Tue, 15 May, 2012CBC.ca 3:20 | 1,376 viewsFinance Minister Jim Flaherty says employment insurance rules defining 'suitable employment' and 'reasonable' efforts at finding work have yet to change, but people should be prepared to take just about any job Continue reading →
Divorce lawyers and wedding planners have been gearing up for the Facebook IPO, waiting for the influx of wealth in Silicon Valley to stir up drama in romantic relationships, for better and for worse.“When Google went public, there was a wave of divorces. When Cisco went public there was a wave of divorces,” says Steve Cone, a divorce attorney based in Palo Alto, near the social network’s Menlo Park headquarters. “I expect a similar wave shortly after Facebook goes public.” More related to this story The Facebook IPO will mint hundreds of new millionaires, some billionaires, once employees are allowed to sell their shares after the six-month lock-up period, funnelling cash to all parts of the local Silicon Valley economy.Personal wealth managers have been courting ... Continue reading →
RT @kathygriffin O Liz,u ole so n so!@HuffingtonPost: Obama corrects Elisabeth Hasselbeck on his gay marriage stance http://t.co/imr6djNy” O Liz,u ole so n so!@HuffingtonPost: Obama corrects Elisabeth Hasselbeck on his gay marriage stance http://t.co/imr6djNy” RT @monaeltahawy Valerie Jarrett: "Just Plain Wrong: House Republican Bill Undermines the Violence Against Women Act" http://t.co/Y9S1e08I Valerie Jarrett: "Just Plain Wrong: House Republican Bill Undermines the Violence Against Women Act" http://t.co/Y9S1e08I Continue reading →
Enlarge Image TMX CEO Thomas Kloet smiles before speaking at the company's AGM in Toronto on Friday May 11, 2012. THE CANADIAN PRESS/Frank Gunn TORONTO - The CEO of takeover target TMX Group Inc. isn't fazed by how long a regulatory review process is taking, nor the impact on the exchange operator's bottom line, he said Friday as the one-year anniversary of the $3.8-billion dollar bid approaches. Thomas Kloet said progress is being made on the review process for the bid by Maple Group Acquisition Corp — a consortium of 13 Canadian banks, insurers and pension funds — for the owner of the Toronto Stock Exchange. The offer, along with a failed previous bid, have so far cost TMX (TSX:X) nearly $38 million in fees ... Continue reading →
TORONTO — The pace of housing starts unexpectedly surged in April, mainly due to an increase in construction on urban apartments and condos, areas of the housing market that some analysts fear are already too hot. Canada Mortgage and Housing Corporation said Tuesday that housing starts rose 14 per cent to 244,900 units on a seasonally adjusted annual basis last month, compared with 214,800 in March. The seasonal adjustment irons out seasonal variations and calculates an annual number as if the April pace were to continue for 12 months. The number of starts in April far more robust than the decline to a rate 204,000 units that economists had expected. There were just over 21,000 actual starts in April, CMHC said. “This is an important ... Continue reading →
Postmedia Network Inc. PNC.A-T will close its internal wire service and sign back up with the Canadian Press, as it seeks to focus its efforts away from “commodity coverage” toward more in-depth news.The company will cut 25 jobs at the Postmedia News division, which provides stories to its chain of daily papers, including the Ottawa Citizen, Vancouver Sun and the National Post, as well as company websites. More related to this story The service was set up to compete with the Canadian Press in 2007, and ran out of an Ottawa headquarters staffed with reporters and editors.“Much has changed for our company and our industry,” the company said in a statement. “The way commodity news, such as international, breaking news and general-interest health and lifestyle ... Continue reading →
