Archive for December, 2006

Canada’s leading technology firm in mobile communications beat expectations

Research In Motion reported a higher preliminary third-quarter profit last Thursday that beat expectations and forecast an even better fourth quarter due to strong demand for its BlackBerry handheld e-mail devices.

RIM said it earned $176 million (£90 million), or 93 cents a share, for the three months ended 2 December. That was up from a profit of $120 million, or 61 cents a share, in the same period a year earlier.

This is one of Canada’s leading technology companies. Blackberries are used worldwide by business professionals, government bureaucrats and those who appreciate state of the art communications equipment.

Federal Opposition Leader Stephane Dion considers review of oilsands tax laws

globeandmail.com: Dion says he’d review tax breaks to the oil sands

Mr. Dion attempted to cut short any suggestion that the moves would be perceived as anti-Alberta.He pointed out that former premiers Peter Lougheed and Ralph Klein, as well as Reform party founder Preston Manning, have all called for a move toward green technology.

Mr. Lougheed has called it a “major wrong” that, under the current rules, Alberta taxpayers subsidize multi-year capital projects for an industry so lucrative that it has sent the cost of living skyrocketing in the province.

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