Wednesday, January 4, 2012
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Top Canadian CEOs got 27 per cent pay hike

Frank Stronach. Founder Magna International. Paid: $61,811,287. Ranked: 1st.

Frank Stronach, founder Magna International, is Canada's highest paid CEO earning $61,811,287.

By Dana Flavelle
2012/01/02 21:00:00

Canada's highest paid CEOs got a 27 per cent pay raise in 2010, while ordinary workers earned just 1.1 per cent more, report says. (326)

Business

Most Canadians still plan to top up RRSPs despite tough economy

2012/01/03 13:17:00

Despite weak returns and a squeeze on take-home pay, more than two-thirds of Canadians still plan to contribute the same amount or more to their RRSPs in 2012, a bank survey shows. (2)

Business

Manufacturing data sends TSX higher

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange January 3, 2012.
2012/01/03 17:04:00

The Toronto stock market closed sharply higher Tuesday on the first trading day of 2012 with commodities getting a big lift from strong manufacturing... (0)

Business

RIM stock jumps on reports of possible board shakeup

Research In Motion president and co-CEO Mike Lazaridis, left, and co-CEO Jim Balsillie could soon be stripped of their shared role as chairman of the board, according to reports.
2012/01/03 13:13:00

Stock in beleaguered BlackBerry maker Research in Motion is up almost six per cent amid reports of a possible shakeup of the company’s board. (6)

Business

Twitter fooled by Fake Wendi Deng

Wendi Deng's last notable public appearance was when she was seen pummeling a man who threw a shaving foam pie at Murdoch during a parliamentary hearing.
2012/01/03 16:01:00

A fake account for Rupert Murdoch's wife calls Twitter's verification program into question. (4)

Business

CAW chief sees tough times ahead as January launches with lockouts

2012/01/03 18:28:00

New Years lockouts at two major industrial plants in central Canada — an Alcan smelter in Quebec and a locomotive plant in London, Ont. — may signal a tough year ahead in Canadian labour relations.

Business | Research In Motion

Talk of RIM shuffle lifts share price

2012/01/03 18:25:00

Speculation that Research In Motion Ltd. is poised to name Barbara Stymiest as independent chair lifted the BlackBerry maker’s stock Tuesday, with analysts calling any ouster of co-CEO’s Jim Balsillie and Mike Lazaridis from board leadership a...

Business

Toronto’s oldest indie bookstore to close

Toronto's oldest independent bookstore, The Book Mark, is set to shut down.
2012/01/03 18:00:00

The Book Mark set to shut down after 47 years.

Business

Olive: Why Caterpillar has the upper hand in London plant lockout

Locked-out workers and supporters picket at the locomotive-maker Electro-Motive facility in London, Ontario.
2012/01/03 17:51:00

Caterpillar Inc. and the unionized employees at its locomotive assembly operations in London, Ont. appear to be at loggerheads.

moneyville | saving

Roseman: Some big stores treat you with disrespect

2012/01/03 17:47:00

CBC Marketplace names three store chains with Canada’s worst customer service in its season debut this week.

Business

NYSE may delist Eastman Kodak after shares sink below $1

2012/01/03 16:52:00

Eastman Kodak Co., the unprofitable imaging company that tumbled 88 percent last year, was notified by the New York Stock Exchange that it may be delisted because the shares are too low.

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