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Air Canada, machinists dispute heads to arbitrator
22 May 2012 at 4:39pm
(Reuters) - Air Canada said on Tuesday its dispute with the union representing its 8,600 mechanics, baggage handlers and cargo agents will be handed to a government arbitrator after the two sides were unable reach a settlement in 10 days of mediated talks. Both sides will now prepare their final offers for the arbitrator, Michel Picher, to consider. Picher has less than 90 days to choose either ...
Air Canada and IAMAW Proceed to Final Offer Arbitration
22 May 2012 at 3:51pm
MONTREAL, May 22, 2012 /CNW Telbec/ - Air Canada said today that the negotiation phase preceding the arbitration with the International Association of Machinists and Aerospace Workers (IAMAW) has been ...
OECD hawkish on Bank of Canada rate hikes
22 May 2012 at 2:57pm
OTTAWA (Reuters) - The Bank of Canada should resume raising interest rates this autumn to help cool the country's hot housing market and allow the bank to reach its inflation target, the Paris-based OECD said on Tuesday in a report more hawkish than most market players. "It is assumed here that the first policy rate increase will be implemented in autumn 2012, which is a few months ahead of ...
Canada Approves Osiris' Prochymal
21 May 2012 at 8:50pm
Health Canada granted approval to Prochymal for the treatment of acute graft-vs-host disease in children who do not respond to steroids.
Sears Canada Announces New Appointment to Board of Directors
22 May 2012 at 11:00am
TORONTO, May 22, 2012 /CNW/ - Sears Canada Inc. (TSX: SCC) announced today the appointment of Don Ross to its Board of Directors, effective immediately.  Mr. Ross is a partner at a prominent law firm in ...
Canada Dollar Fluctuates on Japan?s Downgrade, EU Summit
22 May 2012 at 12:07pm
Canada?s dollar fluctuated against its U.S. counterpart amid reduced appetite for higher-yielding assets after Fitch Ratings downgraded Japan?s debt and ahead of a European Union summit tomorrow.
Analysis: Ackman's CP Rail win puts Canada boards on notice
22 May 2012 at 12:28pm
TORONTO (Reuters) - The unprecedented boardroom rout that storied Canadian Pacific Railway suffered this week at the hands of a brash New York hedge fund is a flashing warning signal for other members of the Canadian corporate establishment. If a blue-chip bastion like CP Rail, Canada's second-largest railroad, can succumb to an activist's push for change, companies of all stripes best prepare ...
Canada offers cash -- not troops -- post-2014 Afghanistan
21 May 2012 at 9:11pm
Canada will send $110 million a year to Afghanistan starting in 2015 to help keep its fledging army well stocked as they begin fighting the Taliban on their alone. But there will be no more Canadian troops in the war-torn country after the current training mission ends in 2014, period.[...]
Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Air...
21 May 2012 at 2:00pm
RAA - MINNEAPOLIS, MINNESOTA-- - Pratt & Whitney Canada SEA , located in Singapore, has signed a five-year Maintenance, Repair and Overhaul agreement with Pacific Royale Airways, a Jakarta, Indonesia-based ...
Canada won't extend Afghan mission past 2014: Harper
21 May 2012 at 6:23pm
Canada will withdraw all of its troops from Afghanistan in March 2014, Prime Minister Stephen Harper confirmed Monday as the North Atlantic Treaty Organization summit in Chicago wrapped up.
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