CN Rail, First Nation plan to break ground on new ‘bitumen puck’ facility this year

As a puck made of oilsands bitumen was tossed into the air, railway executive James Auld joked, “we almost had an oil spill there.” Auld and other officials were upbeat as they gave their first public presentation on the pucks — a solid product similar to coal that can float in water.  CN Rail and an Alberta First […]

Nissan’s ex-chairman charged after accusation of underreporting pay

Tokyo prosecutors have charged Nissan, former chairman Carlos Ghosn and another executive for allegedly underreporting income. The charges imposed Monday involve allegations Ghosn’s pay was underreported by about $44 million US over five years. The prosecutors said earlier that the allegations were behind Ghosn’s Nov. 19 arrest. The arrest of an industry icon admired both in […]

Electronic surveillance proposed as bail hearing for Huawei CFO resumes

The bail hearing for a top executive of China’s Huawei Technologies resumed in Vancouver on Monday, the next step in a case that has spooked international financial markets and threatened to damage the delicate trade relationship between the United States and China. Meng Wanzhou, Huawei’s chief financial officer and daughter of its founder, was arrested in Vancouver on Dec. 1 on suspicion […]

China pressures U.S., Canada ahead of hearing for Huawei exec

China raised the pressure on the United States and Canada as a bail hearing for a top Chinese technology executive was set to resume Monday in Vancouver. A headline in a Communist Party newspaper called Canada’s treatment of Meng Wanzhou, the chief financial officer of Huawei Technologies, “inhumane.” The Global Times editorial published in Monday’s […]

U.S. stocks plunge following Huawei arrest

Stocks are plunging again as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between Beijing and Washington. A steep drop in Boeing, which would suffer in an extended trade battle, helped drag the Dow Jones Industrial Average down more than 600 points Thursday morning, rebounding slightly in the early afternoon. […]

$250K investment mystery: Accountant admits in recorded call he doesn’t know where money is

The daughter of a Kingston, Ont., senior who lost $250,000 after his trusted accountant encouraged him to invest in a “questionable” financial scheme says police did little to investigate when the suspected fraud was reported, despite all kinds of suspicious documents and the loss of the bulk of her father’s retirement savings. “I approached the [Kingston] […]

Who gets more done — office workers or telecommuters?

In a tight labour market, workers with in-demand skills may have the leverage they need to snag coveted telecommuting privileges. But seasoned remote workers and an economist who studies productivity said there’s still a negative perception that stands in the way of making those arrangements happen. Glenn Dutcher, an assistant professor of economics at Ohio University, studies the impact […]

‘I was beginning to lose hope’: Woman battles bank for 2 years for information on her own account

An Edmonton woman who spent two years battling her bank for information about her own account is defying a confidentiality agreement to go public about what happened, in a bid to shed light on a highly secretive system she says is stacked against the customer. “Numerous phone calls, numerous emails. I documented everything,” Rhonda McMillan told Go Public […]

Greater Toronto home sales in October up 6% from year ago

The Toronto Real Estate Board is reporting a six per cent increase in home sales last month compared to the same month a year earlier, with strong demand for condos and low-rise units.  The emerging seller’s market for homes was strongest in the city of Toronto, driven by a 10.9 per cent increase in the […]