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  • #31
    Louis Vuitton takes on Ontario flea market over fake goods


    Luxury retailer Louis Vuitton is going after the landlord of a Toronto-area flea market over the alleged sale of knock-offs on its property.

    According to documents released on April 19 in Ontario Superior Court, the brand, known for its iconic purses and accessories, claims the owner of Dr. Flea's Flea Market at Highway 27 and Albion Road is liable for the infringement of Louis Vuitton's intellectual property.



    More: http://www.cbc.ca/news/canada/toront...oods-1.4092830

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    • #32
      Canadians need to grow a consumer backbone: Neil Macdonald

      So, United Airlines, after three weeks of groveling and apologizing for that terrifying police-state video on one of its flights a few weeks ago, is doing the sensible thing.

      Instead of calling in police goons to brutalize seated passengers and drag them off overbooked flights, United will from now on offer up to $10,000 US to passengers who volunteer to take a later flight. A United spokeswoman quickly returned my call to confirm that.

      But then, that's the way the American market works.



      More: http://www.cbc.ca/news/opinion/canad...bone-1.4094486

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      • #33
        Loblaw hikes dividend on higher profit

        Loblaw Companies Ltd. raised its dividend Wednesday as it reported its latest quarterly profit was up from a year ago.

        The grocery and drug store retailer says its quarterly dividend will rise by a penny to 27 cents per share.

        The increase came as Loblaw reported $230 million in net earnings available to common shareholders or 57 cents per diluted share for the quarter ended March 25.



        More: http://www.cbc.ca/news/business/loblaw-profit-1.4096961

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        • #34


          On a once-empty lot in Midland, Texas, rumour has it that a regional grocery chain just put up a temporary taco stand to keep drilling rigs — which need to give existing buildings a 150-metre berth — at bay until a new store is ready to break ground.

          Tales of eager oil companies champing at the bit to drill within city limits are told by locals with a matter-of-fact shrug and a chuckle, but for the rest of the oil world, the sight of this unassuming taco hut isn't nearly as funny.

          In the last year alone, Big Oil has spent more than $25 billion US on deals in the Permian basin, an area of West Texas and New Mexico about 2½ times the size of New Brunswick. The land grab, dubbed "Permania," has put the venerable oilfields back at the centre of the petroleum universe, a spot that not long ago was happily occupied by Canada's oilsands.



          More: http://www.cbc.ca/news/business/oil-...nada-1.4110300

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          • #35
            Bombardier signs 6-year, $700M IT contract with IBM


            Bombardier Inc. says it has awarded a six-year contract with IBM worth about $700 million to improve its information technology operations in its rail and aerospace operations.

            The Montreal-based company says the deal spans 47 countries and is expected to generate savings and improve Bombardier's global IT organization.

            "As part of our turnaround plan, Bombardier is working to improve productivity, reduce costs and grow earnings," said chief information officer Sean Terriah.


            More: http://www.cbc.ca/news/business/bomb...ract-1.4119538

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            • #36
              Breakfast sandwich sales boom as time-starved Canadians shun cereal at home


              On a recent weekday morning in downtown Toronto, hungry A&W customers lined up to get their breakfast fix before work.

              Although the fast-food chain offers traditional staples like pancakes and omelettes, these early birds all hungered for one thing: the breakfast sandwich, where ingredients like eggs, cheese and bacon are secured between two buns — allowing for easy consumption.


              "It's convenient, it's quick," said James Serreno, dining on a bacon-and-egg sandwich before heading into his administration job.
              "It fits in your hand pretty easily. You can eat it while you're walking," added Kyle Ferreira.



              More: http://www.cbc.ca/news/business/brea...time-1.4119951

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              • #37
                Canadian banks set to reveal quarterly earnings amid housing & debt concerns

                The Canadian banks are expected to benefit from rising U.S. interest rates and fewer bad loans in the oilpatch as they start reporting their latest quarterly results this week, but analysts say worries about the housing market and consumer debt remain key concerns.

                "The reality is that given all of the fears about the Canadian mortgage market, I think that even if the results are good, people will dismiss them as being backward-looking," said analyst Meny Grauman of Cormark Securities.

                The Bank of Montreal will kick off the earnings parade on Wednesday, followed by Royal Bank, TD Bank and CIBC on Thursday. Scotiabank will report May 30.



                More: http://www.cbc.ca/news/business/cana...cast-1.4126642

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                • #38
                  The case for BlackBerry at $45 US a share


                  BlackBerry Ltd. shares have been on a hot streak — rising more than 60 per cent in recent weeks — and one technology analyst thinks some of the company's new products have the potential to help push the stock to $45 US in three years.

                  In a recent report, Gus Papageorgiou, associate director of technology research at Macquarie Capital Partners, pointed to two BlackBerry products — its Radar system for monitoring truck trailers and containers, and the QNX operating software system used to run vehicle systems — as drivers of the company's future.


                  More: http://www.cbc.ca/news/business/blac...tock-1.4131511

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                  • #39
                    Meat prices set to rise up to 9% this year even as other groceries take less of a bite

                    Your grocery bill may not rise by quite as much as Canada's leading food price experts expected this year, but there's one section where you should expect to pay even more: the butcher.

                    The researchers behind Canada's annual Food Price Report, published by Dalhousie University, say that while they have downgraded their expectations for food inflation this year to between three and four per cent, meat prices are set to increase by much more: up to a range of between seven and nine per cent.



                    More: http://www.cbc.ca/news/business/cana...hers-1.4166923

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                    • #40
                      Sears Canada Plunges After It's Said to Near Creditor Protection


                      Sears Canada Inc., the struggling offshoot of Sears Holdings Corp., tumbled as much as 30 percent after people familiar with the matter said it was preparing to seek court protection from creditors. The court filing will likely lead to a liquidation, with the business sold off in pieces, said one of the people, who asked not to be identified because the deliberations are private. The company’s most valuable assets are real estate, but many of its locations are in lower-end shopping centers. That makes it difficult to sell them to a single buyer, the person said.


                      More: https://www.bloomberg.com/news/artic...n-coming-weeks

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                      • #41
                        The strong loonie and ticks that cause meat allergies: CBC's Marketplace consumer cheat sheet

                        Earlier this week the Canadian dollar rose above 80 cents U.S. for the first time in two years.

                        So who wins? If you're planning a trip to the U.S. any time soon, this is good news for you. Online and cross-border shoppers will also find their dollars will go further.


                        More: http://www.cbc.ca/news/business/mark...icks-1.4225844

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