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- Quebec moves to end 14-week mass student strike
MONTREAL (Reuters) - Quebec's government moved late on Wednesday to end a sometimes violent 14-week mass student strike in the Canadian province that officials fear could harm the economy and deter tourists. Premier Jean Charest said his government would shortly unveil legislation to ensure students could freely attend classes, although he did not give details. He did not address speculation that the bill would allow strikers to be fined. ...
- Canada museum kills masturbation video after outcry
OTTAWA (Reuters) - Canada's federal science museum has removed an animated video showing youth masturbating from an upcoming sex exhibit following a public outcry, a museum spokesman said on Wednesday. The Canada Science and Technology Museum will open the "Sex: A Tell-all Exhibition" on Thursday as planned despite strong criticism from Canadian Heritage Minister James Moore, who has called it an insult to taxpayers. ...
- Study: US clears drugs faster than Europe, Canada
Researchers say the U.S. approved more new medicines in less time than Europe and Canada in the last decade, challenging long-standing criticisms that the Food and Drug Administration lags behind its peers in clearing important new drugs.
- U.N. criticizes Canada for letting people go hungry
OTTAWA (Reuters) - A U.N. official criticized Canada on Wednesday for allowing some of its people to go hungry, but the government shrugged it off, saying there are more pressing food concerns in other countries. "Canada has long been seen as a land of plenty. Yet today one in 10 families with a child under six is unable to meet their daily food needs," Olivier De Schutter, the United Nations special rapporteur on the right to food, said in a statement. "These rates of food insecurity are unacceptable, and it is time for Canada to adopt a national right to food strategy. ...
- TSX rallies on U.S. data, Greek hopes
 TORONTO (Reuters) - Canadian stocks rose on Wednesday, snapping three straight losing sessions, as resource shares rebounded on strong U.S. data and on expectations that Germany and France will act together to keep Greece in the euro zone. U.S. industrial production posted its fastest growth in more than a year in April and groundbreaking for new U.S. homes rebounded last month, suggesting the economy remains on a steady, if unspectacular recovery course. ...
- High blood pressure affects 1 in 3: WHO
 One in three adults suffers from high blood pressure, a key trigger of heart disease, health experts said on Wednesday while underlining the growing number of cases in developing countries.
- Activists storm Montreal classes
Student protesters in Montreal storm the University of Quebec, disrupting classes as they were due to resume after a boycott protesting rising tuition fees.
- Canada factory sales jump, add fuel to rate-hike talk
OTTAWA (Reuters) - Canadian factory sales blew past expectations in March with the biggest gain in six months due to vigor in the oil industry, putting the economy back on a growth track after a surprise contraction in February. Manufacturing sales rebounded by 1.9 percent, Statistics Canada said on Wednesday, not quite compensating for the two previous months of declines, as shipments of petroleum and coal products jumped to their highest level in more than 3-1/2 years. Analysts surveyed by Reuters had forecast, on average, a 0.3 percent increase in sales at the factory gate in the month. ...
- Target aims for higher profit, shares rise
 (Reuters) - Target Corp raised its annual forecast after posting a bigger-than-expected rise in quarterly profit on Wednesday even as it spends more on plans to open stores in Canada, and has concerns about U.S. shoppers' ability to spend. The discount chain expects economic uncertainty to continue for the rest of 2012, Chairman and Chief Executive Gregg Steinhafel said in a statement. Shares of Target, whose first-quarter sales got a boost from warm weather and an early Easter, rose 1.5 percent, or 90 cents, to $55.97 in early trading. ...
- Shell, partners join Canadian LNG rush
Royal Dutch Shell and partners from China, South Korea and Japan said they are planning a multibillion-dollar LNG plant on Canada's West Coast, the latest in a string of proposals aimed at moving huge quantities of domestic shale gas to lucrative Asian markets, Reuters reports.
Shell, along with PetroChina, Kogas and Mitsubishi Corp. will study a liquefaction plant at Kitimat, British Columbia, that would initially include two units with capacity of 6 million tons annually each, or a total of 2...
- Sears Canada posts profit on lease terminations gain
(Reuters) - Sears Canada Inc reported a first-quarter profit, helped by a one-off gain on lease terminations and lower costs. The department store chain, majority-owned by Sears Holdings Corp , said net income was C$93.1 million ($92.7 million), or 91 Canadian cents a share, compared with a loss of C$47 million, or 45 Canadian cents, a year earlier. Earnings in the quarter included a gain of C$164.3 million on lease terminations of three stores. Revenue fell 8 percent to C$915.1 million. ...
- TIAA-CREF invests in $2 billion farmland venture
TIAA-CREF has teamed with a handful of institutional investors to put $2 billion into farmland in major grain-producing regions, including the U.S. and Australia, Pensions & Investments reports.
The investors in TIAA-CREF Global Agriculture include AP2, British Columbia Investment Management Corp. and Caisse de Depot et Placement du Quebec.
The amount of the investment by New York-based TIAA-CREF, a national financial-services organization with major operations in Charlotte, wasn’t disclosed.
- Two more North American LNG export projects planned
NEW YORK/CALGARY (Reuters) - Energy companies announced two multibillion-dollar North American liquefied natural gas export plants on Tuesday, adding to a lengthening list of projects aimed at shipping surplus gas overseas to take advantage of more lucrative markets. Excelerate Energy, the U.S. liquefied natural gas company founded by Oklahoma billionaire George Kaiser, plans to develop the country's first floating LNG export plant off the Gulf Coast, while Royal Dutch Shell has partnered with Asian buyers to build a plant in western Canada. ...
- Canada says job data good, recovery will be lumpy
 OTTAWA (Reuters) - A recent Canadian jobs report was promising but the country's economic recovery is set to be uneven, Finance Minister Jim Flaherty said on Tuesday. Canada added 58,200 new jobs in April after a big gain of 82,300 in March, according to Statistics Canada. "The job numbers are encouraging. I'm always cautious about monthly job numbers. It's been two good months but we know that we're likely to have a lumpy recovery," Flaherty told the Canadian Senate's banking committee. (Reporting by David Ljunggren; Editing by Jeffrey Hodgson)
- Canada ready to tighten mortgage insurance market
 OTTAWA (Reuters) - The Canadian government will act if needed to further tighten the mortgage insurance market, Finance Minister Jim Flaherty said on Tuesday. Some analysts fear low interest rates are helping to fuel a possible bubble in the Canadian housing market. Speaking to the House of Commons Finance Committee, Flaherty noted that the Conservative government had clamped down on the market three times since July 2008. "We will take further steps if necessary," he said. (Reporting by David Ljunggren)
- Power Corp profit down as financial unit slips
(Reuters) - Power Corp of Canada's net operating profit edged lower in the first quarter as results at its financial services subsidiary dipped, the holding company said on Tuesday. Power, which is controlled by Montreal's Desmarais family, had operating earnings of C$209 million ($209 million), or 45 Canadian cents a share, down from C$218 million, or 47 Canadian cents a share, in the same period a year earlier. (Reporting By Andrea Hopkins; Editing by Peter Galloway)
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Brett Lawrie of the Toronto Blue Jays has been suspended for four games by Major League Baseball after he threw his batting helmet and it bounced off an umpire.
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