Porsche is bringing a new racing series to Canada. The Porsche GT3 Cup Challenge Canada is a single-make series designed to develop new drivers and prepare them for the American Le Mans Series.
Opposition parties came together early Friday afternoon in a historic vote of no-confidence toward the Conservative government. The Conservative government was held in contempt of Parliament in a 156 to 145 vote which will lead to the fourth federal election in the past seven years.
Stephen Harper, the Prime Minister of Canada and leader of the Conservative party, may have to step down on Friday. Opposing parties of the Conservatives in Parliament are threatening a no-confidence vote.
Toronto based luxury diamond retailer Harry Winston expects higher sales and profits as demands rise for luxury items. As the global economy rebounds, Winston forecasts diamonds demand to climb in Asia, based off of 169 per cent holiday sale increase.
Hearings began Monday on the proposed expansion of Ontario’s Darlington nuclear plant. With Japan’s nuclear crisis continually unfolding, environmental opposition attempts to suspend talks.
Today, on Shell’s 100th anniversary of operations in Canada, Shell Canada’s President called for a national energy approach to pave Canada’s way toward becoming a global energy leader.
Glam Media, a vertical media company with more than 1,500 fashion oriented lifestyle websites, announced yesterday that is purchasing Toronto based BBS Media. Creating Glam Media Canada, BBS Media co-founders will become VPs of the new entity and run advertising sales.
Air Canada announced Wednesday that they will be cutting flights for 2011 in light of sustained high fuel costs. The airline still expects to increase its 2011 domestic capacity, but at a slower rate than before.
The Canadian economy is doing better than expected, reports TD Bank. With this economic development taken into account, TD Economics now expects the Canadian Economy to grow by 3 per cent—half a percent higher than the previous estimate.
The City of Toronto and the Public Bike System Company (PBSC) announced Tuesday the official launch of the BIXI Toronto program. Starting May 3rd with 1,000 bikes, 80 BIXI stations, and 1,500 docking points, BIXI will revolutionize Toronto’s downtown public transportation.