Canada News Headlines - Reuters

HELSINKI/NEW YORK (Reuters) - Ciena Corp agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks for $769 million after trumping a bid from Nokia Siemens Networks.

TORONTO (Reuters) - Toronto's main stock index rose to its highest level in nearly 14 months on Monday as firm oil prices powered Suncor Energy and its peers, while lofty gold prices also helped generate interest in miners.

MIAMI (Reuters) - TD Bank was hit with a multimillion-dollar lawsuit on Friday calling it the "financial epicenter" of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein.

TORONTO (Reuters) - Canada's ruling Conservatives and the main opposition Liberals both lost ground in a poll published on Friday as the left-leaning New Democrats enjoyed a surprising surge in public support.

TORONTO (Reuters) - Workers at a Johnson Controls plant in Canada that makes parts for Chrysler minivans are unlikely to go on strike this weekend, even if labor negotiations go past the Friday deadline, the union said.

OTTAWA (Reuters) - A Canadian court ordered a new refugee hearing on Friday for a U.S. Army deserter who claimed she would face persecution because of her homosexuality if returned to the United States.

TORONTO (Reuters) - Finance Minister Jim Flaherty on Friday vowed to resist big, new spending measures in his next budget, but said it was too early to pull stimulus away from a still shaky economy.

NEW YORK (Reuters) - Canada's economy performed worse than expected in the third quarter and while now recovering, it risks further setbacks due to the sharp rise of the Canadian dollar, Bank of Canada Governor Mark Carney said on Thursday.

WASHINGTON (Reuters) - New fossils unearthed in what is now the Sahara desert reveal a once-swampy world

OTTAWA (Reuters) - The Canadian government on Thursday dismissed calls for a public inquiry into allegations senior officials had ignored evidence that Afghan authorities were torturing detainees handed over by Canadian troops.

HONG KONG (Reuters) - Melting of the Arctic sea ice due to global warming is diluting surface waters and this is endangering some species of shellfish which need minerals in the water to form their shells and skeletons, scientists have found.

VANCOUVER, British Columbia (Reuters) - Rusty Goepel, a long time member of the Vancouver Organizing Committee's board of directors, was named on Wednesday to fill the vacant chairman's post for the 2010 Olympics.

VANCOUVER, British Columbia (Reuters) - Canada is missing an economic opportunity by not resolving long-standing aboriginal land claims on the Pacific Coast, according to a study released on Wednesday.

VANCOUVER, British Columbia (Reuters) - Organizers of next year's Winter Olympics in Vancouver dismissed criticism on Wednesday over ticket sales in the United States, and particularly in the nearby U.S. Pacific Northwest.

VANCOUVER, British Columbia (Reuters) - Delegates to next February's G7 finance minister meeting in the Canadian Far North should watch their spelling and remember they are not far from the Road to Nowhere.

OTTAWA (Reuters) - Canada's economy has not yet recovered from recession so the government will follow through on the second phase of stimulus spending next year, Finance Minister Jim Flaherty said on Wednesday.

TORONTO (Reuters) - Hundreds of Canadians who expected to start new jobs in call centers and retail stores during the holiday shopping season are instead manning food banks and soup kitchens with blessing of their new employer.

OTTAWA (Reuters) - Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit on Feb 5-6 but may not issue a communique, Finance Minister Jim Flaherty said on Wednesday.

OTTAWA (Reuters) - Inflation returned to Canada in October after a short deflationary bout but prices remained tame and are not expected to sway the Bank of Canada from holding interest rates at a record low until mid-2010.

VANCOUVER, British Columbia (Reuters) - Vancouver will modify powerful audio equipment that critics say could be used as a "sonic gun" against protesters at next year's Winter Olympics, and stop any chance of using the device as a weapon, Vancouver police said on Tuesday.

VANCOUVER, British Columbia (Reuters) - A 6.6 magnitude earthquake rattled residents on the west coast of Canada on Tuesday, but did not cause damage or trigger a tsunami, U.S. and Canadian officials said.

VANCOUVER, British Columbia (Reuters) - Negotiators for Canadian National Railway Co and its 1,700 unionized locomotive engineers will resume talks on a new labor contract on Wednesday, a company spokesman said.