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Canadian markets news

Canadian bank outlook worsens
Canadian bank stocks had their worst start to the year in a quarter century as a plunge in crude oil and overstretched consumers dim their profit outlook.
Bank of Montreal cuts its five-year fixed mortgage rate to 4.79 per cent  660 News
Barclays downgrades stocks of Canada's 3 biggest banks over economic ...  CTV News
Financial Post  
Tim Hortons job cuts, loonie's latest low & Coke's new recipe: BUSINESS WEEK ...
Tim Hortons was back in the news this week, first denying, and then admitting that it was laying off hundreds of head office workers.
Double-double whammy for Tim's workers  Toronto Star
Tim Hortons slices staff  Fort Frances Times
CANADA FX DEBT-C$ slips on rate cut bets despite reprieve from oil
... * Canadian dollar closes at C$1.2711 or 78.67 U.S. cents * C$ hits C$1.28, or 78.13 U.S. cents, lowest since 2009 * Bond prices higher across the maturity curve By Alastair Sharp TORONTO, Jan 30 (Reuters) - The Canadian dollar touched its weakest level ...
Weak Canadian dollar and GDP suggests JPMorgan said it best: 'There Will ...  CBC.ca
Another round of low-dollar dreams  The Globe and Mail
Canada's GDP shrank in November
OTTAWA Canada's gross domestic product declined 0.2 per cent in November compared with the previous month, primarily because of manufacturing and several of the key resource sectors.
GDP report paints gloomy picture  Regina Leader-Post
Canada's slumping GDP reveals troubles in just about every sector  Financial Post
Inadequate design blamed for failure of B.C.'s Mount Polley tailings dam
A aerial view shows the damage caused by a tailings pond breach near the town of Likely, B.C., on August, 5, 2014. A government-ordered report says a tailings spill at a B.C.
Mount Polley: expert says misinterpreted test results led to massive breach  CBC.ca
Vaughn Palmer: A 'doomed' tailings dam and a system that ' ...  Vancouver Sun
CIBC lays off 500 workers in response to slowdown in consumer borrowing
CIBC has cut more than 500 jobs in the last two weeks, according to a report by the Wall Street Journal. next play/pause pre 1/1. Hamilton Spectator.
Canadian Imperial Bank of Commerce lays off staff as borrowing wanes  Canada News
CIBC cuts 500 jobs in past 2 weeks: Wall Street Journal report  Winnipeg Free Press
ECB Deputy Denies Stimulus Was Delayed by German Opposition
CAMBRIDGE, England´┐ŻThe European Central Bank's decision to launch a program of large-scale government bond purchases wasn't delayed by opposition from Germany, ECB Vice President Vitor Constancio said Saturday.
Greek emergency funding would be a decision for ECB council: Constancio  Reuters
ECB official says lending to Greece could stop by March  Yahoo News UK
Plateau water main break shuts down 2 thoroughfares
A water main break is causing traffic troubles in the Plateau-Mont-Royal borough. Plateau water main break Jan 31 2015. The city deployed blue-collar workers and snow-removal equipment to the Plateau early Saturday morning to help prevent water from a ...
Broken water main leaves Plateau a flooded mess  CTV News
Stretch of Plateau-Mont-Royal flooded by burst water main  Montreal Gazette
BC government backs down from wine pricing plan
The provincial government has backed down from a new wholesale pricing structure for wine after merchants and industry experts noted the price of more expensive bottles would skyrocket.
B.C. corks luxury tax for premium wines  Victoria News
Booze rules may need tweak  Castanet.net
Target Canada liquidation to begin soon
Target Corporation announced Jan. 15 that it was pulling out of Canada, less than two years after opening its first stores. Instead of turning a profit within a year as expected, the company has lost $7-billion.
Target Liquidation Sales Could Start Next Week  windsoriteDOTca News
Target's road out of Canada becomes clearer  Minneapolis Star Tribune