Canadian stocks jumped their highest since January on speculations of a Canadian Pacific Railway Ltd. takeover, as the company confirmed it received a bid earlier this year from Brookfield Asset Managment Inc. (one of Canada’s largest investment companies). Brookfield, along with American investment bank Goldman Sachs and Quebec’s Caisse de Depot pension fund, is […]
Waterloo, ON based Research in Motion yesterday promised further growth to its shareholders. RIM cheifs sounded very confident about the release of a new BlackBerry spartphone that can access both Wi-Fi and cellular networks. The new BlackBerry 8820 will be RIM’s first dual-mode smartphone, and its thinnest with a keyboard.
Sure the BlackBerry will have some […]
There has been a huge spotlight on the net’s fastest growing social utility, Facebook. 23-year-old Mark Zuckerberg initially made Facebook available to people only in Harvard - where he went to college. It was then introduced to all colleges, high schools, some comanies, and now everyone. Today there are 150,000 people signing up daily, growing […]
The country’s largest city, Toronto, has always been known as the economic capital of the country. Today this view is arguably incorrect. The city has been shedding jobs in the manufacturing sector for the past five years. The average unemployment rate for this period has been 8.1 percent. For the first time in history, the […]