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Canam sees less competition in Canada amid lower loonie, slowdown in the oilpatch
2015-02-26 20:37:09| Steel - Topix.net
Structural steel fabricator Canam Group is facing less competition from foreign firms in Canada as the lower loonie, decreased energy activity and the U.S. economic recovery prompts American rivals to chase opportunities closer to home. "These three things make the Canadian market less attractive to others and we ourselves have done OK," CEO Marc Dutil said Thursday after releasing the company's strongest fourth-quarter results in seven years.
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Earnings news to weigh on TSX amid mixed bag from RBC, Encana, Magna
2015-02-25 16:38:38| Oil & Gas - Topix.net
The Toronto stock market was set for a lower open Wednesday amid a mixed batch of earnings news from some of Canada's biggest corporations. The Canadian dollar continued to head sharply higher a day after remarks from Bank of Canada governor Stephen Poloz that were interpreted as lessening chances of another rate cut.
Earnings news to weigh on TSX amid mixed bag from RBC, Encana, Magna
2015-02-25 16:14:15| Energy - Topix.net
The Toronto stock market was set for a lower open Wednesday amid a mixed batch of earnings news from some of Canada's biggest corporations. The Canadian dollar continued to head sharply higher a day after remarks from Bank of Canada governor Stephen Poloz that were interpreted as lessening chances of another rate cut.
Head of U.N. Climate Panel Resigns Amid Harassment Accusations
2015-02-25 08:23:56| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The head of the United Nations panel on climate science resigned on Tuesday after allegations of sexual harassment were filed against him in India, where he lives and works. Rajendra K. Pachauri, whose 13 years as chairman of the Intergovernmental Panel on Climate Change had made him one of the worlds most important voices on the risks of global warming, had been scheduled to leave the post in October. But he tendered his resignation early after news that a woman employed at an institute that he...
Tales from an oil-sands slide: angst amid bravado in Alberta
2015-02-25 08:14:00| Oil & Gas - Topix.net
In the midst of the price swoon, many executives and workers remain confident the oil-sands industry will pull through. Photo / Thinkstock The pain of crude's collapse is beginning to bite in Alberta, from the oil-sands boomtown of Fort McMurray to the corporate boardrooms of Calgary.
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