All news from March 10, 2010

Just in time for the launch of its wireless network Quebecor has announced fourth quarter results that are a “remarkable” improvement over the same period last year.

The loonie is likely to rise above parity with the U.S. dollar by the summer as higher interest rates, demand for commodities and the perception of Canada as financially solid push up the currency, CIBC World Markets said in a report.

Goldman Sachs has asked an Ontario appeals court judge to overturn a ruling allowing cable operator Shaw Communications to buy the broadcast business of CanWest Global.

Unemployment has now peaked and the province will create some 223,000 jobs this year with 40,000 of them from infrastructure alone, says the Conference Board of Canada.

Canada must enhance competitiveness, especially in telecoms and postal services, as well as reform E.I. to make it a post-recession global economy, the OECD said.

Young Canadian girls have big dreams for their careers. Forget being a teacher or secretary ‹ a new survey shows girls want to be CEOs, school principals and doctors.

Quebecor Inc. returned to profit in the fourth quarter driven by growth in its telecoms business and as cost cuts boosted profit at its media division.

CIBC, whose first-quarter profit quadrupled, said it will open or expand 20 more branches in the latest stage of a plan to improve its network across the country.