Rail unions condemn new in ha nds of federal arbitrators in Canada
Rail unions denounce 11 contracts imposed by federal arbitrators on Via Rail CP Rail and CN Rail affecting about 30 000 workers. Wage freezes and job cuts cited, with Via offering incentives for early retirement and lump sum payments. CP and CN retain strong job protections though reduced. Union spokesman says deals favor employers and undermine security.
MENTIONED IN THIS ARTICLE
Montreal
Via Rail
CP Rail
CN Rail
National Rail
Bob Chernecki
Canadian Auto Workers
Via
CAW
Chernecki
Kenneth MacKenzie
Tawa
George Smith
Telephone cable battle may take decades to resolve
Moody's analyst warns a 30 year plus shakeout in Canada's telecom battle between telephone and cable TV firms with convergence of audio video and data looming. Regulators have heard from over 80 groups on convergence but no ground rules set. Market dynamics will favor nimble creative players across platforms.
MENTIONED IN THIS ARTICLE
Toronto
Ong
Stephen Gutkowski
New York
Gutkowski
Moody
Canadian Radio-television and Telecommunications Commission
Canada
Imtiaz Khan
Braxton Associates
Deloitte and Touch
Toronto stocks rise on both exchanges amid mixed gains
The Toronto Stock Exchange index rose 3.19 to 4521.70 at noon as 27.8 million shares traded. Advances led declines 242 to 227 with 292 unchanged, led by communications up 31.67 to 4072.98 while Paper and forestry fell 22.65 to 4885.13.
MENTIONED IN THIS ARTICLE
Toronto
New York
Communications
Paper and Forestry
Cognos Inc
Leitch Tech Com
Northern Telecom
Agrium Inc
Vancouver stock market edges up on brisk early volume
Vancouver stock exchange activity showed gains with 6.63 million shares traded by 7:50 a m. The VSE index rose to 812.54 up 4.09 from Thursday. Mutual Resources led advancers at 1.13 up 0.03. PCS Wireless fell to 3.15. Leicester Diamond rose to 0.46. CEL Industries dropped to 0.75. Harley Street Software traded steady at 1.00 on 1 million shares, Dragoon Resources at 0.20, United Compass Resources at 1.60 up 0.26, Canadian Overseas Exploration at 0.15 down 0.01. No trading on warrants boards.
MENTIONED IN THIS ARTICLE
RBC Dominion Securities
TSE
Eeee
Eern Etree
Mines and Minerals Coo
Oil and Gas Paho
Dow Jones Industrial
Canada
Poe Rome Betes Eeet
NS Cee
CanAirlines
Cameco Coen
Cfraemstr
CP Ltd
Ctire Acro
Cutil CO
Canfor Pee Ee
Ewes
Seem Everett Ree Neers
Noranda Ae
Petro Cdn Deedee Enee
See Mees
Renisane Deen Ee
Southam Bae Awe
Suncor
ThomCor
Trian PL
Wascana Ee
Vancouver
Vancouver Stock Exchange
Cose
Mutual Resources
PCS Wireless
Leicester Diamond
CEL Industries
Harley Street Software
Dragoon Resources
United Compass Resources
Canadian Overseas Exploration
Alberta livestock weekly report from Edmonton markets
Alberta auction markets report 10 278 cattle and calves and 884 hogs this week with no sheep or lambs. Fed cattle steady with slight strength. high quality D1 cows near 55 and bulls in 60s. Steers and heifers up modestly. feeders and stocker prices mixed, ABA convention set for Alder Flats June 24 near Drayton Valley.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Fed
Aorta K Bison Association
ABA
Alder Flats
Drayton
States
Germany
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