Business

Tembec's lumber mill in Temiscaming

Tembec production halted due to strike at Temiscaming lumber mill

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Canadian multinational paper company Tembec Inc. halted production at its Temiscaming lumber mill, in Quebec near the border of Ontario, following a strike by...
Suzanne Côté to Supreme Court of Canada

Suzanne Côté named to Supreme Court of Canada by Stephen Harper

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Suzanne Côté has been named by Prime Minister Stephen Harper to the Supreme Court of Canada. Ms. Côté is the first female from private...
Canadian trade balance

Canada’s current account deficit smallest in six years

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Canada posted its narrowest current account deficit since 2008 in Q3 2014, as deficits in tourism and investment fell and non-energy exports surged, Statistics...
Canada Post

Canada Post turns $129m loss into $13m profit

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Canada Post Corporation reported a pre-tax profit for the 3rd quarter of $13 million, versus a $129 million loss in Q3 2013, the state-run...
The Smith Commission

Scotland’s income tax should be set by Scottish Parliament, commission concludes

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The commission on strengthening devolution, the Smith Commission, concluded that Scotland’s income tax rates and bands, as well as decisions regarding benefits and welfare,...
Virgin-Stagecoach JV

Stagecoach and Virgin win InterCity East Coast rail franchise

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Stagecoach Group plc. and Virgin Group Ltd. are to be awarded the InterCity East Coast rail franchise, the UK Department forTransport announced on Thursday....

Business investment in surprise third quarter decline in UK

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Business investment declined in the third quarter in the UK, surprising economists, who had expected an increase. Business investment fell -0.7% in Q3 from...
Australia

Australian incomes fall as population rises, masking weakness

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Average incomes in Australia are declining as the nation’s population rises “masking underlying economic weakness,” says a Queensland University of Technology (QUT) study. Dr. Mark...
BG Group

BG £25m pay proposal for new CEO excessive and inflammatory, says IoD

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BG Group’s incoming CEO Helge Lund is to get a £25 million pay deal if the proposal goes through, which the Institute of Directors...
Eurozone

European Commission €350bn investment plan launched to boost growth

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A €350 billion investment plan to kick-start the Eurozone’s economy and create jobs was announced by the European Commission on Wednesday. Most of the...