| Experts warn wheat prices to remain high |
 27 Aug 2008 11:30 |
| Groups such as the Canadian Wheat Board and the U.S. Department of Agriculture are predicting a record wheat crop worldwide this year, but warning prices will remain high.
Statistics Canada and the Canadian Wheat Board have estimated the country's wheat crop this year at between 22.1 million tonnes and 22.5 million tonnes, up from 18.4 million tonnes in 2007.
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| Nortel Networks Retreats After Lehman Bros. Downgrade (Update1) |
27 Aug 2008 10:55 |
| Nortel Networks Corp. slid to the lowest in five months in Toronto, after being downgraded at Lehman Brothers Holdings Inc., which predicted that North America's largest phone-gear maker will trailits peers.
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| Key supplier on Bombardier's Learjet 85 business plane declares bankruptcy |
20 Aug 2008 11:42 |
| Bombardier Aerospace (TSX:BBD.B) assured Tuesday that the development of its new Learjet 85 business plane won't be unduly affected by the bankruptcy of Grob Aerospace, which is developing thecomposite materials for the new aircraft.
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| Court strikes down ABCP challenge |
19 Aug 2008 11:52 |
| The committee that's trying to fix Canada's frozen $32-billion commercial paper market will now push forward with its plan at full throttle, while pressuring financial institutions to strike sidedeals with some corporate investors so they don't take their fight against the plan to the Supreme Court.
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| Canada Court to Rule Aug. 18 on Commercial Paper Plan (Update1) |
18 Aug 2008 11:29 |
| Ontario's highest court said it will issue a ruling Aug. 18 on a plan to convert C$32 billion ($30 billion) of insolvent Canadian commercial paper into long-term notes, which is opposed by companiesseeking to retain their right to sue banks that sold the paper.
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WestJet flies light |
11 Aug 2008 15:02 |
| WestJet flew slightly more empty planes in July but increased its capacity, whereas rival carrier Air Canada flew fuller planes but slashed its capacity.
Meanwhile, WestJet's CEO vows to continue growing the Calgary-based carrier's domestic capacity, if necessary at the expense of Air Canada.
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| Quebecor wins magazine contract |
11 Aug 2008 14:52 |
| Quebecor World Inc. said yesterday it has won a seven year, $45-million contract to print magazines and periodicals for Canada Wide Media Ltd.
The printer, which is operating under creditor protection, said the deal includes renewal work on titles such as BC Business, Westworld Publications, BC Home, Alberta Home, Gardenwise and Granville... |
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