According to a report Friday, Canada’s Potash Corp. of Saskatchewan Inc. is considering alliances with global companies that could put together a competing offer to Anglo-Australian miner BHP Billiton’s hostile $38.6 billion bid for the fertilizer giant. Citing people familiar with the matter, The Wall Street Journal reported that sovereign wealth funds, Chinese banks, and [...]
Supported by BHP Billiton’s takeover bid for Canada’s Potash Corp., the Canadian dollar rallied against its US counterpart for a second day on Wednesday. A day after Potash’s board rejected the $39 billion takeover offer—the largest so far this year—as “grossly inadequate,” BHP took it directly to shareholders on Wednesday. Since a successful offer from [...]
A closed ward at a Canada hospital is being prepared for dozens of Tamils on a migrant ship heading to the British Columbia coast. They are believed to have contracted tuberculosis during the voyage across the Pacific Ocean. It’s unclear how many of the migrants on board the MV Sun Sea are sick with TB, [...]
A state dinner for Queen Elizabeth II was briefly disrupted when an explosion at a Toronto power facility knocked out electricity in Canada’s largest metropolis. The blackout hit at 4:42 p.m. local time, affecting the city’s subway, several commuter trains, and traffic lights at the height of the evening rush hour, said Hydro One, the [...]
In a two-day summit, the G8 (Group of Eight) rich nations plan to focus on revival from global economic crisis, but they also touched on other crucial issues as well. They touched on Iran and North Korea, and criticized both. The leaders of G8 rebuked North Korea’s communist government and its alleged part in the [...]
Nine forests in the Haute-Mauricie region of Quebec and over 50 continue to burn. Marcel Trudel said, “It was infernal, we’re up against a real monster,” he added that the flames are massive with height s of up to 30 meters!” The Haute-Mauricie region in central Quebec got hit heavily in the province with 50 [...]
Canada’s main university teachers’ organization said that University of Ottawa provost Francois Houle should apologize to American pundit Ann Coulter. In a letter sent this week to Houle, officials of the Canadian Association of University Teachers said, “We feel you [Houle] owe an apology to Ms. Coulter and, even more importantly, you owe the University [...]
Bob Johnson, the legendary American hockey coach, once made an observation about the game of hockey that is pertinent to Sunday’s gold-medal final between Canada and the United States at the 2010 Winter Olympics. The outcome of any hockey game revolved around a series of tangible factor–talent, preparation, will, fatigue, goaltending–and one intangible, luck, Johnson [...]
