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Canadian markets news

US Fed keeps buying bonds at $85B monthly pace
bernake Federal Reserve Board Chairman Ben Bernanke testifies before the Joint Economic Committee in Washington in this May 22, 2013 file photo.
Fed says it could pull back on bond buying by fall  Globe and Mail
Wall St. drops after Bernanke hints at slowing stimulus  Reuters
Wall Street Journal   Related articles »  
Still waiting to hear what Stephen Poloz really thinks
Stephen Poloz is preaching patience. Which is a good thing, because his first speech to the Canadian public as Bank of Canada boss has left us still waiting to hear most of the things we need to know.
Bank of Canada's Stephen Poloz looks to businesses to grow economy  Toronto Sun
Time to heal business confidence, consumers have done their part: Poloz  Montreal Gazette
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Verizon eyes wireless entry as Ottawa aims to salvage competition
Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.
Wind Mobile backer withdraws application for control  Montreal Gazette
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
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Loblaw testing small discount-store format in Calgary
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.
Loblaw testing smaller discount grocery store format in Calgary  Calgary Herald
Loblaw tests new discount store as grocery rivalry heats up  Globe and Mail
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Economy picking up steam, Royal Bank says
Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
Alberta economy to be a Canadian leader over the next two years  Calgary Herald
Saskatchewan to post 2.9% growth in 2013  Regina Leader-Post
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Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation
HALIFAX -- The Imperial Oil refinery in Halifax is being closed and converted to a terminal, in a move that deals the latest blow to Nova Scotia's manufacturing sector.
Imperial Oil to close Nova Scotia refinery, convert it to terminal  Globe and Mail
Imperial to close Nova Scotia refinery, convert it to terminal  Reuters
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Bank of Canada will raise interest rate in July 2014: BMO economist
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
Growth in the United States, more stable Eurpean economy will help  Victoria Times Colonist
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Tim Hortons pressed by a second hedge fund, shares jump
tim-hortons A row of Tim Hortons coffee cups are lined up for customers at Penn Station in New York in this July 13, 2009 file photo.
Tim Hortons pressured by another US hedge fund  Globe and Mail
Tim Hortons being circled by Wall Street hedge funds  CBC.ca
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New Mirabel facility will be leased to French-based Aerolia Canada Inc. for more ...
PARIS - A�roports de Montr�al said Wednesday at the Paris air show that it will build an 80,000-square-foot facility in Mirabel in the next six months for $9.5 million and will lease it to French-based firm Aerolia Canada Inc. for up to 30 years.
Mirabel to house new $9.5M fuselage assembly plant  CBC.ca
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Statoil Makes Canada Oil Discovery Off Newfoundland
Norwegian oil giant Statoil ASA said Wednesday it made a big discovery of light oil offshore Newfoundland, the latest find in Canada's Atlantic region--a big and fast-growing petroleum play that's often overshadowed by the country's western oil-sands ...
Statoil makes 2nd find in new frontier off Newfoundland  CBC.ca
Statoil assessing new oil find off Newfoundland  Globe and Mail
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