Investors, who are also looking ahead to the start of the earnings session soon, hesitated to make calls until there was certainty about a resolution to the crisis. “We’re certainly sitting on the sidelines,” said David Cockfield, managing director and portfolio manager at Northland Wealth Management. “I just keep my head down for the moment.” “I want to see some actual results before I make up my mind how this is going to turn out,” he added. “I don’t think it’s over until it’s over.” Five of the 10 main sectors on the index were higher Friday. The financial sector gained 0.4 percent, with Royal Bank of Canada climbing 0.5 percent to C$68.03. Energy shares added nearly 0.5 percent, with TransCanada Corp rising 1.2 percent to C$45.33. Encana Corp added 2.1 percent to C$18.30. The two companies were among the most influential movers on the index. But weakness in the price of bullion weighed on the materials sector, which includes mining stocks. Gold producers fell more than 3 percent. Barrick Gold Corp shed 3.9 percent to C$17.81, and Goldcorp Inc fell 3.1 percent to C$24.48.
Air Canada faces firestorm over response after staff lose dog at airport
Their entire government is shut down and about to default and this is how the US media spends its time,” the station said the email read. Word quickly spread online, with many voicing their outrage over the company’s response. “If you ever fly with your pet, you might not want to choose Air Canada,” one wrote on Twitter. The airline addressed the controversy in a statement Friday. “Air Canada acknowledges inappropriate comments were made in response to a reporter’s follow-up questions for additional details regarding Larry,” it said. “However, Air Canada has been providing the best available information to media on this matter. These comments do not reflect Air Canada’s standards or professionalism, and do not refer to the search for Larry by Air Canada employees which is ongoing.” Larry’s temporary owner said she was furious when she heard about the message. “I was angry… (but) I was not surprised that someone could be that stupid. It was an incredibly stupid, very cold, callous email,” Jutta Kulic said from Sacramento, California, where she is travelling for a dog show. Kulic, who lives in Ohio, said she was taking care of Larry after his owner, a friend of hers, died of cancer. The friend wanted her dogs placed in “loving homes,” she said.
Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Canada beats USA in Olympic warmup Ted Ryan, USA TODAY Sports 1:10 a.m. EDT October 13, 2013 Team Canada celebrates a 3-2 win against the USA in Burlington, Vt. (Photo: Brian Jenkins, for the Burlington Free Press) Story Highlights Canadians build 3-0 lead, hang on to win by a goal U.S. coach: “We played probably 18 minutes of really hard-nosed USA hockey, so we’ve got a ways to go” Scuffle breaks out at end after USA player collides with Canadian goalie SHARE 1 CONNECT 4 TWEET COMMENTEMAILMORE BURLINGTON, Vt. – It’s a long road to the Winter Olympics in Sochi, Russia, and two North American rivals took one more step along the way as Canada held fast for a 3-2 victory against the USA women’s hockey team at Gutterson Fieldhouse on Saturday night. “You better be ready to play when the puck drops and play 60 minutes of hockey,” said USA coach Katie Stone after her team turned in a lackluster opening 40 minutes. “We played probably 18 minutes of really hard-nosed USA hockey, so we’ve got a ways to go,” Stone said after Canada built a 3-0 lead and absorbed the USA’s late two-goal counterattack. “We kind of floundered a little bit early on but we’ll get there,” Stone said. “The good news is we came on as the game went on. We scored two goals, we put a ton of pressure on them at the end We need to start faster.” Canada had the edge in offensive zone time in a scoreless first period, netted two goals in the second and pushed the lead to 3-0 early in the third. The USA broke through with a two-player advantage power play goal at mid-third, cut the deficit to one with 5:31 remaining and drove hard to the finish. Those final minutes included not only several good USA chances but a skirmish that earned two players on each team five-minute roughing majors and game misconducts after USA forward Jocelyne Lamoureux collided with Canada goalie Shannon Szabados at 16:53. Szabados sprawled on the ice and her teammates came to her defense, setting off a lengthy tussle in the corner. “It happens from time to time,” said longtime Canadian team member Hayley Wickenheiser of the scuffle, recalling a 2010 incident.
Beset by bad news, Canada cheers up over Nobel
There’s the lurid story of Toronto’s mayor, allegedly caught on video smoking crack cocaine; a jaw-dropping tale of official corruption in local Quebec politics, and a runaway freight train loaded with oil that derailed and set off a fireball that killed 47 people and destroyed the center of a small Quebec town. On the entertainment side there was an uproar over a maladroit reference by pop idol Justin Bieber to Anne Frank, while in the business world, Canadians are agonizing through the slow demise of their once golden child of technology, BlackBerry. Overall, Canadians have been feeling self-confident with their rising profile in sports and the arts, their growing oil might and their success in having weathered the global economic crisis. Yet the bad-news stories seem to have come thicker and faster in the past year or so. Nelson Wiseman, a political science professor at the University of Toronto, said the flow of negative news got so bad that Al-Jazeera, the Middle Eastern TV network, interviewed him about it. So he has extra reason to celebrate the 82-year-old Munro’s Nobel triumph. “The scandals have blackened our eye to some degree but with this award, it reverberates on many levels; it’s tooting Canada’s horn,” he said in an interview with The Associated Press. Topping the list of ongoing sagas is that of Rob Ford, the bumbling, tough-talking mayor of the city that brands itself “Toronto, the good.” The Toronto Star says two of its reporters watched a video that purports to show the 300-pound (135-kilogram) mayor sitting in a chair, inhaling from what appears to be a crack pipe. The Star says it did not obtain the video or pay to watch it. The video hasn’t been made public and The Associated Press hasn’t seen it. Ford has said there is no video and has called the allegations ridiculous. Meanwhile, Montreal has lost one mayor, Gerald Tremblay, amid corruption allegations, and then his temporary replacement, Michael Applebaum, was arrested on fraud charges linked to two real estate deals. Among the juicy details that emerged from the French-speaking province’s scandals was a safe so jam-packed with cash that the official in charge of it needed help to shove its door shut. “It’s too depressing, and would make Mordecai Richler do backflips in his grave,” journalist and social commentator Dalton Higgins said in an interview. Richler was one of Montreal’s most celebrated novelists. Of course, cautions George Stroumboulopoulos, a popular TV talk show host, “Every country in the world has positive and negative moments.” He noted in an interview that “we have the biggest pop star in the world (Bieber), one of the biggest rock bands in the world (Arcade Fire), we have a Nobel-winning author now, right?