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Canadian markets news

Cenovus Energy looking to cut jobs, slashing dividend by 40 per cent
CALGARY - Cenovus Energy Inc. (TSX:CVE) says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent.
Cenovus to cut more jobs, dividend as oil prices slump  Reuters
Cenovus looking to cut jobs, slashing dividend by 40 per cent  The Globe and Mail
Calgary Herald  
Bombardier to delay Global 7000 business jet after profit falls
Bombardier Inc. says the debut of its new Global 7000 business jet will be delayed until 2018. The company had expected the long-range business aircraft to enter service in next year.
Bombardier delays business jet, shares sink as cash burn rises  Reuters Canada
Bombardier Inc profit tops expectations, but Global 7000 launch delayed by ...  Financial Post
Home Capital suspends 45 mortgage brokers over alleged income falsification
TORONTO - Shares in mortgage lender Home Capital Group Inc. (TSX:HCG) were up more than 10 per cent a day after it said it has suspended its relationships with 45 mortgage brokers over allegations they falsified information about borrowers' incomes.
Mortgage lender Home Capital cuts ties with 45 brokers for bogus documentation  CBC.ca
Home Capital Rallies After Disclosing Details on Falsified Data  Bloomberg
TSX rises in choppy trading; energy bounce offsets poor earnings
TORONTO (Reuters) - Canada's main stock index was higher in extremely choppy trading on Thursday as a solid rebound in energy stocks due to bargain hunting and oil prices bouncing off recent lows offset disappointing earnings.
Suncor to cut spending by another $400 million  Toronto Star
TSX rises amid earnings as energy shares gain with oil  Financial Post
Goldcorp Slashes Dividend as Output, Profit Climb
Goldcorp Inc. GG -0.39 % slashed its dividend by 60% on Thursday as its second-quarter profit more than doubled on the back of a gain related to the sale of its stake in Tahoe Resources Inc. TAHO -1.93 %. Goldcorp and its gold-mining peers have been ...
Goldcorp slashes dividend 60 per cent as gold plunges  The Globe and Mail
Goldcorp cuts dividend, expects improved 2015 output  Reuters
Resolute Forest Products reports second-quarter loss, sales down from year ago
MONTREAL - Resolute Forest Products Inc. (TSX:RFP) reported a loss of US$4 million in its latest quarter compared with a loss of $2 million a year ago.
Resolute Forest Products posts 2Q loss  Yahoo News UK
Revenue Update on Resolute Forest Products(NYSE:RFP)  Analyst Rating Reports
Bank customer satisfaction waning amid high fees, less service
Canadians' satisfaction with their banks is in decline, with customers saying they have noticed higher fees but less service at their retail branch and on the phone.
TD wins coveted customer satisfaction award from JD Power  The Globe and Mail (subscription)
Customers with smartphone installment plans less satisfied, says JD Power  ZDNet
UPDATE 2-CGI exiting low-margin markets, eyes M&A in cyber security
(Adds comments from CEO interview). By Allison Lampert and Alastair Sharp. MONTREAL/TORONTO, July 29 (Reuters) - CGI Group Inc , the information systems and management consultancy, said on Wednesday it would target acquisitions in cyber security ...
CGI exiting low-margin markets, eyes M&A in cybersecurity  The Globe and Mail
CGI sees increase in profit since last year  TheChronicleHerald.ca
Ontario Liberals accuse Harper of abandoning workers in the province
TORONTO - With a federal election call looming, Ontario's Liberal government is accusing Prime Minister Stephen Harper of abandoning workers in the province.
Charles Sousa slams Ottawa for refusing to help run Ontario pension plan  Toronto Star
Ontario Liberals want federal support for pension plan  CBC.ca
NS deficit lower than forecast for 2014-15
HALIFAX -- Nova Scotia ended fiscal 2014-15 with a $143.7 million deficit. The figure is $135.3 million lower than the $279 million deficit forecast in the 2014 budget.
Nova Scotia's deficit smaller than predicted  CBC.ca
Provincial deficit $135 million lower than budgeted  TheChronicleHerald.ca