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Canadian markets news

TSX jumps more than 1 percent on Fed comments
TORONTO (Reuters) - Canada's main stock index rose more than 1 percent on Wednesday, led by gains across all major sectors, as investors cheered comments from U.S.
Toronto Stocks Extend Gains with Mining Shares Leading the Way  Wall Street Journal
CANADA STOCKS-TSX rallies to 2-mth high on Fed comments, led by miners  Reuters
Bloomberg   Related articles »  
Retail sales flat in March � but that's not necessarily a bad thing
If you said (a) when it's not really zero growth at all and (b) when it's accompanied by a drop in fuel prices, then you're finding all the right answers in Canada's March retail sales report.
UPDATE 2-Canada retail sales flat but higher volumes spur optimism  Reuters
Retail sales flat, despite lower prices  CBC.ca
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Ski-Doo maker BRP prices IPO at $21.50 a share
MONTREAL - The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $21.50 per share - giving the company a market value of about $2.5 billion.
BRP raises $262.3-million in largest Canadian IPO this year  National Post
Ski-Doo Maker BRP Raises $254 Million in Biggest 2013 Canada IPO  Bloomberg
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Bernanke's Q&A testimony to congressional panel
WASHINGTON | Wed May 22, 2013 12:09pm EDT. WASHINGTON (Reuters) - Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S.
Canadian Bonds Down as Bernanke Calms Fears of Stimulus Pullback  Wall Street Journal
Dollar Advances as Bernanke Says Fed May Taper Soon  Bloomberg
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Jasper business owner in running for top young entrepreneur
CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.
Joint Venture: BDC Young Entrepreneur Award 2013 finalists vie for $125000 ...  Financial Post
Canadians cast votes to choose 2013 BDC Young Entrepreneur Award winner  Wall Street Journal (press release)
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Sears Canada posts loss as demand dips for home products
(Reuters) - Department store chain Sears Canada Inc (SCC.TO: Quote) posted a loss in the first quarter compared with a profit last year, as demand for its home products and major appliances fell.
Sears Canada reports earnings loss, falling sales in first quarter  National Post
Sears Canada posts loss, sales fall  Globe and Mail
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City wants residents to keep off Glenmore Reservoir
After looking at the forecast over the next couple days, city officials are warning residents to keep off the Glenmore Reservoir. This is to allow the water level to be dropped to accommodate the heavy rainfall, creating a heavy water flow from the Elbow River.
Recreational use temporarily banned on Calgary's Glenmore Reservoir  MetroNews Canada
Glenmore Reservoir closed until further notice  globalnews.ca
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Target Earnings: Outlook Cut Follows Weak Sales
Cooler weather kept customers from buying spring merchandise at Target Corp., leading to a 29% drop in fiscal first-quarter earnings.
Target's Canadian stores open big as retailer posts lower earnings  National Post
UPDATE 3-Target cuts full-year forecast after weak first quarter  Reuters
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5.22.13: Housing slowdown? Canadians don't seem to think so
And that 48% is mostly unchanged from late 2012, suggesting that Canadians remain confident in their housing market. The BMO poll found that Vancouver and Atlantic Canada are particularly bullish, with both showing an increase in buying intentions, while ...
Slowdown? Nearly half of Canadian home owners eager to buy property  Globe and Mail
Homebuying intentions remain relatively strong, says bank survey  Winnipeg Free Press
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B.C. mining company justified in bringing in Chinese workers, Federal Court rules
A spokeswoman for Human Resources Minister Diane Finley welcomed a ruling from the Federal Court that says the government was justified in issuing positive labour market opinions that allowed a British Columbia mining company to hire 201 temporary ...
Temporary foreign worker case dismissed, but union feels vindicated  Globe and Mail
BC mine's temporary foreign workers case dismissed  CBC.ca
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