Canada Stocks-tsx Advances On U.s. Debt Hopes, Talisman

A statement posted on Harpers website says Canada is worried about reports of political leaders and journalists being intimidated and jailed and the harassment of minorities along with alleged disappearances and killings. Harper was attending the 21-member Asia-Pacific Economic Cooperation summit that ended Tuesday on Indonesias resort island of Bali. Sudarsan Raghavan and Colum Lynch Abdulkadir Mohamed Abdulkadir, a.k.a. Ikrima, has tried to extend al-Shababs reach, analysts said. Canada is deeply concerned about the situation in Sri Lanka, the statement said. The absence of accountability for the serious violations of human rights and international humanitarian standards during and after the civil war is unacceptable. An official from the Ministry of Foreign Affairs will instead represent Canada at the Commonwealth Heads of Government Meeting in Sri Lankas capital, Colombo. Harper has also asked the government to review its financial contributions to Commonwealth programs and its secretariat. There are 54 Commonwealth members, a loose association of former British colonies. Sri Lankas three decades of civil war ended in May 2009 with the defeat of the Tamil Tiger rebels who were fighting for a homeland for the Tamil minority. Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

An artisan gives finishing touches to an effigy of demon king Ravana in preparation for the upcoming Hindu festival of Dussehra in the northern Indian city of Chandigarh October 8, 2013. The effigies are burnt during the festival which commemorates the triumph of Lord Rama over Ravana, marking the victory of good over evil. REUTERS/Ajay Verma (INDIA - Tags: RELIGION SOCIETY TPX IMAGES OF THE DAY)

Late on Monday, Icahn said he had purchased about 61 million shares of the underperforming oil producer and may seek a seat on the company’s board. Investors appeared more optimistic after signals of progress emerged in the U.S. fiscal standoff, from both Congress and the White House, with President Barack Obama saying he would accept a short-term increase in the country’s borrowing authority to avoid a default. The Toronto market also appeared less worried about the debt crisis, extending its gains to a third straight session. The market is not pricing in a worst-case scenario and is seeing a solution somewhat soon, but that’s a reasonable expectation, said David Cockfield, managing director and portfolio manager at Northland Wealth Management. “Nobody is totally panicked,” he said. “In the meantime, you sit on your hands.” The Toronto Stock Exchange’s S&P/TSX composite index was up 26.51 points, or 0.21 percent, at 12,815.76. Cockfield expects the benchmark index to reach 13,500 by the end of the year. Eight of the 10 main sectors on the index were higher on Tuesday. Financials, the index’s most heavily weighted sector, climbed 0.2 percent. Royal Bank of Canada, the country’s biggest lender, gained 0.2 percent to C$66.64. Energy shares benefited from rising oil prices. Canadian Natural Resources Ltd added 1.2 percent to C$32.55, having the biggest positive influence on the index. Encana Corp climbed 1.1 percent to C$17.86, and Talisman was up at C$13.35. With the price of bullion rising, shares of gold miners climbed.

Hockey Canada and Nike unveil Canadian national team hockey jersey for 2014 Olympic and Paralympic Winter Games

It stands as a reminder that despite our perceived differences, we as a nation share a passion and a tradition with the capacity to unite regions, languages and cultures.” “I know that Canada’s National Sledge Team will take great pride in wearing this jersey at the Sochi 2014 Paralympic Games next March,” said Karen O’Neill, Chief Executive Officer of the Canadian Paralympic Committee. “Our sledge hockey team is a world power and will be a formidable presence in Sochi. Hockey Canada’s jersey has the exciting potential to unite all Canadian hockey fans as well as the Paralympic community.” Canada owns a unique place in hockey’s history. Canada’s achievements on the international stage are celebrated in three distinct versions of the Olympic jersey including a red jersey, white jersey and black jersey. Inside each jersey’s collar, players will find 12 gold maple leaves to represent Hockey Canada’s total number of Olympic and Paralympic gold medals – eight in men’s hockey, three in women’s and one in sledge. RED JERSEY The iconic red jersey celebrates the rich history of hockey in Canada. From the vintage-inspired logo on the new lightweight front crest to the Canadian flag on the sleeve and the maple leaf graphics on the shoulders, the new jersey represents Canada from top to bottom. WHITE JERSEY Unmistakably Canadian, the white jersey is the perfect complement to the red. With ‘Canada’ standing out proudly in red on the white background of the front logo and the country’s colours flowing through the asymmetrical stripe on the left arm, this jersey is a perfect representation of the pride Canadians feel when it comes to hockey. BLACK JERSEY To round out the exciting collection of jerseys for the 2014 Olympic and Paralympic Winter Games, Hockey Canada chose to add a black third jersey. Inspired by memorable vintage Team Canada jerseys, this jersey will inspire our Olympians to win again.