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Updated: 14 min 32 sec ago

Oyster shucking world record attempted at festival

2 hours 49 min ago
A team of 10 shuckers from all across Canada will attempt to break the world oyster shucking record at the Tyne Valley Oyster Festival in P.E.I. tonight. Jeff Noye, chair of the Tyne Valley Oyster Festival, will be part of the team.
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Osheaga hopes better sound quality will cut noise pollution

3 hours 5 min ago

Osheaga organizers have taken some last-minute measures to control the sound emanating from the music festival taking place this weekend on l'île Notre-Dame. The city of Saint-Lambert had threatened to sue the city of Montreal and the Ville-Marie borough if the decibel levels from the festival were too high. People living in Saint-Lambert, located just across the river from Parc Jean Drapeau, said they’re fed up with the noise and have likened the situation to having a noisy neighbour who holds wild parties every weekend throughout the summer. 

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Israel PM says military will dismantle Hamas tunnels as 16,000 more reservists called up

3 hours 23 min ago

Prime Minister Benjamin Netanyahu said Thursday that Israel will destroy the Hamas tunnel network in the Gaza Strip "with or without a cease-fire," as the military called up another 16,000 reservists to pursue its campaign in the densely-populated territory. Netanyahu's vow came as international efforts to end the 23-day-old conflict seemed to sputter despite concern over the mounting death toll, with more than 1,300 Palestinians, mostly civilians, and more than 50 Israelis, almost all of them soldiers, killed since July 8. "We have neutralized dozens of terror tunnels and we are committed to complete this mission, with or without a cease-fire," Netanyahu said. An initial Israeli aerial campaign against Hamas was widened into a ground offensive on July 17.

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June tourism numbers show promise

3 hours 27 min ago
Overnight stays in the province were up 2.8 per cent. Traffic was up from all sources except for cruise ships. Charlottetown was the biggest beneficiary of the increased business, with room nights sold up 12.4 per cent. Most other areas were up slightly, but Green Gables Shore, with Cavendish at its centre, was down 3.6 per cent. Poor weather may have affected the decisions of Maritimers to come to the Island in June, with the number of overnight stays by visitors from Nova Scotia down 7.2 per cent and visitation from New Brunswick up slightly.
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TSX opens lower as Argentina defaults, Valeant slips

3 hours 46 min ago

TORONTO (Reuters) - Canada's main stock index opened lower on Thursday as an Argentine default kindled worries about the stability of the economic recovery in the region and shares of Valeant Pharmaceuticals fell after the company cut its outlook. The Toronto Stock Exchange's S&P/TSX composite index was down 48.05 points, or 0.31 percent, at 15,476.77 shortly after the open. (Reporting by John Tilak; Editing by James Dalgleish)

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GDP by industry on the rise in May, marking fifth month increase; StatsCan

4 hours 23 min ago

Statistics Canada says the country's economic output increased in May by 0.4 per cent. It was the fifth consecutive monthly rise in the real gross domestic product and came in better than was expected. Economists had expected a gain of 0.3 per cent, according to Thomson Reuters. Statistics Canada says wholesalers and retailers saw noticeable increases, along with the transportation and real estate sectors, warehousing services and professional services.

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Chapters' closure could spur comeback for indie shops

4 hours 23 min ago
The news that the Chapters in the heart of downtown Montreal will close to make way for a Victoria’s Secret may have some lamenting the death of bookstores. Simon Dardick of Montreal’s Véhicule Press told CBC Daybreak on Thursday that when big-box stores like Chapters moved into the market in the mid-1990s, many small bookstores felt threatened. The closing of the downtown Montreal Chapters is a sign of the times, Dardick said.
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Threatened turtle found with fish hook in throat in Windsor

4 hours 26 min ago
A turtle on the Canada’s species at risk list has been found in Windsor-Essex with a fish hook lodged in its throat. Tom Preney says someone seeking help brought the Spiny softshell turtle to Ojibway Nature Centre earlier this week. Preney says he took the turtle to veterinarian, Jim Sweetman, at the Downtown Veterinary Hospital.
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Canada's economic growth stronger than expected in May

4 hours 35 min ago
The Canadian economy grew by a greater-than-expected 0.4 percent in May, the fifth consecutive month-on-month increase, Statistics Canada reported on Thursday. The rise from April, when Canada's gross domestic product grew by a sluggish 0.1 percent, was more than the 0.3 percent advance forecast by market analysts. Canada's economy has grown sluggishly in recent months and the Bank of Canada - which has kept interest rates at near record lows since September 2010 - says there is no chance of a rate hike until it sees evidence of sustained growth and higher inflation.
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Fire rips through house in Whitehorn

4 hours 41 min ago

Fire devastated a house in the northeast community of Whitehorn early Thursday morning.

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Local celebrities to get makeovers in anti-suicide fundraiser

4 hours 51 min ago
Four famous Windsorites will help combat youth suicide and bullying by getting makeovers.
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Target appoints Pepsi executive Brian Cornell as CEO

4 hours 54 min ago

Target Corp appointed former PepsiCo Inc executive Brian Cornell as CEO and chairman as it tries to regain customer confidence following a devastating data breach that hurt the retailer's earnings and reputation. Cornell, 55, will be responsible for accelerating Target's performance and developing its e-commerce business, the No. 3 U.S. retailer said on Thursday. His top priorities when he takes over on Aug. 12 will also include improving traffic and sales at Target's U.S. and Canada stores, spokesperson Dustee Jenkins told Reuters. Target removed Gregg Steinhafel, CEO since 2008, in May after a data breach during the key holiday season led to the theft of at least 40 million payment card numbers and 70 million other pieces of customer data.

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Body of missing Whitecourt man found in pond

4 hours 57 min ago
The body of young man who went missing in Whitecourt late Tuesday afternoon has been found.
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Argentina defaults but investors see eventual deal possible

4 hours 57 min ago

By Sarah Marsh BUENOS AIRES (Reuters) - Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached. After a long legal battle with hedge funds that rejected Argentina's debt restructuring following a 2002 default, Latin America's third-biggest economy failed to strike a deal in time to meet a midnight payment deadline. Any such ruling would set off a series of insurance payments and give most of Argentina's current bondholders the right to demand their money back immediately. The cost of insuring Argentina's debt against default fell sharply on Thursday, however, data provider Markit said, as investors speculated a deal could be struck, even if only in the long term.

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Family from Picton, Ottawa charged after OPP drug seizure

4 hours 57 min ago
Five members of the same family — including a couple and their daughter — were arrested in Picton, Ont., on Monday and are facing charges following a drug raid by Ontario Provincial Police. Officers executed a search warrant at a home on Diverbelt Drive in Picton on Wednesday morning. Marijuana worth an estimated $45,000 was seized along with cash and drug paraphernalia, OPP said in a media release issued Thursday.
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Investigators reach war zone crash site where Malaysian air liner went down

5 hours 27 min ago

An international team of investigators in eastern Ukraine on Thursday reached the crash site of the Malaysia Airline Flight 17 for the first time. Fighting along the route to the wreckage site between government troops and pro-Russian separatist rebels had for several days kept the delegation from reaching the area. Sergei Izvolsky told the AP that a delegation of Russian specialists from Rosaviatsiya was due in Kyiv Thursday to participate in the investigation. Continuing fighting has hindered access to the crash site, located in rebel-controlled territory in east Ukraine.

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ConocoPhillips second-quarter profit slightly higher; output rises

5 hours 41 min ago

(Reuters) - ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by an increase in oil and gas production. Excluding one-time items, Conoco's profit was $1.61 per share. Analysts, on average, expected $1.60, according to Thomson Reuters I/B/E/S. The Houston company's oil and natural gas output from continuing operations was 1.56 million barrels oil equivalent per day (boed) in the quarter, up from 1.51 million boed a year earlier.

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European court rules Russia must pay Yukos shareholders 1.9 billion euros

5 hours 51 min ago

By Megan Davies, Vladimir Soldatkin and Gilbert Reilhac MOSCOW/STRASBOURG (Reuters) - Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in damages on Thursday, a new blow to Russia days after some of the former oil company's shareholders won $50 billion in The Hague. The Strasbourg-based court found that Russia had failed to "strike a fair balance" in its treatment of Yukos, once run by former oligarch Mikhail Khodorkovsky, and had forced the company to pay excessive fees.

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Public safety minister's statement on gun ownership "right" put to test

6 hours 4 min ago
OTTAWA - "To possess a firearm is a right, and it's a right that comes with responsibilities." — Public Safety Minister Steven Blaney at a news conference in Powassan, Ont., while announcing planned changes to Canada's gun laws, July 23, 2014. By law, there is no right in Canada to possess firearms. In Canada, such a right is not specifically spelled out in the Constitution, although proponents of the notion argue that such a right exists. According to the Supreme Court of Canada, it does not.
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Too many students advanced without passing, says researcher

6 hours 38 min ago
If students haven't mastered most of a grade's requirements they shouldn't be moved into the next grade, says Michael Zwaagstra of the Atlantic Institute for Market Studies. Zwaagstra said this practice of grading students regardless of their performance, known as social promotion or placing, has become a blanket policy in many school districts across Canada, including P.E.I. As a high school teacher, Zwaagstra said he thinks it would be far better to decide what's best for the student on a case-by-case basis.
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