Canadian agencies paid millions of dollars to a Muslim agent to unravel an al-Qaeda terror plot four years ago. Most plotters were of Pakistani origin and came from the Toronto suburb of Mississauga which has the biggest concentration of Muslims in the country.
Known as the Toronto-18 terror plot, the case was uncovered in June 2006 [...]
Companies raised a record $60 billion on the Toronto Stock Exchange (TSX) last year despite the global downturn.
The third biggest stock exchange in North America, the Toronto Stock Exchange is also the world’s biggest energy market where more than 400 global oil and gas companies are traded.
The stock exchange raised $60.0 billion, surpassing the previous [...]
Canadian markets opened in the new year Monday with gains, extending the last year’s rally into 2010.
Buoyed by higher metal and crude prices, the composite index on the Toronto Stock Exchange (TSX) rose 120.79 points to close at 11,866.90 – up one percent from last week.
The Canadian loonie or dollar also rose almost one cent [...]
Toronto, Dec 12 (IANS) Cutting across regional lines, Telugus in Canada have blasted the Indian government for succumbing to ‘blackmail’ to create Telangana out of Andhra Pradesh. Canada is home to more than 30,000 Telugus who come from all three parts of Andhra Pradesh – Rayalaseema, Telangana and Andhra.
Reacting angrily to the proposed division of [...]
Toronto, Dec 10 (IANS) A bomb hoax Wednesday led to the evacuation of the Toronto Stock Exchange (TSX), which is the biggest energy market in the world.
The stock exchange was evacuated for a couple of hours when police searched for bombs or explosive material.
Situated bang in the heart of downtown Toronto, TSX is the third [...]
Toronto, Nov 25 (IANS) The US network specialist Ciena Corp beat Nokia Siemens Networks Tuesday to acquire debt-ridden Nortel’s optical networking assets, with the American company winning the auction with $769 million.
The optical networking and carrier Ethernet business was the last unit auctioned by Toronto-based Nortel which has been operating under bankruptcy protection in [...]
Toronto, Nov 22 (IANS) Dying Canadian telecom giant Nortel has put up its optical networking and carrier ethernet business for auction.
Toronto-based Nortel has been selling its businesses bit by bit to pay off its creditors after it sought and got bankruptcy protection in the US and Canada in January after last year’s huge losses. Nokia [...]
Toronto, Nov 15 (IANS) Canada’s biggest Indian landlord Bob Dhillon, who started his company from the back of his car and now owns more than 6,000 rental properties across the country, is set to enter the Indian real estate market.
Dhillon, who has been invited by Prime Minister Stephen Harper to join him during his visit [...]
Toronto, Oct 9 (IANS) The ringleader of an Al Qaeda linked group that plotted attacks on Canada has pleaded guilty to his role in the conspiracy.
Zakaria Amara, 24, who had planned to flee to Pakistan after carrying out the bombings, is the fourth member of the so-called Toronto-18 group to plead guilty to the plot.
The [...]
Toronto, Oct 7 (IANS) The Canadian dollar hit the highest level in 2009 against the US greenback Tuesday.
The loonie – as the Canadian dollar is known – reached 94.66 US cents during the day. It is the highest level the Canadian currency has reached against the US dollar since October 1, 2008.
The loonie has sunk [...]
Toronto, Sep 23 (IANS) The bankrupt Nortel has taken yet another step closer to fading into history by announcing auction of its carrier networks business.
The decision was announced Monday.
The 124-year-old Canadian icon, which has been operating under bankruptcy protection in Canada and the US since January after suffering losses of $5 billion last year, has [...]
