Canadian sports franchises cheer domestic currency
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Canadian professional sports teams are cheering the Canadian dollar's rapid rise to parity with the greenback, as it should help boost their bottom lines and keep star players on their rosters.
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Few economists think the rise of the Canadian dollar, which makes exports more expensive to Americans, is over.
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A crowd of American sports leagues are racing to widen international appeal and revenue by playing more games abroad and expanding foreign marketing.
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OTTAWA (CP) - Canadians sold $1.2 billion worth of foreign securities in June, the first month since January they had done so, says Statistics Canada.
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OTTAWA (CP) - The Canadian dollar on Friday eclipsed the 80-cent US mark for the first time in more than a decade, as a jump in job-creation last month pushed unemployment down to the lowest rate in three years and built the case for the Bank of Canada to
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A combination of robust economic performance and the expectation of higher interest rates sent the Canadian dollar surging this morning.
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News Corp. and M-Net/Supersport will pay $323 million for broadcasting rights to southern hemisphere rugby union through 2010, boosting revenue for the sport&#39;s expansion in Australia, New Zealand and South Africa.
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Sport has its own language, and never is it more abused than at playoff time, the &quot;next level&quot; when all the chips are on the table, everyone has to give 110 per cent, and - oh hell, let&#39;s stop it right there, shall we?
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The city's dominance in football, baseball, and basketball has fans in a rare feel-good mood.
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New Yorkâs chic shopping districts seem to be teeming these days with foreign tourists taking advantage of the weak dollar. Foreign retailers are now joining them.
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The CAPS community loves this online gaming company.
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DETROIT -- The incentives were on the wall. Literally. Before yesterday's game at Joe Louis Arena against the mighty Detroit Red Wings, the club with the second-best home record in the NHL, the numbers went up on the grease board in the visiting dressing room.
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The record surge in the value of the Canadian dollar is going to test the Canadian economy, financial analysts here warned. The Canadian dollar, after briefly rose above 85 US
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Two storied franchises - the Montreal Canadiens and Liverpool soccer club - are coming under the same roof.Comment
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Take a look at where some of the top pros are putting their money.
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As the weak dollar woos international visitors, individual cities and states are stepping up their global promotional efforts.
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OTTAWA (CP) - Although oil prices, the loonie and interest rates are all headed higher, Canadian consumers are keeping their chins up, says the Bank of Canada.