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Canadian markets news

Bank of Canada says low rates will 'mitigate' shock of battered oil prices
Patrick Doyle/BloombergThe bank is leaving its overnight rate - which guides lending levels between financial institutions - on hold at 0.75%, saying 'we judge that the current degree of monetary stimulus is still appropriate.
Bank of Canada holds firm on low rates, but gives little guidance for the ...  CBC.ca
Loonie closes almost half a cent higher in wake of rate decision  The Globe and Mail (subscription)
Bloomberg  
Encana joins equity rush, sells $1.25-billion of new shares
Encana Corp. added its name to the growing list of energy companies tapping equity markets to make up for a severe drop in cash flow owing to the oil-price collapse.
Encana announces $1.25B share offering, aims to pay down debt  CTV News
Encana Corp raising up to $1.25 billion in bought deal to cushion blow of ...  Financial Post
Canadian Pacific wants to limit shipments of dangerous goods
Canadian Pacific Railway Ltd. wants the power to refuse to haul dangerous goods, a signal it has grown weary of the risks and regulations that accompany the business of hauling oil.
Training managers to operate trains will give CP Rail leverage in event of ...  Calgary Herald
Letter: Railways and government committed to rail-network safety  Montreal Gazette
RRSP contribution levels up, BMO survey says
TORONTO - A survey from the Bank of Montreal suggests fewer Canadians were contributing to their RRSP this year, but that contributions were higher than recent years.
Fewer Manitobans add to RRSPs: BMO  Winnipeg Free Press
Fewer Canadians Contribute To RRSP  640 Toronto News
Toronto home buyers struggling to afford $1-million price tag
Toronto's housing market broke through an important financial threshold in February as the average price of detached homes topped $1-million for the first time.
Toronto detached home price now averages over $1M  CBC.ca
What $1 million used to buy in Toronto  Toronto Star
New auto parts plant coming to Alliston
The provincial government says it's putting just over a million dollars into a new auto parts plant in Alliston, northwest of Toronto.
New Parts Supplier Attracted To Ontario  Windsor Square
HCM parts supplier announces first Canadian plant in Alliston  New Tecumseth Free Press
Proposal for Honest Ed site a deal we can't refuse: Hume
It's enough to make you think you've died and gone to� Toronto? A development proposal from the new owner of the Honest Ed site at Bloor and Bathurst won't please everyone, but not for lack of trying.
Development plan to replace Honest Ed's called a 'game-changer'  Globalnews.ca
Redevelopment of Honest Ed's in Toronto holds several surprises  The Globe and Mail
Police seek public's help in finding missing woman
A Waterloo Regional Police officer maps the area outside 10 Burn Place in Kitchener on Wednesday. Missing woman Kate Lynn Reid lives at the building but hasn't been seen since Jan. 1. next play/pause pre 1/1.
What Canadian winter feels like to immigrants and visitors  CBC.ca
More homes sold in Kitchener-Waterloo in February, but market still cool  CTV News
Stephen Harper's approach to China is inadequate and inconsistent, PM's ...
OTTAWA - Prime Minister Stephen Harper's former top foreign policy adviser has published a scathing critique of the Conservative government's handling of relations with China.
Former ambassador questions Chinese money in Canadian housing markets  Vancouver Sun
Harper inadequate, inconsistent on China, former adviser says  Calgary Herald
Raven Coal Mine application withdrawn
For the time being, Compliance Coal Corporation has withdrawn its Raven Coal Mine application from a provincial screening process while it attempts to clear up some misconceptions about the project.
Compliance Coal withdraw Raven Underground Project application  Alberni Valley News
Raven Coal mine project in Comox Valley on hold  Times Colonist