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'We are fully supportive'
Officials at the AV Nackawic mill say the proposed sale of NB Power to Hydro-Québec would save their facility millions of dollars in electricity costs over the next five years.
Proposed deal caught Maine off guard
Politicians on both sides of the New Brunswick-Maine border agree a solution is possible that would please all sides in the debate over the proposed creation of an energy corridor leading from New Brunswick through neighbouring Maine.
Communities must fight complacency: John Risley
A prominent Nova Scotian business leader says Atlantic Canadians must rail against complacency that is holding the region back from growth and excellence.
Market report
New Brunswick posted a "healthy" gain of more than six points in its Help-Wanted Index in October, according to a Conference Board of Canada report released Thursday.
Carney urges emerging markets to allow freer currency movement
Emerging markets, led by China, must move to allow freer movements in their exchange rates or the global economy is at risk of a "suboptimal" recovery and increased trade protectionism, Bank of Canada governor Mark Carney warned Thursday in New York.
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Canada's richest people still rich despite recession
The wealthy Thomson family remains number one on the latest Canadian Business magazine list of the 100 richest Canadians.
Flaherty proposes credit card code of conduct
Finance Minister Jim Flaherty on Thursday threatened Canada's big banks and credit card companies with regulations if they don't get on board with a proposed voluntary code of conduct designed to shield merchants from escalating processing fees for electronic payments.
Business journal
To celebrate its 30th anniversary, the Conseil économique du Nouveau-Brunswick inc will honour six businesses that have been members since the start at its Business of the Year banquet Saturday evening at the Delta Beauséjour hotel.
Corporate crime up in Canada, study says
Corporate crime has risen in Canada over the last year, with sour economic conditions cited as a factor, according a new report.
Enbridge and Renewable Energy Systems wind energy project to create 300 jobs
Enbridge Inc (TSX:ENB) and Renewable Energy Systems Canada Inc. announced Thursday a partnership to develop a wind energy project in Ontario which would create 300 construction jobs.
It may be time to buy foreign investments
Some investors follow the crowd. Some investors like to take advantage of good long-term opportunities.
OECD doubles growth forecast for developed economies
The world's rich and developed economies will grow faster next year than earlier expected, but the recovery will remain modest, with the United States and Japan outpacing Europe and other developed economies, including Canada, a Paris-based watchdog said Thursday.
Potash slump hits Saskatchewan
A dramatic plunge in revenue from a pink mineral has the Saskatchewan government seeing red.
TSX achieves record yearly financings of $49.7B
The Toronto Stock Exchange said Thursday that it has already achieved record levels of financings for the year with a couple of months still to go, indicating improved confidence in the world economy.
Worries of subdued economic recovery bring down North American markets
The Toronto stock market finished lower Thursday on worries about the pace of an economic rebound, downgrades in the tech sector and concerns about financial stocks after two major institutions announced moves to raise more capital.
Business journal
Rogers Sugar Income Fund (TSX:RSI.UN), Canada's largest sugar producer, reports its net profit more than doubled in the fourth quarter to $24 million from $10.7 million.
Business New Brunswick heading north
Victor Boudreau says he's very much aware of the challenges facing northern New Brunswick and the minister of Business New Brunswick wants his department's front-line workers to get a first-hand look at the troubled region as they try to develop programs and services to help bolster the struggling economy.
Deal may accelerate mining activity
A junior base metals firm looking to build a mine near Bathurst is in discussions with Xstrata Zinc to strike an ore processing deal that could accelerate mine development.
Market report
Enbridge Gas New Brunswick reached a significant milestone by recently reaching the 10,000 mark in signed customers.
TransCanada forecasts 60 per cent increase in EBITDA between now and 2013
Natural gas shipper and power producer TransCanada Corp. (TSX:TRP) is forecasting major growth between now and 2013.
Dwindled demand causes Tembec to hit rock bottom
Tembec Inc. (TSX:TMB) expects a gradual improvement in its financial performance after dwindled demand caused the forestry company to hit rock bottom.
CRTC blamed for empowering cable firms
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.
Who's the fastest of them all?
Telus Communications Inc. (TSX:T) has launched legal action against Rogers Communications Inc., claiming its advertisements boasting of Canada's fastest and most reliable network are false and misleading.
Globalive to keep 800 employees(on payroll
Globalive says it will keep 800 employees it hired for its new cellphone service, despite the fact the wireless business is facing difficulties getting started.
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