Canada’s Harper Targets Balanced Budgets For Re-election
CANADA STOCKS-TSX gains as gold miners surge after U.S. debt deal
debt deal Thu Oct 17, 2013 10:55am EDT * TSX up 8.67 points, or 0.07 percent, at 12,965.88 * Gold miner gain helps TSX rise while U.S. indices slip * Telecoms weigh after government pushes on roaming, TV bundles By Alastair Sharp TORONTO, Oct 17 (Reuters) – Canada’s main stock index moved slightly higher on Thursday as investors seemed unimpressed with the short-term deal reached to avoid a U.S. debt default and bought into gold and its miners on an expected delay to U.S. stimulus reduction. The U.S. Congress on Wednesday approved an 11th-hour deal to end a 16-day partial government shutdown and pull the world’s biggest economy back from the brink of a historic debt default that could have threatened financial calamity. “The reaction to the debt deal was played into the markets yesterday, said Gareth Watson, a vice president for investment management and research at Richardson GMP. “Today is a new day.” The deal funds the government until Jan. 15 and raises the debt ceiling until Feb. 7. Gold miners led the resource-rich index’s gainers, as the price of the precious metal surged 3 percent on a belief that a planned cut in Federal Reserve stimulus may be delayed. “The Canadian market is holding up better than the American exchanges because we are seeing a bright spot in gold prices,” Watson said. Goldcorp Inc surged 4.7 percent to C$25.55 and Kinross Gold added 3.9 percent to C$5.05. Fortuna Silver Mines Inc jumped 10.6 percent to C$3.66 after it increased its estimate of silver reserves in a Mexican mine 22 percent. The Toronto Stock Exchange’s S&P/TSX composite index was up 8.67 points, or 0.07 percent, at 12,965.88 by mid-morning.
US, Canada in women’s hockey brawl
Canada is also grappling with an aging workforce and lagging productivity growth. Brazil, Russia and India have overtaken Canadas economy, which has dropped to the worlds 11th-largest, since 2006 when Harper came to power. A Senate expenses scandal implicating Conservative lawmakers has dogged the prime minister this year and undermined his efforts to keep the publics focus on his economic record. Nigel Wright, a former managing director at Toronto-based private-equity firm Onex Corp. (OCX) , resigned as Harpers chief of staff in May amid a police investigation following the disclosure he paid about C$90,000 ($87,200) to Senator Mike Duffy to help cover ineligible expense claims. Although Conservatives have fallen in public opinion polls since the scandal broke, Harper continues to have an edge on economic issues, surveys show . Consumer Issues Canadians should be allowed to purchase individual channels from cable television providers, rather than having to buy packages, according to the speech, and the government will encourage wireless firms to lower domestic roaming fees. Harpers administration has tussled with the countrys largest telecommunications providers — BCE Inc. (BCE) , Rogers Communications Inc. (RCI/B) and Telus Corp. (T) — seeking to limit their power and open the market to more competition. Throne-speech promises also included expanding no-cost basic banking services and closing the gap between U.S. and Canadian prices for consumer products.
Take a look back at the best fights from the 2012-13 season . In the first of six exhibition meetings between the two rivals ahead of Februarys Sochi Olympics on Saturday, a hit on Canada goalie Shannon Szabados late in the third period sparked a full-on line brawl Saturday in Burlington, Vt. University of North Dakota product Jocelyne Lamoureux delivered the blow, prompting ex-University of New Hampshire Wildcat Courtney Birchard to accost her in the corner. Fighting in hockey is a rare sight on the international stage (especially in the womens game), but according to Team Canada captain Hayley Wickenheiser, this isnt the first dustup the two world powers have been involved in. We had a similar scrap in 2010, so I guess we have one every Olympic cycle to get it out of our system, Wickenheiser told reporters after the game, via Canoe.ca . It was kind of fun to see, and it brought a lot of intensity to another dog fight with these guys. There are few, if any, blowouts in this series. Canada, the defending Olympic champion, took home a 3-2 win in Game 1. Check out the brawl in the video below, with a stick tap to The Big Lead : Some of the highlights: 0:09 One of the announcers repeatedly says “Oh yeah!” as the brawl begins. 0:35 A true logistical challenge of brawling with cages over your face becomes all too apparent. 0:44 US goalie Brianne McLaughlin is not impressed. 0:55 The camera operator loses focus.
Health Canada Approves A New Treatment Option For Patients With Gastrointestinal Stromal Tumours (GIST), A Rare Form Of Sarcoma
Safety and adverse events were similar to those observed with other tyrosine kinase inhibitors (TKIs).1 The most frequently observed adverse drug reactions ( 30%) in Stivarga-treated patients vs. placebo-treated patients in GIST, respectively, were: hand-foot skin reaction (HFSR) / palmar-plantar erythrodysesthesia (PPE) syndrome, hypertension, asthenia/fatigue, diarrhea, dysphonia, infection, decreased appetite and food intake, and rash. The most serious adverse drug reactions in patients receiving regorafenib are severe liver injury, hemorrhage, cardiac ischemia/infarction, hypertension, reversible posterior leukoencephalopathy syndrome (RPLS), Stevens-Johnson syndrome/toxic epidermal necrolysis, and gastrointestinal perforation or fistula.11 About Bayer Inc. Bayer Inc. is a Canadian subsidiary of Bayer AG and the headquarters for the Canadian operations. Celebrating its 150 anniversary, Bayer AG is an international research-based group with core businesses in healthcare, crop science and innovative materials committed to creating a better life for all through science. In Canada, Bayer operates its healthcare business – Pharmaceuticals, Consumer Care, Diabetes Care, Animal Health and Radiology & Interventional – from its headquarters in Toronto, ON and its CropScience business from Calgary, AB. With more than 1,300 employees across the country, in 2012, Bayer had sales of $1.6 billion CDN and invested $55.9 million CDN in research and development in Canada. Globally, Bayer AG had sales of $39.8 billion Euro and invested $3 billion Euro in research and development. For more information about Bayer Inc., please visit www.bayer.ca . Forward-Looking Statements This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com .