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Canadian markets news

Ottawa proposes new target-benefit pension scheme, no changes to CPP
Ottawa is proposing to create a new pension plan that would be an alternative to defined-benefit plans, generally favoured by workers, and defined-contribution plans, which are favoured by employers.
Ottawa to propose new pension scheme; won't budge on CPP expansion  CTV News
No retirement crisis in Canada  Troy Media
Toronto Star   Related articles »  
Edmonton gas price jumps, but worse in other cities
Analysts say there are a few aggravating factors that are making this year's bump especially painful. CANADIAN PRESS/Ryan Remiorz.
Gas prices hit three-year high in parts of Canada  CTV News
4 Reasons Why Gas Prices Are Rising  Motley Fool Canada
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Temporary Foreign Worker Program linked to joblessness, report finds
There's evidence that the government's Temporary Foreign Worker Program nudges the unemployment rate higher in some sectors of the economy and parts of the country, think-tank C.D.
Temporary foreign workers program has boosted joblessness: report  CTV News
Foreign workers drove unemployment higher in BC: SFU report  Times Colonist
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Embattled Sears Canada 'open' to more real estate sales
Sears Canada Inc. will continue to weigh selling more of its valuable real estate, including prime store leases, to help bolster its sagging operating results although it has no current plans to vacate more of its outlets.
Sears Canada CEO will devote more resources to improve online experience  CTV News
Sears Canada to invest $30-million in IT systems upgrades as rivals gain edge  Financial Post
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Bank of Canada sees export recovery, but low inflation if wrong
OTTAWA (Reuters) - The Bank of Canada is more hopeful than before for the recovery of the country's exports but if exports do worse than expected, overall inflation will fall again and drift further from the target, Governor Stephen Poloz said on Thursday.
Poloz Says Canada Interest Rates to Remain Low After Recovery  Businessweek
Canada's raging bull: Export agency sees global economic surge  The Globe and Mail
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CIBC CEO Gerry McCaughey to retire in 2 years
Gerry McCaughey plans to retire as CEO of Canadian Imperial Bank of Commerce in April 2016. McCaughey's retirement plan was announced shortly before the beginning of CIBC's annual meeting, which is being held this year in Montreal.
UPDATE 1-CIBC says CEO McCaughey to retire in 2016, no successor named  Reuters
CIBC says CEO McCaughey to retire in 2016, no successor named  Reuters Canada
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After 132 years of selling stationery, Grand & Toy shuts down stores
A 132-year-old Toronto institution is closing its last retail stores. OfficeMax Grand & Toy announced Thursday all of its remaining 19 retail stores will shut down.
Grand & Toy office supply store to close its remaining 19 locations in ...  Canada.com
OfficeMax Grand & Toy to close retail stores as business customers shift ...  Canada NewsWire (press release)
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Earnings news supports TSX, traders cautious amid worsening Ukraine crisis
A man walks past a building in Toronto that used to house the Toronto Stock Exchange on August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim.
CANADA STOCKS-TSX ekes out gain as Potash, banks rise; gold miners slip  Reuters
Markets make minor gains amid positive earnings, Ukraine jitters  CTV News
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Saskatchewan small business owners 'most optimistic' in Canada
REGINA - Small business owners in Saskatchewan are now the most optimistic in Canada, according to the Canadian Federation of Independent Business (CFIB) monthly 'business barometer' survey released Thursday.
Saskatchewan small business optimism highest in country  650 CKOM News Talk Radio
Small business optimism in Manitoba lags: CFIB  Portage Daily Graphic
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Signs, signs everywhere there's signs
Initially the city will offer up 100 signs for sale, with the opening bids set for 30 dollars. Bidding increments will be 5 dollars after that.
Toronto's old street signs on sale to public starting Monday  680 News
Hundreds of old TO street signs to be auctioned off  CP24 Toronto's Breaking News
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