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Canadian markets news

Mobilicity debtholders approve sale to Telus
The creditors owed money by the financially struggling wireless company Mobilicity approved a deal Thursday that would see the mobile upstart sold to Telus for $380 million.
Mobilicity debtholders approve plan to sell company to Telus  CTV News
Mobilicity bond holders clear Telus deal  Globe and Mail
Financial Post   Related articles »  
Canada Not Cool with COOL
In 2005, a softwood-lumber dispute took Canada and the U.S. to the brink of a trade war. Now, another trade fight looms, this time over meat labeling.
US revises meat-labelling rules to satisfy WTO  Globe and Mail
Ottawa threatens 'retaliatory measures' over new US meat labelling ...  National Post
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TSX snaps winning streak as metals drop on China aata
Canadian stocks fell for the first time in five days amid a global equity selloff as China's manufacturing industry unexpectedly contracted.
Stimulus rollback fears, TD trigger TSX slump  Reuters Canada
Toronto Stocks Down at Midday In Broad Selloff; TD Slips  Wall Street Journal
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At TD Securities, making more while paying less
Tough times in the securities business? For shareholders of Toronto-Dominion Bank, not so much, as the bank's results signal that firms that have the ability to do more than finance miners and handle mergers can still bring in a lot of cash.
Toronto-Dominion Profit Rises on US Lending Business  Bloomberg
Canadian Bank Analysis: Royal Bank of Canada  Seeking Alpha
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Privacy commissioner wants power to impose 8-figure fines against offenders
TORONTO - Canada's privacy commissioner Jennifer Stoddart says she's tried naming and shaming some of the world's largest companies into respecting the privacy of Canadians.
Privacy Commissioner reveals roadmap for privacy policy reform  Financial Post
Canada's privacy laws inadequate for digital age, watchdog says  CBC.ca
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Marathon ends talks to sell part of Athabasca oil sands interest
Marathon Oil Corp. has called off talks to sell a portion of its stake in a major Alberta oil sands mining operation, adding to a growing list of sales efforts in the sector that have come up dry.
Marathon Oil says talks end on possible stake sale  Businessweek
Marathon Oil Doesn't Reach Deal for Sale of Oil Sands Stake  Bloomberg
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Fracking threatens purity of beer, say German brewers
BERLIN - German brewers called on Chancellor Angela Merkel's government to block the tapping of shale gas by means of hydraulic fracturing, citing industry concerns that fracking could taint the purity of the country's beer.
Dispute brews up over German shale search  Financial Times
Fracking could ruin German beer industry, brewers tell Angela Merkel  Telegraph.co.uk
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EI claims trend lower for 5th straight month
The number of people receiving regular Employment Insurance claims declined for the fifth consecutive month in March, dropping one per cent to 523,700.
Canada Job Insurance Claims Up 3.0% in March from February  Wall Street Journal
Canadian Employment Insurance Recipients Fall 1.0% in March  Bloomberg
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Tarnished Genivar vows better corporate governance
MONTREAL - Despite frequent mentions at the Charbonneau Commission inquiry into collusion in the awarding of municipal contracts, engineering-consultancy firm Genivar Inc. still has its good name, president and chief executive officer Pierre Shoiry said ...
Genivar aims for $2.3 bln in revenues by end of 2015  Proactive Investors USA & Canada
Genivar looking to more than double revenue, votes to change name  Victoria Times Colonist
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US Stocks Shake Off Global Market Rout
Stocks in the U.S. shook off a steep global selloff that began with a 7.3% plunge in Japan's stock market. Markets around the world were jostled Thursday by a confluence of events that interrupted a monthslong rally in risky assets.
Analyst Suggests Caution on Popular Japan ETF  MarketWatch
Stocks dip after Japan dives 7.3%  USA TODAY
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