Canadian company BlackBerry Ltd. today reported a large loss of $4.4 billion US from continuing operations in its latest quarter on Friday.
The government has appointed Evan Siddall the new chief executive of Canada Mortgage and Housing Corp. Mr. Siddall, a former investment banker and special adviser to the governor of the Bank of Canada, will serve a five-year term starting Jan. 1.
Canada's annual inflation rate crept higher in November to 0.9 per cent from 0.7 per cent in October but remained below the central bank's target range, ensuring that chronically weak inflation will remain on policy makers' radar as a top concern.
The Harper government will listen to the British Columbia government over the controversial Northern Gateway pipeline but it is the federal cabinet that has the final say, Employment and Social Development Minister Jason Kenney said Friday in Calgary.
A fuel spill in Mount Pearl three years ago is costing North Atlantic Petroleum a total of $100,000 in penalties. The company pleaded guilty in provincial court on Friday to a charge of depositing deleterious substance into water.