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Canadian markets news

Canada GDP contracts for first time in eight months in August
(Reuters) - Canada's economy unexpectedly contracted for the first time in eight months in August, shrinking by 0.1 percent from July, as a drop in goods production offset higher service output, Statistics Canada data indicated on Friday.
UPDATE 1-Canada GDP in August registers first fall since December  Reuters
Canada's economy shrinks in August  The Globe and Mail
Businessweek   Related articles »  
Japan's 'critical moment': Stimulus jolt reflects troubled global times
The Bank of Japan shocked global markets today by boosting its stimulus measures in what it called �a critical moment� in its desperate battle to drive up inflation.
Yen slides to seven-year low after surprise BOJ policy easing  Reuters
Tokyo Markets Soar on Stimulus, Japan Pension Fund Moves  Wall Street Journal
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Air Canada service agents call carry-on crackdown too unpleasant
It's been a month since Air Canada launched its carry-on crackdown where customer service agents stop and confront travellers at check-in to ensure their cabin bags meet size limits.
Canadians call checked luggage fees 'unacceptable:' Poll  Toronto Sun
Canadians see airline fees as 'money grab,' poll finds  Toronto Star
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Canada's Bombardier Mothballs Plans for Russia Plane-Building Venture
D.Grishkin / VedomostiCanada's Bombardier had been in talks with Russia's state-owned industrial and defense conglomerate Rostec to manufacture its Q400 turboprop in Russia.
Bombardier suspends plan for Russia venture  Business Recorder
Bombardier Shelves Plans for Russian Assembly Line  Wall Street Journal
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TransCanada files application for the Energy East Pipeline Project
TransCanada President and Chief Executive Officer Russ Girling addresses the media after the Annual General Meeting in Calgary, Alberta, May 2, 2014.
Energy East pipeline starts its long uphill climb  The Globe and Mail (subscription)
TransCanada plans new natural gas pipeline for Ontario, Quebec  Toronto Sun
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Ewart: Pipeline battle like trench warfare
A camp setup by protesters is marked with a sign and tree branches at the entrance to a trail on Burnaby Mountain where work is being done by Kinder Morgan in preparation for the Trans Mountain Pipeline expansion project in Burnaby.
Kinder Morgan to file court action against BC protesters blocking pipeline work  The Globe and Mail
Kinder Morgan takes Burnaby protesters to court  Vancouver Sun
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Banks and credit card companies agree to cut transaction fees for businesses
OTTAWA - Canada's major banks and credit card companies have reached a deal with the federal government to cut the fees charged to merchants for credit transactions, sources familiar with the negotiations say.
EU Bid to Limit Card Fees Poised to Win Nations' Backing  Bloomberg
Banks, credit card firms reach deal with Ottawa over fees: sources  The Globe and Mail
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UPDATE 1-Exxon 3rd-quarter profit rises 3 percent on refining; shares gain
(Adds estimate, share price). Oct 31 (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, on Friday reported a better-than-expected 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses.
Exxon shares up 2% s profit, revenue beats  MarketWatch
Exxon posts 3Q profit of $8.07 billion, result tops expectations  Winnipeg Free Press
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Oil price declines have small-cap shale investors scrambling
NEW YORK (Reuters) - Plummeting oil prices are pushing some of the small-cap companies which flourished as part of the U.S. shale energy boom close to their breaking point, while also prompting some well-known fund managers to aggressively buy ...
The U.S. Shale Boom May Be Shorter Than Predicted  The Fiscal Times
Energy Boom Can Withstand Steeper Oil-Price Drop  Wall Street Journal
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TSX sinks with falling gold prices; Wall Street rallies on earnings
TORONTO - The Toronto stock market closed lower as a sell-off in gold stocks accelerated. The S&P/TSX composite index declined 68.88 points to 14,458.69 as traders also considered a strong reading on U.S.
The Day On Bay: TSX Down As Gold Miners Get Creamed  Business in Canada
TSX lower amid falling gold prices, heavy slate of earnings, solid US growth  Cape Breton Post
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