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Canadian markets news

Valeant deal sparks share jump, helps TSX ends week higher
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.
Toronto Stocks Close Higher; Manitoba Telecom, Valeant Rise  Wall Street Journal
TSX stocks dragged down by falling gold stocks  CTV News
Reuters   Related articles »  
RBC announces tough rules
Responding to a public backlash over its outsourcing practices, Royal Bank of Canada has released a new code of conduct that favours hiring Canadian workers and limits what jobs it outsources to other countries.
Royal Bank unveils supplier code of conduct after outsourcing backlash  Toronto Star
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
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Loblaw files prospectus for Choice Properties REIT
Loblaw Cos. Ltd. filed a preliminary prospectus Friday aimed at creating one of Canada's largest commercial real estate trusts including some 75 per cent of the company's real estate assets.
Loblaw Said to Seek $387 Million for Canadian Property IPO  Bloomberg
Loblaw files preliminary prospectus for $7-billion REIT  National Post
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Manitoba Tel agrees to sell Allstream to Egyptian billionaire
Egyptian billionaire Naguib Sawiris's deal to buy Allstream, sealed after a two-year pursuit, is likely the first step in a larger plan to create a new telecommunications competitor.
Egyptian tycoon to buy MTS fiber network in new Canada push  Reuters Canada
Manitoba Telecom deal to sell Allstream shifts industry landscape once again  Financial Post
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Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan
EDMONTON - Kinder Morgan Canada has taken the next step in its plan to almost triple the capacity of its Trans Mountain oil pipeline from Alberta to Burnaby, B.C.. The corporation has filed a formal description of the proposed $5.4 billion, 1,150 ...
Kinder Morgan mum on route of Trans Mountain pipeline expansion  Globe and Mail
Kinder Morgan to file Trans Mountain expansion plan with Canadian energy ...  Vancouver Sun
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US meat packaging regulations un-'COOL,' Manitoba government says
A trade war may be brewing between the Canadian and U.S. governments over meat packaging regulations. The Manitoba government issued a press release saying it supports the possible use of retaliatory measures by the federal government in response ...
Canada threatens retaliation over US meat-labelling rules  CBC.ca
UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling  Reuters
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Canada ranks 3rd last in paid vacations
Canada ranks third last among economically advanced countries in the amount of paid vacation time it guarantees its workers, a new U.S.
Study ranks Canada third-worst among affluent nations for paid vacation  Toronto Star
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
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Man at centre of SNC-Lavalin fraud allegations was key hire by company
MONTREAL - When SNC-Lavalin Group Inc. chief executive Jacques Lamarre met a hot-shot engineer named Sami Bebawi for dinner in mid-1998, he was looking for someone who could help turn around the company's money-losing construction unit after ...
SNC-Lavalin letter says Gadhafi son was offered VP post  CBC.ca
Some of SNC's missing millions found in Montreal real estate, RCMP alleges  Globe and Mail
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Hulu Said to Get Bid From KKR, Silver Lake
KKR & Co. (KKR) and Silver Lake Management LLC are vying with Yahoo! Inc. (YHOO) to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.
Hulu Suitors Line Up  Wall Street Journal
Report: Yahoo, Pay-TV Operators Among Hulu Bidders  ABC News
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Avoid the Champlain (again) this weekend
Update: Repairs to the Champlain Bridge scheduled to take place this weekend have been postponed due to the rainy weather. Repairs will take place the weekend of June 29-30.
Construction planned for Highway 15  CTV News
More Champlain Bridge work this weekend  CJAD
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