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Canadian markets news

Royal Bank pledges not to outsource jobs for savings alone
Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money. The bank updated its code of conduct on Friday, after facing intense criticism last month for its hiring policies.
Royal Bank releases supplier code of conduct after outsourcing backlash  Calgary Herald
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
Globe and Mail   Related articles »  
TSX stocks dragged down by falling gold stocks
TORONTO -- The Toronto Stock Exchange dipped slightly Friday, pulled down by declines in most sectors, particularly gold, but balanced by a 13 per cent boost in shares of Valeant Pharmaceuticals International.
TSX dips as Fed stimulus worry offsets rise in banks  Reuters Canada
At the open: TSX, US stocks slide as Nikkei plunge ignites fears  Globe and Mail
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Canada Stocks Little Changed as Oil, Gold Slumps Offset Valeant
Canadian stocks were little changed, erasing earlier losses of as much as 0.3 percent, as a slump in energy and gold producers offset a surge in Valeant Pharmaceuticals International Inc. Encana Corp.
MTS to sell Allstream to Egyptian investment group, focus on Manitoba market  Winnipeg Free Press
Despite the price, Allstream sale is the best possible outcome  Globe and Mail
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Canada threatens retaliation over US meat-labelling rules
The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.
Ottawa weighs retaliation over new US meat label rules  Globe and Mail
UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling  Reuters
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Study ranks Canada third-worst among affluent nations for paid vacation
With peak vacation season set to kick off, a U.S.-based economic policy think tank has sobering news for Canadians. Among the 21 affluent nations studied by the Center for Economic Policy and Research, Canada ranked third-worst in terms of legally ...
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
When it Comes to Vacation Time, Canadians May Envy Europeans  Wall Street Journal
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National Bank of Canada Profit Falls
TORONTO�National Bank of Canada, the sixth-largest bank in Canada, raised its quarterly dividend Friday after reporting a 22% decline in second-quarter earnings reflecting last year's sale of its asset management unit.
National Bank considering new acquisitions in Canadian wealth management  Victoria Times Colonist
TD Bank profit rises despite sluggish housing growth  Toronto Sun
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SaskPower set to start testing world's first carbon-capture facility
The world's first carbon capture and storage facility is set to start testing in Saskatchewan and it's already creating international buzz.
Carbon project critical for Sask  StarPhoenix
Symposium participants visit Estevan  Lifestyles Publications
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Loblaw Files to Spin Off 75% of Property in Choice REIT IPO
Loblaw Cos. (L), Canada's largest grocery chain by market value, filed documents for an initial public offering of Choice Real Estate Investment Trust in a bid to unlock shareholder value.
Loblaw files preliminary prospectus for $7-billion REIT  National Post
Loblaw files preliminary prospectuses for $7B REIT, debenture offering  Brandon Sun
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Canadian Dollar �Cheerleader� Gignac Now Not So Keen on Loonie
Clement Gignac was so bullish on the Canadian dollar in 2006 that he went out on a limb that April and forecast it would reach parity with the U.S.
Loonie lower despite positive durable goods data  Globe and Mail
Canadian Dollar Falls on Concern Risk Assets Outpaced Economy  Businessweek
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Kinder Morgan mum on route of Trans Mountain pipeline expansion
Kinder Morgan Canada has again declined to make public the intended path for its Trans Mountain expansion project, as pipeline companies face the wrath of landowners angered by routes that look good on a map but less so in a backyard.
Kinder Morgan to file Trans Mountain expansion plan with Canadian energy ...  Vancouver Sun
Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan  mysask.com (press release)
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