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Canadian markets news

Chile freezes Barrick's Pascua-Lama, orders 'urgent measures'
Chile's environmental regulator has halted development of Barrick Gold Corp.'s $8.5-billion (U.S.) Pascua-Lama mine, dealing a fresh blow to the embattled project that is key to the growth plans of the world's largest gold miner.
Chile fines Barrick Gold $16m for Pascua-Lama mine  BBC News
Barrick hit with $16-million fine over Pascua-Lama gold mine  Toronto Star
Wall Street Journal   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.
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
After backlash, RBC pledges to not send work offshore just to cut costs  CTV News
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First TD Buyback in 6 Years Seen Helping Stock: Corporate Canada
Toronto-Dominion Bank (TD)'s first share buyback in more than six years adds to a 10-year high in Canadian capital repurchases as companies try to soften the blow of underperforming stock prices.
US foray set to goose TD profits  Globe and Mail
TD Bank profit rises despite sluggish housing growth  Toronto Sun
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Back to work! US trails developed world in vacation time for workers, study finds
It may come as a surprise to many hardworking Americans, but governments in much of the developed world require employers to give employees varying amounts of paid vacation time.
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
Study ranks Canada third-worst among affluent nations for paid vacation  Toronto Star
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Kinder Morgan files preliminary plans for Trans Mountain pipeline expansion
Kinder Morgan Canada expects to need roughly 150 kilometres of new route for the expansion of its Trans Mountain pipeline, whose current path travels directly through dense urban areas in Edmonton and the B.C.
Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan  Calgary Herald
Kinder Morgan puts some of its cards on the table  CKNW News Talk 980
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Bausch & Lomb Nears Deal to Sell Itself to Valeant for $9 Billion
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...
Valeant Pharmaceuticals eyes Bausch & Lomb  Globe and Mail
Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant  New York Times
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Manitoba Tel agrees to sell Allstream to Egyptian billionaire
Egyptian billionaire Naguib Sawiris's deal to buy Allstream, sealed after a two-year pursuit, is likely the first step in a larger plan to create a new telecommunications competitor.
Manitoba Telecom Reaches Deal to Sell Allstream Unit  Wall Street Journal
Sawiris's Accelero to Buy Allstream for $503 Million  Bloomberg
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US meat packaging regulations un-'COOL,' Manitoba government says
A trade war may be brewing between the Canadian and U.S. governments over meat packaging regulations, and it could have an impact on your wallet.
Mexico eyeing retaliatory measures in US meat labeling dispute  Reuters
Canada Not Cool with COOL  Wall Street Journal
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Canada Post wants residents to remove no-flyer stickers
MONTREAL - Some Montrealers who have blocked junk mail by affixing no-flyer stickers to their mailboxes are irritated now that Canada Post is begging them to rethink their refusal.
Canada Post tells residents that junk mail is useful  CBC.ca
Brant and area residents to pick up mail in Blackie 0  Vulcan Advocate
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Ocean fertilization project leader fired, but First Nation still backs iron dump
OLD MASSETT, B.C. - The California businessman behind a controversial ocean fertilization project off B.C.'s west coast has been fired, but the group behind the project says it still supports the concept.
Haida Salmon Restoration Corp. drops lead scientist ahead of second experiment  Vancouver Sun
CEO Russ George removed from Haida Salmon Restoration Corporation.  Prince Rupert Northern View
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