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Canadian markets news

Canada's economy: 5 reasons not to panic
A recent spate of frightening economic headlines paints a dire picture of the economy, but an examination of some basic gauges of Canadians' financial health demonstrates it's not all doom and gloom.
5 Reasons Not To Panic About Canada's Economy  Huffington Post Canada
WestJet moves closer to Europe with delivery of first wide-body Boeing 767-300 ...
WestJet has taken delivery of the first of four Boeing 767-300 extended range aircraft it has ordered to begin flights to Europe and elsewhere starting next month.
Calgary-based airline WestJet welcomes Boeing 767-300 into fleet  Calgary Sun
VIDEO: WestJet rolls out first 767 and new logo  Flightglobal
Big Six banks defy pessimists amid glut of economic uncertainty
Canadian Imperial Bank of Commerce and Toronto-Dominion Bank added to a string of strong financial reports this week from Canada's big banks, which have largely defied expectations that ugly economic indicators would begin to take a toll on the sector.
Canadian Banks Beat Profit Forecasts  Wall Street Journal
Betting against Canada's banks doesn't pay off yet again  Financial Post
Brookfield buys into Indian infrastructure with road & power deal
NEW DELHI (Reuters) - Canada's Brookfield Asset Management BAMa.TO made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India's Gammon Infrastructure Projects Limited GAIN.
Gammon Infrastructure to divest nine projects to BIF India Holdings  Financial Express
Brookfield buys into Indian infra with road and power deal  Business Today
Pearson passengers stranded after SkyGreece Airlines abruptly suspends service
SkyGreece Airlines temporarily ceased its operations Thursday, after days of media reports of delayed and cancelled flights to and from Pearson International Airport.
Greek airline leaves hundreds of passengers stranded as economic crisis ...  Daily Mail
Australia cancels loopy plan for visa police, and other reasons to fear for ...  National Post
GTA gas price dips below $1 per litre mark
Toronto drivers filling up for weekend road trips are in luck Friday, after the gas price fell four cents overnight. Gas now costs 99.9 cents per litre in the city, according to Tomorrow's Gas Price Today.
Gas prices going back up overnight around the GTA  Newstalk 1010
Gas expected to fall below dollar in Toronto Friday  insideTORONTO.com
China's market missteps are tripping up others
Not long ago, global markets were fixated on a nation in the throes of financial upheaval. Its equities markets were crumbling, its debts sky-high.
China central bank injects 60 bln yuan via short-term liquidity operations  Reuters
Yuan rises sharply on central bank intervention  Hindu Business Line
Oil Steadies After Strong Gains as Equities Rally
London: Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong US economic growth and news of low crude supplies from Nigeria.
Oil down 1% after after strong gains as equities rally  CNBC
Bump Then Fizzle for Oil Prices  Wall Street Journal (blog)
SCA divides operations into two units, invests 7.8 billion crowns
STOCKHOLM Aug 28 Swedish hygiene products firm SCA said on Friday it will divide the group into the two divisions Hygiene and Forest Products, and also announced an investment to increase capacity for pulp production.
SCA Chief Plans to Separate Assets in Two Standalone Units  Bloomberg
SCA could sell unified forests and forest products unit  euronews
McDonald's, Tyson sever ties to poultry farm over alleged animal abuse
McDonald's Corp. and Tyson Foods Inc. severed ties with a Tennessee poultry farm after an animal-rights group on Thursday released video footage from the facility that showed chickens being stabbed, clubbed and crushed to death.
McDonald's Poultry Supplier Accused of Animal Cruelty  NDTV
McDonald's and supplier Tyson Foods end ties with a Tennessee chicken farm  NYC Today