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Canadian markets news

Tim Hortons pressed by a second hedge fund, shares jump
tim-hortons A row of Tim Hortons coffee cups are lined up for customers at Penn Station in New York in this July 13, 2009 file photo.
Tim Hortons being circled by Wall Street hedge funds  CBC.ca
Tim Hortons Gains After Scout Capital Buys Stake  Bloomberg
Winnipeg Free Press   Related articles »  
Wall Street extends rise, investors see no change in Fed policy
First posted: Tuesday, June 18, 2013 11:03 AM EDT | Updated: Tuesday, June 18, 2013 04:56 PM EDT. stocks Traders work on the floor at the New York Stock Exchange, June 17, 2013.
Stocks firm, dollar rises against yen as markets await Fed  Reuters
US Stocks Rally for Second Day as Investors Await Fed  Bloomberg
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Cenovus grows rail tanker fleet to 800 cars
CALGARY - Thermal oilsands giant Cenovus Energy Inc. says it will increase its rail transportation capacity to 30,000 barrels per day or 10 per cent of overall production by the end of 2014.
Cenovus ramps up oil-by-rail capacity  Globe and Mail
Cenovus to triple amount of crude moved by rail by end of next year  Winnipeg Free Press
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US wireless giant confirms interest in Canada
U.S. mobile carrier Verizon Wireless is weighing the possibility of an expansion into Canada, but says consideration of any move north is at a very early stage.
Telecom giant Verizon confirms interest in Canadian market  Globe and Mail
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
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Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to $1-billion
CALGARY � Ottawa is boosting the liability cap on oil companies with plans to drill in Atlantic and Arctic waters as it looks to rekindle interest in Canada's offshore.
Canada to make offshore oil producers pay more for spills  Toronto Sun
Canada raises liability for offshore oil spills to $1-billion  Globe and Mail
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Rich getting richer, study finds
The rich are getting richer, and there are way more of them. The World Wealth Report, issued Tuesday by RBC Wealth Management and Capgemini Financial Services, says the number of millionaires globally grew by 1 million, or 9.2 per cent, to 12 million ...
The rich expand holdings, increase in number: Study  Toronto Sun
North American Millionaires Regain Top Spot, Report Finds  Bloomberg
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Bombardier enhances its 'special relationship' with VistaJet
PARIS - It has become almost a rite of passage. If this is the Paris air show, Thomas Flohr and Steve Ridolfi will be transacting a big deal and throwing flowers at each other.
Bombardier rivals take off at Paris Air Show  Vancouver Sun
AIRSHOW-UPDATE 1-Bombardier gets up to $1.8 bln in business jet orders  Reuters
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Toronto's Dufferin St. tops CAA survey of worst roads in Ontario
Dufferin St. has been voted the worst road in Ontario for the second year in a row in a survey conducted by the Canadian Automobile Association.
Toronto's Dufferin Street the worst road in Ontario: CAA  Globe and Mail
Toronto's Dufferin Street named worst Ontario road again  CBC.ca
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Bonnie Brooks gets a promotion at The Bay
Five years after being hired to lead the turnaround of the ailing Hudson's Bay department store chain, president Bonnie Brooks has been promoted to vice-chairman.
Brooks exiting as president, takes new role as HBC shuffles top ranks  Globe and Mail
Bonnie Brooks out as president in HBC management shakeup  CBC.ca
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Northern Gateway pipeline needed to relieve oil glut, hearing told
TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and a spokesman for the Canadian Association of Petroleum Producers says doing nothing is not an option.
Canadian oil producers plead for Northern Gateway approval  National Post
Northern Gateway panel told doing nothing is not an option  The Province
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