Reuters Canada Business Summary (The Globe and Mail) CALGARY, Alberta (Reuters) - The first phase of Petro-Canada's Fort Hills oil sands project in Alberta is expected to cost C$14.1 billion ($13.2 billion), an amount the company hopes to keep in check by staggering the start-up of the project's various parts, it said on Thursday....more...Reuters Canada Business Summary (The Globe and Mail) OTTAWA (Reuters) - Canadian economic growth came to an unexpected standstill in April on a downturn in wholesale trade and manufacturing, especially of vehicles, and a sharp decrease in oil and gas exploration, Statistics Canada said on Friday....more... Reuters Canada Business Summary (The Globe and Mail) NEW YORK (Reuters) - Canadian National Railway Co. said on Friday it has halted rail operations on the main line between Toronto and Montreal after protestors erected a blockade on the company's tracks....more... Reuters Canada Business Summary (The Globe and Mail) NEW YORK (Reuters) - Shares of BlackBerry maker Research In Motion Ltd. jumped more than 20 percent to $199 before the bell on Friday following broker rating upgrades, a day after the company posted a quarterly profit above estimates....more... Reuters Canada Business Summary (The Globe and Mail) TORONTO (Reuters) - CCS Income Trust said on Friday it agreed to be bought and then taken private by a management-led group in a deal worth about C$3.5 billion ($3.32 billion)....more... Drive-in dreamin' (Tacoma News Tribune) Drive-in movie theaters might be harder to find these days than they were, say, 50 years ago. But readers have lots of South Sound drive-in memories stashed away, from cozy rituals to sneaking peeks at movies for free. The following are excerpts from readers' letters....more... Blair admits fear that Afghanistan will disintegrate into another Iraq (The Scotsman) NEW fears were raised over the UK military mission in Afghanistan yesterday as Tony Blair, the Prime Minister, said he worries that the country could slide into the sort of bloody chaos now gripping Iraq....more... |