Linens 'N Things Resurrected (In Canada)
In today’s marketplace, going out of business doesn’t mean you go away forever. Your storefronts may disappear, but you’ll just pop up again online—like CompUSA and Circuit City—or you’ll come back on someone else’s shelves as a brand, like Linens ‘N Things. The company announced in a press release last week that it’s signed a […]
Mazda to bring new subcompact to Canada
In an interview with Mazda Motor Corporation president and CEO Takashi Yamanouchi, the Globe and Mail quotes the Mazda boss confirming that the subcompact Mazda2 (Demio in other markets) will be sold in Canada. “I’ve just decided,” Yamanouchi told the Globe and Mail. While it would appear to the average consumer like a simple decision, […]
Calgary CMA's new home price decline fifth highest in Canada
The Calgary census metropolitan area registered the fifth highest 12-month decline in new house prices in August, according to Statistics Canada. The federal agency’s New Housing Price Index, released today, indicates contractors’ selling prices dropped by 6.3 per cent in Calgary from August 2008 to August 2009. The biggest decline was in Edmonton at 11.4 […]
War looms as Taliban surge rocks Pakistan
ISLAMABAD–Pakistan is moving ever closer to a bloody confrontation with the Taliban, which is teaming up with ethnic rivals in a bold series of attacks in the country’s crowded cities. Militants from the heart of Pakistan joined forces with Taliban insurgents from the remote Afghan border region to carry out the audacious weekend assault on […]
Laliberte calls 'social' space mission a success
Cirque du Soleil founder Guy Laliberte said Tuesday his mission was accomplished after a 10-day trip to the International Space Station where he hosted a global web broadcast that featured rock stars and politicians. The Canadian billionaire, dubbed the first clown in space, said his $35 million (U.S.) trip was an effective “marketing tool to […]
Canada Stock Sales Hit Record as Miners Tap Market
Canadian companies sold a record $34.8 billion in stock this year as mining firms such as Barrick Gold Corp. took advantage of a market rebound to raise cash. With three months left in the year, Canadian stock sales have already surpassed the previous record of $34.5 billion raised in all of 2007, according to data […]