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Apr 10, 2014

Former Canada Finance Minister Flaherty dies at 64

OTTAWA (Reuters) – Former Canadian Finance Minister Jim Flaherty, 64, died on Thursday, just weeks after stepping down following eight years in his post.

His family said in a statement that he died peacefully in Ottawa, but did not mention the cause of his death. An unnamed source close to the family told CBC television the cause was a massive heart attack.

Apr 8, 2014

Quebec separatists lose election, referendum avoided

OTTAWA (Reuters) – The anti-separatist Quebec Liberal Party won a majority government in provincial elections on Monday, eliminating the possibility of a new referendum on independence from Canada for several years and crushing the separatist Parti Quebecois.

The election in the mainly French-speaking province had turned into a referendum on whether to hold another vote on separating from Canada, and the answer appeared to be a resounding “Non.”

Apr 8, 2014

Quebec Liberals replace separatists with majority govt -TV

OTTAWA, April 7 (Reuters) – The anti-separatist Quebec
Liberal Party won a majority government in provincial elections
on Monday, eliminating the possibility of a new referendum on
separation from Canada for several years, television networks
projected.

The Quebec Liberals, who had warned incessantly of the
dangers of another referendum, trounced the separatist Parti
Quebecois, which had called the election in a bid to turn their
minority government into a majority.

Apr 6, 2014

Quebec separatist party under threat in Monday election

OTTAWA (Reuters) – A month ago, Monday’s election in Quebec seemed like such a good idea to the ruling Parti Quebecois, the largest separatist party in the mostly French-speaking Canadian province.

Premier Pauline Marois and her minority government hoped to take advantage of a comfortable lead in the polls to capture a majority of seats in the provincial legislature. That would enable them to push through a provincial charter on secularism and possibly set the stage for a new referendum on whether the province should leave Canada.

Apr 3, 2014

After Lac-Megantic disaster, CP Rail advocates shipper insurance

OTTAWA, April 3 (Reuters) – Governments should require
companies shipping crude oil by rail to carry enough liability
insurance to make up for shortfalls in coverage carried by
railways, the president of Canada’s second-largest rail operator
said on Thursday.

Currently, there are no requirements in Canada for shippers
of oil and other dangerous cargo to carry liability insurance
against accidents, Keith Creel, president and chief operating
officer of Canadian Pacific Railway Ltd , said
after testifying to the House of Commons’ transport committee.

Apr 1, 2014

Canada safety board urges faster phase-out of old rail tankers

OTTAWA, April 1 (Reuters) – The Transportation Safety Board
of Canada renewed its call on Tuesday for the speedy phase-out
of older oil-by-rail cars in light of last summer’s inferno that
killed 47 people in an oil train explosion in the Quebec town of
Lac-Megantic.

“A long and gradual phase-out of older-model cars simply
isn’t good enough,” Transportation Safety Board Chair Wendy
Tadros told a House of Commons committee examining whether
Canada’s safety is adequate as much more oil is sent by rail.

Mar 31, 2014

British Columbia premier uncertain about pipeline, LNG projects

OTTAWA, March 31 (Reuters) – It is impossible to say whether
the Northern Gateway oil pipeline or liquefied natural gas
projects will go ahead in the near future, British Columbia
Premier Christy Clark said on Monday.

“I don’t know the answer to that,” Clark said when asked if
Northern Gateway, an Enbridge Inc project to take oil
from Alberta to British Columbia’s Pacific Coast and on to Asian
markets, would proceed any time in the near future.

Mar 31, 2014

Canada January GDP recovers most of December’s loss

OTTAWA, March 31 (Reuters) – The Canadian economy bounced
back more strongly than expected in January from a
weather-induced decline in December but failed to regain all the
output that was lost in the final month of 2013, Statistics
Canada said on Monday.

Gross domestic product (GDP) showed real, seasonally
adjusted growth of 0.5 percent in January after December’s 0.5
percent decline. That was at the top end of a range of estimates
in a Reuters survey of analysts. The median forecast was for 0.4
percent growth.

Mar 28, 2014

Quebec separatist leader says referendum not wanted, for now

OTTAWA (Reuters) – Quebec citizens do not want a referendum on leaving Canada at the moment, separatist leader Pauline Marois said on Thursday, repeating that as long as that is the case she would not launch one if she is re-elected premier of the province.

“I am a determined woman, you know, but I am also a woman who can listen,” Marois told reporters after a leaders’ debate ahead of the April 7 provincial election.

Mar 26, 2014

Canada sets bill to force minimum rail grain shipments as backlog builds

OTTAWA/WINNIPEG, Manitoba, March 26 (Reuters) – The Canadian
government introduced legislation on Wednesday that will allow
it to set minimum levels of grain that railways must ship each
year to avoid the huge crop backlogs that have hurt farmers’
cash flow this winter.

The Conservative government earlier this month ordered the
country’s two dominant railroads, Canadian National Railway Co
and Canadian Pacific Railway Ltd, to double
their weekly grain volumes to 1 million tonnes combined over a
four-week period to clear the massive crop logjam.