Razor gang to keep slashing - Tanner
THE Federal Government remains completely serious about cost-cutting even though resources revenue is likely to continue rising, a senior minister has said. news.com.au
Darling ups borrowing sharply
LONDON (Reuters) - Chancellor Alistair Darling cut forecasts for growth and ramped up borrowing on Wednesday, as the economy battles with a global credit crunch and his government slides in the polls. feeds.reuters.com
P.E.I. hog plant closes down
After years of struggles, bailouts and failed promises of revival, Prince Edward Island's only pork-processing plant ceased operations Friday. cbc.ca
National pump price increases to $1.19 per litre
The national average of gasoline climbed to $1.19 Friday, with prices continuing to edge higher in Toronto, Halifax, Vancouver and Montreal. cbc.ca
Cott posts loss on drop in Q1 revenue
Soft drink maker Cott Corp., which replaced its top executive last month, on Monday reported a loss for the first quarter of $20.7 million US on falling revenues. cbc.ca