Toronto freezes pension transfers on allegations

Article Abstract:

RT Capital Management Inc., which is owned by Royal Bank of Canada, has been implicated in a stock manipulation scandal by the Ontario Securities Commission. The city of Toronto has frozen the transfer of pension money to RT Capital accounts during the invesigation.

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Airline considers Toronto route cuts

Article Abstract:

A report from the World Health Organization on the outbreak of SARS in Toronto, Ontario has prompted Air Canada to consider a reduction in flights from the city. Industry analysts said that international travelers are expected to avoid Toronto.

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Air Canada nixes valuations

Article Abstract:

Air Canada will not carry out new valuation reports on its pension funds.

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