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WASHINGTON – Federal Reserve policymakers expressed growing concerns in their meeting last month about potential threats towards the U.S. economy, including turbulence in markets, plunging oil prices and slowing development in China and other emerging markets. Minutes of their discussions released Wednesday showed Fed officials acknowledging that the developments managed to get difficult to forecast growth and inflation prospects. As ...

Apart from the stock shots of effluent pipes and belching smokestacks, Naomi Klein’s idea of objectivity concerning the Alberta oilsands is to find a worker ready to blow his nose on the banknote in a Fort McMurray bar. Scenes like this make Klein’s documentary This Changes Everything, that will air on CBC on Thursday night, not just intellectually vacuous but downright objectionable. ...

Did the Ontario Securities Commission overplay its hand if this told everyone around you that it had garnered “the largest amount of investor compensation to date within an OSC no-contest”? Last week the OSC said it has reached a “no-contest settlement with CI Investments Inc.,” noting the “settlement involves approximately $156.A million being returned to harmed investors.” By any measure ...

Air Canada said its costs would fall this year when the Canadian dollar remained unchanged from 2015 levels, and announced plans to buy up to 75 CS300 aircraft from Bombardier Inc as part of an agenda to renew its fleet. A falling Canadian dollar continues to be weighing on Air Canada since the company makes major purchases such as fuel ...

TORONTO – The owner of Jack Astor’s and Canyon Creek restaurants will soon start serving eggs laid by hens not alone in cages. SIR Corp, who owns the 2 restaurant chains and many others, announced Thursday all 64 of its restaurants can make the shift by September. Related Canadian egg farmers to change over completely to more humane hen housing ...

QUEBEC CITY – Air Canada has decided to service as much as 75 passenger jets it’s buying from Bombardier Inc within the companies’ home province of Quebec for 20 years, officials said on Wednesday. Quebec will also drop a lawsuit it filed against Air Canada for not living up to a commitment to keep part of its aircraft maintenance operations ...

Air Canada’s decision to prevent providing capacity guidance was a shot over the bow at short-term investors, but the shrapnel is hitting long-term investors too. The airline’s stock fell for that second day in a row Thursday after it said it won’t release capacity forecasts as well as stop providing monthly operational data. The stock has now lost 15.9 per ...

Warren Buffett’s Berkshire Hathaway Inc. added an investment in Kinder Morgan Inc. during the fourth quarter, snapping up shares from the pipeline operator since it’s market price plunged. Shares in Kinder Morgan were up almost 10 % at US$17.16 in trading Wednesday. Berkshire held 26.5 million shares of the company as of Dec. 31, based on a regulatory filing Tuesday ...