Globeandmail.com > Today's Paper > Business > Article
The package also consists of $100-million in financial assistance to smaller companies and $581-million to improve the industry's competitiveness and support about 350 communities across Canada that depend on the lumber business.
Details were released just days after the U.S. government reluctantly agreed to kill a...
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Submitted by admin on Fri, 2005-11-25 12:00.
RICHMOND, B.C. -- The Liberal government, days away from a non-confidence vote in Parliament that will trigger an election campaign, announced yesterday a $1.5-billion forest industry aid package.
More than half the money will go to help lumber exporters caught in the softwood trade war with the United States.
Dubbed the Forest Industry Competitive Strategy, it will earmark about $6...
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Officials with the provincial forestry industry are cautiously optimistic a $1.5-billion federal plan will provide a critical injection into a sector adversely hammered by everything from the lofty Canadian dollar and soaring high energy costs to increased global competition.
But those same officials are holding back on a firm endorsement of an elaborate government forestry strategy unti...
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Submitted by admin on Fri, 2005-11-25 12:00.
Dewan Housing Finance Corporation Limited (DHFL) has introduced an affordable home finance product for economically weaker sections, including daily wage earners. Addressing media persons here recently, Kapil Wadhwan, its managing director said, 'DHFL would protect their loan portfolio to the economically weaker sections by securitising their loans with Cholamandalam General Insurance Company ...
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Submitted by admin on Fri, 2005-11-25 12:00.
Southwest Airlines plans to increase the number of gates it leases at Philadelphia International Airport next year, allowing the low-cost carrier to significantly boost its daily flight schedule.
By next spring, Southwest expects to lease a dozen gates at the airport, meaning it could double the schedule of 53 flights a day it has now, according to airline and airport officials.
Sou...
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As Market Slows, Homeowners Refinance Adjustable Mortgages
As soon as Lorie Limbaugh heard about a 1.25 percent interest rate on a mortgage loan, she figured it was too good to be true.
The bank teller and her husband, James, a plumber, met with a broker who said he would guarantee the rate for five years and then talked to other companies which couldn't match it.
Things p...
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Submitted by admin on Fri, 2005-11-25 12:00.
As soon as Lorie Limbaugh heard about a 1.25 percent interest rate on a mortgage loan, she figured it was too good to be true.
The bank teller and her husband, James, a plumber, met with a broker who said he would guarantee the rate for five years. They talked to other companies, which couldn't match it.
Things progressed smoothly with their $275,000 adjustable rate mortgage (ARM) ...
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Submitted by admin on Thu, 2005-11-24 12:00.
The Social Security and National Insurance Trust (SSNIT) says it is embarking on an e-business programme to further expand the scope of its interactions with contributors and employers.
Mr Kwasi Osei, Director General of the Trust, said the programme fell under the Medium Term Strategic Plan 2005-2009. Speaking at the launch of the SSNIT Customer Service Charter for improved quality servi...
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Submitted by admin on Thu, 2005-11-24 12:00.
Globeandmail.com > Today's Paper > National > Article
A Conservative government would cut income taxes for middle-income Canadians, reduce employment-insurance premiums, boost student loans and provide daycare money directly to parents under plans included in the party's confidential spring campaign brochure.
The brochure, which was obtained by The Globe and Mail and ...
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Submitted by admin on Thu, 2005-11-24 12:00.
Mitsubishi UFJ Raises Forecast 72% on Japan Recovery (Update3)
Nov. 24 (Bloomberg) -- Mitsubishi UFJ Financial Inc. said it will earn 930 billion yen ($7.8 billion) this year, making it Japan's second-most-profitable company ever, as economic recovery reduces bad loans and boosts fees from asset management.
Net income will probably be 72 percent higher than the bank's prev...
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Submitted by admin on Thu, 2005-11-24 12:00.
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