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Canadian markets news

UPDATE 1-National Bank of Canada's profit beats, raises dividend
(Adds dividend increase, compares with estimates). May 27 (Reuters) - National Bank of Canada, the country's sixth-largest lender, reported a higher-than-expected quarterly profit on Wednesday and raised its dividend by 4 percent.
National Bank hikes dividend as profit rises 12.5%  The Globe and Mail
National Bank of Canada's quarterly profit rises 12.5 percent  Reuters Canada
Bloomberg  
Crescent Point Energy to acquire Legacy Oil + Gas Inc in $1.5 billion deal
Assuming the successful completion of the Legacy Arrangement on or about June 30, 2015, Crescent Point is upwardly revising its 2015 guidance for production and capital expenditures to 162,500 boe/d and �1.55 billion.
Crescent Point strikes deal for struggling Legacy Oil + Gas  The Globe and Mail
Crescent Point Energy Corp to acquire Legacy Oil and Gas Inc. for shares ...  Financial Post
BC university embraces Bitcoin, accepts virtual currency for textbooks
VANCOUVER - Will that be debit or Bitcoin? A British Columbia university has started accepting the digital currency Bitcoin at all of its bookstores, allowing customers to open their mobile wallets in what's believed to be a first for post-secondary institutions in ...
Digital currency on campus: buy Bitcoin and books at SFU  Simon Fraser University News
SFU now accepting Bitcoin at its bookstores  News1130
Ontario updates condo Act, lowers cost of dispute resolution: CP exclusive
The province will create a Condominium Authority to provide a range of services including dispute resolution. The authority will be funded by fees paid by condo developers and by a $1 a month levy on individual condo owners.
Ontario offers supports for condo owners  Simcoe.com
UPDATE 3-China's Zijin buys stakes in gold, copper projects
(Adds comment from Zijin executive). HONG KONG/TORONTO May 27 (Reuters) - China's Zijin Mining Group , which announced two acquisitions on Tuesday for more than $700 million, believes now is the good time to buy overseas assets as the mining ...
China's Zijin buys stakes in gold, copper projects as price remains weak  Economic Times
Zijin Surges After Buying Into Barrick, Ivanhoe Mines  Bloomberg
Alberta forest fires affect several oilsands operations
Out-of-control forest fires in Alberta have prompted the closing of several facilities in the northern part of the province, and oilsands production is down more than 15 per cent overall as a result.
Wildfire at MEG oilsands project leads to evacuation of 900 people  Calgary Herald
Alberta wildfires force evacuations at Statoil, MEG oilsands sites  Bay Today
One-third of Canadians don't have cash to top up TFSAs
A new survey says about one-third of Canadians don't have the cash to maximize their tax-free savings accounts after the feds nearly doubled the amount account holders can contribute annually.
One-third of Canadians don't have cash to top up TFSAs 0  London Free Press
Boosted TFSA limits: survey finds 27% plan to contribute more  CBC.ca
North Vancouver First Nation says pipeline expansion could increase oil spills
NORTH VANCOUVER, B.C. - A North Vancouver First Nation has rejected Kinder Morgan's proposed Trans Mountain pipeline expansion, based on a scathing assessment that concluded it would increase the threat of oil spills and damage their culture.
Environmental report could 'derail' $5.4B pipeline project in B.C  Saskatoon StarPhoenix
Calculating oil spill probabilities is tricky and fraught with controversy  Vancouver Sun
Quebec miners rescued after 18 hours trapped underground
PREISSAC, Que. - Nine miners who were trapped underground in northwestern Quebec have been rescued and are not injured. Mine manager Sylvain Lehoux said that after being trapped for nearly 18 hours, the evacuated miners were exhausted but were ...
Rockfall traps nine miners in IAMGOLD mine in Quebec  Timmins Press
Miners trapped in Quebec not considered to be in danger: company  Weyburn Review
Asia Pacific Market: Stocks drop on Fed possible rate hike
Asia Pacific share market mostly closed down on Wednesday, 27 May 2015, on renewed concerns about an interest rate hike in the U.S.
Stocks turn higher in Europe despite Asian losses  Washington Post
Global markets mixed on Greece jitters, Fed  CBS News