Canada Pension Considers Joining Bid For Blackberry

With this network expansion, the airline’s fleet grows from 4 aircraft to 10, including 2 Boeing 767-300ERs and 8 Airbus 319 aircraft. The fleet will grow to 10 aircraft by the end of 2013 with the addition of 6 Airbus A319 aircraft by December 2013 and an additional 4 Airbus A319 aircraft by March 2014, for a total of 14 aircraft by the end of the 2013-2014 winter season. Air Canada rouge will operate its A319 on the Cancun route. The newly fitted aircraft features 142 seats: 24 new slimline rouge Plus seats in a 3+3 configuration, offering more legroom and recline, and 118 new slimline rouge seats in a 3+3 configuration. Air Canada rouge is part of the new Air Canada Leisure Group, recently created by Air Canada to uniquely serve vacation travelers with flights and, through Air Canada Vacations, packaged holidays and cruises. “The Air Canada Leisure Group leverages the combined strengths at Air Canada, Air Canada Vacations and Air Canada rouge to offer the best possible travel experience for leisure customers so that they can truly ‘vacation ahead’,” said Michael Friisdahl, Chief Executive Officer of the leisure group. “We will expand the Air Canada rouge network of popular sun destinations significantly this coming winter, as more winter getaway vacation destinations are transferred from Air Canada.” Friisdahl added, “Cancun fits perfectly into our network of highly desirable leisure destinations to escape for a break from the Canadian fall and winter weather. It is one of the fastest growing holiday destinations for Canadians not just in Mexico, but anywhere. Cancun and the Mayan Riviera have tremendous growth potential, both for Air Canada rouge and Air Canada Vacations, as the region continues to rapidly develop.” Air Canada Vacations features a full range of hotels and resorts in Cancun and throughout the extensive Mayan Coast, Mexico’s international playground, providing vacation experiences uniquely designed for everyone: singles, couples, families and honeymooners. Select resorts also offer early booking bonuses and the exclusive added-value Privileges program, with additions such as early check-in/late check out, guaranteed a la carte reservations, preferred room locations and much more. Plus, with the PriceGuard program, if the price of an Air Canada Vacations’ Air, Hotel & Transfer package drops before travel, we’ll refund the difference of up to a maximum of $800 per couple. These offers are valid for travel from November 1, 2013 and completed by April 30, 2014. Booking with Air Canada Vacations rewards travelers with Aeroplan Miles with every package. Book by October 31 and Aeroplan members can earn 3,000 bonus Aeroplan Miles. Clients who book a vacation package with Air Canada Vacations by October 31 will save $400 per couple and $600 per family to Mexico and the Caribbean.

4 to consider other proposals while Fairfax and a group of investors conduct due diligence and line up financing. Toronto-based Fairfax hasnt named any partners in its bid. Fairfax Bid BlackBerry accepted a tentative offer from Fairfax after years of losing market share to rivals Apple Inc. and Samsung Electronics Co. The smartphone makers failure to capture consumer interest as Apple and Samsung broadened its array of smartphone apps and devices pushed BlackBerrys share of the global smartphone market down to 2.9 percent in June, according to research firm IDC. Leo de Bever, CEO of Alberta Investment Management, said Oct. 7 that all the usual suspects are speaking with Fairfax about investing in the Waterloo, Ontario-based company. Ontario Teachers Pension Plan , the countrys third-largest pension manager, held preliminary discussions with Fairfax about its bid for the company, two people familiar with the talks said last month. Fairfax CEO Prem Watsa said Sept. 23 that the consortium of interested parties had a strong Canadian component. The fund is the third-largest holder of the companys stock among Canadas pension managers after Ontario Teachers and Public Sector Pension Investment Board, according to data compiled by Bloomberg. Canada Pension, which manages the retirement savings for 18 million people in every province except for Quebec , would examine any investment based on the risk and return, rather than a sense of nationalism to keep BlackBerry in Canadian hands, Wiseman said. The money were managing is the hard-earned savings of 18 million individuals, said Wiseman, who uses a BlackBerry handheld device.

Legal challenge holds up Canada top court appointment

View gallery The Supreme Court of Canada is seen in Ottawa, Ontario, Canada, June 20, 2008 (AFP Photo/Geoff Robins) 3 hours ago Ottawa (AFP) – Canada’s top court will be one judge short when it begins hearing a key national security case on Thursday after an unprecedented legal challenge scuttled a new justice’s appointment. Justice Marc Nadon, a passionate voice for the government’s controversial anti-terror measures in the past, stepped aside temporarily on Tuesday, one day after being sworn in. That will leave only eight out of nine justices available for the upcoming schedule, and not the full bench hoped for by the government. Nadon’s appointment by Prime Minister Stephen Harper was challenged by a Toronto lawyer, Rocco Galati, on a technicality. Galati contends that Nadon is not eligible to take the vacant seat on the Supreme Court, as it is one of three reserved for Quebec judges or lawyers. Nadon, 64, practised law for 20 years in the Canadian province, which is unique in Canada for adhering to a French-heritage codified civil law, instead of common law. But for the past two decades he has sat on the Federal Court. The government countered with a legal opinion from a retired Supreme Court judge that found it unreasonable for Nadon to resign from the bench, then rejoin the Quebec bar for a day to qualify. On Thursday and Friday, the Supreme Court will hear arguments in the case of a former Ottawa pizza delivery man declared to be a security threat with links to Al-Qaeda. Mohamed Harkat, 44, was first detained in 2002 on suspicion of ties to the global terror network and spent nearly four years in jail under a rarely-used national security measure before being released under strict bail conditions. His lawyers will challenge the constitutionality of the so-called security certificates, that allow secret court hearings and indefinite jailing without charge of foreigners suspected of terror ties. Canadian lawmakers say the measures are necessary to thwart possible terrorist attacks. But critics argue they breach civil liberties.

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