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Canadian markets news

At midday: TSX heads lower as volume falls ahead of holidays
The Toronto stock market fell into the red Monday as it looked for direction amid a shortened trading week, with little news on tap ahead of the Christmas break.
TSX sets record for biggest one day volume and value  Financial Post
TSX edges lower as oil slip hurts energy companies  Reuters Canada
Businessweek   Related articles »  
Oil slides after Saudi's Naimi says OPEC won't cut output
NEW YORK (Reuters) - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price.
Oil plummets after Saudis says $20 crude is possible  Telegraph.co.uk
Canadian dollar falls amid lower oil prices, Saudi Arabia comments  Calgary Herald
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Federal deficit expands to $3.6B as family tax cuts eat into revenues
The federal government's monthly deficit expanded to $3.2 billion in October, about $700 million higher than the same month a year ago.
Canada's Budget Deficit Widens on Tax-Relief Measures  Wall Street Journal
Canada budget deficit rises in October on tax cuts  Reuters Canada
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UPDATE 2-Carlyle and Warburg Pincus to buy credit rating agency DBRS
(Adds strategic outlook, financing bank). By Mike Stone. Dec 22 (Reuters) - Carlyle Group LP and Warburg Pincus LLC said they would buy DBRS Ltd, the world's fourth-largest credit rating agency, in partnership with a consortium of Canadian investors ...
DBRS to Be Sold to Carlyle, Warburg for $500 Million  Bloomberg
PE firms to purchase DBRS  Benefits Canada
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Last day for Kellogg's workers in London, Ont.
Kellogg - London Kellogg plant in London (MIKE HENSEN, The London Free Press). Change text size for the story; Print this story. Report an error.
Kellogg plant in Ontario closes  Food Dive
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Maple Leaf Foods to close Winnipeg plant permanently
TORONTO� Maple Leaf Foods (TSX:MFI) says one of the three plants previously identified for closure will be shut permanently on Dec. 31 and the other two will close by the end of March.
Maple Leaf Foods to close Winnipeg plant permanently on last day of 2014  Financial Post
Maple Leaf closing plant on Panet Road  Winnipeg Free Press
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Truckers threaten job action over Port Metro Vancouver pay rates
Unionized truckers have voted unanimously to strike if an agreement cannot be reached over pay rates at Port Metro Vancouver. Unifor members met Sunday and voted to take job action if a resolution isn't reached by Feb. 1, according to union spokesman ...
Another trucker strike could be in the works  News1130
Truckers threaten to strike again if agreement is not followed  Globalnews.ca
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WestJet pilots vote in favour of new contract
Pilots at Calgary-based airline WestJet have voted in favour of a new four-year contract. The airline says the deal includes improved pay and scheduling, which places the pilots among the highest paid in Canada's airline industry.
WestJet pilots sign 4-year deal  Market Business News
WestJet pilot agreement ratified  Exchange Morning Post (press release)
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From pariah to hero � why Europe is where to invest next year
While the region's stock markets massively disappointed in 2014, a lot is falling into place - lower oil prices, a weaker euro and possibly more easing from the ECB - that should make the continent one of best places to put money next year, their analysts ...
FOREX-Euro edges up, still shaky on ECB and Greece  Reuters
Global stocks, oil, ruble rally as Santa rally comes to rescue  Financial Post
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Bellatrix cuts gas plant, Montney drilling from budget
Calgary intermediate Bellatrix Exploration Ltd. is chopping its budget for the second time in three weeks, dropping what was a $450-million capital plan to $300 million in view of continuing commodity price erosion.
Bellatrix delays Phase 2 of Alberta gas plant, cuts 2015 capital plan by 25%  CanadianBusiness.com
Bellatrix Exploration cuts 2015 capital budget by 25% (BXE)  Seeking Alpha
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