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Canadian markets news

Bernanke says Fed likely to reduce bond buying this year
By Alister Bull and Pedro da Costa. WASHINGTON | Wed Jun 19, 2013 6:34pm EDT. WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S.
US Fed keeps buying bonds at $85B monthly pace  Toronto Sun
Bond Markets Sell Off  Wall Street Journal
Businessweek   Related articles »  
Poloz urges Canadians hang tight as exports, business confidence rise
Making his first public speech since taking over as Governor from Mark Carney in early June, Mr. Poloz appealed Wednesday for Canadians to hang tight as an export-led recovery and rising business confidence gradually take root.
Bank of Canada governor says economic confidence will grow  Toronto Star
Poloz Urges 'Stability and Patience' for Canada Rebound  Bloomberg
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Verizon eyes wireless entry as Ottawa aims to salvage competition
Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
Vimpelcom unit drops bid to buy Canada's Wind Mobile  Reuters
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Loblaw testing small discount-store format in Calgary
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.
Loblaw testing smaller discount grocery store format in Calgary  Calgary Herald
Loblaw tests new discount store as grocery rivalry heats up  Globe and Mail
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Economy picking up steam, Royal Bank says
Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
Saskatchewan to post 2.9% growth in 2013  Regina Leader-Post
Alberta economy to be a Canadian leader over the next two years  Calgary Herald
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TAYLOR: Imperial Oil refinery bidding comes up empty
In the end, there were no bids for Imperial Oil's 95-year-old Dartmouth refinery. There were some interested buyers who had been looking at the refinery right up until the end, says Gilles Courtemanche, Imperial's vice-president of refining and supply.
Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation  CTV News
Imperial Oil to close Nova Scotia refinery, convert it to terminal  Globe and Mail
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Bombardier dismisses CSeries sales fears
PARIS - If and when Bombardier Inc.'s CSeries takes to the skies for the first time in Mirabel next week, it will be powered by about 40,000 roaring pounds of thrust.
Bombardier, Chinese plane maker extend sharing pact  Globe and Mail
AIRSHOW-UPDATE 1-Bombardier gets up to $1.8 bln in business jet orders  Reuters
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Bank of Canada will raise overnight interest rate in July 2014: BMO economist ...
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
Growth in the United States, more stable Eurpean economy will help  Victoria Times Colonist
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New Mirabel facility will be leased to French-based Aerolia Canada Inc. for more ...
PARIS - A�roports de Montr�al said Wednesday at the Paris air show that it will build an 80,000-square-foot facility in Mirabel in the next six months for $9.5 million and will lease it to French-based firm Aerolia Canada Inc. for up to 30 years.
Mirabel to house new $9.5M fuselage assembly plant  CBC.ca
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Statoil Makes Canada Oil Discovery Off Newfoundland
Norwegian oil giant Statoil ASA said Wednesday it made a big discovery of light oil offshore Newfoundland, the latest find in Canada's Atlantic region--a big and fast-growing petroleum play that's often overshadowed by the country's western oil-sands ...
Statoil makes 2nd find in new frontier off Newfoundland  CBC.ca
Statoil assessing new oil find off Newfoundland  Globe and Mail
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