CBC.ca News - Money

Potash Corp. announces $1.8B US expansion: Potash Corp. of Saskatchewan is planning a $1.8 billion US expansion of its potash operation in Rocanville more »

HSBC takes $3.4B US hit from U.S. mortgages: The list of global financial players taking big charges stemming from the U.S. mortgage sector continued to grow Wednesday as British bank HSBC Holdings Plc said it will take a $3.4 bilion US hit. more »
Bank of Canada says no special help forthcoming for Ontario industries: There will be no special assistance for Ontario manufacturers struggling to cope with the high Canadian dollar, the senior deputy governor at the Bank of Canada says. more »
Investors barely react to Clearwater review: Clearwaters Seafoods Income Fund reported that its distributions this year far exceeded the cash it generated and announced it's starting a strategic review. more »
Lululemon stock drops after seaweed clothing claims disputed: Shares of yoga-inspired apparel maker Lululemon Athletica Inc. fell by seven per cent in early trading Wednesday after a newspaper report disputing company claims about the benefits from clothing it says contains seaweed. more »
U.S. retail sales stagnant in October: Fallout from the weak housing market and warmer-than-usual weather produced a sluggish business increase at U.S. cash registers in October. more »
Grape-generated power slated for Ontario region: Grape byproducts from a local winery will soon power homes in Ontario's Niagara region, Inniskillin Wines and StormFisher Biogas announced Wednesday. more »
HST chatter not so harmonious, N.L. minister says: The Newfoundland and Labrador government is warning that reducing the harmonized sales tax may depend on another province's tax decisions. more »
Sirius, XM shareholders approve U.S. satellite radio merger: The shareholders of Sirius Satellite Radio and XM Satellite Radio voted Tuesday by an overwhelming margin to approve Sirius' proposed acquisition of its rival. more »
Canadian M&A activity a 'strong' $91B in Q3: Despite the onset of the worldwide credit crunch, Canadian companies were involved in $91 billion worth of M&A deals in the third quarter, according to Crosbie & Company, a Toronto-based investment bank. more »