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Around the North

Feds move ahead with plans for national stock market regulator

Federal Finance Minister, Jim Flaherty, continued his ongoing crusade for a national stock market regulator this week, launching a so-called Transition Office to develop a course of action.

Timmins' energy retrofit nabs accolades for Siemens

The Ontario Power Authority has hailed Siemens Building Technologies Ltd, a subsidiary of Siemens Canada Limited, for a successful energy efficiency retrofit project undertaken with the City of Timmins.

Provincial cabinet shuffle shakes up top spots

The late-May departure of former economic development minister Michael Bryant from Ontario Premier Dalton McGuinty's cabinet has finally triggered a shuffling of responsibilities at the provincial level.
Anglo American rejects Xstrata's offer

Anglo American rejects Xstrata's offer

The board of the mining group Anglo American rejected a merger offer by rival Xstrata Monday. In a release, Anglo American said a merger would be unattractive to shareholders and the terms proposed by Xstrata were "totally unacceptable.

Waiting on the feds for Bombardier streetcar money

Thunder Bay and Bombardier are waiting on Ottawa to deliver its share of a $1.2 billion investment to buy new streetcars for Toronto.

Cities band together to remove drugs from Great Lakes

Mayors from the Great Lakes and St. Lawrence River regions launched a new program June 18 to help keep pharmaceuticals and personal care products out of the waterways at the the sixth annual Great Lakes and St. Lawrence Cities Initiative Meeting in Trois-Rivières, Que.

Feds want to 'green' up black liquor

It's not a federal bailout for the embattled Canadian pulp and paper industry, but Ottawa is throwing the sector a lifeline with $1 billion to make mills 'greener.

Sault steelmaker turns year-end profit

Essar Steel Algoma posted a solid 2009 fiscal year with a net income of $217.3 million profit despite a tough $3.5 million loss in the fourth quarter.

Safeway clears the way for local farmers

The Safeway grocery chain is clearing shelf space for locally grown food at its six stores in northwestern Ontario.

“Missed opportunity” for construction to jump-start economy: COCA

The Council of Ontario Construction Association (COCA) said the construction sector will not be the much anticipated “panacea” for the Ontario and Canadian economies.