Business News from Canada
- Greek deal doesn't meet bailout terms, Germany says
Germany's finance minister says a deal between Greek party leaders on new spending cuts appears to not yet fulfill all the conditions for a ?130 billion ($172 billion Cdn) bailout.
- Report on Keystone XL permit due in Congress today
The U.S. State Department's Office of the Inspector General will present Congress with its review of the $7-billion Keystone XL pipeline project Thursday, CBC News has learned.
- Air Canada reports $60M quarterly loss
Air Canada missed expectations as the country's largest airline lost $60 million in the fourth quarter of 2011.
- Internet providers not subject to Broadcasting Act
Retail internet service providers, such as Rogers and Bell, that provide end?users with access to broadcasting over the internet are not subject to the Broadcasting Act because they have no control over the programming transmitted, the Supreme Court of Canada rules.
- New home prices rose 2.5% last year: Stats Can
The price of a new home in Canada rose by 2.5 per cent last year, led by big jumps in Toronto and Oshawa, Ont., according to Statistics Canada.