Cameron's Feed
Oct 31, 2013

Police have video of Toronto mayor, won’t detail contents

TORONTO, Oct 31 (Reuters) – Police said Thursday they have
obtained a video “consistent” with media accounts that it shows
Toronto Mayor Rob Ford smoking crack cocaine, but they would not
confirm the contents of the video.

Ford, who has denied he smokes crack, said he could not
comment on the matter because the video is evidence in a
separate case before the courts. But he said he would not quit
his job.

Oct 10, 2013

Canada’s Munro wins Nobel literature prize for her short stories

STOCKHOLM/TORONTO, Oct 10 (Reuters) – Canadian Alice Munro
won the Nobel Prize for Literature on Thursday for her tales of
the struggles, loves and tragedies of women in small-town Canada
that made her what the award-giving committee called the “master
of the contemporary short story.”

“Some critics consider her a Canadian Chekhov,” the Swedish
Academy said in announcing the award on its website, comparing
Munro to the 19th-century Russian short story writer.

Oct 10, 2013

Canada’s Munro, “master of the short story”, wins Nobel literature prize

STOCKHOLM/TORONTO, Oct 10 (Reuters) – Canadian Alice Munro
won the Nobel Prize for Literature on Thursday for her tales of
the struggles, loves and tragedies of women in small-town Canada
that made her what the award-giving committee called the “master
of the contemporary short story”.

“Some critics consider her a Canadian Chekhov,” the Swedish
Academy said, comparing her to the 19th-century Russian short
story writer in a statement on its website.

Oct 10, 2013

Alice Munro seen as master of the short story

TORONTO (Reuters) – Canadian writer Alice Munro, who won the Nobel Prize for Literature on Thursday, is an admitted short-story addict who has garnered international praise for her tales of the struggles, loves and tragedies of women in small-town Canada.

She became the second Canadian-born writer to win the prize, although she is the first winner with a distinctly Canadian identity. Saul Bellow, who won the award in 1976, was born in Quebec, but raised in Chicago and is widely considered an American writer.

Oct 9, 2013

Canadian business magnate Paul Desmarais Sr. dies at 86

TORONTO, Oct 9 (Reuters) – Paul Desmarais Sr., the
controlling shareholder of conglomerate Power Corp of Canada
and one of Canada’s richest and most well-connected
businessmen, has died at the age of 86.

Desmarais, a self-made billionaire who took control of
Montreal-based Power Corp in 1968 and served as its chairman and
chief executive officer from 1968 to 1996, died late on Tuesday,
the company said. It did not disclose the cause of death.

Sep 26, 2013

Google looks for talent in BlackBerry’s backyard

TORONTO (Reuters) – With Blackberry Ltd shedding staff in its hometown of Waterloo, Ontario, other tech companies, including Google Inc’s Motorola Mobility unit, are moving to take advantage of a growing pool of local talent.

Motorola Mobility said on Thursday it plans to set up a new hub in Waterloo, located about an hour’s drive west of Toronto.

Sep 23, 2013

India-born Watsa – an investor with a long view

TORONTO (Reuters) – As soon as Prem Watsa stepped down from Blackberry’s board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Six weeks later, the man some call Canada’s Warren Buffett has delivered, beginning a rescue project he once said could take four or five years.

Just over a year ago, Watsa said BlackBerry(BB.TO: Quote, Profile, Research) was a “Canadian success story,” a good buy and a likely turnaround story even though its market share was tumbling.

Sep 23, 2013

BlackBerry savior Watsa, an investor with a long view

TORONTO (Reuters) – As soon as Prem Watsa stepped down from Blackberry’s board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Six weeks later, the man some call Canada’s Warren Buffett has delivered, beginning a rescue project he once said could take four or five years.

Just over a year ago, Watsa said BlackBerry was a “Canadian success story,” a good buy and a likely turnaround story even though its market share was tumbling.

Sep 16, 2013

TD Bank, CIBC reach deal on Aeroplan Visa card

By Cameron French

(Reuters) – Toronto-Dominion Bank (TD.TO: Quote, Profile, Research, Stock Buzz) agreed on Monday to buy about half of Canadian Imperial Bank of Commerce’s (CM.TO: Quote, Profile, Research, Stock Buzz) Aeroplan Visa (V.N: Quote, Profile, Research, Stock Buzz) credit card portfolio in a deal that will see both banks issue the popular and lucrative rewards card.

The agreement, which drove shares of Aeroplan loyalty program operator Aimia (AIM.TO: Quote, Profile, Research, Stock Buzz) to a five-year high, averts a potential legal battle between the two banks and also eliminates uncertainty over the future of the card that could have seen customers flee to other banks.

Sep 15, 2013

’12 Years a Slave’ wins top prize at Toronto film fest

TORONTO, Sept 15 (Reuters) – “12 Years a Slave,” the true
story of a free black man sold into slavery in 1840s Louisiana,
won the top prize at the Toronto International Film Festival on
Sunday.

The film, by “Shame” director Steve McQueen and starring
Chiwetel Ejiofor, took home the BlackBerry People’s Choice award
for best film at the 38th edition of the festival.