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Updated: 4 min 36 sec ago

Exclusive: EU considers capital markets curbs among new Russia sanctions

Wed, 01/28/2015 - 14:25

By Jan Strupczewski BRUSSELS (Reuters) - New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday. The EU could also move to further restrict Russia's access to advanced technology for its oil and gas industries. EU foreign ministers are expected to ask the executive European Commission on Thursday to prepare a new round of sanctions to punish Moscow for its role in eastern Ukraine, however officials said the measures may not be adopted by EU leaders until March. The ministers are expected to extend until the end of 2015 asset freezes and travel bans imposed on dozens of Ukrainian and Russian people and organizations following Moscow's annexation of Crimea last March, according to a draft statement seen by Reuters.


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Quebec corruption probe seeks extension for final report

Wed, 01/28/2015 - 14:20
Quebec's justice minister says the head of the commission that looked into corruption in the province's construction industry wants an extension to the deadline for submitting her final report. Stephanie Vallee is not releasing any details of a letter written by France Charbonneau. Commission spokesman Richard Bourdon is confirming the letter was given to Premier Philippe Couillard's office earlier this week and says it is up to the government to decide whether to release its contents.
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Several cattle killed in central Alberta cattle liner rollover

Wed, 01/28/2015 - 14:19
A full cattle liner crashed in dense fog in central Alberta early this morning resulting in the deaths of many of the cattle on board.
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Bus-train crash memorial, Daniel Alfredsson ceremony planned by city

Wed, 01/28/2015 - 14:19

The City of Ottawa will work toward a permanent bus-train crash memorial and give former Ottawa Senators captain Daniel Alfredsson a key to the city in 2015, Mayor Jim Watson said Wednesday. In his annual state of the city address before the first city council meeting of the year, Watson added details to familiar themes and introduced new initiatives for the year ahead.


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Canadian man arrested for travelling to U.S. to have sex with teen girl

Wed, 01/28/2015 - 14:18
A Canadian man has been charged with attempted kidnapping and attempted rape after travelling to the U.S. to allegedly pursue a sexual relationship with an underage girl. Tyler Beavis was arrested last Friday as he was on his way to meet a 14-year-old girl in Kent, Wash., located half an hour south of Seattle, said a spokeswoman with the King County Sheriff's Office. "Once he came to the airport, detectives followed him to the area of her school, where he was arrested," said Sgt. Jessica Sullivan. Beavis has been charged with attempted kidnapping in the second degree and attempted rape of child in the third degree and is being held on US$750,000 bail.
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Changes to jobless data due to government short-changing Statcan: NDP

Wed, 01/28/2015 - 14:14

The New Democrats are seizing on Wednesday's revision of Statistics Canada's labour force numbers for 2014 as further evidence of the damage done by federal cuts to the national numbers agency. It said the unemployment rate for December 2014 was 6.7 per cent, compared with its initial estimate of 6.6 per cent, and the estimated number of jobs gained last year was 121,300, down from 185,700 estimated earlier this month. The agency has been starved of resources, said New Democrat MP Nathan Cullen, who cited the 2010 decision to cancel the detailed, mandatory long-form census as the source of the problem. The decision has deprived Statistics Canada "of the basic resources it needs to do its job to provide incredibly valuable information to Canadians and Canadian business," Cullen said.


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Oil drops on record-high U.S. crude stocks as pressure mounts

Wed, 01/28/2015 - 13:32

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell on Wednesday after the U.S. government reported record-high crude inventories, adding to anxieties about the global glut that has pressured the market since last summer. The U.S. Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels last week to reach nearly 407 million, their highest since the government began keeping records in 1982. The American Petroleum Institute, an industry group, had estimated a far bigger growth of nearly 13 million barrels. Benchmark Brent crude oil was down 84 cents at $48.76 a barrel by 1:07 p.m. ET (1807 GMT), after making a session low at $48.65.


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Feds spend $700,000 in court fighting veterans class-action lawsuit

Wed, 01/28/2015 - 13:28
The Harper government has spent almost $700,000 fighting a class-action lawsuit by disgruntled, wounded Afghan veterans. In the government's statement of defence, federal lawyers argue Ottawa has no special obligation or "social contract" with those who've fought the country's wars and that it is unfair to bind the current government to promises made nearly a century ago by another prime minister. Mike Blais, president of Canadian Veterans Advocacy, says the legal bill is "unconscionable" and he called on the government to drop the lawsuit and negotiate a settlement. At issue in the court case is a 1917 pledge made on the eve of the Battle of Vimy Ridge by Sir Robert Borden, who was prime minister at the time, that effectively said the country would not fail to show its appreciation for those who've served.
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Nova Scotia Supreme Court rules in favour of Christian university in B.C.

Wed, 01/28/2015 - 13:26
The Nova Scotia Supreme Court has ruled that the province's law society doesn't have the authority to deny accrediting graduates from a Christian university because of the school's opposition to sex outside heterosexual marriage. The court says the Nova Scotia Barristers' Society doesn't have the power to require law schools, such as the one proposed at Trinity Western University in British Columbia, to change its policies.
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NAFTA environment watchdog won't probe oilsands tailings ponds

Wed, 01/28/2015 - 13:22
The three countries that run the North American Free Trade Agreement's environmental watchdog have voted against investigating how Canada oversees Alberta's oilsands.
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AP Analysis: Youth concussion laws pushed by the NFL were passed swiftly, but lack bite

Wed, 01/28/2015 - 13:20

Criticized for its own handling of head injuries, the NFL launched an extensive lobbying campaign to pass laws protecting kids who get concussions while playing sports. An Associated Press analysis of the 51 youth concussion laws — one in each state and the District of Columbia — found that fewer than half contain all of the key principles in the initial bill passed in Washington state in 2009.


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Canadians not buying homes they can't afford: minister

Wed, 01/28/2015 - 13:14

Canada Finance Minister Joe Oliver dismissed on Wednesday the idea that interest rates are so low they are spurring Canadians to buy homes they cannot afford. "I've said again and again we don't think there's a bubble - the Bank of Canada agrees with that, CMHC (Canadian Mortgage and Housing Corp), OECD (Organization for Economic Cooperation and Development)." Canada escaped the housing crash of 2007 in the United States that triggered the global financial crisis, and experienced a post-recession property boom as borrowing costs hit record lows. Oliver's predecessor, the late Jim Flaherty, repeatedly tightened rules around government-backed mortgages in a bid to cool the market. The Bank of Canada last week surprised markets by cutting rates to 0.75 percent, citing a threat to economic growth and its inflation targets from the steep plunge in the price of oil.


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Prosecutor: Gregg Allman filmmaker in US train crash death never promised immunity

Wed, 01/28/2015 - 13:13
SAVANNAH, Georgia - A prosecutor in the U.S. says her office never promised immunity to one of four filmmakers charged in a fatal train crash during shooting of a biographical movie about singer Gregg Allman.
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Edmonton paramedic's suicide prompts call for changes

Wed, 01/28/2015 - 13:11
The call comes after the suicide of Edmonton paramedic, Greg Turner, earlier this week. “The services that are available, the critical incident stress debriefing, is an old sort of practice that developed in the 1980s,” said Kendall Verhulst, vice-president of the Alberta Paramedic Association.
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Residents: Islamic extremists rampaging in northeast Nigeria, surrounding city of Maiduguri

Wed, 01/28/2015 - 12:29

Islamic extremists are rampaging through villages in northeastern Nigeria, killing, burning and looting with no troops protecting civilians, fleeing villagers said Wednesday. More than 40 people have been killed in seven villages in Adamawa state this week, according to resident Emmanuel Kwache. State legislator Adamu Kamale said he has appealed in vain for troops since the attacks began on Friday. On Monday the militants moved into Michika town, he said.


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Sotheby's to raise charges for art buyers

Wed, 01/28/2015 - 12:29

Buying art at Sotheby's will soon become more expensive as the top international auction house announced it is increasing its buyer's premium, the rates it charges a successful bidder. Beginning on Sunday, anyone who purchases a work of art will pay 25 percent to the auction house on the first $200,000 of the hammer price, compared with the earlier threshold of $100,000. Bill Ruprecht, the chairman and president of Sotheby's, said the changes were needed to boost the New York-based auction house financially. A spokeswoman said it had no plans to follow the example of Sotheby's, a publicly traded company.


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Key facts you need to know about the Bluenose II schooner and its restoration

Wed, 01/28/2015 - 12:21
The original Bluenose was a schooner launched in Lunenburg, N.S., in 1921 and became a legendary racing vessel, going undefeated before sinking in the Caribbean in 1946. The term Bluenose is well known for describing many things in Nova Scotia, including the people, who sometimes refer to themselves as Bluenosers. The schooner is considered Nova Scotia's sailing ambassador as it sails around the world and an image of the original vessel has graced the dime since 1937, as well as three postage stamps. It was financed by the family to promote Oland Brewery products but in 1971 they gave it to Nova Scotia.
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Nissan recalls 768,000 crossovers and SUVs for separate problems

Wed, 01/28/2015 - 12:18

Nissan Motor Co is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and U.S. regulators said on Wednesday. Some 552,135 Rogues from model years 2008 and 2013 will be recalled because moisture could seep through the driver side floor and cause an electrical short to wiring that could lead to a fire, Nissan and the National Highway Traffic Safety Administration (NHTSA) said. No crashes or injuries have been reported due to the wiring issue, a Nissan spokesman said on Wednesday morning. Also, 215,789 Pathfinder SUVs from the 2013 and 2014 model years and 2013 Infiniti JX35 vehicles will be recalled for problems related to a secondary hood latch, Nissan and NHTSA said.


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Car slams into donut shop, shatters glass

Wed, 01/28/2015 - 12:04

A woman drove her car into a donut shop near Bathurst Street and Wilson Avenue Wednesday morning.


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Measles outbreak at Disneyland cancels family trip

Wed, 01/28/2015 - 12:01
An Edmonton family has cancelled their February trip to Disneyland after an outbreak of measles at the “happiest place on earth” in California. “To us it’s not worth it,” said Tina Bitangcol. Bitangcol, her husband and her two children, one who is too young to be vaccinated, cancelled their trip after watching the number of cases of measles climb. Members of their extended family were supposed to travel to Disneyland as well, a trip booked in early December.
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