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April 15, 2007
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First Data expanding in Canada with Interac membership
Thu, 19 Oct 2006 08:09:00 GMT | banking-business-review.com
Payment services company First Data International has become a member of the Interac Association, and said that it will begin offering Interac services in Canada in 2007.
World Business Briefing | Americas: Canada: Bid for Shell Canada Shares Is Raised
Wed, 24 Jan 2007 01:36:58 EDT | New York Times
After an earlier offer received a cool reception from minority shareholders, Royal Dutch Shell increased its bid for the portion of Shell Canada it does not own to 45 Canadian dollars ($38.10) a share from 40 Canadian dollars. The new offer values the 22 percent of Shell Canada not held by the parent company at 8.7 billion Canadian dollars ($7.4 billion). About 150,000 barrels of Shell Canada?s daily production of 230,000 barrels comes from oil sands projects in Alberta rather than conventional sources. When it made its opening bid in October, Royal Dutch Shell said that full control of Shell Canada would allow it to increase its reported reserves. An accounting problem forced the parent company to lower its reserve levels in 2004. The higher bid still may face difficulty since some Canadian fund managers have said recently that they are looking for a price near 50 Canadian dollars a share.
Telus Corp. wins multimillion-dollar contract with Best Buy Canada
Tue, 30 Jan 2007 14:29:00 -0500 | CANOE Money
TORONTO (CP) - Telus Corp. (TSX:T) has won a five-year, multimillion-dollar contract with Best Buy Canada Ltd. to supply an Internet-based telecom network connecting all the electronics retailer's stores across the country.
Canada eyes role in Philippines peace
Thu, 1 Feb 2007 05:06:00 -0500 | canoe CNEWS
MANILA, Philippines (AP) - Sweden has joined a bloc of nations backing peace talks aimed at settling a bloody Muslim rebellion in the southern Philippines, while Canada has expressed interest in following suit, officials said Thursday.
18 Jan 2007 00:00:00 EST | Department of Homeland Security
SECRETARY CHERTOFF: Well, good morning, everybody. I'm delighted to welcome my colleague and friend, Stockwell Day, from Canada, who is here for a couple of days visiting. This is preparatory to a meeting we're going to have in the latter part of February as part of the Security and Prosperity Partnership with Canada, the United States and Mexico. So we have had an opportunity to talk about some of the issues that are going to come up in February, and to see what we need to do to prepare ourselves to have a good conference next month.
Family policies give Canada the edge
Sun, 4 Feb 2007 13:55:00 -0500 | canoe CNEWS
Canada's family-oriented workplace policies give the country a competitive advantage over the United States, says the author of a scathing report about such policies south of the border.
Sears Canada eyes savings from pension changes
Mon, 5 Feb 2007 15:00:00 -0500 | CANOE Money
TORONTO (CP) - Expecting to save $25 million a year, Sears Canada Inc. (TSX:SCC) is changing its pension plan and reducing post-retirement benefits for employees.
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