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Canada Bankruptcy News. Service for global professionals. Constantly updated news and information about Canada.
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Latest Canada Bankruptcy News

  • Getting answers: Try our year-end business quiz 26 Dec 2009 12:50 GMT
    ... 27. When Bern suggested that Switzerland's banking duopoly of ... Goldman Sachs, in recognition of having escaped bankruptcy through government assistance, and mindful of Main ... retailing tradition adopted this year by some Canadian merchants. Its name refers to the staffing ...

  • Airfare about to take off 26 Dec 2009 11:31 GMT
    ... will translate into higher fares, says Air Canada chief executive Calin Rovinescu. "It doesn’t mean ... past decade, the former investment banker believes Canadians understand that the airline needs more revenues ... sustainable. Months after it avoided a possible bankruptcy, Air Canada is bracing for another challenging ...

  • 2000-2009 DECODING THE DECADE: THE FUTURE SO FAR 26 Dec 2009 10:35 GMT
    ... Nanaimo whose former owner had filed for bankruptcy. The new operators trim costs and sign ... Vancouver the centre of organized crime in Canada. Before long, The Independent is telling British ... that receive no antibiotics or growth hormone Canadian player Vincor International launches a joint venture ...

  • 2000-2009 / DECODING THE DECADE: THE FUTURE SO FAR 26 Dec 2009 10:34 GMT
    ... and old Mitel partner Terry Matthews epitomized Canadian high-tech resilience. But after Mr. Cowpland left ... decade with a massive $19-billion takeover of Petro-Canada. Now he is back touting new investments ... Then came the corporate giant's record-breaking $100-billion bankruptcy in 2002, followed by fraud charges and ...

  • Perkins: The year in sports: Homewreckers 26 Dec 2009 09:59 GMT
    ... with Gary Bettman, trying to buy the bankrupt Phoenix Coyotes and move them to Hamilton. ... Russia with five seconds left in regulation, Canada beat Sweden for its fifth consecutive title ... by, uh, MLSE. Still with Toronto, the Canadian Open golf tournament was tortured by rain ...

  • 2009 Was a Clunker. Time to Cash It In. (Today) 26 Dec 2009 07:30 GMT
    ... 2009 Was a Clunker. Time to Cash It In. ... ULRICH, The New York Times DESPITE the bankruptcies, bailouts and plunging sales that quaked the ... to a consortium headed by Magna, a Canadian auto parts supplier, and Sberbank of Russia. ...

  • 2009 Was a Clunker. Time to Cash It In. 26 Dec 2009 07:30 GMT
    ... 2009 Was a Clunker. Time to Cash It In. ... ULRICH, The New York Times DESPITE the bankruptcies, bailouts and plunging sales that quaked the ... to a consortium headed by Magna, a Canadian auto parts supplier, and Sberbank of Russia. ...

  • Top 10 auto stories of 2009 26 Dec 2009 06:36 GMT
    ... what looks like around 10 million. In Canada, the market was down 12.5 per cent, ... 1. General Motors and Chrysler emerge from bankruptcy. This is a fast-moving story that's not ... over by any means. We know that Canadian and U.S. taxpayers spent billions bailing out ...

  • HORSE RACING: Santa Anita faces major hurdles as 75th anniversary season begins 26 Dec 2009 05:53 GMT
    ... ARCADIA - Forget those cashmere sweaters, Rolex watches ... of Magna Entertainment Corp., filed Chapter 11 bankruptcy in March and put most of his ... January. According to Charles, MEC's parent company, Canadian-based MI Developments, is seeking the court's authorization ...

  • Decade's top stories: Terrorism, recession 26 Dec 2009 05:53 GMT
    ... The terrorist attacks in which the ringleader visited Portland ... heavy criticism, FairPoint filed for Chapter 11 bankruptcy protection a year later in 2009. Another ... days later. On Easter Sunday 2006, a Canadian killed two men whose names he selected ...

  • LEVY'S ANATOMY 26 Dec 2009 04:34 GMT
    ... was chief executive officer of one of Canada's top electronics chains, the Source by Circuit ... were on its home turf, acquiring the Canadian chain seemed like a strategic move - ... bigger rivals. Last year, it succumbed to bankruptcy, forcing the still-solvent Canadian division into court ...

  • Ford shares at $10 in wake of Volvo deal 26 Dec 2009 04:32 GMT
    ... Ford shares at $10 in wake of Volvo deal ... to eschew a federal bailout and avoid bankruptcy, and has steadily gained market share all ... its German unit, Adam Opel GmbH, to Canadian parts maker Magna International Inc. and Russian ...

  • Christmas gift or lump of coal? 26 Dec 2009 04:30 GMT
    ... • You will have access to cheap Canadian drugs if you live in Canada. • States whose names contain vowels will ... longer be met. In short, the ideological bankruptcy of socialism will be laid bare by ...

  • Nashville's blueline shines 26 Dec 2009 03:54 GMT
    ... Published on Friday, Dec. 25, 2009 10:22PM EST ... defenceman Shea Weber did likewise on a Canadian Olympic team invitation. Weber personifies the Predators. ... III, is tied up in a U.S. bankruptcy court and chairman David Freeman, who heads ...

  • Rate hikes could hurt overspenders 26 Dec 2009 01:45 GMT
    ... their lives, credit counselling experts warn. With Canadians swimming in debt, forecasts of higher interest ... director of the non-profit counselling service Credit Canada. Those most at risk are homeowners who ... expects that more Canadians will turn to bankruptcy to address their financial problems in 2010. ...


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