Business
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Retirement no longer a priority for young adults
According to a recent poll by RBC, the number of Canadians 18-34-years-old who are saving for retirement is diminishing, with the lowest numbers in almost a decade. The report released by the Royal Bank of Canada (RBC) states that retirement savings are taking a backseat to other priorities amongst young adults, meaning that they are not necessarily spending their money less carefully or intelligently, but that they are choosing to invest it in areas other than retirement.
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Business Briefs
$750 Million to Remodel Wal-marts all across Canada This year, the World's biggest retailer Wal-mart plans to invest $750 million in the relocating and remodelling of 73 stores across Canada. It's said that this expansion will allow for the creation of more than 14,000 jobs – 3,500 of those being in-store positions and the remaining 10,500 being in trades and construction.
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Chinese minimum wages set to increase
Prime Minister Steven Harper and the Chinese Government have been in talks to secure two pandas for the Toronto and Calgary zoos – and approximately $3 billion worth of trade. All bear and bull market puns aside, Canada secured a market to sell many natural resources to China including uranium, oil and other goods.
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Monster Pitch at Brock
Have you ever wanted to be on Dragon's Den, with a great idea in mind, competing for a piece of the Dragon's venture capital? Well BUEC would like to give Brock University students the opportunity to participate in a similar competition, called the Monster Pitch.
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Business Briefs
Teacher's Union to retain ownership of Maple Leaf Sports and Entertainment The Ontario Teachers' Pension Plan has decided that after a recent review in November they will hold onto their stake in the MLSE. Rumours have been circulating within the sports and business world of a potential change in the ownership of the popular Toronto-based sports company.
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When music worlds collide
This past November, the record and music industry continued its rapid changeover when EMI — a mulitinational music company from London, UK — was put up for a public auction, which ended with Universal Music Group purchasing the recording and music division for $1.
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Downtown’s newest treasure
One of the most prominent features of St. Catharines' downtown core, centred on St. Paul Street, is the abundant number of independently-owned, small businesses that operate in the area. With the exception of a few franchise locations, the majority of businesses on St.
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Jobs wanted – apply outside
Water Cooler Talk
November brings us closer to winter, final exams and for many in their final year, the stark realization that it's time to find a job. With the Brock Career Expo on Nov. 8, many Brock students and potential employers were able, or are able, depending on when you read this, to network, apply and check out the next pool of Brock University's graduates.
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Money, Money, Money... Plastic Money!
Starting in Nov. 2011, the Canadian Mint will begin circulating a new line of currency, made out of polymer. This currency, appropriately named the "polymer series", is reportedly more durable, secure and efficient than Canada's current paper currency, and is being promoted as a vast improvement.
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Business Briefs
Craft Brewers steal back significant market share After many years of the Canadian beer industry being dominated by big-name, corporate brewers, a rise of smaller, independent "craft brewers" have begun to rise significantly in popularity. Labatt and Molson-Coors have exhibited a near-monopoly control on the production of beer in Canada for over 50 years, however this stronghold has recently been in decline.

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