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  • October 24, 2014
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  1. News - China - DIPLOMACY

    Canada ratifies China investment deal, may help smooth relations

    Posted Sep 13th 2014, 02:08pm by Reuters in Ottawa

    ... Reuters in Ottawa Agreement over protection for foreign investments in Canada to come into force after two-year delay in move seen as method to defuse tensions between Ottawa and Beijing Canada has finally ratified a foreign investment protection agreement with China after a two-year delay in a step that may help ease tensions between the two countries and smooth the way ...

  2. Business - Economy - ECONOMY

    Canada faces a currency conundrum

    Posted May 19th 2014, 03:22am by DAVID BROWN

    ... David Brown Canada's central bank may want to kick-start its tightening cycle to fine-tune growth and inflation, but a stronger dollar could upset its plans Stuck in the blocks Canada's recovery is picking up steam and inflation is creeping higher. In reality, the country should be steeling itself for higher interest rates ahead. That is not what the Bank of Canada has ...

  3. Business - Commodities - ENERGY

    Petronas could shelve Canadian LNG project without favourable tax deal

    Posted Oct 07th 2014, 04:04pm by Reuters

    ... gas plant on Canada's Pacific coast by up to 15 years unless it could reach a favourable tax deal by the end of this month. Petronas said the economics of the plant were marginal and without a favourable tax arrangement with the province of British Columbia and Canada's federal government, it could shelve the project for a decade or more. The company set a deadline ...

  4. Business - Commodities - ENERGY

    Former oil tycoon plans comeback in Canada

    Posted Mar 20th 2014, 01:35am by Reuters

    ... Reuters in Beijing Former oil tycoon plans comeback in Canada A Chinese oil tycoon who lost his fortune after being jailed for embezzlement in 2007, aims to make his comeback with an ambitious project in Canada to export gas to mainland China. Gong Jialong, a truck-driver-turned-entrepreneur, ran China's largest private oil firm in the 1990s before Beijing shook up ...

  5. Business - Companies

    China companies raising standards in innovation

    Posted Oct 22nd 2014, 05:28am by Victoria Ruan

    ... ago. It cost about 15 per cent less than it would have in Canada but what most impressed Tao was its "cool appearance, big 6-inch screen, 13 mega-pixel camera and a long-lasting ...

  6. Business - Commodities - COMMODITIES

    US oil exports set to break record

    Posted Oct 03rd 2014, 04:22am by Bloomberg

    ... in July, 54,000 shy of the record set in March 1957, according to data compiled by the Energy Information Administration, the Department of Energy's statistical unit. While Canada accounted ... fracturing and horizontal drilling. Exemptions to a ban on crude exports allow for deliveries to Canada and permit some shipments from Alaska and California. The Department of Commerce also issued ...

  7. Business - Commodities - INVESTMENT

    China oil giants' overseas buying spree loses steam

    Posted Oct 13th 2014, 04:13am by Eric Ng

    ... of the US$33.5 billion in outbound investment in the 12 months to August 31, 2012, when the deal volume was boosted by CNOOC's US$18.2 billion acquisition of Canada's Nexen. A partner ... and rationalise their portfolios. "PetroChina's purchase of a 40 per cent stake in the Dover oil sands project in Canada- a deal struck last April and completed in August- will probably ...

  8. Business - Economy - CURRENCIES

    Canada steps up push to create yuan trading hub

    Posted Feb 08th 2014, 05:12am by Bloomberg

    ... Bloomberg in Toronto Canada steps up push to create yuan trading hub Canada is stepping up efforts to become North America's first yuan trading hub as China looks to open up its ... under Canada's Access to Information Act showed. "Canada's strengthening commercial relationship with China provides an excellent opening for Canadian financial institutions ...

  9. Business - Money - INVESTMENT

    Japan's top trading houses face huge write-downs

    Posted Oct 09th 2014, 05:43am by Bloomberg

    ... companies," Nomura analyst Yasuhiro Narita said in a report on Friday. Narita's report came out 48 hours after Marubeni said it agreed to sell its 40 per cent in Canada's Grande Cache Coal, ...

  10. Business - Companies

    Firms take advantage of BlackBerry's woe by moving to Waterloo, Canada

    Posted Dec 23rd 2013, 09:36pm by NYT

    ... and small are coming to the city, about 115 kilometres southwest of Toronto, Canada, to recruit BlackBerry's talent- and several of the companies are setting up shop in town. Google, a local ... But the company's rise to global prominence turned Waterloo and its larger twin city, Kitchener, from being Canada's rubber goods, hot dog and furniture capital into the country's hi-tech centre. ...




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