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Canadian markets news

Bombardier suspends plan for Russia venture
Bombardier Inc reported quarterly earnings that topped expectations on Thursday and said it had put plans for a plane-building joint venture in Russia on hold due to political and economic conditions there, potentially jeopardising a large Russian order.
Bombardier Shelves Plans for Russian Assembly Line  Wall Street Journal
Bombardier puts Russian turboprop assembly plans on ice due to political unrest
Toronto Star   Related articles »  
Smaller deals dominating M&A in 2014
Mergers are up in Canada, and rather than the big mega-deals, it's a pile of smaller transactions that is driving activity. The total value of mergers and acquisitions in the first three quarters of 2014 is running well ahead of last year, according to Mergermarket.
Tim Hortons takeover by Burger King may be bad for Canada: study
Tim Hortons takeover by Burger King may result in widespread layoffs: study  CTV News
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TSX miners hit by lower gold prices
The Toronto stock market closed lower Thursday as a selloff in gold stocks accelerated alongside a drop in bullion prices. The SP/TSX composite index declined 68.88 points to 14,458.69 as traders also balanced a strong reading on U.S.
The Day On Bay: TSX Down As Gold Miners Get Creamed  Business in Canada
TSX lower amid falling gold prices, heavy slate of earnings, solid US growth  Cape Breton Post
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Housing starts to hit 3300 by year's end
Housing starts in the Saskatoon Census Metropolitan Area (CMA) are on pace to hit 3,300 units in 2014, up 11 per cent from 2,980 in 2013.
Halifax housing market going soft, lack of employment growth partly to blame ...  MetroNews Canada
Fire safety planning is a vital part of accessible housing  Toronto Sun
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Energy minister won't heed Fraser Institute report
The provincial government is not veering from its plans for solar and wind energy despite a warning in a new Fraser Institute report that it's driving up electricity prices.
Going green too costly for Ontario, a Fraser Institute report warns  CTV News
Terminate Ontario wind, solar contracts, says Fraser report  Northern Ontario Business
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Goldcorp CEO Jeannes Sees Gold Price Floor Around $1200
Gold won't dip much below $1,200 an ounce as Asian buyers help create a price floor, according to the biggest producer of the precious metal by market value.
Canadian gold stocks crushed amid bad earnings, bad prices  Financial Post
Canadian stock market ends lower over gold drop  Shanghai Daily (subscription)
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Maple Leaf Foods ready for factory closures, return to profit
The impending shutdown of Maple Leaf Foods Inc.'s Toronto meat factory will close a dark chapter in the company's history while helping it complete a top-to-bottom remake of the country's largest food processor.
Maple Leaf Foods losses continue in third quarter, restructuring expenses higher  Daily Business Buzz - New Brunswick
Maple Leaf Foods continues to post losses, sales drop after Canada Bread sale  CTV News
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Terence Corcoran: Energy East is a product of Obama's policy failure
For Canadians weary of pipeline politics, no end is in sight. TransCanada PipeLines dropped 30,000 unreadable pages of documents on the National Energy Board Thursday, beginning a contentious regulatory battle for approval of the 4,500-kilometre ...
TransCanada files application for the Energy East Pipeline Project  Edmonton Sun
TransCanada touts Energy East benefits for refiners, export markets  The Globe and Mail
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Holiday shoppers will trim spending, survey finds
TORONTO - A survey on holiday spending suggests that Canadian shoppers may be more likely to channel their inner Scrooge this year.
Poll shows holiday shoppers trimming their spending on gifts  Windsor Star (blog)
Most of us don't want a gift card this year  MarketWatch
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Barrick Embraces 'Boring' Focus on Costs After Gold Drop
Barrick Gold Corp. (ABX), which attempted to merge with a rival this year, says it's likely to become ´┐Żboring´┐Ż as it seeks to improve its performance amid a faltering gold price.
Barrick faces new setback over Zambia mine  The Globe and Mail
Barrick share price continues to sag amid weak gold price  Toronto Star
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