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Canadian markets news

Bank of Canada says low rates will 'mitigate' shock of battered oil prices
Patrick Doyle/BloombergThe bank is leaving its overnight rate - which guides lending levels between financial institutions - on hold at 0.75%, saying 'we judge that the current degree of monetary stimulus is still appropriate.
Bank of Canada holds firm on low rates, but gives little guidance for the ...  CBC.ca
Loonie closes almost half a cent higher in wake of rate decision  The Globe and Mail (subscription)
Bloomberg  
Canada's Encana plans share issue amid energy price slump
CALGARY, Alberta (Reuters) - Encana Corp (ECA.TO), Canada's largest natural gas producer, said on Wednesday it plans to raise up to C$1.44 billion ($1.16 billion) through a secondary share issue as the company looks to bolster a balance sheet ...
Encana Corp raising up to $1.25 billion in bought deal to cushion blow of ...  Financial Post
Encana Plans $1 Billion Stock Sale to Trim Debt  Bloomberg
Canadian Pacific wants to limit shipments of dangerous goods
Canadian Pacific Railway Ltd. wants the power to refuse to haul dangerous goods, a signal it has grown weary of the risks and regulations that accompany the business of hauling oil.
Training managers to operate trains will give CP Rail leverage in event of ...  Calgary Herald
Letter: Railways and government committed to rail-network safety  Montreal Gazette
Fewer Manitobans add to RRSPs: BMO
Fewer Manitoba/Saskatchewan residents contributed to their RRSPs this year, but the average amount contributed was higher, according to a new Bank of Montreal survey.
Fewer Canadians Contribute To RRSP  640 Toronto News
Fewer Canadians contributing to RRSPs, but average contribution rises: BMO ...  Financial Post
Business leaders meet in Calgary discuss oil prices
At the beginning of the year, the Conference Board of Canada predicted Alberta will go into recession. Members of the Board met in Calgary at the Palliser Hotel and Chief Economist, Greg Hodgson says that prediction may have been optimistic.
It's a boom-bust economy in Alberta and the Conference Board of Canada ...  CBC.ca
Bleak looking forecast from Conference Board of Canada on Alberta's future  660 News
Toronto's housing-price boom is a sign the city is thriving
Gnashing of teeth and rending of garments followed the news that the average price of a detached home in Toronto has jumped above $1-million for the first time.
Toronto housing prices nearly triple since 1970s  Toronto Star
Toronto detached home price now averages over $1M  CBC.ca
Proposal for Honest Ed site a deal we can't refuse: Hume
It's enough to make you think you've died and gone to� Toronto? A development proposal from the new owner of the Honest Ed site at Bloor and Bathurst won't please everyone, but not for lack of trying.
Development plan to replace Honest Ed's called a 'game-changer'  Globalnews.ca
Redevelopment of Honest Ed's in Toronto holds several surprises  The Globe and Mail
Hearing on TransCanada Corp pipeline project receives 1801 applications to ...
THE CANADIAN PRESS/Adrian WyldStanding on stage, Energy East Pipeline President Francois Poirier watches as protesters hold a banner in front of the podium during his speech to the Canadian Club of Canada during a luncheon in Ottawa, Monday, ...
New pipeline to cross Terrebonne, Laval and Montreal  The Suburban Newspaper
The Drilldown: NEB closes applications process in Energy East review  iPolitics.ca (subscription)
Support grows for bill to help Ontario wineries, brewers
BRANTFORD, Ont. - Vintners and craft beer makers across Ontario are calling MPPs from all sides to help push through a private member's bill to get their products more easily into stores.
Wanted: a level playing field  Orangeville Citizen
Awards recognize wine industry promoters  Bullet News Niagara
New auto parts plant coming to Alliston
The provincial government says it's putting just over a million dollars into a new auto parts plant in Alliston, northwest of Toronto.
Honda seeks OP, Zoning changes for next phase of growth  New Tecumseth Free Press
New auto plant bringing 40 jobs  The Barrie Examiner