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Belinda Stronach to Step Down as Executive Vice-Chairman of Magna

Belinda Stronach to Step Down as Executive Vice-Chairman of Magna

One of Canada’s most powerful executives, Belinda Stronach, is stepping down from her role as Executive Vice-Chairman of Magna International Inc., one of the largest global suppliers of automotive sy
Ivanhoe Energy Strikes Natural Gaseous Gold in China

Ivanhoe Energy Strikes Natural Gaseous Gold in China

Ivanhoe Energy Inc. announced a ‘significant’ gas discovery at Sunwing’s Yixin-2 well in Southwest China, yesterday. The discovery could be a boon for the publically-traded Canadian company.
Bell Canada Slapped with $1.3 Million Fine by CRTC

Bell Canada Slapped with $1.3 Million Fine by CRTC

Bell Canada settled with the Canadian Radio-television and Telecommunications Commission (CRTC) today, agreeing to pay a penalty of $1.3 million to the Receiver General for Canada over the Company’s unauthorized telemarketing practices.
TD Bank Drives Off with Chrysler Financial for $6 Billion

TD Bank Drives Off with Chrysler Financial for $6 Billion

TD Bank Group drove off with Chrysler Financial, purchasing the automotive financial services company for $6.3 billion, today. The deal elevates Chrysler Financial as a top 5 bank-owned auto lender in North America.
ArcelorMittal Ups Takeover Offer for Baffinland Iron Mines

ArcelorMittal Ups Takeover Offer for Baffinland Iron Mines

World’s leading steel producer ArcelorMittal continues its acquisition attempt of Baffinland Iron Mines Corporation by upping its pre
Talisman Sells Farrell Creek Gas Assets to South Africa’s Sasol

Talisman Sells Farrell Creek Gas Assets to South Africa's Sasol

South African energy and chemicals group Sasol Limited is the newest foreign entity to make a foray into Canada’s nationally treasured natural resources.
TRON Caught in Massive Movie Piracy Ring in Toronto

TRON Caught in Massive Movie Piracy Ring in Toronto

A massive movie piracy ring is being investigated, and the Canadian Motion Picture Distributors Association is working behind the scenes.
Canada Post Finds Ford Pure Electric Vehicle in Mailbox

Canada Post Finds Ford Pure Electric Vehicle in Mailbox

The days of horse-drawn-carriage mail delivery couldn’t be more distant.
$200.4M Markham Stouffville Hospital Project Breaks Ground

$200.4M Markham Stouffville Hospital Project Breaks Ground

A groundbreaking ceremony commenced construction of the $200.4 million Markham Stouffville Hospital redevelopment project, which will create 300 temporary construction jobs and add an additional 875 staff and 60 permanent p
George Weston Limited to Inject $1 Billion into Economy

George Weston Limited to Inject $1 Billion into Economy

Apparently, George Weston Limited has taken it upon itself to spark economic activity as the Company has announced that it will pay a special one-time common share dividend of $1 billion, representing $7.75 per common share, on January 25, 2011 to all common shareholders.
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