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UPDATE 2-Sears to cut Sears Canada stake to raise cash for holiday season
(Adds details; updates shares). By Sruthi Ramakrishnan. Oct 2 (Reuters) - Struggling Sears Holdings Corp said it would raise up to $380 million by selling most of its stake in Sears Canada Inc through a rights issue, generating much-needed cash ahead of ...
Sears to Sell Most of Stake in Canada Unit to Shore Up Liquidity  Wall Street Journal
Sears Seeks to Raise Funds Through Rights Offering in Sears Canada Unit  New York Times
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Financing troubles for construction line puts Kami mine in Labrador on hold
ST. JOHN'S, N.L. - Construction of a third power line in Labrador expected to kick-start the proposed Kami mine is suspended because the company behind the development hasn't secured financing.
Labrador power line suspended as Alderon works on financing  CBC.ca
Trouble securing financing has much-anticipated power line on hold in Labrador  680 News
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SaskPower set to unveil 'clean coal' technology
Saskatchewan has attracted international interest in a $1.4-billion large scale application of technology aimed at reducing harmful emissions from coal-fired power plants.
SaskPower set to launch carbon-capture coal plant  CTV News
Canada's SaskPower blazes trail with CCS first  The Australian
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$2 gets Chinese firm controlling stake in Grande Cache Coal
The Asian owners of Calgary-based Grande Cache Coal have signed a deal to sell a controlling interest in the operation for just $2 to Up Energy Development Group Ltd.
$US2 buy adds to bleakpicture for bulk coal  The Australian
Sale Price for Canada Coal Mine: $2  Wall Street Journal
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Jobless claims drop, point to stronger labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, a sign the labor market may be tightening.
Applications for US jobless benefits drop to 287K  The Hindu
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'Historic' BC land deal makes feds, First Nations partners
David Eby Vancouver-area MLA David Eby says First Nations will benefit from land deal. (QMI Agency File Photo). Tweet. Change text size for the story; Print this story.
Huge land deal opens big tracts of Vancouver to development  Vancouver Sun
Musqueam Chief dispels rumours  CKNW News Talk 980
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Former CEO of Manitoba Crown agency not working but still getting paid
WINNIPEG - The former head of Manitoba Public Insurance has been getting contract money from the Crown corporation and doing no work.
MPI CEO says former CEO McLaren getting paid $50K 'to do nothing'  CBC.ca
$50K to do nothing: Retired MPI boss paid to be replacement's understudy  Winnipeg Sun
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Community Mail Boxes Coming
Canada Post is transitioning around 5000 area residents from door-to-door delivery to community mail boxes in Fall 2015. Residents in Windsor, Tecumseh, and Lakeshore with postal codes starting with N8N, N8P and N9K will be affected by the change.
Home mail delivery ends in Tecumseh next fall  Windsor Star (blog)
Canada Post to end door delivery at 5500 Windsor-Essex homes  CBC.ca
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Ford Canada supplier to cut 525 jobs after automaker says it's hiring 1000 in ...
Ford Motor Co. of Canada parts supplier Automodular Corp. said Thursday it plans to shut two Oakville, Ont. plants at the end of the year, leading to a loss of 525 jobs.
Union hopes for job additions at Ford plant in Windsor, Ont.  CanadianManufacturing.com
Ford Adding 1000 Jobs at Oakville Plant for New Edge  TruckTrend Magazine
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Canadian roaster suing coffee-pod maker Keurig
TORONTO -- A Canadian coffee roaster is suing Keurig Green Mountain, which makes single-serving pods for use in its own brand of brewing machines.
Keurig sued for anti-competitive K-cup tactics  Boing Boing
Club Coffee sues pod coffee company Keurig, Report  Canada News
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