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When is a meal a deduction?

When can you write off the cost of meals purchased while travelling? This was one of the questions covered in a tax case heard this summer involving Air Canada pilot Robert Elwood, who found himself in court over his ability to deduct more than $3,20
Tablets, smartphones push bank change

Tablets, smartphones push bank change

How about taking a picture of a cheque with your smartphone to deposit it? What about getting online advice about your investments when you're on your tablet? And then there's paying for small purchases with smartphones.

Payroll earnings increase in July

Statistics Canada says the average weekly earning for nonfarm payroll employees was $906.68 in July, up 1.1 per cent from the previous month. It says the earnings were also up 4.

CFO quits troubled Sino-Forest

Troubled Chinese forestry company Sino-Forest Corp., which has been accused of being a massive fraud, said Thursday that former chief financial officer David Horsley is no longer employed by the firm.
Carney for Liberal leader?

Carney for Liberal leader?

The Bank of Canada is trying to douse speculation that Mark Carney is a potential candidate for the leadership of the Liberal party.

Cockle joins Pavilion board

Dave Cockle, Deputy Fire Chief for the District of Oak Bay, has been elected by the Oak Bay Kiwanis Health Care Society to sit as a director on the Pavilion board.

Onex, CPP sell Dexter Axle

Tomkins, a company jointly owned by Onex Corp. and the Canada Pension Plan Investment Board, has signed a deal to sell its Dexter Axle division to an affiliate of the Sterling Group for $360 million.

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.