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The unseen history of ‘white trash’ + MORE Jun 18th
WHITE TRASH
By Nancy Isenberg
One of the central factors in American history has always been one of the least mentioned: class. Even in purely economic terms, early colonial settlement was bedevilled by the question of labour: where to get the workforce to perform the brutal task of turning North A.... More »
Ford government's changes to children's aid societies miss what actually needs fixing, critics charge Jun 10th
The Supporting Children and Students Act would give province greater financial oversight of children’s aid societies, require increased transparency..... More »
North American stock markets fall after inflation spike raises fears of rate hikes - CP24 Toronto's Breaking News Nov 10th
North American stock markets fall after inflation spike raises fears of rate hikes CP24 Toronto's Breaking NewsMarket check Nov 10: Stocks move lower after hotter than expected inflation data Yahoo FinanceStock market news live updates: Stocks fall after hotter-than-expected in.... More »
Wall St. hits 3rd straight record high, as TSX falls amid oil supply glut fears + MORE Oct 4th
TORONTO _ Wall Street nudged toward its third-straight record high Wednesday as Canada’s biggest stock index slipped into the red and oil prices fell amid concerns of a supply glut.
In New York, the Dow Jones industrial average advanced 19.97 points to 22,661.64. The S&P 500 index was up 3.... More »
Conservatives table new prostitution law + MORE Jun 5th
OTTAWA — The Conservative government has introduced legislation to criminalize the purchase of sexual services.
The long-awaited bill would also crack down on those who reap a material benefit from prostitution.
Justice Minister Peter MacKay says the “made-in-Canada” model is aimed.... More »
Caisse snags Australian port, looks to Asia for growth
– theglobeandmail.com
With latest infrastructure investment, the Quebec pension group is taking its first ever stake in a port
Australia rejects US giant Archer Daniels Midland’s $3.1 billion takeover bid for GrainCorp
– canadianbusiness.com
CANBERRA, Australia – Australia on Friday blocked the 3.4 billion Australian dollar ($3.1 billion) takeover bid by U.S. food giant Archer Daniels Midland Co. for GrainCorp Ltd.
Treasurer Joe Hockey, invoking a rarely used power to veto foreign investment, said he rejected the 100 per cent takeover of GrainCorp because it would not be in the Australian national interest.
ADM, which owns a nearly 20 per cent stake in GrainCorp, offered to buy the remaining 80 per cent of the company last year. A sweetened offer in May amounted to 12.20 Australian dollars ($12.63) a share in cash, giving GrainCorp a value of AU$3.4 billion.
The application was the most contentious foreign takeover bid since previous governments blocked the sale of the Australian Securities Exchange to the Singapore Exchange in 2011 and Royal Dutch Shell PLC was barred from buying Australian oil and gas rival Woodside Petroleum Ltd. In 2001.
GrainCorp’s share price tumbled 22 per cent to AU$8.72 on Friday. The price was about the same as it was in October 2012 when ADM first launched its takeover bid…
Treasurer Joe Hockey, invoking a rarely used power to veto foreign investment, said he rejected the 100 per cent takeover of GrainCorp because it would not be in the Australian national interest.
ADM, which owns a nearly 20 per cent stake in GrainCorp, offered to buy the remaining 80 per cent of the company last year. A sweetened offer in May amounted to 12.20 Australian dollars ($12.63) a share in cash, giving GrainCorp a value of AU$3.4 billion.
The application was the most contentious foreign takeover bid since previous governments blocked the sale of the Australian Securities Exchange to the Singapore Exchange in 2011 and Royal Dutch Shell PLC was barred from buying Australian oil and gas rival Woodside Petroleum Ltd. In 2001.
GrainCorp’s share price tumbled 22 per cent to AU$8.72 on Friday. The price was about the same as it was in October 2012 when ADM first launched its takeover bid…
From mobile to Denver Broncos scoreboard; small company helps Twitter make money
– canadianbusiness.com
DENVER – Twitter just issued its IPO but a lingering question is how the popular worldwide microblog company will turn a profit. One Colorado-based company thinks it has found one way to help Twitter, and itself, make money.
Wayin has partnered up with the Denver Broncos to project tweeted photos and tweets from fans onto the Sports Authority Field at Mile High’s Thundervision 2, the stadium’s marquee 40-foot high, by 220 foot wide video scoreboard.
The software allows ads to be placed next to the tweets to generate revenue. It’s unclear how that could impact Twitter’s bottom line. None of the companies would discuss how much money is generated through the deal.
The Broncos rolled out Wayin’s software during the game versus division rival Kansas City Chiefs on Nov. 17.
The team uses the software to search terms or so-called hashtags to find tweets by category from the thousands sent about the game and then pick the ones to send to the scoreboard and 1,100 television screens throughout the stadium, as well as to the Broncos social media hub on the Web…
Wayin has partnered up with the Denver Broncos to project tweeted photos and tweets from fans onto the Sports Authority Field at Mile High’s Thundervision 2, the stadium’s marquee 40-foot high, by 220 foot wide video scoreboard.
The software allows ads to be placed next to the tweets to generate revenue. It’s unclear how that could impact Twitter’s bottom line. None of the companies would discuss how much money is generated through the deal.
The Broncos rolled out Wayin’s software during the game versus division rival Kansas City Chiefs on Nov. 17.
The team uses the software to search terms or so-called hashtags to find tweets by category from the thousands sent about the game and then pick the ones to send to the scoreboard and 1,100 television screens throughout the stadium, as well as to the Broncos social media hub on the Web…
Pembina Pipeline boosting 2014 capital budget 56% to a record $1.5B
– canadianbusiness.com
CALGARY – Pembina Pipeline Corp. (TSX:PPL) is boosting its capital spending program to a record $1.5 billion in 2014.
Calgary-based Pembina said Thursday that the 56 per cent increase over 2013 is being largely driven by its success in securing growth opportunities during the year.
Approximately $1.3 billion, or 85 per cent of the total capital, is associated with previously announced projects, it said.
“Pembina’s capital spending plan for 2014 is indicative of the substantial suite of growth projects we have before us, the majority of which are under long-term, fee-for-service agreements,” president and CEO Mick Dilger said.
“This investment is directly aligned with our goal of providing long-term and sustainable value to our shareholders.”
Pembina plans to spend approximately $670 million, or 44 per cent of the budget, in its conventional pipelines business.
About $510 million, or 33 per cent, is going to midstream on initiatives that will increase its fee-for-service business…
Calgary-based Pembina said Thursday that the 56 per cent increase over 2013 is being largely driven by its success in securing growth opportunities during the year.
Approximately $1.3 billion, or 85 per cent of the total capital, is associated with previously announced projects, it said.
“Pembina’s capital spending plan for 2014 is indicative of the substantial suite of growth projects we have before us, the majority of which are under long-term, fee-for-service agreements,” president and CEO Mick Dilger said.
“This investment is directly aligned with our goal of providing long-term and sustainable value to our shareholders.”
Pembina plans to spend approximately $670 million, or 44 per cent of the budget, in its conventional pipelines business.
About $510 million, or 33 per cent, is going to midstream on initiatives that will increase its fee-for-service business…
Most actively traded companies on the TSX, TSX Venture Exchange markets
– canadianbusiness.com
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,370.83 up 8.77 points):
Ram Power Corp. (TSX:RPG). Geothermal energy. Down three cents, or 25 per cent, at nine cents on 5.81 million shares.
Colossus Minerals Inc. (TSX:CSI). Miner. Up five cents, or 22.22 per cent, at 27.5 cents on 3.65 million shares. The gold sector was up 0.50 per cent at 159.62 points.
DIRTT Environmental Solutions Ltd. (TSX:DRT). Construction. Down 33 cents, or 11 per cent, at $2.67 on 3.06 million shares. The Calgary-based company completed its initial public offering Thursday at 15 million common shares at $3 for gross proceeds of $45 million.
Detour Gold Corp. (TSX:DGC). Miner. Up 50 cents, or 13.77 per cent, at $4.13 on 2.69 million shares.
DHX Media Ltd. (TSX:DHX). Entertainment. Up $1.02, or 24.46 per cent, at $5.19 on 2.63 million shares. The Halifax-based company has a deal to acquire Family and three other children’s TV channels from Bell Media for $170 million cash…
Toronto Stock Exchange (13,370.83 up 8.77 points):
Ram Power Corp. (TSX:RPG). Geothermal energy. Down three cents, or 25 per cent, at nine cents on 5.81 million shares.
Colossus Minerals Inc. (TSX:CSI). Miner. Up five cents, or 22.22 per cent, at 27.5 cents on 3.65 million shares. The gold sector was up 0.50 per cent at 159.62 points.
DIRTT Environmental Solutions Ltd. (TSX:DRT). Construction. Down 33 cents, or 11 per cent, at $2.67 on 3.06 million shares. The Calgary-based company completed its initial public offering Thursday at 15 million common shares at $3 for gross proceeds of $45 million.
Detour Gold Corp. (TSX:DGC). Miner. Up 50 cents, or 13.77 per cent, at $4.13 on 2.69 million shares.
DHX Media Ltd. (TSX:DHX). Entertainment. Up $1.02, or 24.46 per cent, at $5.19 on 2.63 million shares. The Halifax-based company has a deal to acquire Family and three other children’s TV channels from Bell Media for $170 million cash…
