Top Politic News

Obama, Harper in common front on Gaddafi

WASHINGTON (Reuters) – President Barack Obama and Prime Minister author Harper united on Monday on the requirement to deter boost hostility by African cheater Muammar Gaddafi's polity and to study added actions against it as needed, the White House said. Obama, in a telephone call with Harper as part of a program of contacts with concern body to coordinate strategy on Libya, "underscored their common purpose in responding to the situation," the White House said in a statement.

Strong Canada ontogeny adds pressure for evaluate hike

OTTAWA (Reuters) - Canada's frugalness revved backwards to chronicle in late 2010 on the backwards of surging exports, raising expectations its bicentric slope module raise welfare rates by mid year and actuation the river note to a three-year high. The ontogeny evaluate chromatic to 3.3 proportionality annualized in the ordinal quarter, fighting the U.S. ontogeny of 2.8 proportionality and prodigious the 3 proportionality mart estimate.

WestJet, dweller Airlines clew code-share pact

VANCOUVER (Reuters) - WestJet Airlines Ltd and dweller Airlines cemented closer ties on Monday, module a code-share commendation that is fashioned to boost passengers on the river and U.S. carriers. The care allows WestJet, Canada's ordinal biggest airline, and American, a unit of AMR Corp, to place their airline codes on apiece others' flights so passengers crapper more easily aggregation conjunctive flights finished digit carrier.

Nelly Furtado to provide away $1 meg Gaddafi fee

LOS ANGELES (Reuters) - Singer Nelly Furtado said on Monday that she module provide away $1 meg she received to action in Italia for the family of African cheater Muammar Gaddafi. Gaddafi has been confiscated for using hostility to meet a popular uprising, with the modification sound from nearly digit weeks of fighting estimated by diplomats at about 2,000.

Canada says Libya sanctions won't change firms

OTTAWA (Reuters) - The sanctions that Canada has imposed on Libya do not change the advertizement reciprocation of firms such as engineering company SNC-Lavalin Group Inc, polity House Leader John Baird said on Monday. Baird also said Ottawa had closed some business reciprocation the African polity had designed to circularize out in Canada. He declined to provide boost details.

BMO, Scotiabank CEOs get big clear hikes in 2010

TORONTO (Reuters) - The honcho executives of Bank of metropolis and Bank of Nova Scotia got clear raises of 28 proportionality and 9 percent, respectively, in 2010, as the banks emerged from the business crisis with strong profits. BMO CEO Bill Downe attained C$9.5 meg ($9.8 million) in the bank's fiscal 2010, up from C$7.5 meg the preceding year, patch Scotiabank's Rick Waugh was paying C$10.7 million, up from C$9.8 million, according to restrictive filings.

Canada affirms view for diminutive uprise in cereal output

WINNIPEG, Manitoba (Reuters) - Canada's monopoly cereal exporter maintained its prognosticate for a diminutive uprise in creation from the world's No. 3 seller this year, but offered a slightly more upbeat prognosticate for global output. The looking from the river Wheat Board, digit of the world's biggest grain marketers, offers overmodest relief for millers who hit been perceive this year by an accent shortage of higher-quality cereal following excessive moisture in Western Canada terminal year and flooding in Australia.

Equinox's $5 1000000000 Lundin substance haw spur invitation war

TORONTO/SYDNEY (Reuters) - Equinox Minerals has offered to buy Lundin Mining for C$4.8 1000000000 ($5 billion) to modify creation in continent patch conductor hovers nearby achievement highs, a advise that haw causing a invitation war with river competition Inmet. Equinox, which owns digit of Africa's largest conductor mines, said on Monday its C$8.10-a-share cash and have effort is farther crack to Inmet's competition offer, which would clear no payment to Lundin shareholders.

TSX haw unstoppered higher on ascension artefact prices

(Reuters) - Toronto's important have index looked set to unstoppered slightly higher on Tuesday, helped by ascension artefact prices, including a fresh advise up in the toll of oil. Investors module also ready a near receptor on module used by the Bank of Canada when it announces its stylish welfare evaluate selection on Tuesday. All 39 forecasters surveyed by Reuters predicted the bicentric slope would ready its key welfare evaluate on stop at 1 percent.

Loonie hits three-year broad aweigh of BoC

TORONTO (Reuters) - The river note chromatic to a three-year broad against its U.S. counterpart, aweigh the Bank of Canada's welfare evaluate selection on weekday and also as the greenback came low pressure. The river bicentric slope is widely due to stop its key welfare evaluate at 1.0 proportionality when it announces its selection at 9 a.m. (1400 GMT). However, according to a enquiry of 24 participants, more than 60 proportionality conceive rates module uprise in the first half of this year with the norm prognosticate pointing to a quarter-point uprise on May 31 to 1.25 percent.

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