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Canadian markets news

Cost-cutting strategy a boost for Tim Hortons, improves operations
In their bid for better profits, Tim Hortons Inc. and its new Brazilian private-equity owner are counting on an obscure cost-cutting process called zero-based budgeting that is appreciated by investors - but often dreaded by employees.
Burger King and Tim Hortons Post Best Sales Figures in Years  New York Times
Tim Hortons sees boost in same-store sales  Waterloo Record
Reuters  
NEB launches public review into pipeline emergency response plans
Emergency response plans submitted by companies proposing to build pipelines in Canada are to be the subject of a public consultation overseen by the National Energy Board (NEB).
Pipeline regulator wants public input on spills  Globalnews.ca
Pipeline regulator wants public's feedback on emergency management  CKNW News Talk 980
CANADA STOCKS-TSX drops as energy rally falters, miners buck the trend
(Adds strategist's comment, updates prices to close). * TSX drops 64.25 points, or 0.42 percent, to 15,344.08. * Eight of the 10 main index sectors finish in the red.
TSX drops as energy rally falters, miners buck the trend  Reuters Canada
Toronto stock market closes sharply lower; dollar climbs  Times Colonist
UPDATE 1-Barrick to sell stake in Zaldivar copper mine, earnings fall
(Adds details on planned asset sales, financial, operating data). April 27 (Reuters) - Barrick Gold Corp reported weaker-than-expected first-quarter earnings on Monday on the back of a lower gold price and sales and announced that it has started a process to ...
Barrick Earnings Disappoint With Output Lower Than Expected  Bloomberg
Barrick Gold Q1 results miss estimates, to sell stake in Zaldivar copper ...  Seeking Alpha
UPDATE 3-Canada's TORC Oil & Gas to buy Surge Energy assets for C$430 mln
(Confirms Surge sold the assets to TORC, updates share prices). By Nia Williams. April 27 (Reuters) - Canadian intermediate producer TORC Oil & Gas Ltd is buying light oil assets from Surge Energy Inc in the Canadian Bakken region of southeast ...
Surge sells oil assets for $430M to pay debt, fund exploration  Calgary Herald
Canadian Oil Co. Pays $353M For Properties In 2 Provinces  Law360 (subscription)
Canadian private equity and venture capital deals surge in first-quarter
A worker affixes a road sign to the intersection of Bay Street and Adelaide Street in the financial sector of Toronto July 14, 2014.
VC investment in Canadian companies: Q1 2015 best quarter in 8 years  Vancouver Sun (blog)
Vancouver looks to gather data on vacant homes
Vancouver plans to create a database of empty houses and condos to determine how much vacant properties contribute to the city's affordability crisis.
Vancouver considers online registry to keep track of empty homes  The Globe and Mail
Why are million-dollar Vancouver homes sitting empty?  BCBusiness
Don Cayo: Ottawa's bureaucracy really has gone nuts with its tax-rule writing
If you're scrambling - or if you've finished scrambling, or even if you're still just thinking about starting to scramble - to get your income tax filed by the Thursday deadline, here's something you may want to know.
Income tax regs balloon  Toronto Sun
Complex income tax system costing Canadians: study  CBC.ca
Work to begin in 2016 on Finch West LRT, but Toronto's mayor vows new line ...
Construction of the long-awaited Finch West light rail transit line will begin in 2016, but would-be riders will have to wait until it is completed before the similarly stalled Sheppard LRT gets under way, the Ontario minister of transportation said Monday.
A tale of two LRTs: Ontario recommits to Finch West, admits Sheppard East on ...  The Globe and Mail
Sheppard East LRT slips farther into the future  Newstalk 1010
NDP campaigns to stop $4B Hydro One sale
Ontario's New Democrats have set up a website as part of their campaign to galvanize opposition to the planned sale of 60 per cent of Hydro One.
Christine Elliott may be too progressive for PCs: Cohn  Toronto Star
NDP launch site to fight Hydro One sale  Toronto Sun