Business

Canadian bankruptcies jump in September Friday, 20 Nov 2009

OTTAWA (Reuters) - Canadian bankruptcies rose about 29 percent in September from a month earlier, as consumer felt the pinch of rising debt and a weak job market, and business insolvencies rose again after sliding to a 22-year low, a report released on Friday said.  Full Article

 
Canada will stay the course on stimulus: Flaherty Friday, 20 Nov 2009 

TORONTO (Reuters) - Finance Minister Jim Flaherty on Friday vowed to resist big, new spending measures in his next budget, but said it was too early to pull stimulus away from a still shaky economy.  Full Article  

Cossette favors Mill Road takeover Friday, 20 Nov 2009 

TORONTO (Reuters) - Cossette Inc, Canada's largest homegrown ad firm, urged shareholders late on Friday to accept an buyout offer from Mill Road Capital, saying a higher proposal from another firm did not yet constitute an official bid.  Full Article