Randall's Feed
Nov 22, 2013

Canada’s top court upholds Ontario ban on private-label drugs

OTTAWA, Nov 22 (Reuters) – The Supreme Court of Canada dealt
a blow to pharmacy chains on Friday when it upheld the province
of Ontario’s ban on drugstores’ sales of their own private-label
generic prescription drugs.

Pharmacy companies saw the private-label drugs as a way to
reduce the impact of Ontario regulations designed to lower the
cost of generic drugs. A lower court ruled that the store brand
drugs circumvent bans on professional allowances and rebates.

Nov 20, 2013

Canada orders more disclosure on hazardous rail cargoes

OTTAWA, Nov 20 (Reuters) – Canada will require railways to
start telling municipalities what goods they have been
transporting through their jurisdictions, but the government
acknowledged that such data would not have prevented the July
derailment that demolished the heart of a Quebec town, killing
47 people.

Transport Minister Lisa Raitt said on Wednesday her
directive on railway disclosure met a request made by the
Federation of Canadian Municipalities after a runaway train
carrying crude oil exploded in the center of Lac-Megantic,
Quebec, in July.

Nov 18, 2013

Drug-taking Toronto mayor poses dilemma for Canadian government

OTTAWA (Reuters) – Toronto’s crack-smoking Mayor Rob Ford is a headache Canada’s right-leaning government could do without.

Lambasting Ford, a political ally who also admits he drove a car after drinking alcohol and bought illegal drugs, could cost the federal Conservatives valuable support in Toronto’s suburbs.

Nov 14, 2013

Canada asks regulator to study unbundling of TV channels

OTTAWA (Reuters) – The Canadian government instructed the country’s television regulator on Thursday to study the impact on consumers of unbundling cable- and satellite-television packages and to report back by April.

The government pledged last month to push cable and telecom providers’ to provide more flexibility than allowed under the current standard practice of requiring the purchase of TV channels in large packages rather than individually.

Oct 31, 2013

Microsoft, Infineon suits to proceed in Canada, not ADM

OTTAWA (Reuters) – Consumers may join class action lawsuits against Microsoft Corp and Infineon Technologies AG over allegations of unfair pricing for computer products, the Supreme Court of Canada ruled on Thursday.

But the high court refused to allow a class action to proceed against Archer Daniels Midland Co (ADM) and Cargill Inc over alleged price-fixing on high-fructose corn syrup used in soft drinks and baked goods.

Oct 31, 2013

Canada court lets Microsoft suit proceed but not ADM

OTTAWA, Oct 31 (Reuters) – Consumers may join a class action
lawsuit against Microsoft Corp over alleged unfair
pricing, the Supreme Court of Canada ruled on Thursday.

But the high court refused to allow a class action to
proceed against Archer Daniels Midland Co (ADM) and
Cargill Inc over alleged price-fixing on high-fructose
corn syrup used in soft drinks and baked goods.

Oct 30, 2013

Scandal alarms Canada’s ruling Conservatives ahead of convention

OTTAWA (Reuters) – Canada’s ruling Conservatives go into what was supposed to be a triumphant convention this weekend trying to limit damage from a scandal over improper expenses that reaches the office of Prime Minister Stephen Harper and could undermine the party’s chances of winning re-election in 2015.

Harper has been on the defensive since news broke that his then chief of staff, Nigel Wright, gave a personal check for C$90,000 ($85,700) to Mike Duffy, a member of the upper Senate chamber, to help repay expenses that Duffy improperly claimed.

Oct 28, 2013

Canada scandal deepens amid accusation of cover-up by prime minister

OTTAWA (Reuters) – A Canadian legislator at the heart of a spending scandal on Monday accused Prime Minister Stephen Harper of being involved in a cover-up deal, deepening a crisis that has engulfed the Conservative government.

Senator Mike Duffy made his allegations just days before a Calgary convention of the ruling Conservatives, who have lost support in the polls since the scandal broke in May and are now trailing the opposition Liberals.

Oct 23, 2013

Bank of Canada drops rate-hike talk, sees slower growth

OTTAWA (Reuters) – The Bank of Canada has abandoned 18 months of warnings that interest rates will one day have to rise, saying on Wednesday that a soft economy and persistently weak inflation mean there is as much chance of a rate cut as a rate hike.

The surprise policy shift, which knocked the Canadian dollar to a one-week low and sent bond prices higher, came in a statement in which the central bank kept its key rate at 1.0 percent and dropped any hint of an eventual rate increase.

Oct 23, 2013

Bank of Canada drops rate-hike talk amid slow recovery

OTTAWA, Oct 23 (Reuters) – The Bank of Canada abandoned on
Wednesday an 18-month stretch of rate-hike talk in a dramatic
policy shift that highlighted lower-than-expected growth and the
risk of persistently weak inflation.

In a statement following its latest monetary policy meeting,
the central bank held its key interest rate at 1.0 percent, the
level it has been at for over three years.