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Canadian markets news

Bernanke Says Premature Fed Tightening Would Endanger Recovery
Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...
Dollar stands tall after Bernanke comments; China PMI in focus  Reuters
Fed Endorses Stimulus, but the Message Is Garbled  New York Times
Wall Street Journal   Related articles »  
US House's Keystone bill aimed at wresting control of project from Obama
The U.S. House of Representatives has turned up the political heat on the Obama administration over the controversial Keystone XL pipeline, passing a bill Wednesday that would grant approval for the project.
House Passes Keystone Bill as White House Vows Veto  Bloomberg
US House votes to force approval of Keystone pipeline  Reuters
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TSX edges up as Fed talk buoys golds, drags banks
By John Tilak. TORONTO (Reuters) - Canada's main stock index climbed on Wednesday, led by gold miners, after a day of choppy trading as optimism that the U.S.
Canadian stock market ends slightly up on US Fed Chairman's remarks  Xinhua
Toronto Stocks Close Mixed; Miners Hold Gains  Wall Street Journal
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Housing slowdown to worsen, cost 7500 jobs in Vancouver, mortgage group says
Almost a year after the federal government's latest tightening of the rules for insured mortgages, the association that represents mortgage brokers has come out with a dire assessment of the effect of those changes.
Cooling housing market will cost us 150000 jobs, mortgage group warns  CBC.ca
Canadians are paying off mortgages quickly � so is Ottawa's crackdown ...  Financial Post (blog)
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Montreal's boil-water warning inflames an already simmering city
Montrealers have become wearily accustomed to murky matters emanating from city hall, but now the dirt is coming straight out of their taps.
1.3 million Montrealers face boil water advisory  CBC.ca
Most of Montreal Told to Boil Water  ABC News
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Busy parking spots in Calgary may soon cost more
A council committee has accepted a plan to base inner-city parking rates on how popular parking is on any given street. The two-hour parking rates would also vary depending on the time of day.
New plan would see downtown parking rates rise, fall with demand throughout day  Calgary Herald
Lunchtime parking discounts planned for downtown Calgary this summer  MetroNews Canada
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Postal workers strike in Fort McMurray
Postal workers in Fort McMurray held a wildcat strike on Wednesday after learning Canada Post plans to hire contractors to handle parcel deliveries.
Fort McMurray postal workers stage wildcat strike over outsourcing parcel ...  Edmonton Journal
Contractors, low pay sends postal workers to the picket lines 0  Fort McMurray Today
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Developers say proposed highrise for downtown Winnipeg would be Manitoba's ...
Two Toronto-area developers offered up preliminary details of a new highrise planned to tower over all of downtown Winnipeg as the province's highest building.
Winnipeg's tallest highrise to go up at Graham, Garry  CBC.ca
New downtown tower could be 42 storeys tall: developers  Winnipeg Free Press
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Pipeline delays 'staggering' blow for Canadian economy: McKenna
The mismatch between the level of oil production in Canada and the pipeline capacity to get it to markets is causing a �staggering� blow to the Canadian economy, Toronto Dominion Bank deputy chairman and former New Brunswick Premier Frank McKenna ...
Enbridge Targeting Public Over Regulators to Build Gateway Line  Bloomberg
Enbridge underestimates oil spill risk: report  Vancouver Sun
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City wants residents to keep off Glenmore Reservoir
After looking at the forecast over the next couple days, city officials are warning residents to keep off the Glenmore Reservoir. This is to allow the water level to be dropped to accommodate the heavy rainfall, creating a heavy water flow from the Elbow River.
City closes Glenmore Reservoir  660 News
Glenmore Reservoir closed to boaters over flood fears  Beacon News (blog)
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