C anada’s haven for wildcatters and risk-takers has hit hard times. A blizzard of misfortune has clobbered Canada’s junior energy sector over the past year. The number of junior companies exploring for Alberta oil and gas has taken a startling dive, as low natural gas prices constrict the lifeblood of the once-vibrant sector.

A s Wind Mobile rushes to begin selling wireless phone service in Canada as early as today, the country’s newest cellphone company is about to step into the first real price war the wireless industry has seen in nearly a decade. Technicians with Wind Mobile’s parent company, Globalive Wireless Management Corp., spent the weekend readying their network for a launch in Toronto and Calgary this week, after getting federal approval on Friday to operate. Test calls have been made across the network and it is expected Globalive will begin selling wireless plans in those two cities by mid-week at the latest, followed by Ottawa, Edmonton and Vancouver in the coming months.

To understand the reason behind the difference in mortgage interest rates between a jumbo mortgage and a standard mortgage we must first get into what a jumbo mortgage is. In essence a jumbo mortgage is a loan which is above the limits at which the two largest mortgage purchasers will buy the loan. Under normal economic conditions these two purchasers, Fannie Mae and Freddie Mac, have an upwards limit of $400,000

After months of searching for a star executive to lead its investment management unit, Morgan Stanley has finally found its man: former Merrill Lynch & Co. president Gregory Fleming. Mr.