November 25th, 2014

Business

Alimentation Couche-Tard to test European private label coffee program in Canada

By Ross Marowits, The Canadian Press on November 25th, 2014

MONTREAL – Alimentation Couche-Tard, touting the successful rollout of its Simply Great Coffee program in Europe, says it has begun to test marketing the concept in Canada as the convenience store chain seeks to expand sales of high-margin fresh food. Quebec-based Couche-Tard said Tuesday that it began to sell its own private brand of coffee ... Read More »

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Focus on the Markets

By The Canadian Press on November 25th, 2014

The Canadian dollar closed at 88.87 cents U-S, up 29-100ths from Monday’s close. The S-and-P/T-S-X composite index was up 58.24 points to 15,073.65. Volume at 4:15 p.m. Eastern Time was 434.80 (m) million shares. The Dow Jones Industrial Average was down 2.96 points to 17,814.94. The Standard-and-Poor’s 500 index was down 2.38 points to 2,067.03. ... Read More »

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A list of the top 20 prime-time programs in the Nielsen ratings for Nov. 17-23

By The Associated Press on November 25th, 2014

Prime-time viewership numbers compiled by Nielsen for Nov. 17-23. Listings include the week’s ranking and viewership. 1. NFL Football: various teams, CBS, 26.36 million. 2. NFL Football: Dallas at N.Y. Giants, NBC, 22.38 million. 3. “NCIS,” CBS, 18.1 million. 4. “60 Minutes,” CBS, 17.19 million. 5. “NCIS: New Orleans,” CBS, 16.86 million. 6. “Sunday Night ... Read More »

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Tentative deal to settle part of XL Foods beef recall class-action lawsuit

By John Cotter, The Canadian Press on November 25th, 2014

EDMONTON – Lawyers have brokered a tentative deal to settle part of a class-action lawsuit filed over an E. coli outbreak and the largest meat recall in Canadian history. The lawsuit is against XL Foods Inc., which operated a meat-packing plant in southern Alberta during the tainted beef recall in 2012. Rick Mallett, a lawyer ... Read More »

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Harper’s infrastructure plan to trim next year’s surplus by $300M, down to $1.6B

By Andy Blatchford, The Canadian Press on November 25th, 2014

OTTAWA – And now it’s $1.6 billion. That’s the new projection for next year’s budgetary surplus once the Harper government’s $5.8-billion infrastructure announcement has been factored in, the Finance Department said Tuesday. Canada’s surplus forecast for 2015-16 has been shaved by $300 million, lowering it from the $1.9-billion prediction the government published two weeks ago ... Read More »

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Fox struggling to find audience in new television season

By The Associated Press on November 25th, 2014

NEW YORK, N.Y. – If Fox launches a comeback over the next couple of years, the network may very well look upon the week before Thanksgiving 2014 as its low point. The Nielsen company said the struggling network finished fifth in prime-time viewership behind Spanish-language network Univision last week. Univision was helped by coverage of ... Read More »

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Anti-pipeline grandma willing to go to jail by violating B.C. court order

By The Canadian Press on November 25th, 2014

BURNABY, B.C. – An 84-year-old retired librarian says she’s willing to violate a court injunction and go to jail as she and other anti-pipeline protesters take a stand against fossil fuels by interfering with survey work in Burnaby, B.C. Barbara Grant joined activists near Burnaby Mountain on Tuesday to demonstrate against Kinder Morgan’s proposed plan ... Read More »

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Alimentation Couche-Tard Q2 profit surges 25 per cent to US$286.4 million

By Ross Marowits, The Canadian Press on November 25th, 2014

MONTREAL – Alimentation Couche-Tard’s net income surged 25 per cent to US$286.4 million in the second quarter of its fiscal year despite a dip in revenues blamed largely on a higher U.S. dollar. The Quebec-based convenience store operator, which reports in U.S. currency, says profits excluding one-time charges were $313 million or 55 cents per ... Read More »

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Oilsands alliance sets water use goals, but GHG targets proving tougher

By The Canadian Press on November 25th, 2014

CALGARY – Oilsands companies have agreed to halve the amount of fresh water needed to produce a barrel of oil from steam-driven projects by 2022. It’s the first performance goal set out by the Canadian Oil Sands Innovation Alliance, or COSIA, an organization through which 13 oilsands players have been sharing environmental technologies. In addition ... Read More »

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Cities should consider bans on ride-sharing apps carefully, regulator says

By The Canadian Press on November 25th, 2014

OTTAWA – The Competition Bureau says municipalities should consider whether moves to ban digital dispatch services and ride-sharing applications are necessary. In a commentary published on its website, the federal regulator said Tuesday that municipalities should look to see if less restrictive regulations could address their concerns. The comments follow a move by Toronto last ... Read More »

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