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Flaherty: always worried by dollar's volatility

Fri Mar 12, 10:03 AM

TORONTO (Reuters) - Finance Minister Jim Flaherty, asked about the recent rise in the value of the Canadian dollar, said on Friday he is always worried about volatility in the currency.

  • Government says BSE cow kept out of food supply Thu Mar 11, 2:47 PM

    WINNIPEG, Manitoba (Reuters) - The Alberta beef cow that is Canada's most recent case of mad cow disease was found dead on a farm and was destroyed without entering food or animal feed supplies, a spokesman with the Canadian government said on Thursday.

  • U.S., Canadian health officials OK Polish isotopes Thu Mar 11, 12:55 PM

    CHICAGO (Reuters) - U.S. and Canadian health officials have approved the use of the medical isotopes created at a Polish nuclear reactor, a move that will help ease a shortage of the materials used in millions of diagnostic tests, health products provider Covidien said Thursday.

  • Canada's Prime Minister Stephen Harper delivers his response to the Speech from the Throne in the House of Commons on Parliament Hill in Ottawa March 11, 2010. REUTERS/Chris Wattie (CANADA - Tags: POLITICS)
    Canada recovering with growing optimism, PM says Thu Mar 11, 11:29 AM

    OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper adopted a more upbeat tone than usual when discussing the economy on Thursday, saying the nation was recovering with a growing sense of optimism.

  • Prime Minister Stephen Harper speaks during Question Period in the House of Commons on Parliament Hill in Ottawa March 9, 2010. REUTERS/Chris Wattie
    Budget fails to boost Conservatives Thu Mar 11, 10:21 AM

    OTTAWA (Reuters) - A federal budget last week did little to boost the fortunes the Conservatives, who still only have a slight lead in public support, according to a poll released on Thursday.

  • New restart delay of Canada's Chalk River reactor Wed Mar 10, 8:22 PM

    VANCOUVER (Reuters) - Restart of the Chalk River medical isotope-producing nuclear reactor has been delayed until at least May because of the complexity of ongoing repairs, Atomic Energy of Canada Ltd said on Wednesday.

  • A Canadian one dollar coin, also know as a loonie, is shown in Montreal, April 28, 2006 file photo. REUTERS/Shaun Best
    C$ hits highest since October Wed Mar 10, 1:57 PM

    TORONTO (Reuters) - The Canadian dollar hit its highest level in almost five months against the U.S. dollar on Wednesday, helped by firm oil prices, the prospect of rising Canadian rates and speculation it will return to parity with the greenback.

  • An Amazon employee receives merchandise at the Phoenix Fulfilment Center in Goodyear, Arizona, November 16, 2009. REUTERS/Rick Scuteri
    Amazon ruffles Canadian feathers with depot plan Wed Mar 10, 4:42 PM

    TORONTO (Reuters) - Internet retailer Amazon.com has smashed up against Canadian pride in its efforts to open a distribution center in Canada, as booksellers grumble that it can't understand the role of Canadian culture.

  • Canada Inuit want action on "catastrophic" TB rate Wed Mar 10, 2:33 PM

    OTTAWA (Reuters) - The rate of tuberculosis among Canada's 55,000 Arctic Inuit people is catastrophically high and much more must be done to combat the lung disease, activists said on Wednesday.

  • Canada's Sidney Crosby celebrates after scoring the game winning goal against the U.S. during overtime in their men's ice hockey gold medal game at the Vancouver 2010 Winter Olympics February 28, 2010. REUTERS/Todd Korol
    Air Canada learns that hockey trumps flying Wed Mar 10, 2:32 PM

    VANCOUVER (Reuters) - Canada's largest airline has learned it sometimes has to take a back seat to the country's biggest sporting passion, ice hockey, the head of Air Canada said on Tuesday.

  • Liberal leader Michael Ignatieff gives a thumbs up while eating a seal meat appetizer during an event to mark the first time seal meat is served in the parliamentary restaurant on Parliament Hill in Ottawa March 10, 2010. REUTERS/Chris Wattie
    Canadian Parliament eats seal to defy "ignorant" EU Wed Mar 10, 2:20 PM

    OTTAWA (Reuters) - Canadian parliamentarians tucked into a meal of seal meat on Wednesday to defy both animal right activists and the European Union, which has banned imports of seal products.

  • Vancouver Canucks winger Mikael Samuelsson (26) scores past Colorado Avalanche goalie Craig Anderson (C) and winger Chris Stewart during the second period of their NHL game in Denver March 9, 2010. REUTERS/Rick Wilking
    Samuelsson hat-trick lifts Canucks over Avalanche Wed Mar 10, 2:26 AM

    DENVER (Reuters) - Mikael Samuelsson's hat-trick inspired a stirring fightback for the Vancouver Canucks in a 6-4 victory over Northwest Division rivals the Colorado Avalanche on Tuesday.

  • The last stands of wheat remain before being harvested by the Sawyer family near Acme, Alberta, September 23, 2009 file photo. REUTERS/Todd Korol
    Canada wheat exports may gain from US-Brazil spat Tue Mar 9, 1:18 PM

    WINNIPEG, Manitoba (Reuters) - Canadian wheat exports stand to gain from Brazil's move to triple non-hard wheat tariffs against the United States, a Canadian Wheat Board official said on Tuesday.

  • Canadian jury dismissed in Air India perjury trial Mon Mar 8, 10:25 PM

    VANCOUVER (Reuters) - A Canadian judge on Monday dismissed a jury as it was about to hear the perjury trial of Inderjit Singh Reyat, who is accused of lying in court about an Air India bomb plot 25 years ago, saying he feared the panel may have been tainted.

  • A WestJet Airlines Boeing 737-700 aircraft lands at Calgary International Airport in Alberta January 7, 2010. REUTERS/Todd Korol
    WestJet launches frequent flyer loyalty program Mon Mar 8, 6:30 PM

    VANCOUVER (Reuters) - WestJet Airlines Ltd launched its long-awaited loyalty program on Monday, hoping to win and keep more customers at a time when airline travel is starting to recover after a bruising slowdown.

  • A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008 file photo. REUTERS/Rick Wilking
    Amazon.com seeks Canadian foothold Mon Mar 8, 3:20 PM

    TORONTO (Hollywood Reporter) - Efforts to pry open the culturally sensitive Canadian media industry to more foreign ownership took a new turn Monday when Amazon.com sought federal approval to start a new business in Canada.

  • Canadians celebrate by singing the Canadian national anthem at the Eternal Flame in Ottawa February 28, 2010. REUTERS/Chris Roussakis
    Canada drops plans for politically correct anthem Mon Mar 8, 1:28 PM

    OTTAWA (Reuters) - Don't mess with a century-old tradition even if it is sexist, Canadians told the Conservative government this week, forcing Ottawa to scrap plans to make the country's national anthem gender-neutral.

  • Canada says its federal bureaucracy will shrink Mon Mar 8, 12:45 PM

    OTTAWA (Reuters) - The federal bureaucracy will shrink over the coming years as a result of budget curbs, the government said on Monday, prompting one opposition party to predict a major fight over the civil service's future.

  • AbitibiBowater gets tentative deal with union Mon Mar 8, 7:27 AM

    TORONTO (Reuters) - AbitibiBowater Inc has reached a tentative labor deal affecting about 4,000 workers, bringing the newsprint maker closer to emerging from bankruptcy protection, the company and union said on Sunday.

  • Montreal Canadiens center Tomas Plekanec scores the winning goal in a shoot out against Anaheim Ducks goalie Jonas Hiller during their NHL hockey game in Anaheim, California March 7, 2010. REUTERS/Lori Shepler
    Canadiens erase three-goal deficit to edge Ducks Mon Mar 8, 1:29 AM

    ANAHEIM, California (Reuters) - The Montreal Canadiens overturned a three-goal deficit to beat the Anaheim Ducks 4-3 in a shootout on Sunday.

  • A protestor holds the flag of Somali rebel group al Shabaab during a demonstration outside the Jamia Mosque in Kenya's capital Nairobi, January 15, 2010. REUTERS/Thomas Mukoya
    Canada to ban militant Somali Islamist group Sun Mar 7, 8:50 PM

    TORONTO (Reuters) - Canada will list al Shabaab -- a Somali-based Islamist militant group which recently pledged allegiance to al Qaeda -- as a "terrorist group" to prevent it from operating or seeking funds, the Canadian government said on Sunday.

  • Phoenix Coyotes owner Jerry Moyes leaves U.S. Federal Bankruptcy Court in Phoenix, Arizona September 23, 2009. REUTERS/Joshua Lott
    NHL sues ex-Phoenix Coyotes owner Moyes Fri Mar 5, 8:35 PM

    NEW YORK (Reuters) - The National Hockey League on Friday sued former Phoenix Coyotes owner Jerry Moyes, seeking to recover more than $61 million over the trucking magnate's management of the struggling franchise.

  • Steam rises from nearby oil refineries over the city just before dawn in Edmonton, Alberta December 8, 2009 file photo. REUTERS/Andy Clark
    Canada shift on reviewing energy projects critiqued Fri Mar 5, 5:11 PM

    CALGARY, Alberta (Reuters) - Ottawa's plan to shift responsibility of environmental assessments to Canada's main energy regulator fails to address fundamental problems surrounding major oil and gas projects, a green think tank said on Friday.

  • Tim Hortons to open hundreds of new U.S. cafes Fri Mar 5, 3:32 PM

    TORONTO (Reuters) - Tim Hortons Inc unveiled a fresh strategy on Friday to take on Starbucks and Dunkin Donuts in the U.S. market, saying it would open hundreds of new American cafes that break the mold of Tim's iconic Canadian coffee shops.

  • An aerial view shows the rising Red River lapping at Highway 75 just north of Morris, Manitoba, April 14, 2009 file photo. REUTERS/Fred Greenslade
    Flood potential remains high for Red River Fri Mar 5, 1:22 PM

    WINNIPEG, Manitoba (Reuters) - The high probability of major spring flooding along the Red River in North Dakota and Minnesota is little changed from last month, the United States National Weather Service said on Friday.

  • Canada regulator OKs TransCanada shale gas plan Fri Mar 5, 8:25 AM

    CALGARY, Alberta (Reuters) - Regulators on Thursday conditionally approved TransCanada Corp's plan for a C$200 million ($194 million) pipeline, the first federally regulated shale gas transport system in Western Canada.

  • Canada's Finance Minister Jim Flaherty (L) delivers his budget as Prime Minister Stephen Harper (R) listens in the House of Commons on Parliament Hill in Ottawa March 4, 2010. REUTERS/Chris Wattie
    Canada budget tackles deficit, averts election Thu Mar 4, 6:07 PM

    OTTAWA (Reuters) - Canada's minority Conservative government outlined plans to rein in a record-large deficit on Thursday, presenting a budget that lets it keep its grip on power for now.

  • Liberal Leader Michael Ignatieff responds to the budget on Parliament Hill in Ottawa March 4, 2010. REUTERS/Blair Gable
    Liberals say will not bring down government Thu Mar 4, 5:19 PM

    OTTAWA (Reuters) - The Liberal Party will not support the budget unveiled by Canada's Conservative government on Thursday, but it will not bring down the government, party leader Michael Ignatieff said.

  • Canada plans $35 million in medical isotope funding Thu Mar 4, 5:08 PM

    OTTAWA (Reuters) - Canada will spend $35 million over two years to help develop new technology to produce medical isotopes after prolonged problems at the country's Chalk River nuclear plant curbed supply, the federal budget said.