Business News Advisory – CP

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Business News Advisory – CP

by ahnationtalk on January 15, 2016368 Views

Source: The Canadian Press
Jan 15, 2016 


Here are the CP Business Department’s early plans for today. All times Eastern unless otherwise stated. Entries are subject to change as news develops. If you have any questions, please don’t hesitate to email Business Editor Lee-Anne Goodman at lee-anne.goodman?, Assistant Business Editor Tara Brautigam at tara.brautigam?, or the department at business? We can also be reached at 416-507-2138.


We will be updating our Dollar-Markets story throughout the day, keeping an eye on the loonie and price of oil, both of which have hit new lows.

Lauren Krugel is staffing Finance Minister Bill Morneau’s visit to the financial heart of the oilpatch, Calgary.

Sue Bailey in St. John’s, N.L., is monitoring an anticipated deadline for Corridor Resources, which is expected to decide whether to start drilling in Old Harry in the Gulf of St. Lawrence or apply for an extension to its exploration licence.

Craig Wong will have an item on the Canadian Real Estate Association’s home sales figures for December.



Canada’s dollar falls below 69 cents US


TORONTO _ The Canadian dollar was trading below 69 cents US early Friday for the first time since 2003 as crude oil futures dropped below US$30 a barrel and overseas stock markets fell sharply.The loonie traded as low as 68.74 cents US about five hours before the Toronto Stock Exchange open at 9:30 a.m.. The dollar was higher at 7:30 a.m., at 68.88 cents US _ about three-quarters of a U.S. cent below the Thursday closing price. PHOTO. Moves Business and National. Will be updated.


Finance Minister Bill Morneau visits Calgary


CALGARY _ Finance Minister Bill Morneau is visiting the financial heart of the oilpatch as he wraps up a week of pre-budget consultations.Morneau will meet today with members of the Calgary Chamber of Commerce and leaders from the energy and environmental sectors as low oil prices continue to gnaw at Alberta’s economy. PHOTO. Moves National and Business. Guard against duplication.


Advocate concerned over lack of licence


WINNIPEG _ An air passenger advocate is raising licensing concerns with Canada’s new ultra-low-cost air travel company, NewLeaf.Halifax-based Gabor Lukacs says people should be alarmed that it’s an unlicensed company, saying that leaves passengers with a financial risk. PHOTO. With Aerospace-Conference; pronouncer Lukacs (LOO’-kaks); Moves Business and National, avoid duplication. 490 words.



ST. JOHN’S, N.L. _ Newfoundland and Labrador Premier Dwight Ball addresses the annual general meeting of the Heavy Civil Association representing the province’s construction industry. (7:30 p.m. at Holiday Inn, 180 Portugal Cove Rd.)

HALIFAX _ Health and Wellness Minister Leo Glavine announces changes to the Seniors’ Pharmacare program. Also available via conference call at 1-888-653-2299, passcode: 8826446. (9 a.m. at Media Room at One Government Place, 1700 Granville St.)

OTTAWA _ The Supreme Court of Canada provides a briefing on the judgment Canadian Pacific Railway Company v Attorney General of Canada (independence of agency). (9:15 a.m. at Supreme Court of Canada, 301 Wellington St., Press Room)

OTTAWA _ Canadian Real Estate Association expected to release December home sales.

TORONTO _ Ontario Premier Kathleen Wynne delivers remarks at the Ministry of Transportation’s 100th anniversary celebration, alongside Transportation Minister Steven Del Duca. (11 a.m.)

x-CALGARY _ Finance Minister Bill Morneau holds pre-budget consultations, followed by a media availability at 3:15 p.m. (2 p.m. at University of Calgary, Room EDC 179, Education Classroom Block, 2750 University Way NW)

x-WINNIPEG _ Northern First Nations are scheduled to make an announcement regarding their intent to purchase the Hudson Bay Railway and Port of Churchill. (11 a.m. at 1601-275 Portage Avenue, MKO Boardroom)

SASKATOON _ Francoise-Philippe Champagne, parliamentary secretary to Finance Minister Bill Morneau, holds media availability following pre-budget consultations. (12 p.m.)

VANCOUVER _ Whistler Blackcomb president Dave Brownlie speaks to the Vancouver Board of Trade about the resort town’s 50th anniversary. Please RSVP at media(at) (1 p.m. at Fairmont Pacific Rim, Star Sapphire Ballroom, 1038 Canada Place)

VICTORIA _ The Shawnigan Residents Association judicial review of an Environmental Appeal Board decision allowing the dumping of contaminated soil at a site near Shawnigan Lake. Through Jan. 15. (10 a.m. at Room 401, Victoria Law Courts, 850 Burdett Street)





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