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Canadian markets news

Fed optimism, Tim Hortons lift TSX to 1-week high
By John Tilak. TORONTO (Reuters) - Canada's main stock index climbed to a one-week high on Tuesday as positive economic data and hopes that the U.S.
Wall Street extends rise, investors see no change in Fed policy  Toronto Sun
US Stocks Rally for Second Day as Investors Await Fed  Bloomberg
Financial Times   Related articles »  
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
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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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Offshore oil producers to pay more for spills
JDM_37715411 Newfoundland and Labrador's Hibernia oil platform. (Handout). Tweet. Change text size for the story; Print this story.
Canada raises liability for offshore oil spills to $1-billion  Globe and Mail
Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to ...  The Province
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Wealth creation by entrepreneurs outpaces inheritances
More of the world's rich are creating rather than inheriting their wealth, a survey has found, as globalisation increases opportunities for individuals worldwide to make rapid fortunes.
Rich getting richer, study finds  Toronto Star
Record wealth for world's richest as ranks swell: report  Globe and Mail
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Bonnie Brooks steps aside as Hudson's Bay president to take on vice-chairman ...
TORONTO � Bonnie Brooks may be stepping aside as president of Hudson's Bay Co., but she will be taking on an even more important role at the storied department store retailer she helped to revive, its chief executive stressed on Tuesday.
Bonnie Brooks gets a promotion at The Bay  Toronto Star
Brooks exiting as president, takes new role as HBC shuffles top ranks  Globe and Mail
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Northern Gateway pipeline needed to relieve oil glut, hearing told (updated)
TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and doing nothing is not an option, the lawyer for the Canadian Association of Petroleum Producers told a federal panel weighing the Northern Gateway project.
Canadian oil producers plead for Northern Gateway approval  National Post
Federal panel to hear final pitch for, against Northern Gateway  CBC.ca
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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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Peter Hadekel: Uncertain environment for aerospace companies
Quebec's leading aerospace companies are all seeking business at the industry's big trade show in Le Bourget, near Paris, this week.
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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