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Money

CBC | Money News
CBC.ca
  • BP Gulf oil spill costs hit $8B US
    BP says it has so far spent roughly $8 billion US responding to the disastrous oil well blowout in the Gulf of Mexico.

  • Chinese seek Alberta help in PotashCorp bid
    Alberta's pension fund manager has been approached by state-owned wealth funds from China to consider joining a bid for fertilizer giant PotashCorp, but it said Thursday it intends to stay on the sidelines for now.

  • No oil leak seen at Gulf of Mexico blast
    The U.S. Coast Guard says there are no signs so far that oil has spiiled from the site of an oil platform explosion Thursday in the Gulf of Mexico.

  • Fuel tanker aground in Northwest Passage
    A fuel tanker carrying more than nine million litres of diesel fuel has run aground in the Northwest Passage, the Canadian Coast Guard has confirmed.

  • PotashCorp takeover bid to get review
    Saskatchewan Energy Minister Bill Boyd says the province has commissioned an independent review of any takeover of PotashCorp.

  • Burger King sold for $3.26B
    Burger King Holdings' shares soar to an 18-month high after it says it is selling itself to private equity firm 3G Capital for $3.26 billion US.

  • PQ calls for shale gas moratorium
    The opposition Parti Québécois is demanding an immediate moratorium on drilling and exploration for shale gas in the province.

  • Canadian mining CEOs' bonuses rebound
    Canada's mining CEOs' bonus payments climb to 88 per cent of base pay in 2010, compared with 61 per cent in 2009 as commodity markets rebound.

  • RIM should open up user data: UN agency
    The head of the United Nations telecommunications agency has urged BlackBerry maker Research in Motion to allow law enforcement agencies access to customer data.

  • Metro Vancouver home prices drop 2.8%
    Metro Vancouver's real estate market is continuing to cool, with prices and sales dropping from their April highs, according to the latest figures released by the region's real estate board.

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