Canada's Silicon Valley is seeing a boom of start-ups after BlackBerry's meltdown. More than 450 were created last year—four times the 2009 amount.» Read More
BOSTON/ OTTAWA, April 14- Canada's tax-collection agency said on Monday that the private information of about 900 people had been compromised as hackers exploited the "Heartbleed" bug, and security experts warned that more attacks will likely follow.
Glencore says it has reached an agreement to buy all outstanding Caracal shares for 5.50 pounds each, a 61 percent premium on the Canadian-based firm's stock price Friday. The two companies announced the deal Monday, a day after Glencore said it was selling its Las Bambas copper mine project in Peru to a Chinese consortium for $5.85 billion in cash.
*Deal will enable Glencore to expand in upstream sector. LONDON, April 14- Mining company Glencore Xstrata has agreed to buy Chad- focused oil company Caracal Energy for about 800 million pounds, a deal that will allow the commodity giant to expand upstream in the oil sector.
OTTAWA, Ontario— Canada's tax agency says the ID numbers of roughly 900 people were stolen from its systems, which were left vulnerable by a computer bug called "Heartbleed."
April 14- Liquid natural gas supplier Stabilis Energy said on Monday it would buy most of the U.S. assets of Encana Natural Gas Inc, a unit of Canada's Encana Corp, for an undisclosed price.
WASHINGTON- ECB Governing Council member Jens Weidmann and German Finance Minister Wolfgang Schaeuble to hold a national press conference in Washington- 1730 GMT.
KITIMAT, British Columbia, April 11- A small Canadian town's vote on whether to back Enbridge Inc's proposed Northern Gateway oil pipeline could have a far greater impact on the country's energy industry- and future economic health- than its advisory status might suggest.
*Poloz says watching deflation risk but encouraged by improving outlook. WASHINGTON, April 11- Policymakers are closely watching the risk of deflation in several advanced economies but they are encouraged by signs of a continuing improvements in the economic outlook, Bank of Canada Governor Stephen Poloz said on Friday.
TORONTO— Canada's prime minister has announced a state funeral for former longtime finance minister Jim Flaherty. He spent eight years in the role, the longest-serving finance minister among the Group of Seven leading industrial economies. Prime Minister Stephen Harper's office said the funeral will take place Wednesday in Toronto.
TORONTO, April 11- The Ontario government said on Friday it is examining options to generate funds, including the possible sale of certain real estate assets and government-owned entities.
COLUMBUS, Ohio— Geologists in Ohio have for the first time linked earthquakes in a geologic formation deep under the Appalachians to hydraulic fracturing, leading the state to issue new permit conditions Friday in certain areas that are among the nation's strictest.
TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.
OTTAWA, April 10- Former Finance Minister Jim Flaherty, 64, who steered Canada through the global financial crisis and then nearly eliminated the huge budget deficits he had run up in the process, died on Thursday just weeks after resigning.
SALT LAKE CITY— A 2009 explosion at a northern Utah oil refinery that knocked a neighboring home off its foundation and singed dozens of others began with a corroded pipe that went years without proper inspection, federal investigators say.
TORONTO/ VANCOUVER, April 10- Goldcorp Inc raised its hostile takeover offer for Osisko Mining Corp on Thursday, squeaking above a white knight bid by Yamana Gold Inc and heightening a bidding war that has helped inject life into a depressed gold mining sector.
OTTAWA/ TORONTO, April 10- Jim Flaherty, who died on Thursday less than a month after stepping down from his post as Canada's finance minister, was a straight talker who shepherded the country's economy through a global financial crisis, and quit shortly after laying out a plan to reach his goal of balancing the government's budget.
Former Canadian Finance Minister Jim Flaherty, 64, died on Thursday, just weeks after stepping down following eight years in his post.
OTTAWA, April 10- Former Canadian Finance Minister Jim Flaherty, 64, died on Thursday, just weeks after stepping down following eight years in his post. The House of Commons suspended its session until Friday after the government confirmed Flaherty's death, spokeswoman Heather Bradley said.
TORONTO— Former Canadian finance minister Jim Flaherty, a fixture on the world financial stage who stepped down just three weeks ago, has died. The House of Commons in Ottawa abruptly suspended business as word of his death circulated and the finance ministers of the G-20 paid tribute to Flaherty at the start of their meetings in Washington on Thursday.
TORONTO— Family of longtime Canadian Finance Minister Jim Flaherty says he has died.