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12-year sentences for two Calgary men in elaborate Ponzi scheme
Gary Sorenson, 71, and Milowe Brost, 61, were found guilty of fraud and theft in February for an elaborate, multimillion-dollar scheme in which investors were promised unrealistic returns.
Posted on 7-28-2015 at 12:47 PM
BlackBerry stock jumps most in two months on Morgan Stanley upgrade
BlackBerry Ltd. jumped as much as 6.3 percent in early trading on Tuesday in the wake of an upgrade on the U.S. issue of the stock from a Morgan Stanley analyst.
Posted on 7-28-2015 at 11:59 AM
Canadian dairy farmers head to Maui in last ditch effort against TPP
For Canadian dairy farmers such as Jayne MacDonald of Newtown Cross, PEI, the far-reaching Pacific Rim trade talks entering the final stretch in Hawaii this week are a giant question mark hanging over their future.
Posted on 7-28-2015 at 11:51 AM
Toronto stocks shrug off China panic
Canadian stocks recovered on Tuesday, after closing below 14,000 and marking its longest run of losses in four years, as Chinese shares pulled back from a sell-off.
Posted on 7-28-2015 at 11:35 AM
TransAlta timed outages to drive up prices, Alberta regulator says
The Alberta Utilities Commission says TransAlta intentionally shut down six of its coal-fired power plants during peak usage hours on four occasions during the winter of 2010 and 2011.
Posted on 7-28-2015 at 9:47 AM
Nexen spill worsens outlook for Canadian pipeline plans
It’s becoming increasingly difficult to get oil-sands pipeline projects off the ground, and Alberta’s worst spill since 1980 will probably make it tougher.
Posted on 7-28-2015 at 9:34 AM
This Vancouver parking spot is on sale for a whopping $45,000
The spot is in a commercial parking lot located near Rogers Arena, where the Vancouver Canucks play, and measures 145 square feet.
Posted on 7-28-2015 at 9:16 AM
Home Capital loses veteran director as shares plunge
Veteran corporate director James Baillie has resigned from the board of Home Capital Group Inc., just days before the company is expected to shed light on the sudden drop in its new mortgage business in the second quarter of the year.
Posted on 7-28-2015 at 8:58 AM

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