Warren Buffett: It's tough to figure out how much to pay employees

Warren Buffett and Charlie Munger discuss the difficulty in determining employee compensation at Berkshire Hathaway.

  • Harry and Meghan's baby would be 7th in line for UK throne
    News
    The Canadian Press

    Harry and Meghan's baby would be 7th in line for UK throne

    LONDON — A baby born to Prince Harry and Meghan, the duchess of Sussex, would be seventh in line for the British throne when it is born next spring. Here is the current line of succession to the British throne upon of the death of 92-year-old Queen Elizabeth II:

  • Andrew Scheer on revamped NAFTA deal: 'I would have signed a better one'
    News
    The Canadian Press

    Andrew Scheer on revamped NAFTA deal: 'I would have signed a better one'

    Conservative Leader Andrew Scheer is opening a new front in his party's fight against the revamped NAFTA deal, saying he would have done better than Justin Trudeau. The United States is measuring its success in the newly revised North American Free Trade Agreement by what it gained, Scheer tweeted Sunday. Scheer argues his party would not have had to sign the new U.S.-Mexico-Canada Agreement because it would have negotiated a more attractive one for Canadians.

  • Tale of two brothers reflects Syrian rebel unity and divisions
    News
    Reuters

    Tale of two brothers reflects Syrian rebel unity and divisions

    One is a member of a rebel group that was once backed by the CIA. "The important thing is we fight the same enemy," said Abu Eliyas, 40, a member of the Turkey-backed Failaq al-Sham group. "At home, we exchange military skills and information, and discuss the Syrian scene." Abu Yousef, 27, belongs to the jihadist Tahrir al-Sham, formerly known as the Nusra Front.

  • PHOTOS: Conservative Leader Andrew Scheer visits India to 'repair' relations
    Yahoo Canada News

    PHOTOS: Conservative Leader Andrew Scheer visits India to 'repair' relations

    Andrew Scheer is in India this week and so far, there have been no controversies to speak of. The federal Conservative leader brought his wife, Jill Scheer, along for the journey. The official Opposition leader made it a point to visit the country after Prime Minister Justin Trudeau made international headlines during his India visit in February. Trudeau was criticized for wearing traditional Indian clothing with his wife and three children when it wasn’t always necessary, much to the amusement of some Indians. Also, Sophie Grégoire Trudeau, the prime minister’s wife, was photographed at an event in India with Jaspal Atwal, a convicted attempted murderer.  In comparison, Scheer’s tour of the country has been described by some as being more low key than Trudeau’s trip. “This week, I’m on a mission to Canada’s largest trading partner in south Asia and the world’s largest democracy,” Scheer said in a video posted to YouTube on Oct. 9. “I’m going to be sitting down with Indian officials and business leaders to promote Canada’s interests and promote the best opportunities our country has to offer.” Most notably, the Tory leader met with Indian Prime Minister Narendra Modi where he reportedly discussed how Canadian oil could help meet India’s energy needs. CBC News reported that Scheer described his interaction with Modi, a man with more than 44 million Twitter followers, as “warm” and he was interested in Scheer’s take on Canada’s new trade agreement with the U.S. and Mexico. The former House speaker also met with Punjab Chief Minister Capt. Amarinder Singh, Bangalore’s Kempegowda International Airport CEO Hari Marar, Indian Finance Minister Arun Jaitley and other leaders in business and politics. In August, Scheer spoke of the need to “repair and strengthen” Canada’s relationship with India following Trudeau’s highly-publicized visit. “A Conservative government will dramatically expand the strategic relationship between our countries and our peoples and advance our shared security, prosperity and values,” Scheer said. “Unfortunately, Justin Trudeau’s disastrous trip to India damaged this key relationship and we must now work to repair it.” With files from The Canadian Press

  • Hundreds line up to get a piece of Montreal’s transit system
    Global News

    Hundreds line up to get a piece of Montreal’s transit system

    Hundreds of Montrealers waited in line for up to two hours to buy vintage transit-related items including station signs, subway seats and bus fare boxes. Phil Carpenter has the story.

  • St. F.X. students protest school's handling of alleged sexual assault
    News
    The Canadian Press

    St. F.X. students protest school's handling of alleged sexual assault

    A group of students is set to launch a petition that demands St. Francis Xavier University strengthen its sexual violence policy, saying an apology from the school's president for its handling of an allegation of sexual assault doesn't go far enough. On Saturday, nearly 40 demonstrators from the school and community confronted Kent MacDonald as he addressed potential students at the university's open house, and they plan to launch the petition on Monday. The school recently came under fire after The Canadian Press reported that the university reversed its decision to suspend a student it found responsible for an alleged sexual assault — without notifying the man's accuser — when he appealed.

  • Edmonton school, Salvadoran church celebrate Oscar Romero's sainthood
    News
    CBC

    Edmonton school, Salvadoran church celebrate Oscar Romero's sainthood

    Pope Francis canonized seven new saints over the weekend — one of which has a special connection to an Edmonton church and school. A delegation with members from Edmonton's Blessed Oscar Romero High School and Our Lady of Guadalupe Parish travelled to Vatican City for the canonization of Oscar Romero, the former archbishop of San Salvador. During the mass, Francis praised Romero as a prophet who shunned wealth and stood up for those living in poverty.

  • 4 men killed in shooting at child's birthday party in Texas
    News
    The Canadian Press

    4 men killed in shooting at child's birthday party in Texas

    An argument escalated into a backyard shooting at a toddler's birthday party in South Texas, leaving four men dead and a fifth man wounded, authorities said Sunday. The shooting happened at a child's first birthday party Saturday afternoon in Taft, 12 miles (19 kilometres ) north of Corpus Christi, the Texas Department of Public Safety said. Sgt. Nathan Brandley said those involved were distant relatives.

  • U.S. wants 'regime change' in Iran: Rouhani
    News
    Reuters

    U.S. wants 'regime change' in Iran: Rouhani

    The United States is seeking "regime change" in Iran, President Hassan Rouhani said on Sunday, adding that the current U.S. administration is the most hostile that the Islamic Republic has faced in its four decades. Tensions have increased between Iran and America after U.S. President Donald Trump withdrew from a multi-lateral agreement on Iran's nuclear program in May, saying it was flawed because it did not include curbs on Iran's ballistic missiles program or its support for proxies in Syria, Yemen, Lebanon and Iraq. "In the past 40 years there has not been a more spiteful team than the current U.S. government team toward Iran, Iranians and the Islamic Republic," Rouhani said in a speech broadcast on state TV.

  • Sale of vintage bus and subway items draws huge crowd in Montreal
    News
    The Canadian Press

    Sale of vintage bus and subway items draws huge crowd in Montreal

    For many Montrealers, the sound of coins dropping into a fare box or the sight of an original smurf-blue-and-white subway car brings back memories of past commutes and long hours on the road. Early customers waited in line for up to two hours for a chance to buy transit-related items including station platform signs, subway seats and bus fare boxes at a sale put on by the city's transit society. Twenty-nine-year-old Josh Arless showed up early enough to snag a metal sign from the Laurier subway stop and an old fare box.

  • Sandy Hill community group wants action on 'destructive' street parties
    News
    CBC

    Sandy Hill community group wants action on 'destructive' street parties

    Members of a community group in Ottawa's Sandy Hill neighbourhood say they're disappointed that rowdy parties took over their streets again last month — and they want candidates in the municipal election to explain what they're going to do about it. Police promised to step up enforcement during the annual Panda Game — a football match between the University of Ottawa and Carleton University at Lansdowne Park — which usually leads to large celebrations. "We feel frustrated and disappointed," said Susan Young, president of Action Sandy Hill.

  • Couple in power struggle with condo board over electric vehicle charge
    News
    CBC

    Couple in power struggle with condo board over electric vehicle charge

    A Calgary couple says they are in a power struggle with their condo board over the ability to charge their electric vehicle. Kevin Kruse and Sydney Cooper bought a Chevy Volt — a hybrid that runs on gas or electricity —  about two years ago, and said at first they had no problem charging the car by plugging it into the 110-volt outlet at their assigned spot. Kruse says he woke up one morning to find the power had been switched off.

  • Pianist and trumpeter is an inspiration to fellow musicians
    News
    CBC

    Pianist and trumpeter is an inspiration to fellow musicians

    I lost my ability to speak, to play the piano, to play the trumpet, lost my fine motor skills and lost the majority of my language — both French, German and English. "I lost my ability to speak, to play the piano, to play the trumpet, lost my fine motor skills and lost the majority of my language — both French, German and English," said Few, who performed with his friend Mark Fewer Sunday afternoon in Regina as part of the Cecilian Chamber Series.

  • Ecuador partly restores internet access for WikiLeaks founder Assange
    News
    Reuters

    Ecuador partly restores internet access for WikiLeaks founder Assange

    Ecuador has restored partial internet access to WikiLeaks founder Julian Assange, who took refuge in the country's London Embassy more than six years ago, WikiLeaks and an Assange lawyer said separately on Sunday. The move comes nearly six months after the Ecuadorean government suspended Assange's communications in March, after he discussed issues on social media that could damage the country's diplomatic relations, including a diplomatic crisis between London and Moscow as well as Catalonian separatism. "Ecuador rolls back @JulianAssange isolation," WikiLeaks said in a message on Twitter.

  • Halifax smoking ban begins today; city announces several new smoking areas
    News
    The Canadian Press

    Halifax smoking ban begins today; city announces several new smoking areas

    Halifax's sweeping smoking ban begins today, two days before recreational cannabis is legalized across Canada. The ban in the Nova Scotia capital prohibits smoking or vaping of both nicotine and cannabis on municipal property, except within designated smoking areas. The city's map of designated smoking areas currently has nine spots posted, most of which are bus terminals.

  • Nova Scotia widower "overwhelmed with joy" by thousands of birthday cards
    News
    The Canadian Press

    Nova Scotia widower "overwhelmed with joy" by thousands of birthday cards

    Gerard Dunn has found an unexpected best friend in his local postman who makes daily house calls — sometimes with the help of a supervisor — to deliver an "overwhelming" torrent of fresh cards for him to look through. Since that tweet, Gerard has received thousands of cards from people all over the world, including Europe, Australia, Africa, and the Americas. The tweet even elicited a response from Prime Minister Justin Trudeau who sent Gerard a card wishing him a happy birthday.

  • JP Morgan and Ford cancel plans for Saudi investor event
    News
    Reuters

    JP Morgan and Ford cancel plans for Saudi investor event

    The cancellations could add pressure on other U.S. firms like Goldman Sachs Group Inc , Mastercard Inc and Bank of America Corp to reconsider their plans to attend the investor event. Neither JP Morgan nor Ford would elaborate on the reasons for the decision not to attend the Future Investment Initiative conference in Riyadh later this month, and did not comment on whether concerns about the disappearance of Khashoggi were a factor. Saudi Arabia has denied that.

  • Wait times for ICBC road tests soar as new drivers show up unprepared
    News
    CBC

    Wait times for ICBC road tests soar as new drivers show up unprepared

    Susanna Miller, 25, arrived about an hour before doors open at 8:30 a.m. She thinks she's about fifth in line. ICBC made its road tests more challenging in 2016. Now, wait times to take one to get a Class 5 or 7 driver's licence in the Lower Mainland have risen to 58 days, compared to 48 last year.

  • Mercury, PCBs still threaten Arctic with new chemicals emerging: report
    News
    The Canadian Press

    Mercury, PCBs still threaten Arctic with new chemicals emerging: report

    A new summary of toxins in the Arctic says old-fashioned contaminants like mercury continue to threaten polar bears and whales despite international attempts to control them. The report for the eight countries that ring the Arctic circle found mercury poses a high level of risk to several Canadian polar bear populations. Killer whales in the North Pacific are also at high risk from PCB contamination.

  • Cannabis college: Canadian students learn to grow pot
    News
    Reuters

    Cannabis college: Canadian students learn to grow pot

    As Canadians prepare for the legalization of recreational cannabis this week, 24 students are becoming the first in the country to get formal credentials in growing pot. Canada will become the first industrialized nation to legalize the recreational use of cannabis on Wednesday, fulfilling a campaign promise by Prime Minister Justin Trudeau’s Liberals who had argued the move would keep pot out of the hands of underage users and reduce related crime. In brightly lighted climate-controlled rooms at Ontario's Niagara College, protected by fences and layers of locked doors, are 50 cannabis clones that students will learn to irrigate, feed, protect, track with bar codes, test for chemical content, harvest and cure, said program coordinator Bill MacDonald.

  • Home sales down slightly in September in first dip since spring
    News
    CBC

    Home sales down slightly in September in first dip since spring

    The Canadian Real Estate Association says home sales in September fell 0.4 per cent compared with August. The association says it was the first month-over-month decline since April. Sales fell in slightly more than half of all local markets, led by Vancouver Island and Edmonton, along with several markets in Ontario's Greater Golden Horseshoe region.

  • 'Come From Away' to take show to St. John's, N.L., for benefit performances
    News
    The Canadian Press

    'Come From Away' to take show to St. John's, N.L., for benefit performances

    ST. JOHN'S, N.L. — The hit Canadian musical that was inspired by the kindness of several small Newfoundland communities is returning the favour. The Toronto producer of the award-winning musical, "Come From Away," says the show will play eight benefit performances in a concert version in St. John's, N.L. David Mirvish says they decided to return to Newfoundland after realizing there was a gap between the Toronto production's move from the Royal Alexandra Theatre to the Elgin Theatre this January.

  • West-Saudi tensions lift safe havens; stocks slip
    News
    Reuters

    West-Saudi tensions lift safe havens; stocks slip

    By Rodrigo Campos NEW YORK (Reuters) - Major stock markets slipped on Monday as rising tensions between Western powers and Saudi Arabia added to concerns over economic growth, with investors flocking to traditional safe havens like the Japanese and Swiss currencies, as well as gold. Oil prices were little changed as the Saudi-West rift more than offset concerns over slowing demand for oil in the long term. The yen touched a one-month high versus the greenback and the Swiss franc rose for the fourth session in five [FRX/] while gold hit its highest since late July. ...

  • Canadian, U.S. passports are not the most powerful in the world
    News
    Yahoo Canada News

    Canadian, U.S. passports are not the most powerful in the world

    The most powerful passport in the world belongs to Japan, according to the Henley & Partners Passport Index. While Canada's ranking is only sixth place, the overall placement is deceptive,

  • France: 12 die in floods unseen in more than a century
    News
    The Canadian Press

    France: 12 die in floods unseen in more than a century

    Flash floods that tore through several towns in southwest France following an overnight storm killed at least 12 people, authorities said Monday. Initially, the French Interior Ministry reported 13 deaths from the floods in the Aude region. French officials lowered the number to 10 later, saying some victims had been counted twice.