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Rain closes P.E.I. shellfish harvest

Recent heavy rainfall has led to the closure of some shellfish harvesting in Prince Edward Island. Heavy rainfall can contaminate shellfish and increase levels of bacterial shellfish poisoning.
RIM loss less than feared by analysts

RIM loss less than feared by analysts

Even though it posted another round of losses and weakened revenue, BlackBerry maker Research In Motion delivered a surprisingly positive second-quarter earnings report on Thursday that wasn't as bad as many analysts expected.

Fiscal troubles for provinces ahead: auditor

Ottawa's cost cutting measures have put it on a sound fiscal track for the future, but the provinces are left holding the bag, says Canada's budget watchdog.

North Island College boss to retire in May

Jan Lindsay, president of North Island College for the past four years, announced this week she will retire in May. "While this decision has been prompted by my desire to spend time with our rapidly growing cadre of grandchildren ...
Lies triggered bonuses, Nortel fraud trial hears

Lies triggered bonuses, Nortel fraud trial hears

Three former Nortel executives manipulated financial records to reap millions in bonuses, keeping the now insolvent tech firm's investors and the public in the dark, court heard Thursday during closing arguments at the high-profile fraud trial.

CN tests natural gas-fired locomotives

Canadian National Railway is testing two natural gas-fired locomotives in Alberta's oilsands region to see if it's feasible to switch from diesel to a fuel that's cheap, plentiful and relatively clean.

Yukon property sale complete

Alexco Resource Corp. has completed the sale of its interest in the Brewery Creek property in Yukon Territory, under a follow-on agreement reached in February with Golden Predator Corp.

EU seeks U.S. plane sanctions

The European Union is asking the World Trade Organization to impose up to $12 billion per year in sanctions on the United States as part of a long-running dispute involving government subsidies to plane-makers Airbus and Boeing.

Nova Scotia court approves sale of NewPage paper mill

After a year of legal wrangling, the $33-million sale of the former NewPage Port Hawkesbury paper mill to Vancouver-based Pacific West Commercial Corp. was officially sanctioned Thursday by the Nova Scotia Supreme Court.

Canada/World

Israel calls out Iran B11