Canada History

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					                       Canada History
Christine Nesbitt of Canada mounted a gutsy charge to the finish line to
claim gold in the women's 1,000 meters at the Richmond Olympic Oval on
Thursday, roared on by a fanatical crowd. Nesbitt, the world champion and
World Cup leader, claimed the Olympic title by a scant two-hundredths of a
second in one minute 16.56 seconds that met with thunderous cheers when
the time was posted.

Poll shows Conservatives, Liberals stalled

TORONTO- Canada's Liberals have failed to gain any ground on the
Conservatives, despite discontent with the government's decision to suspend
Parliament until early March, according to a new poll. An Ekos opinion poll
released on Thursday showed the Conservatives with 31.2 percent support,
compared with 29 percent for the Liberals.

TSX rises for seventh session, led by golds

TORONTO (Reuters) - Toronto's main stock index finished higher for a
seventh straight session on Thursday, led by gold mining shares, which got a
boost from better than expected results from Barrick Gold. Barrick, the
world's biggest gold miner, led all heavyweight gainers, up 3.3 percent at
C$40.94, after it announced plans to spin off its African assets into a new
company and said its quarterly operating profit more than doubled on
stronger gold prices.

Bank of Canada: inflation horizon may be shorter

OTTAWA (Reuters) - The Bank of Canada suggested on Thursday that the
changes it makes to interest rates may affect inflation more quickly than
previously thought, and that a move away from its current inflation-targeting
model could be relatively easy. A research paper published in the Bank of
Canada Review analyzes the causes and consequences of Canada's "low
inflation persistence", a phrase that means the inflation rate responds quickly
to changes. The bank used as a metaphor the ability of a speedboat to change
direction faster than a massive ocean liner.

"Dead" singer Gordon Lightfoot says he feels fine and well.
CALGARY, Alberta (Reuters) - Gordon Lightfoot is very much alive
despite reports on Thursday that said the legendary 71-year-old Canadian
singer-songwriter had died while on a North American tour. Lightfoot,
whose hits include "The Wreck of the Edmund Fitzgerald", "Sundown", and
"Carefree Highway", was said to have been pronounced dead by a prank
message posted on the Twitter micro-blogging service, according to the
website of the Globe and Mail newspaper. Reports of his death spread
quickly on radio, television, and news websites.

Media spotlight hard for Canadian athletes to hold

VANCOUVER (Reuters) - Canadian medal winners should bask in the
media spotlight because it will fade sooner than if they were European
athletes, the chief executive of Canada's Olympic Committee said on
Wednesday. Athletes like Alexandre Bilodeau and Maelle Ricker became
instant Canadian heroes at the Vancouver Games by winning gold on home
soil, prompting talk of their marketing potential.

Canada's permafrost retreats amid warming trend

WASHINGTON (Reuters) - The permanently frozen ground known as
permafrost is retreating northward in the area around Canada's James Bay, a
sign of a decades-long regional warming trend, a climate scientist said on
Wednesday. When permafrost melts, it can liberate the powerful greenhouse
gas methane that is locked in the frozen soil. The amount of methane
contained in permafrost around James Bay is slight compared to the vast
stores of the chemical found in ancient, deep permafrost in the Yukon,
Alaska and Siberia.

Canada budget watchdog warns of aging work force

OTTAWA (Reuters) - Canada's fiscal structure is not sustainable in the long
term and will lead to bigger deficits as the population ages unless the
government takes preemptive action, the country's budget watchdog said on
Thursday. A report by the parliamentary budget officer said that to close a
looming shortfall, the government would have to raise taxes, reduce
spending or a combination of both to make up the equivalent of 1 to 2
percent of gross domestic product. Canada will open student year soon.

Canada to host G8 development ministers in April
OTTAWA (Reuters) - Canada will host a meeting of G8 development
ministers in the Atlantic Coast city of Halifax, Nova Scotia, on April 26-28
to focus on strategies for saving the lives of mothers and young children in
poor countries, the government said on Thursday. The ministers will prepare
proposals for a Group of Eight summit to be held in Muskoka, Ontario, in
June. The G8 is comprised of the United States, Canada, Britain, France,
Germany, Italy, Japan and Russia.

Canadian dollar rises after higher Canada inflation

LONDON (Reuters) - The Canadian dollar rose on Thursday after data
showed inflation in the country rose slightly higher than expected. Canada's
annual inflation rate in January jumped to 1.9 percent from 1.3 percent in
December on higher gasoline and car prices, Statistics Canada said on

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