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Your Business - Feed News by Canada East
Find the latest news stories from Canada East on the topic Your Business.
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Loonie can cut both ways
Canadians have complained loudly in recent years about paying more for things at home than in the United States despite a loonie that has been close to, or even higher than, parity with the U.S dollar.
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Small business confidence is climbing
The latest survey data from the Canadian Federation of Independent Business (CFIB) says nationally, small business confidence has climbed up almost a point and a half above its November level.
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Oil Prices
Brent crude rose for the second straight session yesterday, closing at a seven-week high after the European Union reached a preliminary agreement to ban imports of Iranian crude, escalating tensions in the West's standoff with Tehran that has gripped oil markets for weeks.
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Markets
Wednesday, Jan. 4 closing market numbers:
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A look at employee stock options
Stock options of public and private companies are taxed differently. This article focuses on the taxation of Canadian or foreign public company stock options.
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Floods affect economy
A worker hangs over railings while painting during renovation works in front of a hotel in Bangkok, Thailand.
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Connect job seekers with meaningful work
In 2012, I wish for the press and politicians to stop talking about job loss and unemployment numbers - we all know that the economy needs several transfusions.
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Hopes dashed for U.S. tax reprieve
Public remarks from the U.S. ambassador to Canada at the beginning of December seemed to hint that U.S. citizens living here might get a special tax exception.
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Rio Tinto Alcan closes potlines
Rio Tinto Alcan, a leading global aluminum producer, began yesterday the process of shutting down one-third of the potlines at its big Alma, Que., smelter, north of Quebec City, following failure to reach a new contract with the local Syndicat des Metallos d'Alma.
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Reach for the Sky
'The Shard' is seen at dusk in central London on Monday. The building, due to be completed later this year, will be the tallest building in the European Union.
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Oil pipeline stakes are high
Oil producers could lose $72 billion over a nine-year-period if a pipeline to carry Alberta bitumen to the West Coast isn't built, a new report for the Alberta government says as community hearings for the proposed Enbridge Northern Gateway project are about to begin this month in British Columbia.
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Venezuela shrinks Exxon payment
Venezuela's PDVSA said yesterday it will pay Exxon Mobil Corp $255 million in compensation for nationalized assets - less than a third of what the U.S. oil giant said it was awarded by an arbitration panel.
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Are CEO salaries good or bad for economy?
Canadians received another reminder this week of the huge gap between the salaries of CEOs and the average worker - but is that bad for the economy or a necessary evil?
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Listings down, home sales up in November
Canada's resale housing market tightened slightly in November, as sales rose in more than 50 per cent of markets while the number of listings declined, the Conference Board of Canada said yesterday.
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Markets
Tuesday, Jan. 3 closing market numbers:
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Oil Prices
Oil prices surged yesterday, with U.S. crude hitting the highest settlement since May, fuelled by strong economic data from the United States and China and mounting concern about supply disruption from Iran.
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IPO market squeezed
Volatility in equity markets caused by the European debt crisis made life miserable for companies hoping to raise capital in 2011, driving the value of new Canadian stock issues to the third lowest level in the past decade, according to a report yesterday from PricewaterhouseCoopers.
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RIM slashes prices for PlayBook
In an effort to breathe new life into sales of its BlackBerry PlayBook, Research In Motion Ltd. is slapping new price tags on its beleaguered touch screen tablet.
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Hospital has Grateful Patients
A new Grateful Patient Program at The Moncton Hospital is a way for patients, families and friends to say thank you to hospital staff for a job well done.
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