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Business Canada

  • BARCELONA, Spain, Feb 25- Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The new BlackBerry KEYone smartphone was unveiled here ahead of the...

  • The number of demonstrators had dwindled from the thousands who poured into the camp starting in August to oppose the pipeline that critics say threatens the water resources and sacred land of the Standing Rock Sioux Tribe. The 1,170- mile line, built by Energy Transfer Partners LP, will move crude from the shale oilfields of North Dakota to Illinois en route to...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • VANCOUVER, British Columbia _ Cardero Resource Corp. on Friday reported a loss of $992,000 in its fiscal fourth quarter. The Vancouver, British Columbia- based company said it had a loss of 3 cents per share. For the year, the company reported that its loss narrowed to $1 million, or 3 cents per share.

  • CALGARY, Alberta, Feb 24- Canada's energy sector has fallen out of favor with international oil majors, who are scaling back ambitions and walking away from reserves in the ground there to focus on lower-cost and higher-margin opportunities elsewhere. Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips.

  • *Loonie touches strongest since Feb. 16 at C $1.3057. TORONTO, Feb 24- The Canadian dollar notched a one-week high against its U.S. counterpart on Friday after data showed a spike in domestic inflation, but some gains were pared ahead of a Bank of Canada interest rate decision next week. "It is a pretty eye-catching number," said Andrew Kelvin, senior rates strategist at...

  • MONTREAL, Feb 24- The chief executive of Canada's second largest pension fund, which owns a 30 percent stake in Bombardier Inc.' s transportation division, said on Friday he hopes that a dispute between the company and Toronto's transportation agency over a rail car contract will be resolved out of court. Bombardier and Metrolinx, the provincial agency in charge...

  • *U.S., Canada looking for' greenfield' investors. TORONTO, Feb 24 S- Canadian pension fund manager OMERS would like to invest more in building new infrastructure, its chief financial officer said, making it a candidate to support government programs in Canada and the United States. However, with competition for' brownfield' assets inflating prices around the world,...

  • TORONTO, Feb 24- Passenger and freight train service across southern Ontario started to resume on Friday after being halted due to a power outage at Canadian National Railway's rail traffic control center, officials said. The domino effect could slow national freight routes as outages at a traffic control centre could mean signals turn red throughout the...

  • Husky could invest the sale proceeds in South America, Africa or Asia, the people added. Husky's offshore assets include White Rose, seen as its crown jewel in the region, as well Flemish Pass and Terra Nova. Husky could potentially sell down stakes in Terra Nova, where it has a 13 percent working interest, and Flemish Pass.

  • TORONTO, Feb 24- A strike at Noranda Income Fund's zinc processing plant in Quebec stretched into a 13th day on Friday, with no talks scheduled between management and the United Steelworkers of America union. Noranda's zinc processing facility in Salaberry-de-Valleyfield is the second-largest in North America and largest in eastern North America, where the...

  • CALGARY, Alberta _ Enerplus Corp. on Friday reported fourth-quarter net income of $629.5 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Calgary, Alberta- based company said it had profit of $2.57. Enerplus shares have declined slightly more than 7 percent since the beginning of the year.

  • Husky could invest the sale proceeds in South America, Africa or Asia, the people added. Husky's offshore assets include White Rose, seen as its crown jewel in the region, as well Flemish Pass and Terra Nova. Husky could potentially sell down stakes in Terra Nova, where it has a 13 percent working interest, and Flemish Pass, but is also considering paring down...

  • *Adj profit of $1.31 misses est of $1.36. Feb 24- Auto parts maker Magna International Inc's profit missed estimates for the first time in five quarters, and the Canadian company warned that a proposed border tax by the United States could hurt the automobile industry. The company's shares were down 5.7 percent at C $55.47 on the Toronto Stock Exchange on Friday,...

  • SAN FRANCISCO— Jeff Regan was born with underdeveloped optic nerves and had spent most of his life in a blur. Then four years ago, he donned an unwieldy headset made by a Toronto company called eSight. "These glasses have made my life so much better," said Regan, 48, a Canadian engineer who lives in London, Ontario.

  • VANCOUVER, British Columbia— The furies unleashed by Donald Trump's rise to the U.S. presidency are shaking Vancouver, where a gleaming new Trump International Hotel and Tower is about to open. The 69- story building designed by one of Canada's most renowned architects has drawn praise for its sleek, twisting design. Joo Kim Tiah, who like the U.S. president is the...

  • Analysts said that the rise was unlikely to affect the Bank of Canada's monetary policy since underlying inflation was considerably tamer. Analysts polled by Reuters had forecast an annual rate of 1.6 percent, below the Bank of Canada's 2.0 percent target. And I think that's how the Bank of Canada will it, "said Derek Holt, head of capital markets economics at...

  • The Canadian bank's move comes after several Western firms have withdrawn from private banking in Asia, hit by increasing pressure to reduce costs at home, slowing growth in the region and rising compliance costs. Most recently, Dutch lender ABN Amro Group agreed in December to sell its private banking operations in Asia and the Middle East, which has $20...

  • TORONTO _ Royal Bank Of Canada on Friday reported fiscal first-quarter earnings of $2.26 billion. Royal Bank shares have increased 11 percent since the beginning of the year. Keywords: Royal Bank, Earnings Report.