The market for transatlantic flights will be “ultra-competitive” come july 1st with 15.5 per cent more capacity on Canada-to-Europe routes, based on a brand new analysis by National Bank. London will be the most competitive market undoubtedly, with WestJet Airlines Ltd. launching flights from six Canadian cities in the spring and Air Canada increasing its ability to the city by ...
Read More »Yearly Archives: 2016
Good news for germophobes: Boeing wants to bring self-cleaning toilets to its planes
Boeing Co. has developed a new product to tackle a fundamental fear for flying germophobes: airliner lavatories that turn into virtual petri dishes during long-range trips. A huge safety issue’: Canada needs standards to prevent cramming too many people on flights, advocate says An airline passenger advocate says Canada need to look at establishing seat-size standards for commercial airlines Read ...
Read More »Alaskan LNG firm seeks export permit from Canada’s energy regulator
An Alaskan company engaged in distributing liquefied gas has applied for an export permit to the National Energy Board, contributing to the growing list of companies seeking to ship surplus Canadian natural gas to energy-hungry markets. Anchorage-based Crowley Holdings Inc. plans to export around 10 billion cubic feet of natural gas annually for 25 years. In its application filed March ...
Read More »Meet the disease-sniffing dogs out to save Florida’s orange crop from a deadly bacteria
Mira’s nose is really sensitive that they can smell sick citrus trees, and U.S. orange growers are hoping her super sniffer can help combat one of the biggest threats ever for their crop. The government has trained 10 dogs including Mira – a 32- month-old German Shepherd-Belgian Malinois mix – to recognize a bacteria that has been killing citrus trees ...
Read More »A short story about Enbridge’s financing, with a twist
Massive short covering. That was the explanation one investment adviser gave the other day when trying to explain the sharp play the proportion cost of Enbridge dads and moms following a massive $2.3 billion equity financing. That financing, announced following the markets closed on Feb. 24, was larger than previous Enbridge financings, was costing a considerable discount (5.7 percent) and ...
Read More »Oil is pulling out of the market’s biggest storm in seven years
Oil is pulling away from the market’s biggest storm in seven years. A way of measuring price volatility has tumbled in the highest level since January 2009 because the market frenzy eases amid a potential pact between your world’s largest producers to freeze output. Investors in February fixated how and when Saudi Arabia would engage other producers clamoring for a ...
Read More »Battered miners see glimmer of hope as industry gathers at PDAC in Toronto
TORONTO/WINNIPEG – Metal and mineral explorers battered by a protracted price slump are still out of favor with investors, however the recent uptick in bullion prices and a few tie-ups with larger miners are offering juniors a glimmer of hope. The ray of optimism may come as the world’s mining sector prepares for its largest annual gathering, the Prospectors and ...
Read More »Canadian exports show signs of strength amid U.S. growth, low loonie
OTTAWA – Canadian exports are finally beginning to show signs of a persistent recovery, with analysts cheered by healthy volumes in January that rose sharply thanks to the weak domestic dollar and continued U.S. growth. Although Statistics Canada said on Friday the trade deficit had widened to $655 million from $631 million in December, markets paid much more focus on ...
Read More »