Canada

Kirani James shocked over Pistorius murder charge

Kirani-JamesToronto, March 8 : Olympic and world 400 metre champion Grenada's Kirani James says he was shocked on hearing the South African double amputee athlete, Oscar Pistorius, was accused of murder.

James, who shared an iconic moment with Oscar Pistorius at last year's London Olympic Games, said he learnt of the Valentine Day murder of Pistorius's girlfriend through a text he received from one of his roommates, reports CMC.

Pistorius has been charged with premeditated murder and while no date has yet been set for his trial it is expected to provoke worldwide news coverage.

Toronto stock market falls on Friday on lower commodity prices

Toronto stock market falls on Friday on lower commodity pricesThe Toronto stock market fell on Friday and closer lower due to the a decline in the commodity prices as the US lawmakers were not able to reach a deal to avoid an automatic tax increase and weak manufacturing data was reported form China for February.

Canada's LNG industry expects greater demand from China

liquefied-natural-gasVancouver, Feb 26 : The liquefied natural gas (LNG) industry in Canada projected greater demand from China over the next several years, which could provide huge business opportunities for British Columbia
(BC), a province with abundant natural gas deposits in western Canada.

Steve Swaffield, acting president of BG Canada, a global gas company headquartered in Britain, said the LNG industry is excited about soaring demand from China as energy consumption in the country is shifting from coal to cleaner energy sources, reported Xinhua.

Discount oil prices to cost $6 billion in lost royalty revenue in Alberta

Discount oil prices to cost $6 billion in lost royalty revenue in AlbertaPremier Alison Redford of the Canadian state of Alberta has said that the fall in oil prices due to the widening gap between the selling price and the benchmark, will lead to a loss of $6 billion in lost royalty revenue in the coming financial year.

McCaughey recommends voluntary contributions for CPP

McCaughey recommends voluntary contributions for CPPBusiness leaders in Canada have come forward with some measures to address the problem of a shortfall in the pension funds in the country.

Gerry McCaughey, the Chief Executive Officer (CEO) of the Canadian Imperial Bank of Commerce has recommended that the government should implement a system for voluntary contributions to the Canada Pension Plan in order to encourage a culture of savings in the country.

Hadfield hosts live Reddit AMA from space

Hadfield hosts live Reddit AMA from spaceCanadian astronaut Chris Hadfield has hosted a live Reddit for an Ask Me Anything (AMA) Q&A session from space on Sunday, offering a rare glimpse into the lives of the astronauts at the International Space Station.

Age just a number for NHL great Jagr

Jaromir-JagrVancouver, Feb 16 : When Czech ice hockey star Jaromir Jagr turned professional in the 1990-91, four of his Dallas Stars teammates were yet to be born.

Speaking Friday on his 41st birthday prior to the Stars game with the Vancouver Canucks, the Czech great, who returned to the National Hockey League (NHL) last season after three years of playing in Russia, said he originally didn't think he was good enough to play professional hockey, reported Xinhua.

Ex Indian Canadian MP quits amid tax-evasion charges

Ex Indian Canadian MP quits amid tax-evasion chargesToronto, Feb 9 : Sukh Dhaliwal, a former Indian Canadian member of parliament, has resigned as a British Columbia Liberal Party candidate in the coming provincial election amid tax-evasion charges, media reports said.

An emotional Dhaliwal addressed a hastily called news conference Friday at the Grand Taj Banquet Hall in Surrey, where just days earlier he held a fundraiser with Premier Christy Clark attended by 800 supporters, Vancouver Sun reported.

Pallikal wins Meadowood Pharmacy Open

dipika-pallikalWinnipeg, Feb 4 : Indian squash player Dipika Pallikal won the Meadowood Pharmacy Open here by defeating Joey Chan of Hong Kong 3-0 in the final.

Dipika won the set 11-9, 11-7, 11-14 here Sunday to bag the title in its fourth edition, which is a part of the Women's Squash Association (WSA) tour.

Dipika, the first Indian to break into the top 10 of the world rankings, has now dropped to 15th place while Joey's ranking is 19.(IANS)

Davis Cup World Group: Canada shock top-ranked Spain

Davis-CupVancouver, Feb 2 : Five-time Davis Cup champions Spain found itself in an unusual position after going down 0-2 in the opening match of their World Group first round match against Canada.

With the No. 1-ranked Spaniards missing their top four players, including superstar Rafael Nadal and world No. 4 David Ferrer, No. 12-ranked Canada took advantage as their top player, Milos Raonic, won the opening match on the hard court at the University of British Columbia campus, beating Albert Ramos 6-7, 6-4, 6-4, 6-4 Friday, reports Xinhua.

Disasters bring out best in older children: Study

earthquakeToronto, Jan 31 : Natural disasters seem to bring out the best in older children, prompting even nine-year-olds to become more sharing, just as six-year-olds turn more selfish, says a study.

The findings are based on a rare natural experiment in China by researchers at the universities of Toronto, Chicago and Liaoning Normal around the time of a horrific earthquake. A crucial difference between the two age groups emerged one month after the disaster.

Global economic slowdown is affecting growth, says Canadian PM

Global economic slowdown is affecting growth, says Canadian PMCanada's Prime Minister Stephen Harper has said recently that a global economic slowdown is hindering economic growth in Canada.

While speaking at an event in Cambridge, Ontario, the Prime Minster pointed out that the slow growth in the global economy is affecting growth in the country. He said that global slowdown is having a fiscal impact on the country and also the pace of job creation.

"There has been a general slowing of the global economy over the past half year so it is obviously a concern to us," he said.

Howard ejected in Lakers loss to Raptors

Howard ejected in Lakers loss to RaptorsToronto, Jan 21 : Los Angeles Lakers centre Dwight Howard was ejected in the team's 103-108 loss to the Toronto Raptors in NBA action.

The ejection occurred with 1:18 left in the second quarter when Howard and Raptors forward Alan Anderson got tangled after a successful free throw by Metta World Peace Sunday, reports Xinhua.

Both players received a technical foul for their rough behaviour; Howard's was his second of the game. He had picked up one at the 4:43 mark of the first quarter after his shot was blocked by Raptors centre Aaron Gray.

Canada home sales fall 17.4 per cent in December

Canada home sales fall 17.4 per cent in DecemberAccording to figures released Tuesday by the Canadian Real Estate Association, the total housing sales fell 17.4 per cent during the month of December.

The prices of homes increased 1.6 per cent across Canada in December compared to the same month of the previous year. The price rise in Toronto was recorded at 6 per cent. Experts say that it a unique situation in the market as sellers are not ready to bring down prices and buyers are staying away from the housing market as they expect interest rates to remain stable but the prices to fall.

TransCanada bags project to build $5 billion pipeline

TransCanada bags project to build $5 billion pipelineTransCanada Corp. has bagged a contract to build a $5 billion pipeline to connect BC shale natural gas production sites to the West Coast.

The company based in Calgary said on Wednesday that it will design, build, own and operate the proposed Prince Rupert Gas Transmission project for Progress Energy. Progress Energy, which is a unit of Malaysia's Petronas, will connect the reserves of BC shale gas to the western coast of country for exports.

Facebook’s iOS Messenger app updated with voice messages, VoIP calling being tested in Canada

Facebook’s iOS Messenger app updated with voice messages, VoIP calling being tested in CanadaOn Thursday, social network Facebook issued an update for its iOS Messenger app, bringing on new voice capabilities which allow the users to speak to one another or leave 1-minute long recorded messages. However, the update is currently available only for the Canadian users of the Facebook iOS Messenger app.

TSX rise one percent to 12,454.89

TSX rise one percent to 12,454.89Canada's main stock index, Toronto Stock Exchange's S&P/TSX composite index rose 1.1 percent or 138.77 points to 12,454.89 following a deal on to avoid the fiscal cliff situation in the US.

The index was mainly boosted by the strong performance by the materials sector stocks, which began increase following indications from the US that the lawmakers are arriving on a deal to avoid the fiscal cliff situation, which would have introduced automatic spending cuts and tax rises.

Suzlon unit bags international order

Suzlon unit bags international orderREpower Systems SE, a unit of Suzlon Group, has received a contract spreading across several years from wpd Europe GmbH, a subsidiary of project developer wpd AG.

Under the contract, the company will deliver 51 wind turbines to wpd Europe. The two companies also concluded a service and maintenance agreement (ISP) for a total of 15 years for several new projects of the company. The REpower MM92 turbines will be installed in six projects at Whittington, Springwood, White Pines, Napier, Sumac Ridge and Fairview. Each of the REpower MM92 turbines has a rated power of 2.05 MW.

Microsoft expands Surface RT tablet sales into Staples

Microsoft expands Surface RT tablet sales into StaplesMarking a critically significant move for Microsoft, the sales of the software company's Surface RT tablet have now been expanded to the first retailer - Staples. Till now, the device was available only at the Microsoft Stores and via the Microsoft website.

Mark Carney to replace Sir Mervyn King as the Governor of BOE

Mark Carney to replace Sir Mervyn King as the Governor of BOEGeorge Osborne has announced that Canadian Mark Carney, who is working as the Governor of Bank of Canada, will be appointed as the new chief of the Bank of England.

Carney, who was born in the small town of Fort Smith in the Northwest Territories, will have a difficult time ahead as the new head of the most important financial institution in the UK. It is believed that Prime Minister David Cameron will choose Carney at a time when the UK's economy is facing slow growth and serious concerns over cuts and borrowing.

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