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Canadian markets news

High house prices spreading to more markets, CMHC warns
Canada's federal housing agency has raised new alarms about Canada's housing market, warning that euphoria over real estate is spreading beyond detached homes in Toronto and Vancouver to townhouses and condos, and to other cities.
Vancouver, we have a problem: CMHC rings alarm bells about real estate market  CTV News
The Wednesday news briefing: An at-a-glance survey of some top stories  680 News
Globalnews.ca  
RBC nabs top spot in key customer survey, ends TD's 10-year run
Royal Bank of Canada has taken the top spot among the big banks in an influential annual survey of customer satisfaction, knocking off Toronto-Dominion Bank, which had held the honour for 10 consecutive years.
How Yes Bank is encashing on its revamped 'Mobile First' website  ETCIO.com
How Digital Investments Are Changing the Face of Banking  The Financial Brand
Double double in the Philippines? Tim Hortons plans Southeast Asia expansion
TORONTO People craving a jolt of caffeine in the Philippines may soon be able to order a double double at their local Tim Hortons.
Restaurant Brands International Inc. announces master franchise joint ...  Canada NewsWire (press release)
TransCanada profit falls on costs tied to Columbia Pipeline deal
TransCanada Corp, Canada's second-largest pipeline company, reported a slightly higher-than-expected quarterly profit, and said the process of seeking buyers for a sale of some assets in the United States and Mexico was underway.
TransCanada Quarterly Profit Falls on Lower Power Contributions  Bloomberg
Cenovus Records Deep Loss, Despite Operational Improvements
Cenovus Energy Inc. CVE -3.21 % on Thursday posted a hefty second-quarter loss and an 8% decline in cash flow as lower oil-sands operating costs and stronger production failed to offset a slump in oil and gas prices.
Cenovus has Strong Second-Quarter Operational Performance  Yahoo Finance
Canadian oil producer Cenovus posts quarterly loss  Reuters
Potash Corp slashes dividend again; cuts full-year outlook
Potash Corp. of Saskatchewan Inc. has slashed its dividend for the second time this year, a reflection of the glutted market for its key product.
Potash Corp cuts profit forecast and slashes dividend, but says market has ...  Financial Post
Subdued markets cause drop in Potash Corp. Q2 earnings  MetroNews Canada
Fort McMurray fire chief Darby Allen addresses 'coward' accusations
Fort McMurray fire chief Darby Allen calls recent criticism of his team's handling of the wildfires in May an unwelcome distraction from the rebuilding that needs to be done.
Intact Financial posts profit despite Fort McMurray fallout  The Globe and Mail
ATCO to seek rate increases to recoup losses from Fort Mac wildfires  Calgary Herald
Gas, other fuels all drop slightly in Newfoundland and Labrador
Newfoundlanders and Labradorians will get a very small break at the pumps this week, as gasoline and diesel are both down less than a cent.
Gas prices down slightly in latest PUB report  Western Star
Utility gas rates to increase starting August  CTV News
Frustration grows after Saskatchewan oil spill shuts down running water
Philip Gauthier sticks his head down a water well he has not used in about a dozen years. The hole is dark, but he can see water about six metres down.
Five things you should know before you start your work day on July 28  Financial Post
Spills happening at a rate of about 2 per day in Saskatchewan: researcher  CBC.ca
Torstar Corp slashes dividend for second time this year amid $24.3 million loss
TORONTO - Torstar Corp. reported a $24.3 million loss in the second quarter of 2016, down considerably from $53.5 million in the previous quarter, although still significantly more than the $1.1 million it lost in the second quarter of last year.
Torstar slashes dividend for second time this year as loss climbs  The Globe and Mail
Torstar books loss, partly due to non-cash charges  Toronto Star