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Ontario Teachers sets a new agenda



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BNN.ca staff
April 03, 2009

One of the country's largest pension funds has sharply cut its Canadian holdings and as a consequence, its say on corporate governance. Jim Leech, Ontario Teachers' Pension Plan chief executive, sat down with Howard Green, to talk about the change in direction and much more.

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RIM profit beats forecasts

Shares of Research In Motion Ltd. jumped in after-hours trading Thursday after the BlackBerry maker posted quarterly financial results that topped Wall Street expectations.

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U.S. expected to lose 650K jobs in March

The struggling U.S. economy probably continued to bleed jobs at a rapid rate in March, continuing to drive up the jobless rate at a startling pace.

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G20 leaders strike $1T crisis plan

The Group of 20 countries failed to unveil new stimulus spending to fight the global economic downturn but pledged $1 trillion US in emergency aid to help struggling countries and revive global trade.

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TSX rallies to highest close since Jan. 9

Toronto's main stock index shot to its highest close in nearly three months Thursday on hopes that actions agreed to at the G20 summit in London would help restore global growth.

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Latest News

'Worst instability' behind us: Harper

Prime Minister Stephen Harper, sounding one of his cheeriest notes since the economic crisis began, said Thursday he believes the worst financial instability is over and that he expects to see more positive news in coming months.

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U.S. jobless claims surge, factory orders rebound

The number of U.S. workers filing new claims for jobless benefits surged to a 26½-year high last week, data showed on Thursday, indicating that layoffs have yet to peak even as other data signalled some improvement in the economy.

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U.S. mark-to-market changes finalized

An independent board that sets U.S. accounting standards bowed to congressional pressure on Thursday and discussed ways to give banks more flexibility to determine the value of toxic assets that have forced billions of dollars in writedowns.

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Bomber profit jumps 42%, cuts more jobs

Bombardier Inc. reported a better-than-expected quarterly profit Thursday, but said it would cut another 3,000 jobs and scale back production of its business jets this year due to dwindling orders.

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Scotiabank CEO Rick Waugh on Headline

World leaders gather in London for the G20 meeting to figure out solutions to the global financial crisis. So what will the world's top bankers be watching for? BNN speaks to Rick Waugh, president & CEO of the Bank of Nova Scotia.

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Tang cease trade order extended

A cease trade order against Weizhen Tang and his firms has been extended until Sept. 10. Scott Peterson reports on the man accused of running a $60-million Ponzi scheme.

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Best of BNN: Mar. 23 to 27

BNN presents nearly 12 hours of live interviews and analysis each weekday, so there's a good chance you've missed some. Here's a selection of our most memorable programming from the past week.

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Market Monitor

Stock prices are delayed 15 minutes. Source: Globe and Mail.
 

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