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- China Investment to spend $1.74 B on stake in Teck Resources
Mining giant Teck Resources Ltd. has struck a $1.74-billion private placement designed to lighten its debt load, and its chief executive says he hopes the deal will also boost the Canadian company's relationship with China. Vancouver-based Teck said
- Ceremony sends fallen soldier on journey home
KANDAHAR, Afghanistan - One of the troops injured in the blast that killed a Canadian comrade watched from a wheelchair Saturday as hundreds of his fellow soldiers gathered to say goodbye to Cpl. Nick Bulger. In the third Canadian ramp ceremony to take
- Canadian mines feel no impact of Honduras coup
Canadian miners say it is business as usual in Honduras despite a military coup has been widely condemned. Companies said the has not changed, and that the mines continue to have the support of local communities. While the mining companies are shrugging
- A Roadside Explosion kills Canadian Soldier
A Cpl. Nick Bulger, 30, was reported killed by a roadside bomb on Friday July the 3 rd. Cpl. Bulger was traveling as a part of a tactical team assigned to Brig.-Gen. Jonathan Vance that was on a routine re-supply mission near Khandahar. Acccording to CBC
- Bomb kills soldier
The convoy that transports Canada's top soldier in Afghanistan hit a roadside bomb Friday, killing an Edmonton-based member of the general's tactical team and injuring five others. It was the second time this week that Brig.-Gen. Jonathan Vance, the
- Canadians keep falling for Nigerian letter scam
The Competition Bureau is warning that recessions are 'boom times for scammers' and predicts desperate Canadians will fall into traps offering easy cash online, by phone and mail. Statistics provided by Phonebusters -- the Canadian anti-fraud call centre
- US-BUSINESS Summary
GM Europe head says to sell Opel to Magna soon: report FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper. 'I am quite
- Diplomatic solution possible in Honduras: Canadian official
UNITED NATIONS -- Canada's cabinet minister for Latin America expressed confidence Thursday that a diplomatic solution can be found to resolve the crisis in Honduras, where soldiers this week expelled the country's elected president, Manuel Zelaya.
- China auto firm makes Opel bid
Frankfurt/Munich: A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday. State-owned Beijing Automotive (BAIC) has submitted an indicative,
- Ramp ceremony held for fallen Canadian soldier
Hundreds of soldiers turned out at Kandahar Airfield on Saturday to pay their respects as the casket of Cpl. Nick Bulger was loaded onto a transport plane for the journey home to Canada. Bulger, 30, of the 3rd Battalion, Princess Patricia's Canadian
- Fallen soldier begins journey home
KANDAHAR AIRFIELD, Afghanistan ' The body of Canada's latest military casualty in Afghanistan began its journey home Saturday morning as fellow soldiers sent off their fallen comrade in a solemn ramp ceremony. Cpl. Nick Bulger, 30 - who hailed from
- Latest fallen soldier begins journey home
KANDAHAR AIRFIELD -- Cpl. Nick Bulger, killed Friday in Afghanistan when his Canadian Forces vehicle hit a roadside bomb, was remembered Saturday as a motivator and committed soldier. More than 2,000 people gathered in the wind and heat of Kandahar
- GM Europe head says to sell Opel to Magna soon: report
FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper. 'I am quite confident after a top-level meeting of GM and Magna, where broad
- GM Europe: Talks on selling Opel near completion
(AP)
AP - Negotiations for the sale of General Motors Corp.'s unit Adam Opel GmbH to Canadian autoparts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released Saturday.
- Body of fallen Canadian soldier headed home
Brig.-Gen. Jonathan Vance, Senior Commander of Coalition Forces in Kandahar Province, Afghanistan pays tribute to Cpl. Nick Bulger of the 3rd Battalion, Princess Patricia's Canadian Light Infantry, based in Edmonton. (Colin Perkel / THE CANADIAN PRESS)
- Honduras mines running smoothly,...
Mines in Honduras operated by Yamana Gold and Breakwater Resources are operating normally despite an unfolding political crisis in the Central American nation, the mines' Canadian owners said on Monday. Honduran President Manuel Zelaya was ousted in a
- One soldier dead, five injured in Afghan blast
The convoy that transports Canada's top soldier in Afghanistan hit a roadside bomb yesterday, killing a member of the brigadier-general's tactical team and injuring five others. It was the second time this week that Brigadier-General Jonathan Vance, the
- China fund to buy $1.5 bln stake in Canadian miner
BEIJING (AFP) - China's sovereign wealth fund said it would buy 1.5 billion dollars worth of shares of the Canadian mining company Teck Resources Ltd. The purchase by the China Investment Corp would amount to a 17.2 percent equity stake in Teck, giving
- China takes minority stake in Canadian miner
LONDON (Menafn - MarketWatch) -- Demonstrating the country's continued interest in buying resource firms, the state-run China Investment Corp. on Friday reached a deal to buy a 17% stake in the Canadian miner Teck Resources. The stake, worth C$1.7
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A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867 while retaining ties to the British crown. Economically and technologically the nation has developed in parallel with the US, its neighbor to the south across an unfortified border. Its paramount political problem continues to be the relationship of the province of Quebec, with its French-speaking residents and unique culture, to the remainder of the country.
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AFP - Canada has reported four new swine flu deaths, bringing to 31 the country's toll from the A(H1N1) virus.
AFP - The head of GM Europe has said he hopes German carmaker Opel will be bought by Magna by mid-July adding that the Canadian firm has a "considerable lead" on other possible buyers, a report said Saturday.
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