OTTAWA — An internal report card says the Bank of Canada’s economists don’t write too good.
“Economists’ writing skills were identified by many as an area for improvement,” says an audit ordered by the central bank.
“This includes difficulties being succinct, grammatically correct, and prioritizing the data into useful information.”
European Union and Canada reach landmark free trade deal after 4 years of negotiations
By Juergen Baetz
THE ASSOCIATED PRESS
BRUSSELS, Belgium — Canada and the European Union have struck a tentative free trade agreement meant to boost growth and employment, officials from both economies said Friday in Brussels.
TORONTO — BlackBerry (TSX:BB) is appealing to its customers to stay with the troubled smartphone maker as it restructures.
In an open letter released Monday afternoon on Twitter, BlackBerry tells its “customers, partners and fans” that they can continue to count on the Waterloo, Ont.-based company.
HALIFAX—Tech giant BlackBerry has announced the closure of its offices in the Halifax area, eliminating more than 300 jobs.
The company based in Waterloo, Ont. issued a brief statement today saying its offices would be shut down as of Jan. 10.
Most of these employees work as technical support representatives.
TORONTO — The number of doctors in Canada is at an all-time high and payment for their services has continued to rise in lock-step, hitting a jaw-dropping $22 billion last year, the latest figures show.
Canada had more than 75,000 physicians working in 2012, up almost four per cent from the previous year, says a report by the Canadian Institute for Health Information (CIHI).
NEW YORK — Canada won’t “take no for an answer” from the U.S. when it comes to the Keystone XL pipeline, Prime Minister Stephen Harper said Thursday as he sharpened his sales pitch for the controversial cross-border energy proposal.
Absenteeism costs the Canadian economy more than $16 billion a year, according to a study by the Conference Board of Canada.
The report, released Monday, says the average full-time Canadian worker was absent for 9.3 days in 2011 — the latest year for which figures are available — with the highest absenteeism rates found in the health-care and social assistance sector.
WASHINGTON — TD Bank (TSX:TD) is paying US$52.5 million to settle U.S. civil charges after regulators accused the bank of failing to report suspicious activity in accounts linked to a US$1.2-billion Ponzi scheme.
The settlements were announced Monday by the U.S. Securities and Exchange Commission and the Office of the Comptroller of the Currency.
SASKATOON — A Saskatoon company has been granted the first two licences to produce and distribute medical marijuana under new Health Canada pot rules.
Prairie Plant Systems Inc. has been Health Canada’s only supplier of pharmaceutical-grade marijuana for 13 years. CEO Brent Zettl says the new regulations mean people won’t have to go through Health Canada.
TORONTO — BlackBerry Ltd. (TSX:BB) has signed a deal to be bought by a consortium led by its largest shareholder in a deal valued at U$4.7 billion, the companies announced Monday.
The consortium led by Fairfax Financial Holdings. Ltd. (TSX:FFH), a Canadian investment firm primarily focused on the insurance industry, has offered US$9 per share in cash for the smartphone maker.