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New senior operations team is part of overhaul at CP

Canadian Pacific (TSX: CP) has appointed members of a senior operations team to oversee new service plans as part of an overhaul of operations following a bruising shareholder battle that saw a new CEO installed earlier this year.

Best Buy, Future Shop to trim holiday hiring

Future Shop and sister company Best Buy Canada plan to hire fewer holiday employees than they did last Christmas, partly due to the trend toward customers shopping online.

Ford recalls Fiesta over airbag issue

Ford is recalling more than 154,000 Fiesta subcompacts to fix a problem with the side airbags, including 28,000 in Canada.

Developer to convert Queen Victoria Hotel into rental suites

The Queen Victoria Hotel and Suites building is being converted into rental units. Vancouver-based Concert Properties acquired the 47-year-old, eight-storey building at 655 Douglas St. from the Hartnell family this year and took possesion on Friday.

Mutual-funds sales up from year ago

Investors increased the amount of money they put into mutual funds last month than they did a year earlier, according to data compiled by the Investment Funds Institute of Canada. The industry group said net sales totalled $1.

Small Business Week: Pig smokin' on West Shore

Second location for successful barbecue joint

Truffles Catering earns green award

Truffles Catering has been named Green Business of the Year by the Saanich Peninsula Chamber of Commerce.

Cineplex hires corporate chef

Canada's biggest movie exhibitor plans to dish out more than just the latest films at its new upscale theatres. Cineplex Inc.

Softbank to buy 70% of Sprint

Japanese mobile operator Softbank Corp. said it will buy 70 per cent of Sprint Nextel Corp for $20.1 billion, giving Softbank the American toehold it has long desired and Sprint the capital to expand its network and potentially buy peers.

Saskatchewan well goes deep

At 3.4 kilometres, it's the deepest well ever drilled in Saskatchewan. The shaft has been sunk over the past two months as part of the Petroleum Technology Research Centre's Aquis-tore project to permanently store carbon dioxide deep underground.