Urban transit gaining momentum in Canada
Combined ridership and revenue levels were up for 10 of Canada's largest urban transit systems in September, Statistics Canada reported Friday.
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Hershey may make US$17-billion bid for Cadbury, topping Kraft, Journal reports
NEW YORK - Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
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Canadian bankruptcies soar in September
Canadian bankruptcies soared 43.3% in the year to September as the recession and rising unemployment rate took its toll on personal finances, according to government data.
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Home reno tax credit rush is on
Linen White or Ancient Ivory paint? These are the types questions being asked by Canadian do-it-yourself-ers as the deadline approaches for submitting claims for a renovation tax credit.
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Two bidders vie for Nortel's optical networking business in auction
TORONTO - Some of Nortel Networks' most-prized assets were on the auction block Friday as two technology giants put their best bids forward in hopes of gaining control.
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Brookfield increases long-term contract for power generation in Ont.
TORONTO - Brookfield Renewable Power Inc. said Friday it has signed a 20-year contract Ontario Power Authority to sell all of its output from 16 of its Ontario hydro facilities.
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