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Canadian markets news

Greek stocks plunge after five-week closure
Greece's main stock index plunged over 22 per cent as it reopened Monday after a five-week closure, giving investors their first opportunity since late June to react to the country's latest economic crisis.
Greek stock market tumbles after five-week shutdown  The Globe and Mail
Greek Shares Tumble as Market Reopens  Wall Street Journal
Reuters  
TSX rally pushes on with aid of banks, miners
TORONTO (Reuters) - Canada's main stock index notched its fourth straight day of gains on Friday, with the heavily weighted financials and materials sectors leading the way as investors sought value after a bleak couple of months.
TSX moves up despite sliding oil price  Toronto Star
The close: TSX ends up on gains for banks, miners  The Globe and Mail
Fast ramp-up at Kearl expansion spurs Imperial production beat
Imperial Oil reported better reliability at its initial Kearl oilsands facility at left and a faster than expected ramp up at the expansion project under construction at right in this file picture.
Imperial Oil Profit Drops 90% on Tax Charge, Low Crude Prices  Wall Street Journal
Imperial Oil's profit plunges 90 pct  Xbox360Asylum.ca
Heat, drought cook fish alive in Pacific Northwest
Freakishly hot, dry weather in the Pacific Northwest is killing millions of fish in the overheated waters of the region's rivers and streams.
Coldwater River hit with irrigation restrictions to save fish during extreme ...  Vancouver Sun
River closures expanded  Castanet.net
Drones force wildfire crews to halt air operations near Kelowna
WEST KELOWNA, B.C. - Crews have been forced to halt air operations on a wildfire burning near West Kelowna, B.C., due to multiple drones flying overhead.
Glenrosa fire all but out  Castanet.net
BC fires: West Kelowna firefighters' efforts interfered with by drones  CBC.ca
Ottawa closes book on Canadian Wheat Board
EDMONTON - The federal government has closed the book on the agency that once marketed almost all the grain produced by western Canadian farmers.
Investor group takes over grain handler CWB, renames it G3 Canada  Business Recorder (press release) (blog)
Ottawa closes sale of Canadian Wheat Board, name changes to G3 Canada Ltd  Calgary Herald
RioCan in talks to recoup millions in lost rent from Target Canada
The largest landlord of insolvent Target Canada is in talks with its U.S. parent to try to collect what could be hundreds of millions of dollars of lost rent and other store costs as a result of the retailer's abrupt closing.
RioCan Real Estate mulling sale of US portfolio  CBC.ca
Canada's RioCan says to explore sale of US portfolio  Reuters
Quebecor looks for teammates in NHL bid
Quebecor Inc. says it's recruiting partners for its bid to bring the Nordiques back to Quebec City. The media and telecom company said Thursday it has opened talks with some sponsors and signed contracts but has yet to secure another investor willing ...
Return of the Nordiques: Quebecor Looking for Partners  Life in Quebec
Report: Quebecor Looking For Investors in NHL Franchise  Today's Slapshot
MV Farley Mowat raised off bottom of NS harbour
SHELBURNE, N.S. -- A sunken ship has been raised off the bottom of Shelburne Harbour where it has been leaking oil since June. Crews successfully lifted the MV Farley Mowat out of the water early Sunday morning following weeks of preparation.
MV Farley Mowat raised in Shelburne Harbour  CBC.ca
MV Farley Mowat raised off bottom of Shelburne Harbour  TheChronicleHerald.ca
Canada's Economy Unexpectedly Shrinks 0.2% In May, Fueling Recession Concerns
The Canadian economy shocked markets, as the data showed a fifth negative GDP reading in a row. Statistics Canada reported that the economic output shrank 0.2% in May, after contracting 0.1% in the preceding month.
Reality Check: Is Canada's projected growth really the best in the G7?  Globalnews.ca
Statistics Canada to release GDP figures for May amid growing recession talk  Dispatch Times