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New board for Threshold

The Threshold Housing Society, which provides transitional housing for youths at risk of being homeless, added five new board members during its annual general meeting - Dennis Anholt, Sean Dhillon, Noraye Fjeldstad, Shannon Horner and Pieta VanDyke.

CPPIB eyes U.S. industrial property

The sa国际传媒 Pension Plan Investment Board is taking part in a $890-million US partnership to develop industrial real estate in the United States, the fund's first direct investment in the sector.

Newspaper ads argue Enbridge case

Readers of major newspapers in sa国际传媒, Alberta and Ontario this week may have noticed a full-page advertisement placed by Calgary-based Enbridge. The statement from the oil giant emphasized the company's "99.

Tourism boosts Cuban economy

Cuban authori-ties report tourism revenues rose 12.8 per cent in 2011, returning to levels from three years earlier as the key sector recovers from losses due to the global financial crisis.

BMO hires financial exec

Mary-Ellen Echle, former general manager of business banking for Island Savings, is joining BMO Bank of Montreal in Victoria.
Companies may have to pay park fees

Companies may have to pay park fees

Businesses near national parks, historic sites and canals run by Parks sa国际传媒 could be asked to pay fees to help offset upkeep and operating costs.

Dropped-call tests get failing grade

Rogers can't back claims, feds say

TSX down as traders become cautious

The Toronto stock market closed near its lows of the day on Wednesday as traders began to question whether optimism about Europe's economy might be premature. The S&P/TSX composite index was down 82.46 points at 11,781.

Correction coming in housing market

10% drop expected: Scotiabank

Economy biting into McDonald's

McDonald's reported flat sales in July at established restaurants around the world, its worst performance in more than nine years and a signal that a weakening global economy is taking a bite out of mainstream diners' discretionary spending.