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Canadian markets news

Tim Hortons pressured by another US hedge fund
Tim Hortons Inc. - already dealing with slumping sales that it blames on the slow economy and $1 drinks at competitors - faces new pressure from a second U.S.
Tim Hortons being circled by Wall Street hedge funds  CBC.ca
US hedge fund increases its Tim Hortons ownership stake to 5.5%  CTV News
Toronto Sun   Related articles »  
Verizon confirms it is weighing expansion into Canada
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
US wireless giant confirms interest in Canada  Toronto Star
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Gulf Markets Seen Cautious Ahead of Fed Outcome
Stock market investors in the Persian Gulf are likely to be cautious on Wednesday ahead of the outcome of the U.S. Federal Reserve's policy meeting.
REFILE-FOREX-Dollar edges down vs yen as Fed, Bernanke awaited  Reuters
Asia Markets mostly down as investors eye Fed  Businessweek
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Mountain Equipment Co-op retools its brand
VANCOUVER - No longer the �Gortex vortex� of outdoor retailing, Mountain Equipment Co-op has launched the first major rebranding since its founding to acknowledge that its customers are as likely to be engaging in yoga or paddle boarding as they are ...
Mountain Equipment Co-op changes its name to MEC  Toronto Star
Mountain Equipment Co-op rebrands to woo urban customers  Globe and Mail
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Restaurant cap forges ahead in Parkdale
A move to cap the number of restaurants and bars on Parkdale's popular Queen Street strip has cleared its first hurdle and is gaining attention as a model for controlling growth in other downtown neighbourhoods.
Efforts to cap number of new restaurants in Parkdale spread to other ...  National Post
New Parkdale bylaw would restrict bars, nightclubs  CBC.ca
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Moncton mayor 'optimistic' after council votes to purchase Highfield Square
Moncton City Council crossed a major hurdle Monday night in their pursuit of a new downtown arena. Council members voted to purchase the Highfield Square property at a cost of $6.3 million, by a count of eight to two.
Moncton downtown centre moves ahead  CBC.ca
Moncton city council votes yes to Highfield Square purchase  globalnews.ca
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CFIA shuts down Aliya's Foods over meat concerns
The Canadian Food Inspection Agency (CFIA) has suspended the licence for a popular Edmonton-based food company for non-compliance with meat inspection regulations.
CFIA suspends licence of Edmonton's Aliya's Foods Ltd.  CTV News
Edmonton's Aliya's Foods licence suspended over inspection issues  Edmonton Journal
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Wharncliffe Road South among 10 worst roads in Ontario
A London road has made the list of Ontario's Top 10 Worst Roads of 2013, based on a survey by the CAA. Wharncliffe Road South is the seventh worst, according to the auto club, and it may be costing drivers in the area more for repairs.
Toronto's Dufferin St. tops CAA survey of worst roads in Ontario  Toronto Star
Toronto's Dufferin Street named worst Ontario road again  CBC.ca
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Executive shuffle at HBC worries investors
Hudson's Bay Co. is replacing its star president, Bonnie Brooks, with a company veteran in a surprise move that spooked investors, prompting a drop of more than 3 per cent in the stock price.
Bonnie Brooks gets a promotion at The Bay  Toronto Star
Bonnie Brooks steps aside as Hudson's Bay president to take on vice ...  Financial Post
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Canada raises liability for offshore oil spills to $1-billion
The federal government will raise the bar for oil companies operating off the East Coast and in the Arctic, increasing the limit on their liability for environmental and other damage from a blowout or oil spill to $1-billion.
Canada Raises Absolute Liability for Offshore Drillers  Wall Street Journal
Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to ...  Financial Post
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