News - canada
OECD hawkish on Bank of canada rate hikes
22 May 2012, 9:57 am
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 ...
Analysis: Ackman's CP Rail win puts canada boards on notice
22 May 2012, 7:28 am
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, 4:11 pm
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.[...]
canada Approves Osiris' Prochymal
21 May 2012, 3:50 pm
Health
canada granted approval to Prochymal for the treatment of acute graft-vs-host disease in children who do not respond to steroids.