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Canadian markets news

CANADA FX DEBT-C$ softens as inflation cools to target level
TORONTO Dec 19 (Reuters) - The Canadian dollar weakened against the U.S. currency on Friday after data showed the country's annual inflation rate eased in November, suggesting the central bank will be in no hurry to raise interest rates.
Gasoline prices cool Canada inflation  Business Recorder
Canada's inflation rate drops to 2%, expected to decline further into 2015  The Globe and Mail (subscription)
Bloomberg   Related articles »  
OMERS sells Logibec to GI Partners
OMERS Private Equity has agreed to sell Logibec Inc., its healthcare IT company, to GI Partners, the two companies announced on Friday.
Harris Williams & Co. Advises Logibec Inc. on its Pending Sale to GI ...  MarketWatch
OMERS selling Canadian portion of Logibec  Stockhouse
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Oilsands leak that fouled aquifer is close to site where oil bubbled to surface in ...
Canadian Natural Resources Ltd. workers clean up a bitumen emulsion after it seeped up through a fissure at its Primrose oilsands project in Alberta in August 2013.
Contaminated water in Alberta renews questions about steam-injecting technology  CTV News
CNRL oilsands well breach fouls aquifer  iPolitics.ca (subscription)
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Fitch upgrades Egypt credit rating to B, cites subsidy cuts
Fitch Ratings upgraded Egypt's credit rating one step to "B" from "B-" citing structural reforms the government has undertaken including reducing fuel subsidies.
Rating agency downgrades Ontario's debt, upgrades overall outlook  The Globe and Mail
Fitch Takes Rating Actions on Private-Sector Venezuelan Banks  MarketWatch
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Alberta auditor general, child advocate face budget cuts
A legislative committee comprised mostly of Tory MLAs voted to cut about $1 million from six independent offices including Alberta's auditor general and the province's child and youth advocate.
Falling oils prices will hurt the province  Edmonton Sun
Alberta climate-change framework hits another delay (with video)  Edmonton Journal
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Province's fracking moratorium raises industry ire
FREDERICTON, N.B. - Five conditions must be met before New Brunswick will lift a moratorium on hydraulic fracturing, Premier Brian Gallant said Thursday in a move that has frustrated the energy sector but pleased environmentalists.
Business owners concerned with NB fracking moratorium  CTV News
Petroleum producers call on New Brunswick to hold off on fracking moratorium  Canadian Underwriter
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Young Canadians more likely to put off Christmas shopping: poll
If you finished your holiday shopping before this week began, good for you. Most Canadians can't say the same thing. According to a study by CIBC, 64 per cent of Canadians polled still had gifts to buy as of the beginning of the week.
Majority of Canadians still have holiday shopping to do this weekend: poll  News1130
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Federal Government Gives the Go Ahead for KSM Mining Project
The federal government has granted approval for the KSM (Kerr-Sulhpurets-Mitchell) project after finding no pressing issues with the environmental assessment conducted by the provincial government back in July, 2014.
Massive BC gold mine near Alaska gets environmental approval  Beacon News (blog)
Feds give Seabridge Gold's KSM the environmental nod  Creamer Media's Mining Weekly
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Habitat for Humanity looking forward to more builds
With many new housing opportunities coming up in the new year, Prince Albert Habitat for Humanity looked back on this year as a success.
Four families move into new Oshawa Habitat for Humanity homes  durhamregion.com
Habitat for Humanity of Elkhart County's ReStore prepares for move to ...  The Elkhart Truth
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TSX racks up fourth day of advances
The Toronto stock market closed sharply higher Friday, adding to a string of solid gains as investors continue to buy up stocks oversold in the course of a fall sell-off.
TSX enjoys 3-year weekly gain record  Market Business News
Markets close on high note  Baystreet.ca
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