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Canadian markets news

Canada Post union gives 72-hour notice of job action
The country's largest postal workers union has given Canada Post a 72-hour notice of job action, meaning mail and parcel delivery could be affected by work to rule conditions by Monday.
Canada Post employees issue job action notice  BlackburnNews.com
Canada Post CEO "gone rogue": Deepak Chopra refuses Minister of ...  Montreal Gazette
CBC.ca  
Fort McMurray wildfires drag down corporate profits
The wildfires in Fort McMurray slammed Canada's private sector in the second quarter, pummelling insurers' profits and deepening losses in the oil patch.
Canada — and particularly Alberta's oil industry — paying higher price ...  Financial Post
Insurance claims & expenses up 15% for TD  Canadian Underwriter
RBC keeps close eye on Vancouver and Toronto housing markets
TORONTO, Aug 24 (Reuters) - Royal Bank of Canada, Canada's biggest bank, said it was closely monitoring home prices in Vancouver and Toronto after reporting slightly higher-than-expected quarterly earnings on Wednesday.
How business can learn to own the podium  The Globe and Mail
Kinross Gold suspends operations at Chilean mine over water dispute
TORONTO - Kinross Gold Corp. (TSX:K) says it has suspended operations at a mine in Chile ahead of schedule because of a dispute involving water use.
Kinross Announces Operational Updates at Bald Mountain, Tasiast and Maricunga  Stockhouse
Kinross suspends operations at Chile mine, lays off 300 workers  Reuters
Home sales dip dramatically in weeks after foreign buyers tax
Realtors, investors and property owners are already seeing the effects of the foreign homebuyers tax introduced earlier this month, new data suggests.
Too soon to judge tax on foreigners, BC says as house sales stall  Vancouver Sun
After new tax, buyers from China cool to luxury Vancouver homes  Macleans.ca
Canadian banks shake off oilpatch fears, report better-than-expected earnings
TORONTO -- Panic about how the oil price shock could affect the banks' bottom lines has subsided, as several of the country's largest financial institutions reported better-than-expected third-quarter results.
TD, CIBC results beat expectations with higher profits  CBC.ca
Why Canadian Imperial Bank of Commerce Is up 2% Today  The Motley Fool Canada
Manitoba First Nations group wants talks on forest resources, mill ownership
WINNIPEG - A group that represents 30 northern Manitoba First Nations wants to talk with the province about buying a mill that is closing in December.
Northern Grand Chief calls on premier for 'made-in-Manitoba buyout' ...  Yahoo News Canada (blog)
Buy out Tolko mill, turn over timber rights, MKO asks province  Winnipeg Free Press
Daoust's chief of staff said minister gave OK to Rona sale
Pierre Ouellet, the former chief of staff to ex-cabinet minister Jacques Daoust, was told his failure to notify the premier's office about the brewing sale of $140 million worth of Rona shares was "inconceivable.
If a Quebec Inc. jewel is on the podium, the province will want to own it  The Globe and Mail
Rona hearing: 'The minister communicated his decision,' former ...  Montreal Gazette
More car crashes, injuries lead BC insurance corporation to seek hike
The Insurance Corporation of British Columbia will seek a 4.9-per-cent hike to its basic auto-insurance rates, but a company official warns the increase could have been much higher.
ICBC seeks rate hike of 4.9%, cites rise in crashes and injuries  Times Colonist
ICBC wants to hike basic rates because of rising number of claims, legal costs  CBC.ca
Despite rain, harvest 9% complete, on par with 5- and 10-year averages
Recent wet weather has some combines sitting idle, like this one about 10 km southeast of Regina on Thursday. Across the province, harvest is nine cent complete, on par with the five and 10-year average, according to the weekly crop report.
Farmers slightly ahead of average harvesting Sask. crop  Globalnews.ca
Harvest underway in Saskatchewan  CTV News