Search Results for: Canada

BY SWINEETHA DIAS WICKRAMANAYAKA
LOW uranium prices that are encouraging the international nuclear power industry are giving little incentive for the uranium mining industry to develop new sources, Gerald Grandey, President of Cameco Corporation, the Canada-based world’s uranium producer has said.…

BY MONICA DOBIE
AVON Canada is closing its manufacturing operations in Montreal by the end of the year, a move that will see 150 layoffs. Work will be transferred to American plants in Illinois and Ohio, freeing up money the company said it needs for growth, after spending CDN$16 million on distribution facility improvements and call centre modernisation.…

BY MONICA DOBIE
THE CANADIAN government is taking steps to sell off its remaining 19 per cent share of Petro Canada, which is valued at approximately CDN$2.45 billion. According to the Toronto Globe and Mail newspaper, government representatives have contacted investment bankers to prepare for the transaction.…

BY MONICA DOBIE
CANADIAN tobacco companies may have to introduce a self-snuffing cigarette if recent federal government proposals are given the go ahead. New standards outlined in a consultation paper by Health Canada, urge Ottawa to insist that cigarettes sold in Canada are designed to burn at lower temperatures or self-extinguish if a puff is not taken.…

BY MONICA DOBIE
INDEPENDENT Canadian booksellers were rescued from what could have been a poor Christmas season, by shoppers who bought cheaper paperbacks according to the Canadian Booksellers Association.

The group reported that sales of hardback fiction and other expensive books were slow this year.…

BY MATTHEW BRACE, in Brisbane, EDWARD PETERS, in Hong Kong, RICHARD HURST, in Johannesburg, MARK ROWE, in London, SWINEETHA DIAS WICKRAMANAYAKA, in Columbo and MONICA DOBIE, in Montreal.
FRAUD is fraud, jurists might say. And although jurisprudence generally has a universal flavour and there are frauds that are committed the world over, it would be a travesty of the truth to say that crimes involving deception uniform by nature.…

BY MONICA DOBIE
IMPERIAL Oil Ltd. is pressing Canada’s federal government to fast-track regulatory procedures to speed its construction of a Mackenzie delta pipeline, while support dwindles in Washington for subsidising the competing Alaskan pipeline project. The Toronto-based company said it wants Arctic gas to start flowing by 2007.…

BY PHILIP FINE

THE AMERICAN Textile Manufacturers Institute (ATMI) is voicing its opposition to the Bush administration’s recent tariff-slashing proposal for the ongoing World Trade Organisation Doha Development Round, saying the trade plan will further open the market to China and wipe out US$13 billion worth of US business.…

KEITH NUTHALL
CANADA has joined formal World Trade Organisation (WTO) disputes talks initiated by Brazil against the United States regarding American government subsidies to producers, users and exporters of upland cotton. The Brazilians claim that these payments break the WTO’s Agreement on Subsidies and Countervailing Measures, Agreement on Agriculture, and General Agreement on Tariffs and Trade (GATT).…

BY MONICA DOBIE
THE QUEBEC Superior Court has thrown out a lawsuit brought by Canada’s three major tobacco companies, JTI- Macdonald, Benson and Hedges and Imperial Tobacco who argued graphic health warnings on cigarette packages violated their right to freedom of expression.…