Canadian media giant Canwest selling its stake in Australian broadcaster to Macquarie CapitalSeptember 24th, 2009 Canwest to sell stake in Australian broadcasterWINNIPEG, Manitoba — Canadian media giant Canwest Global Communications Corp. is selling its majority stake in Australian broadcaster Ten Network Holdings Ltd.
Clinton Global Initative announces $258M for drinking water, homes, disaster prep in HaitiSeptember 24th, 2009 $258M in Haiti projects announced at Clinton eventPORT-AU-PRINCE, Haiti — The Clinton Global Intiative is announcing $258 million worth of aid projects for this impoverished country. The projects were announced Thursday at the initiative's annual conference in New York.
At UN, Bill Clinton criticizes nations for withholding pledged aid for HaitiSeptember 9th, 2009 Bill Clinton chides nations over help for HaitiUNITED NATIONS — Former U.S. President Bill Clinton reprimanded wealthy nations Wednesday for coughing up just 3 percent so far of the hundreds of millions of dollars in aid they had promised for Haiti.
Ford Canada begins preliminary contract talks with Canadian Auto WorkersSeptember 8th, 2009 Ford Canada begins talks with unionTORONTO — Ford Motor Co.'s Canadian division and the Canadian Auto Workers union began labor talks on Tuesday after the union made substantial concessions to both General Motors and Chrysler earlier this year. Ford asked the CAW to reopen its current labor contract, which doesn't expire until 2011.
Circuit City completes sale of Canadian assets to Bell CanadaJuly 2nd, 2009 Circuit City completes sale of Canadian assetsRICHMOND, Va. — Electronics retailer Circuit City, which closed all its U.S.
World Bank, IMF forgive $1.2 billion of Haiti's debts to ease burden on impoverished nationJuly 1st, 2009 $1.2 billion in debts canceled to help HaitiPORT-AU-PRINCE, Haiti — Three international organizations canceled $1.2 billion of Haiti's debt Tuesday, freeing up millions of dollars each year for the deeply impoverished Caribbean nation that is beset by humanitarian crises. The World Bank and the International Monetary Fund said their boards decided this week to forgive Haiti's obligations to the two organizations, a move that triggered previously announced debt relief from the Inter-American Development Bank.
Canadian cable operator Shaw reports 3 percent gain in 3Q profitJune 26th, 2009 Canadian cable company Shaw sees 3Q profit riseDES MOINES, Iowa — Shaw Communications Inc. said profit grew 3 percent in the third quarter as it signed up new cable and telephone subscribers.
Canadian pension fund sweetens offer for Macquarie Communications of AustraliaJune 16th, 2009 Canadian fund raises bid for Australia's MacquarieTORONTO — A Canadian pension fund is sweetening its bid for Macquarie Communications Infrastructure Group, a communications network company with operations in Australia and the United Kingdom. The Australian company's independent directors are supporting the deal.
Canadian PM says Canada had to bail out GM to keep jobs in the countryJune 1st, 2009 Canadian PM says country had to bail out GMTORONTO — Canada's prime minister says the country would have lost hundreds of thousands of jobs if it hadn't joined with the U.S. government in bailing out General Motors.
Union leader says Canada governments pushing CAW, GM Canada to renegotiate contractMay 8th, 2009 Union says CAW, GM Canada being pushed to talkTORONTO — The head of the Canadian Auto Workers says the Canadian and Ontario governments are pressing the union to resume labor negotiations with General Motors Canada or risk losing government financial assistance. Ken Lewenza said Thursday that the governments have set a deadline of May 15 for the two sides to agree on a new pact.
Canadian, Ontario governments provide financing, get 2 pct stake in retooled Chrysler CanadaApril 30th, 2009 Canadian governments to lend to Chrysler CanadaTORONTO — The Canadian and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend about 3 billion Canadian dollars (US$2.42 billion) to help the beleaguered company while it is in bankruptcy proceedings. Prime Minister Stephen Harper's office said Thursday that the loan will cover debtor-in-possession financing and exit financing needed when the automaker emerges from court protection.
World's biggest newsprint co. files for bankruptcyApril 18th, 2009 TORONTO - AbitibiBowater Inc., the world biggest newsprint producer and one of Canada's oldest companies, has filed for bankruptcy. The newsprint giant, which has been refused a rescue package by the Canadian government, faces a debt burden of $6 billion.
Chrysler gives ultimatum, threatens to pull out of CanadaMarch 12th, 2009 TORONTO - Chrysler Wednesday threatened to pull out of Canada unless the Canadian government gives it billions of dollars in loans and allows tax concessions and workers take wage cuts. With three plants in Canada, Chrysler is the second largest auto seller in the country after General Motors.
Tit-for-tat 'Buy Canadian' policy against US soughtFebruary 10th, 2009 TORONTO - Labour unions in Canada, which as the biggest trading partner of the US will be worst hit by the 'Buy America' clause in President Barack Obama's stimulus package, have urged their government to hit back with a 'Buy Canadian' policy. The union leaders, who took their case to the nation's parliament in Ottawa Tuesday, said they would pressurise the government to announce the protectionist policy along with the proposed $40 billion stimulus package for the Canadian economy.
Canada to provide humanitarian aid to Sri LankaFebruary 4th, 2009 OTTAWA - Canada will provide humanitarian aid worth three million Canadian dollars ($2.4 million) for Sri Lankan civilians affected by the escalated conflicts. International Cooperation Minister Bev Oda announced the funding late Wednesday.
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