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Canadian markets news

Data shows Indian growth outstrips China's but economists doubtful
NEW DELHI India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.
Arun Jaitley: India has potential to achieve double digit growth  Financial Express
Govt spurring India's potential for double digit growth: Jaitley  Hindustan Times
Business Standard  
Yedlin: CNRL decision illustrates uncertainty facing energy sector
Canadian Natural Resources Ltd. chairman Murray Edwards says the decision to cancel its investor day was not meant as a message to Alberta's new NDP government.
Energy firms hate uncertainty  660 News
Alberta oil industry wary of NDP government  CBC.ca
Slumping oil prices have yet to slow down Alberta housing market
Alberta's housing market is not yet feeling the full weight of low oil prices as the number of newly insured mortgages rose in the province during the first quarter of the year, Canada's federal housing agency reported.
City housing market fears laid to rest  Calgary Sun
CMHC: Is condo living right for you?  Toronto Sun
Scotiabank turns ship around
Shares in Bank of Nova Scotia climbed on Thursday after the bank reported higher-than-expected second-quarter earnings that showed signs of improved credit quality.
Bank of Nova Scotia delivers relief for investors as profit beats, loan book ...  Financial Post
Scotiabank CEO Draws Line in the Sand on Acquisitions  Bloomberg
Canada Stocks Extend Monthly Loss as GDP Shrinks Most Since 2009
Canadian stocks fell, extending a monthly loss, as data showed the biggest contraction in the nation's economy since 2009. Health-care stocks fell amid a 1.3 percent slide for Valeant Pharmaceuticals International Inc. Canadian Pacific Railway Ltd.
Profit beats for Canada's banks mask challenges ahead  Financial Post
Strong bank earnings hold hope for stable economy  The Globe and Mail (subscription)
Alberta wildfires eased by cooling weather: Province
EDMONTON -- Dozens of wildfires continue to rage across Alberta, but firefighters are gaining ground thanks to cooler temperatures, the province says.
Crews battling Alberta wildfires 'not out of the woods yet'  Edmonton Sun
Province-wide fire ban lifted  CTV News
Even with chlorine, Chilliwack tap water voted best tasting in B.C.
CHILLIWACK, B.C. - Despite the controversial addition of chlorine just two years ago, Chilliwack's drinking water was named best in B.C.
Nelson loses out to Chillwack at 'Best of the Best' Tap Water Taste ...  The Nelson Daily
Alberta Fires Threaten Oil Sands Road to Fort McMurray
An Alberta wildfire threatened a major road that connects Fort McMurray, the oil sands region's biggest city, to the rest of the province after winds shifted direction, an official said.
Canada's corporate tax pendulum swings back with NDP win in Alberta  The Globe and Mail (subscription)
Worst over for oilpatch?  Castanet.net
Mayors call for lower bridge toll during Pattullo closures
Two Metro Vancouver mayors are calling on the provincial government to lower tolls on the Port Mann Bridge when disruptive repairs get underway on the aging Pattullo Bridge.
Mayors call for bridge break  Castanet.net
Pattullo Bridge closures should mean reduced tolls on Port Mann: mayors  CBC.ca
Buffalo Pound Lake to be 'flushed'
The provincial government has agreed to step in to help Buffalo Pound Lake by "flushing" the body of water in hopes that will alleviate Regina's water woes.
City of Regina continues to urge water conservation  CBC.ca
Buffalo Pound Lake being flushed to help with water issue  650 CKOM News Talk Radio