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Canadian markets news

Home ownership slightly more affordable, RBC says
Even though real estate prices have been rising faster than inflation and are going through the roof in some parts of Canada, home ownership actually became more affordable in the third quarter, according to a quarterly survey by RBC Economics.
Home-buying: A 'stretch' in Toronto, no holding back in Vancouver  The Globe and Mail (subscription)
RBC Report Says Calgary Housing Boom Continues Despite Affordability Issues  Oye! Times
Financial Post   Related articles »  
Canada's housing market in for 'soft landing': IMF
Despite some signs of overvaluation, Canada's housing market is likely in for a "soft landing," the International Monetary Fund said Wednesday.
IMF says Canada may need to tighten mortgage rules further  Reuters
IMF can't stop worrying about Canada's so-called housing bubble  Financial Post
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Crude Oil Futures Decline Before Tomorrow's OPEC Meeting
Brent and West Texas Intermediate crudes fell before tomorrow's OPEC meeting where ministers will discuss how to respond to a supply glut behind a five-month slide in prices.
Oil see-saws near four-year low as OPEC seen holding fire  Reuters
Oil prices volatile ahead of crucial OPEC meeting  The Globe and Mail
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At the open: TSX moves lower as possible OPEC cut hits energy stocks
The Toronto stock market was lower Wednesday, pulled down in part by energy stocks as traders wonder if the OPEC cartel will commit to cutting production to put a floor under oil prices that have plunged since the summer.
TSX moves lower in early trading, energy stocks weigh as traders mull ...  Stockhouse
Higher open in cards in Toronto  Baystreet.ca
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Cowboy shortage and higher beef prices caused by Canada's oil boom
Canada's oil boom has helped push down gasoline prices, we all know that. What most people are unaware of is the cowboy shortage it has caused, which is partly why beef prices have risen across the country.
Canada's oil boom takes toll on cowboys, propels beef prices  Vancouver Sun
XL Foods recall lawsuit reaches tentative deal for refunding beef customers  CBC.ca
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Quebec-based Simons to open new stores in BC, Alberta and Ontario into 2017
TORONTO - After 175 years, Quebec-based Simons is primed to make a major expansion push beyond the province with stores in five new cities across Canada.
Quebec fashion retailer Simons has ambitious designs on the rest of Canada  The Globe and Mail
Quebec-based Simons' Gatineau, Ottawa openings part of national expansion  Ottawa Business Journal
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Yuan hub could save Canadian firms C$6.2 billion over decade, report says
TORONTO (Reuters) - A deal to set up Toronto as North America's first trading hub for China's yuan currency will save Canadian companies up to C$6.2 billion ($5.5 billion) over the next decade and boost trade and growth, Toronto-Dominion Bank (TD.
3 Reasons to Buy Toronto Dominion Bank Now and Hold it Forever  The Motley Fool Canada
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Reuters Poll: Expected timing for Bank of Canada rate hike pushed back
The Bank of Canada will likely defer an interest rate hike until late next year despite high household debt and above-target inflation, a Reuters poll showed on Wednesday.
Danger of runaway inflation means rates could rise sooner: Don Pittis  CBC.ca
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Alberta set to stay in black in 2014-15 despite lower oil prices
EDMONTON -- Alberta's budget will stay in the black this year despite plunging oil prices. Finance Minister Robin Campbell says in his second-quarter update that the forecast budget surplus for this fiscal year has been revised downward to $933 million.
Finance minister Robin Campbell gives fiscal update  CBC.ca
Canada's Alberta says budget in black despite lower oil prices  Reuters
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TransCanada, PR firm sever ties
TransCanada Corp. and global public relations firm Edelman have severed ties after efforts to build support for the company's Energy East pipeline were criticized as overly aggressive.
TransCanada, PR firm cut ties over Energy East campaign concerns  Financial Post
TransCanada Student Foe Stokes Campaign With Prize Gift  Bloomberg
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