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Business

TSX down on IMF economy warnings

The Toronto stock market closed lower Tuesday after the International Monetary Fund warned that economic conditions are deteriorating while traders anticipated the start of an earnings season that could be the most disappointing in years.

Fertilizer for nukes in Quebec

Some workers in Becancour, Que., who are facing the imminent closure of a nuclear power plant, may soon find new jobs. Plans have been announced for the construction of a $1.2-billion nitrogen fertilizer plant.
Home starts even with last year

Home starts even with last year

Residential construction in Greater Victoria is running on par with last year's levels, although Canada's housing market continued to show signs of cooling last month. The Canada Mortgage and Housing Corp.
Stanley Black & Decker sells hardware business

Stanley Black & Decker sells hardware business

$1.4-billion deal with Spectrum includes Pfister

Restaurant giant hiring more part-timers

Test move designed to save on rising health-care costs

Taiwan asks apple to blur radar sites

Taiwan is asking Apple Inc. to blur a map image of its new $1.4-billion early warning radar station that can detect aircraft and missiles coming from as far as western China.

Roxy's liquor licence bid goes to public hearing

Victoria residents will get a chance to have their say on the Roxy Classic Theatre's bid to serve liquor at its Quadra Street location. Vogue Amusements Ltd., operating as the Roxy, has applied for a liquor primary licence.
Pipeline hearings return to B.C.

Pipeline hearings return to B.C.

B.C. outlines questions to Enbridge on Northern Gateway strategies for spill prevention and response

Coating resins business sold for $1 billion

Chemical coating maker Cytec Industries Inc. has agreed to sell its coating resins business to private equity firm Advent International for $1.03 billion.

Boomers want new businesses

A new survey from TD Canada Trust suggests baby boomers have one more career move in them before they retire - they want to run their own business first.