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Manipulation of loonie harms trade: economists

Canada is undermining its own objectives in free trade negotiations around the world by not seeking conditions to ensure that currencies are also free, say economists with the CIBC.

Saskatchewan population up

Saskatchewan's population has had the most growth in a single year since 1971. The province says the latest figures from Statistics Canada show the population grew by 22,154 people between July 1, 2011, and this past July 1.

Hedge fund Mason says Telus shareholders need compensation

Mason Capital is making its case again in favour of compensation for holders of Telus's voting shares under a plan to have a single class of common shares for the telecom company.
Intel redesigns chip for tablets

Intel redesigns chip for tablets

Intel previewed a wave of tablet computers powered by a microprocessor that the company redesigned to make a bigger dent in the growing mobile market. An assortment of major computer vendors made the tablets that were shown Thursday.

Enbridge expands tanks

Enbridge is expanding tankage at its Athabasca Terminal to accommodate growing production from two of Suncor Energy's oilsands projects in Alberta.

Defence gets special adviser

Public Works Minister Rona Ambrose has appointed an Ontario businessman to help improve Canada's oftentroubled defence-procurement process. Tom Jenkins will be a special adviser and will work with defence contractors to boost competitiveness.

QLT to buy back shares

Eye drug developer QLT Inc said it plans to buy back up to 3.4 million of its shares over the next year as the first step in a plan to return $100 million to stockholders.

Comox airport adds directors

The Comox Valley Airport Commission has appointed Frank van Gisbergen and Susan Toresdahl to its board of directors.
Facebook starts gifts service

Facebook starts gifts service

Facebook is launching a new service called Gifts which, as its name suggests, lets users send chocolate, coffee, socks and other real-life presents to one another. Facebook Gifts was available Thursday to a subset of users in the U.S.

New European plans give TSX big boost

The Toronto Stock Exchange posted a triple-digit rebound as gold hit a sevenmonth high after two of the most indebted European countries outlined new austerity measures. The S&P/TSX composite index added 105.99 points to 12,338.85.