. The company did not provide any details on the Ontario Securities Commission investigation. The OSC on Friday issued a 15-day trading halt on the shares, with immediate effect, pending a hearing on the matter.
Flaherty says volatility more worrying than loonie's level
OSHAWA, Ontario (Reuters) - Canadian businesses are more concerned with the volatility of the country's currency than its actual level, Finance Minister Jim Flaherty said on Wednesday. Flaherty also told reporters that he expected modest economic growth in Canada and that the country should avoid a double-dip recession.
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