Tim Hortons sees continued growth

Tim Hortons sees continued growth

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Despite rising food and fuel prices in Canada and the U.S., Tim Hortons Inc. says it's on track to meet its 10 per cent income growth rate for the year after serving up an 11.5 per cent increase in its quarterly profits.

Business Digest

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Read our complete story for the full contents of this article, available online.

Local firm wages bio-war on pests

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A Fredericton-based biotechnology firm is developing viruses that can wipe out forest-ravaging pests, saving millions of trees and creating a green alternative to harmful chemicals.

Virus hits Facebook, MySpace with bogus emails

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A virus has been infecting popular social networking sites MySpace and Facebook, tech experts said Thursday.

Canadian Tire tests smaller stores in rural communities

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Canadian Tire is the newest big chain going small in order to capture a larger market and the reason, according to a New Brunswick economist, is likely tied to increasing fuel prices.
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Best way to save is to free up cash by paying off debts

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Canadians worrying about where to put their savings and how to best manage their finances can keep things simple by focusing on the most important thing of all: paying down their mortgages.

Creativity earns kids free vacations

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Six children from across the province were awarded vacation packages from the Provincial Capital Commission for showing their pride in a New Brunswick Day contest.

Francophone organiztion would like to see more done to ensure contracts stay in N.B.

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Despite efforts to include businesses across New Brunswick in the mega projects slated for the southern part of the province, the leader of a francophone economic organization says more can be done to ensure northern companies land the lucrative spin-off contracts.

New Brunswickers puzzled over gas price differences

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New Brunswickers were annoyed this week when they saw their gas prices hiked as oil markets and unregulated pump prices elsewhere sunk, but that frustration may have been stoked today by news that regulated prices in Nova Scotia dropped overnight.

AbitibiBowater prepared to cut back production

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Forest products firm AbitibiBowater Inc. is prepared to cut production and take a tough line on labour negotiations next year as the world's largest newspaper producer attempts to further reduce costs amid continuing quarterly losses.

Lexus once again tops JD Power automobile dependability study

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Lexus once again stands alone atop a closely watched list of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J.D. Power and Associates said Thursday.

Business in Pictures

Creativity earns kids free vacations Francophone organiztion would like to see more done to ensure contracts stay in N.B. Xwave, Innovatia to remain part of Bell Aliant Who do our privacy laws protect? Molson Coors posts disappointing results Stumbling economy pinching wealthy Sick migrant workers complain of lack of medical care in U.S. detention centre Ray goes to the dogs Runners focus on the journey Keeping you from spoiling a good walk

Xwave, Innovatia to remain part of Bell Aliant

Posted one day ago.
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Bell Aliant has no plans sell off its Xwave and Innovatia subsidiaries following the sale of a specialized defence group to an international aerospace firm.

Giant online security hole getting fixed slowly; users still at risk

Posted one day ago.
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A giant vulnerability in the Internet's design is allowing criminals to silently redirect traffic to websites under their control. The problem is being fixed, but its extent remains unknown and many people are still at risk.

Cease trade order issued against alleged schemers

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The New Brunswick securities regulator joined its counterpart in British Columbia in issuing a cease trade order Wednesday against two investment firms and their top executives who are allegedly operating an illegal telemarketing scheme.

Construction lull expected

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After two strong years, New Brunswick's construction industry is expected to "fall off the cliff," according to the Conference Board of Canada's provincial outlook.

Business Digest

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Read our complete story for the full contents of this article, available online.

Be good to your employees - Schutz

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When the Porsche AG sports car company returned to profitability in 1981 after a year of losing money, the first thing new CEO Peter Schutz did was to pay out $5 million in bonuses to the 5,000 employees.

Who do our privacy laws protect?

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The legislation is intended to protect the public from having personal information distributed or used in ways other than why it was collected.

Molson Coors posts disappointing results

Posted one day ago.
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Molson Coors Brewing Co. says it's committed to improving the position of its legacy Canadian brands in the United States, despite recognizing that their value has dropped by US$50.6 million.

Graham to respond to situation in Miramichi at today’s announcement

Posted one day ago.
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New buses, investments in wellness programs and support to the local economic development agency are among the short-term measures the province is taking to help Miramichi cope with the loss of hundreds of forestry jobs.

New Brunswick told to clamp down on payday loan companies

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Unscrupulous payday loan companies will continue to gouge New Brunswickers until government limits the amount of fees and interest lenders can charge customers.

Business Digest

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Read our complete story for the full contents of this article, available online.

Plummeting oil prices take steam out of loonie

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A sharp drop in oil prices has clipped the loonie's wings, dropping the Canadian dollar down to last September's values.

Ray goes to the dogs

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EXPANDING INTO OTHER MARKETS: Celebrity chef Rachael Ray is seen promoting her new charitydriven line of pet foods with her pit bull Isaboo.

Job creation stalls

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With persisting U.S. economic weakness continuing to spill over the border, Canada's once-stellar job creation record could be the next shoe to drop in the lurch to find the bottom of the ongoing economic malaise, analysts say.
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