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Canadian markets news

Future Shop stores closed across Canada, some to become Best Buy
Dozens of Future Shop stores have been closed across Canada, its parent company Best Buy Canada Ltd. announced Saturday. The company said it was shutting down 66 Future Shop stores effective immediately.
UPDATE 1-Best Buy warns of profit hit as it consolidates Canadian stores  Reuters
Future Shop stores closing across Canada, 1500 jobs lost  Vancouver Sun
Calgary Herald  
Five key takeaways from the BlackBerry Ltd's earnings report that surprised ...
BlackBerry Ltd's fiscal fourth quarter profit beat analysts' estimates on Friday, demonstrating that its turnaround may be starting to pay off.
BlackBerry sales are bottoming out in turnaround: CEO  Taipei Times
BlackBerry announces lowest quarterly sales in 8 years  Financial Times
Bombardier open to selling assets, but not at any price
MONTREAL -- Bombardier's new CEO says the company has enough financial flexibility to complete its development projects including the CSeries commercial jet without selling assets at "fire sale" prices.
Bombardier's C Series delivery pushed back to 2016  The Globe and Mail (subscription)
Bombardier Says CSeries Plane Won't Fly Commercially Until 2016  Wall Street Journal
Two Vancouver businessmen fined for investment fraud
Two Vancouver businessmen have been ordered to pay penalties totalling almost $52-million after fraudulently raising almost $22-million from investors without revealing their company was near insolvency.
BCSC hits fraudsters with lifetime bans, $15-million fines  Business in Vancouver
$51.7M in fines for fraud  Castanet.net
Canada Post workers campaign to save home delivery
Mark Brown, national director of Canadian Union of Postal Workers, joined about 80 union members who canvassed a large section of Brampton's west end Saturday.
Local CUPW President: Canada Post should re-consider door-to-door delivery ...  CKNW News Talk 980
Canada Post back in black  Saskatoon StarPhoenix
Mandryk: If only we had learned from Norway
REGINA - There are 5,109,059 million people in Norway who, by 2020, will have one trillion dollars in oil revenue savings. It's only been since 1963 that Norway asserted its sovereign rights over North Sea oil and only since 1980 that it had its first producing ...
An idea for Ring of Fire's riches  Sault Star
Norway's oil riches and Canadian cord-cutting: BUSINESS WEEK WRAP  CBC.ca
Top trader sees hope for better market conditions amid Aequitas NEO Exchange ...
FotoliaAequitas Innovations Inc. opened the Neo Exchange on March 27, challenging TMX Group Ltd.'s stranglehold on the $2 trillion Canadian equity market.
Trading starts on Aequitas NEO Exchange | Toronto Star  New York Recorder
New stock exchange launches in Toronto, focusing on 'fairness' in ...  CBC.ca
Time to rethink overexposure to domestic stocks
The sharp decline in share prices in the energy sector has left this country's investors - even the ones passively invested in equities - even more aggressively exposed to Canada's domestic economy, just as more and more warnings are heard about the ...
Toronto stock market, Canadian dollar lower as crude, gold fall; BlackBerry up  Vancouver Sun
CANADA STOCKS-TSX ends lower as energy stocks weigh  Reuters
More creative cocktails? Albertans' feedback sought in sweeping liquor overhaul
EDMONTON - Albertans could soon see big changes at their local watering hole after a proposed overhaul of liquor laws that might include later closing times or allow bartenders to get more creative with the cocktails they serve.
Time running out as booze tax looms  iNews880.com
Big Rock Brewery 'shocked' by provincial budget's tax blow  Calgary Herald
The waterfront is getting a 48-storey tower, and more. Don't freak out
With a DJ pumping out tunes in the background, developers, planners, architects and city officials gathered in a heated tent on Thursday morning to celebrate the launch of - surprise - another glass-and-steel building project by the waterfront.
Setting the stage for City of the Arts  Toronto Star
$700M project at site of old Guvernment nightclub set to transform the ...  National Post