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Canadian markets news

Income gap grows between young and old: Report
Canada's income gap is growing - not just between rich and poor, but between young and old, a report by the Conference Board of Canada has found.
Age rather than gender becoming the new income divide  Canada NewsWire (press release)
Conference Board warns of widening income gap between generations  The Globe and Mail   Related articles »  
Target Canada prices drop lower than Walmart's, study finds
Target Canada has moved aggressively to lower prices in an attempt to gain some ground against Walmart in this country, a new study finds.
Target Canada winning price battle with Wal-Mart  The Globe and Mail
Target Canada's new prices undercut Walmart, New Study  Canada News
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Eurozone recovery stutters
The eurozone's economic recovery continued to falter in September, with a closely watched poll of purchasing managers suggesting momentum slowed to its lowest level this year.
Euro zone business growth slows in September as prices keep sliding: PMI  Reuters Canada
Putin leaves Germany's factories in a worse state than anyone imagined
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Oliver urges weaker G20 economies to follow Canadian stimulus model
Finance Minister Joe Oliver answers a question in the House of Commons, Tuesday, Sept. 16, 2014 in Ottawa. THE CANADIAN PRESS/Sean Kilpatrick.
Finance Minister weighs in on potential housing finance changes  Canadian Mortgage Broker News
Joe Oliver says Canada won't make major changes to CMHC, housing finance  Financial Post
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Arbutus Corridor worth $400M: CP Rail CEO E. Hunter Harrison
CP Rail has fired another shot in the public relations battle against the City of Vancouver over the future of the Arbutus Corridor - arguing the land is worth well over $400 million.
Pete McMartin: The Arbutus Corridor � The Great Train Robbery?  Vancouver Sun
CP signals lack of patience with Vancouver on disputed Arbutus corridor  The Globe and Mail
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Ontario trims 2013-14 deficit to $10.5B
TORONTO -- Ontario's deficit for fiscal 2013-14 came in at $10.5 billion, $800 million lower than forecast in last spring's provincial budget, Finance Minister Charles Sousa said Monday.
Ontario deficit down $800 million despite revenue drop  Toronto Star
Ontario finance minister Charles Sousa to release deficit update
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Bank of Canada pegs 'neutral' interest rate below historical norm
Canadian interest rates will likely peak at lower levels than they have in the past, the Bank of Canada's second in command says - and the central bank might keep rates low even once the economy has returned to full throttle.
CANADA FX DEBT-C$ down on low commodity prices, central bank view  Reuters
Low rates still needed, Bank of Canada senior deputy governor says  CityNews
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BC Ferries converting Spirit Class vessels to LNG
The two largest BC Ferries vessels are going to be running on natural gas by 2018, the ferry corporation announced today. The Spirit of Vancouver Island and the Spirit of British Columbia will both be converted to run on diesel and LNG by 2018.
BC Ferries to convert ships  Cruise and Ferry
BC Ferries expands LNG-powered fleet  bunkerworld (subscription)
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Canada missing out on green energy revolution, report says
At a time when investment in clean energy technologies is growing worldwide, Canada is �looking the other way� and risks missing out on trade and growth opportunities, according to a new report from an advocacy group for green energy.
Businesses, investors press for green policy  San Jose Mercury News
Businesses and investors pressing for green policy  Santa Fe New
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Closing Bell: Toronto stock market suffers three-digit loss amid backdrop of ...
TORONTO - The Toronto stock market suffered a triple-digit loss Monday as commodities prices mostly fell amid continuing worries over slowing growth in China.
CANADA STOCKS-TSX hits six-week low on China fears, commodity prices  Reuters
TSX, Wall Street pulled down by China worries, lower commodities  Lethbridge Herald
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