Articles Written by:    CRAIG WONG     

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Fat jokes aside, MPs jump on Twitter bandwagon

M embers of Parliament are scrambling to climb aboard the Twitter bandwagon – and getting elbowed by controversial, satirical and even phony postings. Victims of fake Twitter accounts now include Prime Minister Stephen Harper and Senator Mike Duffy, the ...

From CRAIG WONG, Globe and Mail,  19 Nov 2009
Related Topics: Twitter Inc,  Stephen Harper,  Mike Duffy,  Jack Layton,  Michael Ignatieff

Government seeking ability to inject capital into federal financial institutions

OTTAWA - The federal government is seeking the authority to inject capital into federal financial institutions, calling it a precaution that will bring Canada in line with what is going on around the world. "Given the speed at which new market ...

From CRAIG WONG, Canadian Business Online,  27 Nov 2008
Related Topics: Northern Rock,  Nancy Hughes

Canadian economy expected to gain 12,500 jobs in September, say experts

"The Canadian job market hasn't exactly given a stellar performance this year and that's because the economy itself is in a depressed shape," TD economics strategist Millan Mulraine said, noting the economy shrank in the first quarter and eked out only ...

From CRAIG WONG, Canadian Business Online,  5 Oct 2008

Ottawa changes rules for government guaranteed mortgages

OTTAWA - Ottawa is tightening the rules for government-guaranteed mortgages that will limit the maximum amortization period to 35 years and require a minimum down payment in a bid to prevent a meltdown like the one in the U.S. subprime mortgage market. ...

From CRAIG WONG, Canadian Business Online,  9 Jul 2008

Supreme Court grants BCE expedited hearing process for appeal case

And if the Supreme Court decides to hear the appeal, it could hear arguments June 17. BCE is seeking to overturn a Quebec Court of Appeal decision to block the $52-billion takeover of BCE by an investor group led by the Ontario Teachers' Pension ...

From CRAIG WONG, Canadian Business Online,  26 May 2008
Related Topics: BCE, Inc.

Teachers remains committed to BCE takeover despite appeal court ruling

"BCE never attempted to justify the fairness and reasonableness of an arrangement that results in a significant adverse economic impact on the debentureholders while at that same time it accords a substantial premium to the shareholders," the ...

From CRAIG WONG, Canadian Business Online,  21 May 2008
Related Topics: BCE, Inc.

XM Canada focused on growth and U.S. satellite radio firms work on merger

OTTAWA - With the merger of the two major satellite radio operators in the United States creeping forward and raising the possibility of a similar deal in Canada, XM Canada's president and chief executive says he's just focused on running his business. ...

From CRAIG WONG, Canadian Business Online,  9 Apr 2008
Related Topics: Sirius Satellite Radio Inc.

Commons finance committee to hear from retail investors in ABCP

However, Merrifield said the Commons committee would not interfere with a restructuring process being overseen by the Pan-Canadian Investors Committee, which is headed by Bay Street lawyer Purdy Crawford. "I think where the (finance) committee really ...

From CRAIG WONG, Canadian Business Online,  8 Apr 2008
Related Topics: John McCallum

Quebec judge rules in favour of Teachers' takeover of BCE

Bondholders had sought to block the deal which they say treats them unfairly. However in his written decision, Silcoff said the takeover doesn't change the rights of the bondholders. "They have the same right to be paid principal and interest by Bell ...

From CRAIG WONG, Canadian Business Online,  7 Mar 2008
Related Topics: BCE, Inc.

Sale of MDA to U.S. defence contractor ATK should be blocked, committee told

He told the Standing Committee on Industry, Science and Technology that there will be times that Canada will want to build its own satellites in the future and without MDA's space business that option will not exist. "MDA is the only space company in ...

From CRAIG WONG, Canadian Business Online,  5 Mar 2008

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