Find us on Facebook Follow us on Twitter

National Business

Canadian mining company Nevsun says allegations of human rights abuses unfounded

VANCOUVER — A Vancouver-based mining company says allegations of human rights violations at the Bisha open pit mine in northeastern Africa are unfounded and it will defend itself from a civil suit filed this week in B.C. Supreme Court.

Nevsun Resources Ltd. (TSX:NSU) says it will “vigorously” defend itself from the civil suit filed Thursday by a lawyer representing three former employees. READ

Fraser Institute tells young job-hunters the West is where it’s at

For young Canadians looking to land a good job, the West is where it’s at, according to a new report released by the Fraser Institute on Tuesday. READ

U.S. Senate debates Keystone XL before milestone vote on pipeline bill

The U.S. Senate is poised to vote for the first time on the Keystone XL pipeline this evening — a milestone in a drawn-out political dogfight that has dragged on for years. READ

Ottawa to punish resource firms that break social-responsibility rules abroad

The federal government is planning to punish bad behaviour by Canadian resource firms operating abroad if they break Ottawa’s new rules on corporate social responsibility. READ

Potential pitfalls to pipeline progress: Obama veto just one way to stop KXL

The wild and unexpectedly speedy ride of Keystone XL legislation through the U.S. Congress late Wednesday had supporters of Canadian oil hopeful of a celebratory end to the project’s six years of stagnation. READ

Prime Minister Harper in New Zealand for talks on trade, world hot spots

Stephen Harper is meeting today with his New Zealand counterpart in the first official visit by a Canadian prime minister since Jean Chretien made the lengthy trip exactly 19 years ago. READ

Harper heads for New Zealand for talks with ally seeking end to dairy tariffs

Stephen Harper arrives in New Zealand today for an official visit with the country’s prime minister that will include discussions on a touchy subject between the otherwise friendly leaders — Canada’s heavily protected dairy sector. READ

Governments subsidize exploration for oil reserves that can’t be used: report

Why subsidize the search for oil and gas that we can never burn if we want to limit the damage from climate change? READ

Head of China’s Amazon wants to sell 200,000 Canadian lobsters on his site

Chinese e-commerce juggernaut Alibaba hopes to sell 200,000 Canadian lobsters next week, its founder declared Friday — one dividend of Stephen Harper’s ongoing effort to cultivate “pretty important” economic ties between the two countries. READ

Canada adds jobs for second straight month; jobless rate falls to six-year low

The number of Canadian jobs climbed in October for the second straight month, breaking the economy out of a pattern of alternating gains and losses for the first time in nearly two years. READ

Soaring coffee prices could mean a more expensive cup at Tim Hortons

Coffee drinkers at Tim Hortons may soon have to swallow a more expensive cup of joe as the restaurant chain responds to the soaring price of beans. READ

Canadian oil likely an early item on the agenda for the new U.S. Congress

Alberta’s stalled Keystone XL pipeline project appears poised to become one of the first orders of business in the new U.S. Congress, where Tuesday’s Republican romp could end up impacting several Canadian industries. READ

Lower credit card fees for retailers won’t help consumers, critics say

An agreement to cut the fees charged to merchants for accepting credit card payments likely won’t save consumers money, say Canada’s banks and opposition critics. READ

Tim Hortons takeover by Burger King may prove stale for Canadians: study

Widespread layoffs and strict cost-cutting measures could befall Tim Hortons if Burger King’s parent company takes over the chain, says a study from the Canadian Centre for Policy Alternatives. READ

New set of rail safety rules announced in wake of Lac-Megantic report

The Conservative government has unveiled a new set of rules aimed at improving rail safety in Canada. READ

EU leaders say trade deal with Canada is done

The European Union leadership presented a united front on their trade agreement with Canada on Friday in an attempt to dampen concerns that some European countries might still scuttle the deal. READ

Nortel not just Canadian company, IP not solely created in Canada: U.S. lawyer

TORONTO — It’s a fallacy to think of Nortel Networks as just a Canadian company and that its intellectual property was created solely in Canada, a lawyer for its U.S. subsidiary said Tuesday at a cross-border bankruptcy trial that will decide how remaining assets are shared among creditors. READ

Oliver rejects report calling for spending to create jobs, less focus on deficit

Finance Minister Joe Oliver is rejecting a recommendation from a report issued by the C.D. Howe Institute that he focus more on creating jobs than eliminating a tiny deficit. READ

Wave of smarter data collection could transform how business works

A new wave of intelligent sensors, cameras and tracking devices is expected to sweep across Canada over the next few years, quickly transforming how business is done — much as smartphones took communications to a new level of performance. READ

Former ambassador not confident Keystone will be approved

MONTREAL — A former Canadian ambassador says he’s less confident now than he was a few years ago about the U.S. giving the Keystone XL pipeline project the green light. READ

NEXT PAGE
follow us on twitter

Featured partners