Category Archives: Business

West Jet gets new planes Business

By Matthew Smith West Jet has announced it will buy 20 new Bombardier Q400 turbo-prop planes to launch a low fare branch of the airline. Public relations manager for the airline Robert Palmer said the new fleet will give travellers more options. “We want to bring low fares to smaller Canadian communities, to liberate Canadians

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Developer proposes casino for Toronto Business

  By Adriano Mancini A casino in Toronto could be one step closer to becoming a reality after a massive proposal was released Friday that would see big changes coming to the downtown core. Developmental company Oxford Properties Group released its estimated $3- billion vision for downtown Toronto on the condition that the city and

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Amateur sports get $205 million boost Business

By Kelly Snider Canada’s largest investment in amateur sport infrastructure has been announced for the 2015 Toronto Pan Am and Parapan Am Games. Combined, the federal government, City of Toronto and University of Toronto Scarborough will be investing $205 million into the Aquatics Centre and the Field House complex, which began construction  in July.  The

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RIM pins hopes on Blackberry 10 Business

Compiled by Andrew Schopp Research in Motion has placed all its chips on the release of the new BlackBerry 10 smartphone and operating platform. Once the pinnacle of the mobile communications industry, Waterloo-based RIM has struggled to keep pace with the hipper and more user-friendly iPhone and Android smart phones. In the release of RIM’s

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Underground economy worth billions Business, News, Uncategorized

Compiled by Helen Surgenor Canada’s underground economy was worth up to $35 billion in 2009, said Statistics Canada—and that doesn’t include revenues from illegal operations, drugs or prostitution. According to the report, “the three most significant sectors in terms of underground economy activity were construction (29 per cent), retail trade (20 per cent) and accommodation

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