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Canadian markets news

Federal Reserve Eyes End of Bond Buying, Spooking Markets
In introductory remarks, Federal Reserve Chariman Ben Bernanke said the Fed is reviewing its exit-strategy principles set out in June 2011.
US Fed's new view on economy roils stock, bond markets  Globe and Mail
US Fed keeps buying bonds at $85B monthly pace  Toronto Sun
Businessweek   Related articles »  
Poloz urges Canadians hang tight as exports, business confidence rise
Making his first public speech since taking over as Governor from Mark Carney in early June, Mr. Poloz appealed Wednesday for Canadians to hang tight as an export-led recovery and rising business confidence gradually take root.
Poloz Urges Patience for Canada Rebound in Inaugural Speech (2)  Businessweek
Bank of Canada governor says economic confidence will grow  Toronto Star
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UPDATE 2-Vimpelcom unit drops bid to control Canada's Wind Mobile
Wed Jun 19, 2013 7:38pm EDT. By Alastair Sharp. TORONTO, June 19 (Reuters) - A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to take control of Canada's Wind Mobile from its founder and chief executive, Anthony ...
Orascom withdraws bid for control of Wind Mobile  CBC.ca
Wind Mobile backer withdraws application for control  Toronto Star
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Imperial Oil to shutter Nova Scotia refinery
Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.
TAYLOR: Imperial Oil refinery bidding comes up empty  TheChronicleHerald.ca
Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation  CTV News
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Alberta economy to be a Canadian leader over the next two years
CALGARY - Alberta's economy is positioned to grow at the top-end of Canada's provincial economic growth rankings in 2013 and lead the country in 2014, says a new report released Wednesday by RBC Economics.
Alberta economy continues to churn along  HQ Grande Prairie
RBC takes more optimistic view of Canadian economy, raises growth forecast  Victoria Times Colonist
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Alberta's Redford takes pipeline pitch to Manhattan
Alberta Premier Alison Redford delivered an ardent pitch for expanded development of her province's oil sands, calling it critical to the long-term growth and security of the United States and Canada.
Alberta Premier Redford stresses same values with US over Keystone XL pipeline  Winnipeg Free Press
Redford challenges notion oilpatch development comes at expense of people  Calgary Herald
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Bombardier dismisses CSeries sales fears
PARIS - If and when Bombardier Inc.'s CSeries takes to the skies for the first time in Mirabel next week, it will be powered by about 40,000 roaring pounds of thrust.
Bombardier, Chinese plane maker extend sharing pact  Globe and Mail
Bombardier CSeries 'very close' to making maiden flight, Guy Hachey says  Vancouver Sun
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US Company Credit Swaps Rise Most in Year After Fed Statement
A gauge of U.S. corporate credit risk rose the most in more than a year after the Federal Reserve concluded a two-day policy meeting, spurring speculation the central bank will reduce stimulus that's bolstered the market.
TSX tumbles 99 points as traders fret over tapering of stimulus  CTV News
US Stocks Decline Broadly After Fed's Statement  Wall Street Journal
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Bank of Canada will raise overnight interest rate in July 2014: BMO economist ...
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
Growth in the United States, more stable Eurpean economy will help  Victoria Times Colonist
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Loblaw testing small discount-store format in Calgary
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.
Loblaw testing smaller discount grocery store format in Calgary  Calgary Herald
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