The STM will slow down the introduction of new metro cars for the next 22 years. Montrealâs public transit corporation says older metro cars will be phased out, but not replaced immediately. "It's about what should we do with the money we have," saidÂ STMÂ Chairman PhilippeÂ Schnobb, addingÂ the trains are reliable enough to keep on running.
CHINCOTEAGUE, Va. - Crews searched for scorched wreckage along the Virginia coast Wednesday in hopes of determining why an unmanned commercial rocket exploded in a blow to NASA's strategy of using private companies to send supplies and, eventually, astronauts to the International Space Station.
(Reuters) - Kraft Foods Group Inc said quarterly profit fell nearly 11 percent as price hikes, designed to offset higher commodity costs, hit demand for its popular products such as Velveeta cheese and Jell-O desserts. Kraft's shares were down 1.8 percent at $55.87 in after-hours trading. The company, which also makes Oscar Mayer meats and Kool-Aid beverages, said gross margin fell to 29.3 percent in the third quarter ended Sept. 27, from 33.8 percent a year earlier. ...
WINNIPEG - The future of embattled Manitoba Premier Greg Selinger remained unclear Wednesday as some of his caucus members said they support both him and the handful of cabinet rebels who say he should consider retiring.
WASHINGTON - President Barack Obama said Wednesday the United States was not immune to the disease but cautioned against discouraging American health care workers with restrictive measures that confine them upon their return from West Africa. "We can't hermetically seal ourselves off," he declared.
Windsor artist Melanie Janisse is using her skills to pay off her student loans. Janisse was supposed to graduate from her Masters of Art program this fall, but an issue with her loan held her back. About three weeks ago, Janisse used her social media following to her advantage.
By John Tilak and Alastair Sharp TORONTO (Reuters) - Canada's main stock index dropped on Wednesday as gold-mining shares fell with bullion prices after the U.S. Federal Reserve offered an upbeat outlook for jobs and ended its stimulative bond-buying program. The U.S. central bank closed its monthly asset purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. Bullion, which tends to lose its allure as a safe-haven asset when there are bullish economic signals, dived 1.5 percent. ...
OTTAWA - The latest set of rail safety measures announced in the wake of the deadly Lac Megantic derailment of 2013 do not come with any additional financial resources for the federal regulator, Transport Canada.
Alberta will upgrade sprinklers and fire safety systems to older seniorsâ lodges and apartments, Premier Jim Prentice announced on Wednesday. Many of the 24,000 government-owned and supported seniors units in Alberta were built between 1960 and 1990 before fire sprinklers became mandatory under fire and building safety codes. The Ministry of Seniors will commit $70 million to bring those buildings up to code.
An Edmonton company has apologized to an Aboriginal outreach worker who was escorted out of a downtown mall by security officers and banned from the property. Gary Moostoos told CBC News that he was quietly eating in the mallâs food court Monday afternoon when he was approached by two security officers who accused him of acting suspiciously and of having previously beenÂ banned from the building. Following a social media backlash, Oxford Properties Group, which manages the mall, sent out a release apologizing to Moostoos Wednesday.
During aÂ transportation committee meeting on Wednesday,Â Edmonton city councillors said that they want to get to the bottom of why escalators inÂ transit stations aren't always working.Â AlthoughÂ manyÂ escalators areÂ brand new, Mayor DonÂ IvesonÂ said he personally has seen them out of order, adding he often gets complaints via Twitter. âIf we have to spend some money to fix the bloody escalators, then I want to know how much we need to spend, when we need to do it, and get it fixed because itâs driving commuters nuts,â said Mayor Don Iveson.Â
By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals. ...