Archive for the ‘Business & Finance’ Category

Halifax and Vancouver Win Shipbuilding Sweepstakes

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Nova Scotia’s Halifax Shipyard has landed a $25-billion contract to build new combat ships for the Canadian navy over the next 20 years, the federal government announced in Ottawa on Wednesday. Irving Shipbuilding will be the main company responsible for building the navy’s new warships. An $8-billion contract for seven non-combat vessels went to Vancouver’s [...]

Steve Jobs: the man who changed your world

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By Omar El Akkad (From today’s Globe and Mail) In billions of song downloads, finger swipes and sleek white headphones, Steve Jobs lives on. The man who brought the world its most popular phone, tablet and virtual record store died on Wednesday at the age of 56. But the legacy Mr. Jobs leaves behind – [...]

Arkadin Express Unveils Low Cost, State-Of-The-Art Conferencing Services in Canada

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Canadian businesses just got a break, a big break. Arkadin Inc. (http://www NULL.arkadinexpress NULL.com)has just launched its newest product to the Canadian market, Arkadin Express. The new service means that business owners and mobile professionals alike now have access to a top-notch audio and web conferencing service – a first of its kind on many [...]

Conrad Black to return to jail

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By Mitch Potter At the front of the court, Conrad Black stood stoically as a judge ruled his debt to America is not yet fully paid. The former press baron barely flinched at being ordered back to prison. And at that very moment, just a few metres away, unbeknownst to Black, his wife Barbara Amiel [...]

Milton and Toronto entrepreneurs contend that philanthropy makes everyone richer

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By Paul W. Fitzgerald We always hear about people starting new businesses. It’s just a fact of life. Yes, we live in a free market where the spirit of entrepreneurship is welcomed with open arms, there’s no doubt about it. However, while I pen many stories on news businesses and inventions, I just have come [...]

Selling You Home in Toronto: Plan first then act

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Don’t just list your home with a real estate company you know – do your research and homework first. Why pay 2.5% to a listing agent when 80% of a MLS listing is sold by a selling agent? Keep in mind that 80% of the time a home listed on MLS is sold by a [...]

Bankruptcy chief warns of debt’s ‘harsh realities’

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Freelance Writer | Paul Fitzgerald Thursday Night Magazine reports that too many people are spending money they just don’t have From today’s Globe and Mail Newspaper – The superintendent of bankruptcy has added his voice to the growing chorus of warnings that Canadians are gorging on borrowed money. “It’s important for Canadians to be aware [...]

Madoff’s son commits suicide

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New York (Associated Press) – Every day for two years, he carried the toxic burden of a name that meant fraud to the world. On Saturday, the eldest son of disgraced financier Bernard Madoff hanged himself in his Manhattan apartment, another casualty in the saga that sent his father to prison and swindled thousands of [...]

The Wright Sisters do Everything Right

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By Paul W. Fitzgerald They grew up in East York, ON, and Lindsay and Melanie Wright (http://wrightsisters NULL.com) have sure come a long way in the real estate industry. They both got their start in the industry when they were teenagers and today own one of the nation’s leading real estate companies. It’s a dream [...]

Fannie, Freddie Cost at Mercy of Economy

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By Nick Timiaros Fannie Mae and Freddie Mac could cost US taxpayers another $19 billion over the next three years, the bailed-out mortgage titans’ regulator said Thursday, but the tab could nearly double if the U.S. economy slides back into a recession. The projections by the Federal Housing Finance Agency were based on the results of [...]