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Canadian markets news

CPPIB to sell Texas-based air system firm for $1.6-billion
Canada Pension Plan's investment arm is selling its ownership stake in Air Distribution Technologies Inc. for about $1.6-billion (U.
CPP Investment board to sell air system company for US$1.6B  CTV News
UPDATE 1-Johnson Controls to buy Air Distribution Technologies for $1.6 bln  Reuters
Wall Street Journal   Related articles »  
Foreign investment up in February by $6.1 billion
OTTAWA -- Statistics Canada says foreign investment in Canadian securities grew by $6.1 billion in February and this was matched by Canadian purchases of $6 billion in foreign securities.
Foreign Investors Buy Canada Securities in February  Wall Street Journal
UPDATE 1-Foreigners return to Canadian securities in Feb  Reuters
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TSX set to rise as China's economy beats expectations
TORONTO -- The Toronto stock market was set to advance Wednesday amid signs that economic growth in China held up better than expected during the first quarter.
CANADA STOCKS-TSX may open higher as China data reassures investors  Reuters
China data may boost TSX open  Baystreet.ca
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Bank of Canada rate change not expected today
Analysts expect Bank of Canada governor Stephen Poloz will leave the central bank's trendsetting overnight interest rate at one per cent today.
Will the Bank of Canada try to 'talk down' the Canadian dollar this ...  The Globe and Mail
Poloz to Keep Canada Interest Rate Pause on 'Lowflation' Concern  Businessweek
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'Whoa, whoa, we've gotta go, back to court!' Molson Coors revives Canada court ...
Related topics: Manufacturers, Beer, Wine, Spirits, Cider, Molson Coors. Settlement discussions between Molson Coors and SAB Miller over the former's right to distribute SAB's brands in Canada have foundered and the beer giants are heading back to court.
Beer giants Molson and Miller head back to court  Toronto Star
Coors relocates as Woolies deal sought  The Shout
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Coal mine closures a 'devastating shock' to Tumbler Ridge: mayor
VANCOUVER - Walter Energy's decision to idle two mines and temporarily lay off 700 workers at its two northeastern British Columbia mines is �a devastating shock� for Tumbler Ridge, Mayor Darwen Wren said Tuesday.
U.S. owner closes 2 B.C. coal mines due to price slump  The Province
Walter Energy to idle Canadian coal mines  SteelOrbis (registration)
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Ed Martin: Muskrat Falls may cost more, take longer
Nalcor has released an independent report on the Muskrat Falls project that largely approves of the utility's management of the project.
Muskrat Falls project costs going up, power may be delayed: Nalcor Energy CEO  Financial Post
Muskrat Falls Overruns not Surprising: Opposition Parties  VOCM
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Toronto Hydro Tuesday blackout: no word yet on cause
There is no word yet about what may have caused Tuesday night's massive blackout that plunged much of Toronto's west end into darkness, leaving thousands without power just as the weather made a sharp drop into sub-zero temperatures.
Power restored in parts of Toronto after large outage  CTV News
Broad power outage ends in Toronto  Toronto Star
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Province seeks more regulation of tow truck industry
The government of Ontario wants more stringent regulation of the tow truck industry, introducing legislation Tuesday that would allow the province to better track operators.
Ontario moves to regulate towing, auto storage  Toronto Sun
Ontario to regulate dishonest tow truck operators  Sun News Network
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BC Kills Mandatory Environmental Review For Natural Gas, Ski Resort Projects
Major natural gas projects and ski resort developments now have the option of being built in B.C. without environmental assessment after the provincial Liberal government quietly deposited two Orders in Council Monday.
BC ski resorts and sweet natural gas plants exempted from environmental ...  Straight.com
B.C. secretly scraps environmental assessments for ski hills, natural gas plants  MetroNews Canada
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