May 9 Canadian economy adds 19,200 jobs
The Canadian economy added a better-than-expected 19,200 new jobs in April, but several analysts said the employment picture isn't quite as rosy as it might appear.
May 9 Aeroplan to convert to a corporation
Aeroplan Income Fund, which runs the Aeroplan loyalty rewards program, said Friday it plans to reorganize into a corporation by June 25.
May 9 Govt. confirms decision to block sale of MDA space division
The Canadian government delivered official word Friday of its decision to block the $1.3-billion sale of Vancouver-based MacDonald, Dettwiler and Associates' space-technology division to a U.S. space and weapons company.
May 9 Canada's trade surplus grew again in March
Canada's merchandise trade surplus grew in March for the third consecutive month as exports grew and imports declined, Statistics Canada said Friday.
May 8 Telus earnings rise
Telus Corp. shares gained ground on Thursday after the telecommunications company posted higher sales and profits for its first quarter.
May 8 Vick ordered to pay Royal Bank of Canada $2.4 million
A federal judge in Virginia has ordered imprisoned NFL quarterback Michael Vick to repay more than $2.4 million to a Canadian bank for defaulting on a loan. The Royal Bank of Canada sued Vick in September.
May 8 Biovail shifts focus, closing Puerto Rican plants
Pharmaceutical company Biovail Corp. unveiled sweeping changes to its business on Thursday including the closure of two off-shore production facilities and a shift in its research focus.
May 8 Manulife CEO to step down in May 2009
Shares of Manulife Financial Corp. traded lower on Thursday after the insurance and investment firm reported lower first-quarter earnings and said its top executive will retire next year.
May 8 Alliant still awaiting word from government on MDA sale
The federal government is expected to officially close the door on the proposed sale of the space assets of MacDonald Dettwiler and Associates Ltd. to a U.S. space and weapons company today.
May 8 Housing starts decline in April: CMHC
Housing starts in April dropped to 213,900 units from 243,000 a month earlier, the Canada Mortgage and Housing Corporation said Thursday.
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