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Canadian markets news

Oilpatch gets some relief from Alberta's royalty review panel
Alberta's NDP government announced the expectations and panel members of its oil and gas royalty review Friday - and both should give industry operators and investors some comfort they won't be further hurt at a time of already-difficult industry ...
Annette Trimbee, UWinnipeg president, named to Alberta oil review panel  CBC.ca
Alberta to keep oil, gas royalty framework till end of 2016  The Globe and Mail
Calgary Herald  
Ottawa posts $5B surplus for April-to-June period
The federal government has taken in $5 billion more than it spent since April, the Department of Finance revealed Friday. In the monthly Fiscal Monitor Ottawa revealed that government revenues came in at $24.3 billion in June, a surplus of $1.1 billion ...
Harper boasts of $5-billion surplus over first quarter  The Globe and Mail
Feds post $1.1B surplus for June  Toronto Sun
Scotiabank sees gains in international operations profit
Concern about Bank of Nova Scotia's heavy exposure to struggling emerging market economies appeared to subside after the lender reported upbeat quarterly results that were driven in part by its international operations, where profit rose 11 per cent ...
An electronic sign posting financial data is shown outside the Scotiabank ...  CTV News
UPDATE 3-Scotiabank energy-sector bad loans climb; profit tops estimates  Reuters
2 days of gains push oil up 17%, TSX up 3.3%
After a week with wild swings in the values of stocks and commodities, oil futures ended up gaining 17 per cent in two days and the TSX was up 3.3 per cent in the same period.
Loonie gains slightly as oil surges  The Globe and Mail (subscription)
TSX higher, NY markets lower as volatile trading week draws to close  Globalnews.ca
Air Canada customers furious as airline chooses not to honour online deal ...
An online offer for inexpensive air travel had a number of customers chomping at the bit to plan their future flights, but their purchases were quickly voided and their funds returned, over an oversight on the part of the airline.
Customers annoyed after Air Canada cancels deal caused by computer glitch  The Globe and Mail (subscription)
Air Canada blames computer glitch for bargain clawback  CBC.ca
Twitter promises to hire, promote more women while fighting gender ...
SAN FRANCISCO -- Twitter is setting modest goals to diversify its workforce while it fights a proposed class-action lawsuit that says the online messaging service discriminates against its female employees.
Seeking diversity, Twitter plans to boost female employment by one ...  Los Angeles Times
Twitter: We're Upping Our Female Employees to 35 Percent in 2016 (Along ...  TechCrunch
Banks defend mortgage verification practices in light of broker fraud allegation
TORONTO - Some of Canada's biggest banks are defending their verification practices for mortgage applications in light of recent news that mortgage lender Home Capital Group Inc. cut ties with dozens of brokers over fraud allegations.
Banks defend mortgage verification after Home Capital fraud allegations  bnn.ca
BC Wildfire Service lifts campfire ban on south coast
VANCOUVER - A soggy weekend lies ahead for campers in on the south coast of British Columbia, but at least they can huddle around a campfire to keep warm.
Campfire ban lifted for parts of BC thanks to rainy weather  Vancouver Sun
Campfires allowed on B.C. coast as rain returns  Globalnews.ca
China's great fall, loonie's swan dive & some mushy math on taxes: BUSINESS ...
China dominated the business headlines this week, as the world's second-largest economy took investors on a white-knuckle ride on equity markets.
Loonie gains more than half a cent thanks to oil  The Globe and Mail (subscription)
Activist seeks help for stranded SkyGreece passengers
The Canadian Transportation Agency is being asked for an emergency order to protect and compensate stranded passengers of SkyGreece Airlines, which ceased operations on Thursday after more than a week of disrupted service.
CTA examines SkyGreece complaint  Toronto Star
SkyGreece temporarily cease all operations  FTNnews.com