CBC | Money News

Russia cuts all gas exports to Europe: Ukrainian officials
Russia has cut off natural gas supplies through all pipelines that run through Ukrainian territory, choking off consumers across Europe, Ukrainian officials said Wednesday.
Wed, 07 Jan 2009 05:36:28 EST

House prices expected to slip nationally: Royal LePage
The Canadian real estate market is headed for a "correction" and not a crash this year, with average prices across the country expected to decline by three per cent, Royal LePage said Tuesday.
Tue, 06 Jan 2009 11:09:18 EST

Flaherty touts tax cuts as economic stimulus
Finance Minister Jim Flaherty is suggesting tax cuts and measures to revive the commercial paper market may be included in the federal budget when it's tabled in three weeks.
Tue, 06 Jan 2009 11:09:26 EST

Alcoa to cut back its global work force
Pittsburgh-based aluminum giant Alcoa is slashing its spending due to the economic downturn.
Tue, 06 Jan 2009 17:26:00 EST

Lionsgate to enter lucrative U.S. cable market
Lionsgate, the movie studio known for producing the Saw horror film franchise, has cut a deal to buy TV Guide Network and TVGuide.com for $255 million US from Macrovision Solutions.
Tue, 06 Jan 2009 16:29:11 EST

Drop in Nov. orders backs Fed claim that '09 will be tough for U.S.
The U.S. Federal Reserve thinks the American economy will get worse in the first half of 2009, according to minutes of the board's December meeting released Tuesday. And, right on cue, new orders for domestic manufacturers fell by twice as much as economists had expected, the U.S. Commerce Department also said Tuesday.
Tue, 06 Jan 2009 16:20:04 EST

Corporate financings and mergers hit the economic wall in '08
Canadian companies decided to hold off new financings and mergers in 2008, according to two separate reports released Tuesday.
Tue, 06 Jan 2009 12:34:06 EST

Small oil company lays off employees, predicts trouble for juniors
The president of a small oil company based in Calgary has laid off two employees and predicts other juniors are in "fairly serious financial trouble."
Tue, 06 Jan 2009 15:25:36 EST

Truck plant in Chatham, Ont., faces another 200 job cuts
A truck plant in Chatham, Ont., that is already facing 490 layoffs at the end of this month will lose another 200 jobs.
Tue, 06 Jan 2009 14:46:24 EST

Business prices drop by biggest amount ever in November
Canada's industrial price index experienced the largest one-month drop on record in November, according to figures released by Statistics Canada Tuesday.
Tue, 06 Jan 2009 10:03:50 EST

EU demands speedy end to Russia-Ukraine gas spat
The European Union on Tuesday demanded a quick end to the Russia-Ukraine natural gas dispute that has cut supplies and left thousands of people without heat.
Tue, 06 Jan 2009 19:15:06 EST

Rogers adds close to 200,000 wireless subscribers in Q4
Rogers Communications said Apple Inc.'s iPhone helped boost their wireless customer base, with the company announcing Tuesday it had added 199,000 net subscribers in the fourth quarter of 2008.
Tue, 06 Jan 2009 09:52:16 EST

Dorel to launch kids' car seat business in Brazil
Canada's Dorel Industries Inc. is launching a new division to manufacture and sell car seats in Brazil, the company announced Tuesday.
Tue, 06 Jan 2009 14:01:18 EST

Kanata woos federal departments to fill high-tech void
Officials in Kanata want to fill empty space in their former high-tech hives with thousands of federal bureaucrats.
Tue, 06 Jan 2009 11:27:54 EST

December auto sales stall
General Motors said Monday that its Canadian sales for December dropped 19.5 per cent from a year ago as the economy sputtered and many auto companies reported weaker sales.
Mon, 05 Jan 2009 16:37:26 EST