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Canadian markets news

Northwest towns eye billions in revenues from resource boom
Northwest B.C. municipal governments formed an alliance Tuesday to help negotiate for billions in potential revenues from an expected resource boom in their region.
Northwest Alliance Seeks Revenue Sharing With Province  CFTKTV
B.C local governments form LNG revenue sharing alliance  LNG Industry
Terrace Standard   Related articles »  
Canadian energy giant Penn West reveals accounting irregularities
One of Canada's largest energy companies, Penn West Petroleum Ltd., has unveiled details of accounting irregularities and launched a review of its financial statements dating back 4 1/2 years.
Penn West Accounting Probe May Delay Earnings Release  Bloomberg
Penn West's board, new CFO initiate independent review of accounting ...  Courier Islander
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Aviation officials 'trying to close safety gaps'
Following the shooting down of flight MH17, aviation officials have been meeting in Montreal in Canada to discuss air safety. They have agreed to set up a task force to look at airspace risks, and to push for laws on the use of anti-aircraft weapons.
VIRGIN STOPS FLIGHTS OVER IRAQ  Daily Mail
Avoiding Malaysia Airlines MH17-type tragedy: Here's how to keep 8.3 mn ...  Financial Express
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Twitter stock surge sparked by earnings
Twitter Chief Executive Officer Dick Costolo is getting the company back on track with Wall Street by drawing people to use the service more, sending shares soaring more than 35 pc.
The Soaring Ambition of Twitter's Valuation  Wall Street Journal
Twitter shares soar 35 per cent on back of user growth  Irish Times
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Talisman CEO Kvisle Hints at Higher Valuation Than Stock Price
As takeover talk swirls around Talisman Energy Inc. (TLM), the chief executive gave prospective buyers a hint today about what he reckons his company is worth: more than the market thinks.
Talisman Energy Inc mum on possible Repsol deal, posts second-quarter net loss  Financial Post
Talisman frustrated at pace of asset sales, but encouraged by Duvernay interest  Medicine Hat News
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Canadian fighter pilots sent to US for training after repeated problems at home ...
The Canadian military had to send its fledgling fighter pilots to the United States because of continuing problems with training, including several plane crashes, according to documents obtained by Postmedia News.
Canadian fighter pilots were sent to U.S. due to problems with training program  Ottawa Citizen
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WestJet ready for challenge if Southwest comes to Canada: Saretsky
CALGARY - WestJet acknowledged Tuesday the threat posed by U.S.-based Southwest Airlines' potential entry into the Canadian market, but CEO Gregg Saretsky said the Calgary-based airline will be �ready for the challenge.
WestJet Airlines Ltd ready to defend its turf while preparing for ...  Financial Post
WestJet results top estimates; airline plots expansion  Reuters
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Fatal fire costs BC mill $724000
VANCOUVER - An explosion and fire that killed two workers and injured 22 others at a northern British Columbia sawmill in 2012 was "preventable," WorkSafeBC ruled Tuesday, ordering the company that owns the mill to pay more than $724,000 in penalties ...
BC sawmill owners fined more than $700000 after deadly explosion  The Globe and Mail
WorkSafeBC orders mill to pay $724000 in penalties, levies for 2012 fatal fire  Medicine Hat News
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Plans for new Detroit-Windsor bridge to be announced Wednesday
OTTAWA -- Transport Minister Lisa Raitt and Michigan Gov. Rick Snyder are expected to make an announcement Wednesday about a new bridge that is planned between Detroit and Windsor, Ont.
Gov. Snyder, Canadians to announce joint bridge oversight panel  Detroit Free Press
Panel to be announced for new Detroit-Windsor bridge today  Globalnews.ca
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George Weston to focus on growing gluten-free sector, reports Q2 loss of $208M
TORONTO - George Weston Ltd. is placing its bets on gluten-free baked goods as a way to lure in more customers in a heated Canadian grocery market, amid a second-quarter loss that was impacted by the acquisition of Shoppers Drug Mart by its subsidiary, ...
CANADA: Costs hit profits at baker Weston Foods  just-food.com (subscription)
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