In the business of making fine whisky

In the business of making fine whisky

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Award-winning whisky-maker John Hall, left, presented a whisky-making seminar Thursday

Business digest

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Finance Minister Jim Flaherty is proposing a voluntary code of conduct for credit- and debit-card companies that he says will "level the playing field" for consumers and small businesses alike.

In the markets

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In the markets

Retailers offer deep discounts to lure shoppers

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Canadian retailers are getting ready for the holiday season with rock-bottom prices and major promotional campaigns in hopes that shoppers will open their wallets and seize the opportunity to save.

Thomsons top magazine's list of richest Canadians

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The wealthy Thomson family remains No. 1 on the latest Canadian Business magazine list of the 100 richest Canadians.
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Prepare for higher mortgage rates - experts

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The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates.

Tech bits

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Penn State, Indiana and Missouri are the first schools to participate in a USA Today initiative meant to test how students respond to electronic versions of printed newspapers.

Local innovation can help wells to improve flow and last longer

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Stantec engineers say they see opportunities for environmentally friendly innovation in what the rest of us take for granted.

Business digest

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Sears Canada Inc. says low consumer confidence pulled down sales during the third quarter, but it's hoping to combat the downturn with more holiday season discounts.

CRTC blamed for endangering broadcast networks

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Cable companies have gained so much power they have become a threat to Canadian broadcasting, and the national telecommunications regulator is mostly to blame, says Canada's second-largest private broadcaster.

In the markets

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In the markets

Business in Pictures

Local innovation can help wells to improve flow and last longer Angel display in Harvey Seniors' group gives back to manor CBC pushes cable, satellite firms to introduce 'skinny basic' TV package Consumers expected to continue buying small netbook PCs during holiday season Work continues on World Trade Center TV system broken without more money Bernanke: Fed will keep U.S. interest rates at record lows CRTC begins hearings into ‘TV tax’ Boy named chief play officer for Toys "R" Us

Inflation rate rises in October for first time since May

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Canadians paid more for food, clothes and tuition in October as the annual inflation rate ticked higher for the first time in five months, but economists say consumers shouldn't worry that price pressures will force interest rates higher.

Rates by province

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The annual inflation rate was 0.1 per cent in October, says Statistics Canada. Here's what happened in the provinces and territories. (Previous month in brackets):

Some banks cut rates for fixed-rate mortgages

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Several of Canada's big banks said Wednesday they would cut their posted rates for fixed-rate mortgages by up to 0.25 percentage points.

Angel display in Harvey

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A large display of angels, owned by residents of Harvey and the surrounding area, will be collected Friday for a fundraiser by the Knox Centennial Guild at Knox Presbyterian Church.

Seniors' group gives back to manor

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When the Gladstone Blissville Seniors organization decided they had to close their doors, they elected to give their revenue to help other seniors in their community.

Work continues on World Trade Center

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An ironworker reaches for a steel beam suspended by a crane at one World Trade Center on Tuesday in New York.

In the markets

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In the markets

Business digest

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Investigators in New York City raided circulation offices at some of the nation's largest newspapers Tuesday as part of a union corruption probe, a law enforcement official said.

Mall rewards drivers of 'green' vehicles

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The Regent Mall is going to create reserved parking spots for customers who drive energy-efficient or hybrid vehicles.

CBC pushes cable, satellite firms to introduce 'skinny basic' TV package

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A proposal for an all-Canadian, no-frills cable and satellite TV packages to keep consumer costs low was attacked by Bell TV's satellite service Tuesday as "self-serving" and unfair.

Group finds excessive lead levels in toys

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Children's toys carrying the Barbie and Disney logos have high levels of lead in them, according to a California-based advocacy group - a finding that may give consumers pause as they shop for the holiday season.

Lawyer calls for dismissal of overtime lawsuit

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Scotiabank denied allegations Tuesday of a systemic problem with the way the bank logs and pays overtime, arguing that an Ontario court should not allow a class action lawsuit over allegedly unpaid work to go ahead.

Globalive could change telecom industry

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New cellphone company Globalive could be a catalyst for some change in foreign ownership restrictions on telecom companies, analysts said Tuesday.

Consumers expected to continue buying small netbook PCs during holiday season

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More and more consumers have been buying small and portable computers called netbooks and the trend is expected to continue in the holiday season, says high-tech trend watcher IDC Canada.
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