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Canadian markets news

Despite the price, Allstream sale is the best possible outcome
Manitoba Telecom Services Inc.'s deal to unload its underperforming Allstream division after years of trying is a triumph of the art of making the best of a bad situation.
Egypt tycoon to buy MTS fiber network in new Canada push  Reuters Canada
Canada Stocks Fall, Led by Energy Shares as National Bank Climbs  Bloomberg
Montreal Gazette   Related articles »  
Royal Bank pledges not to outsource jobs for cash savings
Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money. The bank updated its code of conduct on Friday, after facing intense criticism last month for its hiring policies.
After backlash, RBC pledges to not send work offshore just to cut costs  CTV News
Royal Bank releases supplier code of conduct after outsourcing backlash  Winnipeg Free Press
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TSX dips as Fed stimulus worry offsets rise in banks
By John Tilak. TORONTO (Reuters) - Canada's main stock index fell modestly on Friday as fears that the U.S. Federal Reserve will turn off the tap on its stimulus program offset a rise in National Bank of Canada (NA.
TSX, Wall Street lower amid durable goods data, long weekend  Vancouver Sun
At the open: TSX, US stocks slide as Nikkei plunge ignites fears  Globe and Mail
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Canada threatens retaliation over US meat-labelling rules
The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.
Ottawa weighs retaliation over new US meat label rules  Globe and Mail
US meat labels to detail animal's origin; Canada, Mexico raise concern  Washington Post
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US drought drives Alberta farm cash receipts to record level
CALGARY - Farm cash receipts are set to smash new records this year, says a senior Alberta economist. According to the latest figures from Statistics Canada, farm cash receipts in Alberta hit $3.85 billion in the first quarter of this year - a new all-time ...
Manitoba farms' Q1 tops  Winnipeg Free Press
StatsCan: 2012 Canadian farm cash receipts up 16.9%  Farms.com
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SaskPower set to start testing world's first carbon-capture facility
The world's first carbon capture and storage facility is set to start testing in Saskatchewan and it's already creating international buzz.
Carbon project critical for Sask  StarPhoenix
Symposium participants visit Estevan  Lifestyles Publications
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National Bank of Canada Profit Falls
TORONTO�National Bank of Canada, the sixth-largest bank in Canada, raised its quarterly dividend Friday after reporting a 22% decline in second-quarter earnings reflecting last year's sale of its asset management unit.
National Bank Posts Record Adjusted Profit  Bloomberg
TD Bank profit rises despite sluggish housing growth  Toronto Sun
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Canadian vacation days lag behind Europe
Europeans are getting more days of this than you are. Photo: AP Photo/Chris E. Griffith. comment. Lauren Strapagiel. Published: May 24, 2013, 12:58 pm.
When it Comes to Vacation Time, Canadians May Envy Europeans  Wall Street Journal
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
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Loonie lower despite positive durable goods data
The Canadian dollar was down a quarter of a cent Friday under pressure from a strong U.S. dollar and lower prices for many of the commodities that Canada produces.
Canadian Dollar Falls on Concern Risk Assets Outpaced Economy  Businessweek
Loonie falls as investors turn sour on Canada  Financial Post
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Chile blocks Pascua-Lama mine, fines Barrick for environmental violations
Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5-billion (U.S.) Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing �very serious� violations of its environmental permit as well as a failure by ...
Chile Environmental Overseer Halts All Operations at Barrick's Pascua ...  Wall Street Journal
Chile fines Barrick Gold $16.4 million for environmental violations  Vancouver Sun
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