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Canadian markets news

Ottawa posts small $114M surplus to start fiscal year
Ottawa posted a small surplus of $114 million in April and May combined, the Department of Finance said Friday. Ottawa's fiscal year begins on April 1st and runs until March 31, and over a 12 month period Ottawa's books will typically seesaw between ...
Ottawa runs $114M surplus over first 2 months of 2016-17  CTV News
Canada posts narrower budget surplus at start of fiscal year  Reuters Canada
Nasdaq  
TSX and loonie creep higher, oil near 4-month low
The Canadian dollar was at 76.79 cents US around midday Friday, up 0.71 of a cent from Thursday's close. On Friday, the S&P/TSX composite index was slightly positive, up a modest 10.44 points to 14,563.16.
Toronto stock index and loonie creep higher, oil near 4-month low  CTV News
Alberta fires torch economy, biggest monthly GDP decline in years
OTTAWA -- The Alberta wildfires torched the Canadian economy in May, driving the country into its worst one-month performance since the darkest days of the Great Recession seven years ago.
Canada's economy shrinks 0.6 per cent in worst month since 2009 recession  Financial Post
Economy sees biggest monthly drop since 2009 on Alberta wildfires  The Globe and Mail
At midday: TSX flat, on track for weekly loss
Canada's main stock index was flat on Friday as economic data and energy earnings highlighted the damage done by a massive wildfire that hit oil sands production starting in May, with the index headed for its first weekly decline since mid-June.
TSX, Wall Street fall, dragged down by energy and disappointing data  Financial Post
TSX slips in early trading, heads for first weekly decline since mid-June  bnn.ca
Requested rate increase of 1.6% - Hydro-Qu�bec honors its commitment with a ...
MONTR�AL, July 29, 2016 /CNW Telbec/ - Hydro-Qu�bec Distribution has filed with the R�gie de l'�nergie for a rate adjustment of 1.6%, effective April 1, 2017, for all residential customers and most business customers.
Hydro-Qu�bec wants to increase rates by 1.6%  CBC.ca
Hydro Quebec requests 1.6% energy rate increase  CJAD
Husky oil spill: Oil spills common in Saskatchewan, though usually small
A massive late July oil spill from a Husky Energy pipeline leaked oil into the North Saskatchewan River and contaminated the drinking water supply of an estimated 70,000 people.
Saskatchewan oil spill 'not as bad as people fear': expert  630ched.com
New water supply to Saskatchewan city to deal with Husky oil spill by weekend  CanadianBusiness.com
Oil giants look to invest despite losses and price collapse
Since oil prices began to nosedive two years ago, Cenovus Energy has been on its heels, desperately trying to cut costs. Management slashed capital spending, delayed projects and cut the workforce, among other measures.
Cenovus Energy considers resuming delayed oilsands projects after big cuts  Calgary Herald
Cenovus posts $267M loss, says cost reductions on track  bnn.ca
Mayor hopes app will eliminate long ferry tickets lineups
If you're thinking of getting away from the city this long weekend, there may be an easier way to get to the Island. Starting tomorrow, you can buy ferry tickets for the Jack Layton Ferry Terminal through a smartphone app, pay with a credit or debit ...
Toronto to test mobile ticketing app for island ferry  Toronto Star
Toronto Island ferry tickets now available on your phone  CTV News
Suspected propane leak shuts down Saskatoon Co-op station at Preston Crossing
Fire crews shut down the Saskatoon Co-op station at Preston Crossing for two hours Thursday as they assessed a propane leak. The action started just before 7 p.m.
Propane leak at Saskatoon Co-op gas bar forces evacuation  Globalnews.ca
Propane Leak at Co-op  Saskatoonhomepage.ca
5 questions you have about the housing market
Markets are frothy. Emotions are high. Yet, all you really want is to know whether or not the single largest investment you made will avoid a price crash and continue to add substantial value to your net worth statement.
3 Reasons Why Canada's Housing Meltdown Won't Happen Anytime Soon  The Motley Fool Canada
Regina, Saskatoon housing markets still suffering from "overvaluation ...  Regina Leader-Post