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Canadian markets news

TSX at record on strong earnings reports
The Toronto stock market advanced to a record close Wednesday, powered by solid earnings and an indication from the U.S. Federal Reserve that it is in no rush to raise interest rates.
Closing Bell: TSX ends higher amid solid earnings, U.S. economic rebound in ...  Financial Post
CANADA STOCKS-TSX hits record-high close on US data, Fed comment  Reuters
Businessweek   Related articles »  
Province approves $5.3 billion KSM copper and gold mine project in Northern BC
Toronto-headquartered Seabridge Gold Corp. has won provincial environmental approval for its $5.3-billion proposal to tap a massive copper and gold deposit 65 kilometres north of Stewart in British Columbia's remote Northwest.
BC gives KSM mine environmental OK  Ktoo
$5.3-billion gold and copper mine gets green light from B.C. government  The Province
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Bitter rivals face off over future of Penn West Petroleum
Calgary energy producer Penn West Petroleum Ltd. is facing the prospect of a messy battle for control of the company just as it copes with an accounting scandal and allegations of manipulating stock options.
Penn West's own directors probing accounting practices raises corporate ...  Financial Post
PWE INVESTOR ALERT - Andrews & Springer LLC Is Investigating Penn West ...  Wall Street Journal
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Intact profit doubles as impact of floods recedes
Intact Financial Corp. saw a healthy increase in its second-quarter profits compared with the same quarter last year, when the insurance company was affected by extensive flooding in Alberta.
Intact's Q2 profit more than doubles to $215 million as impact of floods ...  Lethbridge Herald
UPDATE 1-Intact Financial 2nd-qtr profit jumps; growth in Brazil eyed  Reuters
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Ex-Goldman Vice Chairman Evans Joins Barrick Gold's Board
Barrick Gold Corp. (ABX) appointed former Goldman Sachs Group Inc. Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world's largest miner of the precious metal.
UPDATE 2-Barrick Gold lowers cost forecast, appoints new directors  Reuters
Gold miners report weaker-than-expected earnings; Barrick names two new ...  Financial Post
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What Ottawa Can and Can't Do About the Slow-Growth Recovery: C.D. Howe ...
TORONTO, July 30, 2014 /CNW/ - The Canadian economy continues to face serious macroeconomic challenges, the most important of which is addressing the burden of a slow-growth recovery, according to a report from the C.D.
How to live with a slow-growth economy  Financial Post
How to deal with slow economic growth: Get used to the pain  The Globe and Mail
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Federal government gives $2.5M to train Saskatchewan miners
The federal government announced today $2.5 million in support to train miners in northern Saskatchewan. Prime Minister Stephen Harper was in Air Ronge, Sask.
PM announces $2.5M in funding in Air Ronge  Regina Leader-Post
Harper announces $2.5-million to train miners in northern Saskatchewan  The Globe and Mail
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40-year-old Vancouver Aquatic Centre could be demolished
The aging, 40-year-old Vancouver Aquatic Centre on Beach Avenue could be demolished and replaced with a new facility near the Granville Bridge under a proposed real estate sale offered by the City of Vancouver.
For sale for $36.1 million: Land by Granville Bridge  MetroNews Canada
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New authority will oversee Detroit-Windsor bridge project, officials say
WINDSOR - A new U.S.-Canadian authority will oversee the construction, operation and maintenance of a proposed six-lane bridge between Detroit and Windsor, officials from both countries announced Wednesday.
Transport Minister says Windsor-Detroit bridge to go ahead  The Globe and Mail
The Real Reason Behind The DRIC Boards Announcement  Windsor Square
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Searchlight Capital Partners buys M&M Meat Shops
Private equity firm Searchlight Capital Partners has bought M&M Meat Shops Ltd., a frozen food retailer with 400 shops across Canada.
Another M&M milestone
Private firm buys frozen food retailer M&M Meat Shops  Hamilton Spectator
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