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Canadian markets news

Expect Air Canada to follow WestJet's lead charging for first checked bag
MONTREAL - Et tu, WestJet? Calgary-based WestJet Airlines Ltd., known for its low fares and folksy ways, on Monday became the first Canadian national carrier to announce it was charging customers for the first checked bag.
Simons: Too much corporate baggage: WestJet joins airline industry in race ...  Edmonton Journal
WestJet takes heat for baggage move  Calgary Herald
News1130   Related articles »  
Home sales forecast boosted
OTTAWA - The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months following a slow start to the year.
Listings up, sales down in Winnipeg home real estate market  Globalnews.ca
Canadian home sales surge in August  Toronto Sun
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The Alibaba Seven Soar as Chinese Traders Gain From IPO
Employees work at Alibaba.com Ltd.'s headquarters in Hangzhou, Zhejiang Province, China. Photographer: Nelson Ching/Bloomberg.
Alibaba Boosts Possible IPO to $21.8 Billion Amid Demand  Bloomberg
Six things to know about Alibaba's IPO price boost  Macleans.ca
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Nesbitt exits CIBC, but status quo remains
Canadian Imperial Bank of Commerce's new chief executive has unveiled an executive team focused on continuity, despite one notable departure.
Tom Woods reflects on 37-year career at CIBC/Wood Gundy ahead of retirement  Financial Post
UPDATE 1-CIBC shakes up management ranks as its new CEO takes charge  Reuters
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The close: TSX weighed down by weak Chinese data
The Toronto stock market closed lower Monday as mining stocks fell alongside metal prices in the wake of weak industrial data from China.
Commodity slip, China concerns weigh on TSX  Reuters Canada
TSX lower: weak Chinese industrial data pressures metal prices  Cape Breton Post
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Markets Live: Calm before storm
9:25am: The OECD slashed its growth forecasts for major developed economies on Monday, urging much more aggressive ECB stimulus to ward off the risk of deflation in a subdued euro zone.
UK economy is pulling away, says OECD  The Times (subscription)
OECD warns of the risk of misreading risk  The Globe and Mail (subscription)
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Almost half of China's rich want to leave the country, Barclays says
A report out from venerable British bank Barclays released Monday said almost half of its rich clientele plan on leaving the country in the next five years, more than millionaires from any other country.
Almost Half of China's Rich Want to Emigrate  Businessweek
High-net-worth individuals 'eyeing better opportunities outside S' ...  TODAYonline
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UPDATE 1-Vimpelcom to sell Wind Mobile stake to Canadian minority owner ...
(Adds detail, additional sourcing). By Alastair Sharp and Euan Rocha. TORONTO, Sept 15 (Reuters) - Vimpelcom Ltd has agreed to sell its majority stake in Canadian wireless carrier Wind Mobile to its current minority owner Globalive for around C$300 ...
Vimpelcom to sell Wind Mobile stake to Canadian minority owner: sources  Reuters Canada
Globalive, Investors Said to Reach Deal for Wind Mobile  Bloomberg
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Metro Vancouver enters garburator food waste debate
In the major local revolution over how best to get rid of different kinds of garbage, one small piece has flown under the radar: garburators.
Opinion: Let business drive zero-waste solutions  Vancouver Sun
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Saskatchewan expands photo speed enforcement
The Saskatchewan government has expanded its photo speed enforcement pilot project to include Highway 1 East between Pilot Butte and White City, and Highway 12 at Martensville.
New locations added to Sask. photo-radar pilot project  News Talk 980 CJME
New Locations Added To Saskatchewan Photo Radar Pilot Project  620 CKRM.com
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