I see no need for a Royal Commission [on trade unions] which will take minutes and waste years.

Our trade contacts indicate Reynolds American has already developed a product and will enter the market with Camel, possibly in conjunction with the Daytona 500 in mid-February.

When will the prime minister finally stand up and tell George Bush Canadians have had enough with his trade attacks,

There are several hundred billion dollars of positions in the carry trade that will be unwound as soon as they become unprofitable. When the Bank of Japan starts tightening we may see some spectacular effects. The world has never been through this before, so there is a high risk of mistakes.

The markets were choppy during morning trade. Trading will become stock-specific as the corporate earnings flow in.

The sum of the parts will trade higher.