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Canadian markets news

Paying off bills hurting Canadians' ability to save: study
MONTREAL -- Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
One-third of Canadian households living paycheque to paycheque  Globe and Mail
Paying bills and consumer consumption hurting Canadians' ability to save ...  GlobalPost
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TSX opens higher in broad gains, led by gold miners
TORONTO (Reuters) - Canada's main stock index opened sharply higher on Wednesday, led by Barrick Gold Corp (ABX.TO: Quote) and Goldcorp (G.
Canadian Stocks Rise for Third Day as Commodity Producers Rally  Bloomberg
Why Canada's bank stocks went soft  Globe and Mail
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UPDATE 1-Sears Canada posts loss as demand dips for home products
Wed May 22, 2013 8:36am EDT. * First-quarter loss C$0.31/shr vs profit C$0.91/share last yr. * Revenue falls 6.6 pct, same-store sales dip 2.6 pct.
Sears Canada posts $31.2M loss in first quarter  CTV News
Sears Canada reports earnings loss, falling sales in first quarter  National Post
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Jasper business owner in running for top young entrepreneur
CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.
BDC Young Entrepreneur Award 2013 finalists vie for $125000 in prizes  Financial Post
Canadians cast votes to choose 2013 BDC Young Entrepreneur Award winner  Wall Street Journal (press release)
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Rogers' Zoocasa real-estate brokerage reduces agents' commissions
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Rogers launches enhanced realty search site  Toronto Star
Look out realtors, Rogers Communications is after your business  Financial Post (blog)
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Retail sales flat, despite lower prices
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower prices for gasoline. Statistics Canada said in volume terms, retail sales were up 0.7 per cent.
'Relentless' pressure from cross-border shopping holds Canadian ...  Globe and Mail
Canada retail sales unchanged in March, gas prices a drag  Reuters Canada
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Mortgage group says Canadian housing starts will plunge 25-30% by 2015
TORONTO -- The Canadian Association of Mortgage Professionals is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015.
Mortgage lobby group says Canadian housing starts will plunge 25% by 2015  Stockhouse
Canadian Association of Accredited Mortgage Professionals (CAAMP) releases ...  Wall Street Journal (press release)
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Target Corp. profit plunges 26 per cent in first quarter
NEW YORK, N.Y.�Target Corp. reported a 26 per cent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
UPDATE 2-Target cuts full-year forecast after weak first quarter  Reuters
US consumer's tight budget taking its toll on Target sales  Financial Times
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5.22.13: Housing slowdown? Canadians don't seem to think so
And that 48% is mostly unchanged from late 2012, suggesting that Canadians remain confident in their housing market. The BMO poll found that Vancouver and Atlantic Canada are particularly bullish, with both showing an increase in buying intentions, while ...
Slowdown? Nearly half of Canadian home owners eager to buy property  Globe and Mail
Homebuying intentions remain relatively strong, says bank survey  Winnipeg Free Press
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Canadian dollar weakens to 10-week low on soft retail sales, eyes on Fed
By Alastair Sharp. TORONTO (Reuters) - The Canadian dollar took a hit from unexpectedly soft domestic retail sales data, sliding to a 10-week low against the U.S.
Canadian Dollar Extends Drop After Retail Sales Stall in March  Businessweek
The loonie's flight is about to lose altitude  Globe and Mail
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