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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Dec 20, 2011
Page
3
Toronto stocks finish lower with the S and P 500 and Nasdaq retreating. Key indices including the TSX composite and TSX 60 slip as traders weigh energy and financial sector signals. Commodities edge higher for crude while gold retreats on a cautious trading day.
CP reports Winnipeg closing prices for canola and barley with multiple futures in January and March. Prices show small gains and steady shifts, with occasional declines and varied volumes across contracts and delivery months.
Viterra says it signed service agreements with Canadian National Railway and Canadian Pacific Railway to improve its supply chain. The company will share performance benchmarks with CN and evaluate opportunities with CP, and cooperate on planning forecasting and key indicators under the CN deal.
Saab Automobile filed for bankruptcy in southwestern Sweden after a two year bid to revive the carmaker failed. CEO Victor Muller personally submitted the bankruptcy application as General Motors blocked a takeover and ceded 50 percent stake and management control to GM earlier.
Former Tory minister Jean Pierre Blackburn, defeated in the last federal election, is named Canada's ambassador to UNESCO in Paris. He will head the permanent delegation, replacing Andre Bachand who becomes adviser on Quebec politics.
Vancouver defense attorney Howard Mickelson argues in B C Supreme Court that the province wide drunk driving law is unconstitutional and seeks repayment of fines and wiping of drivers records for more than 15 000 offenders penalized for roadside breath samples above .08 or refusals. He says the law’s invalidity should be retroactive to 2010 and all punishments tied to it must be nullified.
Montreal report notes that Kateri Tekakwitha, the Mohawk woman nicknamed the Lily of the Mohawks, is nearing sainthood after years of Vatican review. Tekakwitha, born in 1656 in New York, lost her mother father and brother to smallpox and reportedly bore facial scars she never fully recovered from.
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