InfoAnda - Canada says reviewing F-35 report, denies plan to cancel |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Israel's Netanyahu courts center-left Labor | International | | 19 March 2009
J.Lo reportedly working on Latin TV talent show | | 22 April 2011
Malaysian coalition claims key by-election wins | 5 November 2010

Jersey Shore star Snooki pleads not guilty | | 19 August 2010

Forum Views () Forum Replies ()

Read more with google mobile : Canada says reviewing F-35 report, denies plan to cancel |

Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Zachary Karabell Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Reihan Salam Frederick Kempe Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (3) Full Focus Editor's Choice Our best photos from the last 24 hours. Slideshow Best photos of the year 2012 Download our Wider Image iPad app Follow Reuters Facebook Twitter RSS YouTube Read Marijuana goes legal in Washington state amid mixed messages 12:20am EST Romney campaign had $25.7 million left after U.S. election 06 Dec 2012 Philippines buries dead, typhoon toll hits 418 | 1:53am EST Google to charge small businesses for Web-based Apps software 06 Dec 2012 Special Report: Amazon's billion-dollar tax shield | 06 Dec 2012 Discussed 161 Egyptian protesters breach presidential palace cordon 139 IRS aims to clarify investment income tax under healthcare law 85 Obama takes ”fiscal cliff” on the road; Republicans stew Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Fishing for shark fin The Ocean Sunset hunts sharks as well as other fish for their meat and fins off the cost of Canada. Slideshow Pregnant princess Princess Kate, Duchess of Cambridge, leaves the hospital. Slideshow Sponsored Links Canada says reviewing F-35 report, denies plan to cancel Tweet Share this Email Print Related News Cost of Canada F-35 jets to soar, Ottawa eyes alternatives -CTV network Thu, Dec 6 2012 Pentagon, Lockheed agree deal for 32 more F-35 fighters Fri, Nov 30 2012 UPDATE 3-Pentagon, Lockheed agree deal for 32 more F-35 fighters Fri, Nov 30 2012 Canada's Carney named as Bank of England chief Mon, Nov 26 2012 UPDATE 4-Major Rona shareholder Invesco seeks to replace board Wed, Nov 14 2012 Analysis & Opinion Would you recognize Fed ‘easing’ if you saw it? A battleground for weapons of the future Related Topics World » Investing Simplified » The F-35 Lightning II, also known as the Joint Strike Fighter (JSF), planes arrive at Edwards Air Force Base in California in this May 2010 file photo. Credit: Reuters/Tom Reynolds/Lockheed Martin Corp/Handout OTTAWA | Thu Dec 6, 2012 10:48pm EST OTTAWA (Reuters) - The Canadian government said on Thursday it was reviewing an independent report on the cost of the F-35 Joint Strike Fighter program, but denied that it had decided to cancel its planned purchase of 65 of the Lockheed Martin Corp warplanes. The CTV network reported earlier that the cost of Canada's planned F-35 purchase was set to soar in cost and the government would start looking at alternative planes. The media report was the latest embarrassment over the F-35 for the Conservative government, which announced in July 2010 it would buy 65 of the Joint Strike Fighters for C$9 billion. Ottawa consistently brushed off critics who said the figure was too low, but had to launch a formal review of the project in April after a spending watchdog said the initial decision to buy the jets had been based on bad data from officials who deliberately downplayed the costs and risks. CTV, citing unnamed sources, said the government would next week release an independent study showing the cost of buying and maintaining the jets was in fact around C$40 billion ($40.4 billion), much higher than the initial estimate of C$25 billion for purchase and maintenance. The television network did not say what time period the C$40 billion covered. The C$25 billion estimate was for 20 years. Andrew MacDougall, spokesman for Prime Minister Stephen Harper, said the government was reviewing the report prepared by the accounting firm KPMG, but that reports indicating the government had decided to cancel its F-35 buy were false. He said the government planned a "comprehensive public update" before the House of Commons takes a Christmas break at the end of next week. "We are committed to completing the seven-point plan and moving forward with our comprehensive, transparent approach to replacing Canada's aging CF-18 aircraft." MacDougall told Reuters. CTV said Ottawa would launch a new review of how best to replace its aging fleet of CF-18 fighters, which will be retired in 2020, and could remove a requirement for the new jets to have stealth capability. Possible alternatives include Boeing Co's F-18 Super Hornet. The $396 billion F-35 program, the largest in Pentagon history, is already late and well over budget. The Canadian Defense Ministry did not hold an open competition to replace the CF-18s, saying the F-35 was the only plane that could meet all of Canada's requirements. In April, Ottawa responded to the spending watchdog's criticism by stripping the Defense Ministry of responsibility for buying new jets and handing it to the Public Works Ministry. No one in the office of Public Works Minister Rona Ambrose was immediately available for comment. Lockheed is developing three variants for the U.S. military and eight partner nations: Britain, Canada, Italy, Turkey, Australia, Denmark, Norway and the Netherlands. Neither Lockheed nor the Pentagon's F-35 program office had any immediate comment on the Canadian media reports. ($1=$0.99 Canadian) (Reporting by David Ljunggren in Ottawa and Andrea Shalal-Esa in Washington; Editing by Peter Cooney) World Investing Simplified Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) GeorgeBrown wrote: Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 7 December 2012
Fatal North Sea collision said to be human error |
Guatemala rejects request for asylum by McAfee |
Greek police clash with youths over 2008 shooting |
Apparel factory fire reveals big brands' shadowy supply chains |
Facebook in talks to buy Microsoft ad technology: reports |
Intel CEO Otellini expects insider to replace him |
Detained software guru McAfee hospitalized in Guatemala |
Alcatel-Lucent out, Gemalto in French blue-chip index |
Broadcom eyes entry into LTE chip market in 2013 |
A123 auction to kick off with at least four bids |
Former Microsoft, Sprint executives launch mobile and cloud fund |
Once-popular Arkansas Passion Play of Jesus' life closes |
Philippines buries dead, typhoon toll hits 418 |
Egypt demonstrators reject Mursi call for dialogue |
Russia, U.S. talk as Syria events accelerate on the ground |
Exclusive: U.S. likely to extend Iran sanction waivers-sources |
U.S. warships moving to monitor North Korea's planned rocket launch |
Chinese Nobel winner dodges call for laureate's freedom |
Canada says reviewing F-35 report, denies plan to cancel |
Emboldened Hamas leader to visit Gaza for first time in 45 years |
Deportation looms for tech guru McAfee after heart drama |
Apple, Samsung spar in court, ruling to come |
Apple to return some Mac production to U.S. in 2013 |
T-Mobile USA plans to ditch phone subsidies, sell iPhone in 2013 |
Top U.S. carriers to set up 911 texting services |
Taiwan contract laptop maker Compal says Nov sales up 6 percent |
Google to charge small businesses for Web-based Apps software |
NTT Docomo loses record 40,800 subscribers in Nov, as iPhone gains |
Netflix says CEO's Facebook post triggered SEC notice |
Google critic disappointed with FTC, meet with Justice |
Jackson's Hobbit: the journey begins |
No Grammy love for Justin Bieber, One Direction |
Dancing with the Stars Burke says voice fine after thyroid surgery |
Breaking Bad, dominates Writers Guild TV nominations |
Spotify gains more listeners and Metallica |
New Whitney Houston book recalls singer's musical magic |
Actor Stephen Baldwin charged with failure to file taxes |
Hamas leader ends long exile, visits Gaza Strip |
Strong quake hits off Japan near Fukushima |
HRW demands Israel justify Gaza strike that killed 12 civilians |
Russian PM defends tough laws, stands behind Putin |
Berlusconi party says will not push Italy into chaos |
Flag riots mar Hillary Clinton's visit to Belfast |
Venezuela's Chavez returns from Cuba after treatment |
Illness leads Serb ambassador to NATO to suicide |
Italian tax police visit Facebook's Milan offices |
China's mini Apple takes slice of smartphone pie |
D. Telekom hopes investments will soften dividend blow |
TPSA sees Polish telco market tumbling further in 2013 |
Russia's Deputy PM to meet Rostelecom board next week |
China labor arbitrators rule against injured Foxconn worker |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01