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Canadian markets news

Bank of Canada holds rates, sees exports lifting growth
OTTAWA (Reuters) - The Bank of Canada held its key interest rate at 0.75 percent on Wednesday, largely shrugging off a weak U.S. economy in the first quarter, and said solid U.S.
Bank of Canada holds steady on overnight rate as risks “not materially ...  Business in Vancouver
Loonie Falls After Bank of Canada Holds Rates on Enough Stimulus  Bloomberg
Wall Street Journal  
BMO, National Bank of Canada profits beat expectations
TORONTO - Canadian lenders Bank of Montreal and National Bank of Canada reported higher-than-expected quarterly profits and raised their dividends following growth in their wealth management and personal and commercial banking units.
Canada Stocks Rise as Air Canada, Banks Gain Amid Rates Decision  Bloomberg
National Bank raises dividend after 12% hike in profit
Air Canada opting out of pension deal could add $5 to share price: CIBC
Patrick T. Fallon/BloombergAir Canada is opting out of its pension funding agreement with the federal government, and that could be good news for its share price.
Air Canada emerges from federal pension deal
Air Canada opts out of special solvency rules; cites $1.2B pension surplus  Canadian Labour Reporter
Alberta wildfires spread further into oilsands area, cutting 10% of production
Alberta Wildfires A fire at Cold Lake Air Weapons Range that started Saturday expanded to cover 17,500 hectares (43,000 acres) as fire crews worked to prevent the blaze from reaching the Foster Creek area.
Alberta Fires Spreading Into Oil Sands Area Cut Output  Bloomberg
Hundreds more oilsands staff evacuated on Alberta wildfire threat  Toronto Sun
Controversial seismic testing off Baffin Island cancelled for summer
A remote Arctic hamlet is declaring victory after an energy company cancelled this summer's plans for offshore seismic testing.
A remote Arctic hamlet is declaring victory after an energy company ...
Grilling gurus debate pros and cons of charcoal and gas barbecues
As food goes, it's hard to imagine anything more American - and that more perfectly captures summer - than a great grilled hamburger... Recipe for grilled pork chops and asparagus with lemon-truffle vinaigrette · Lemon-Truffle Vinaigrette is divine on pork, ...
Side Orders: Grilling tech for summer  Chattanooga Times Free Press
Ontario unveils new legislation to protect condo owners
Ontario's government introduced new consumer protecting legislation giving the provinces 1.3 million condo owners new rights to battle boards and unscrupulous property managers.
Condo disputes in Ontario will be less costly to resolve under a new ...  Financial Post
Reforming Ontario's Condominium Laws  Government of Ontario News
Simon Fraser University embraces Bitcoin, accepts virtual currency for textbooks
A British Columbia university has started accepting the digital currency Bitcoin at all of its bookstores, allowing customers to open their mobile wallets in what's believed to be a first for post-secondary institutions in Canada.
BC university embraces Bitcoin, accepts virtual currency for textbooks  Edmonton Journal
Digital currency on campus: buy Bitcoin and books at SFU  Simon Fraser University News
Air Canada Rouge to remove middle seat for premium class
Air Canada Rouge plans to create a premium class on flights by removing the middle seat on either side of the aisle, widening the remaining seats and increasing the amount of carry-on space.
Air Canada Rouge to remove middle seat in business class
Air Canada rouge to launch Business Class seats on A319  Travel About
Bombardier's Bellemare hires expert in manufacturing efficiency
Bombardier Inc. chief executive officer Alain Bellemare is bringing in an expert in manufacturing efficiency to help him revamp the Montreal-based company's operations as it struggles with some aerospace programs that analysts say are barely breaking even.
Bombardier Inc creates new cost-cutting role as it works to overcome ...  Financial Post
Bombardier Appoints New Vice President, Operations Strategy  MarketWatch