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Canadian markets news

At the open: TSX begins week with triple-digit loss
Toronto and New York markets were lower Monday, as investors wait for a report from China that may show that the slow growth in the world's second-largest economy has continued.
TSX tumbles as commodities take beating on fears over China's economy  Financial Post
Metals and gold push the TSX lower, traders await Chinese manufacturing data  TheChronicleHerald.ca
Reuters   Related articles »  
Alibaba's Banks Boost IPO Size to Record of $25 Billion
Alibaba Group Holding Ltd. (BABA)'s initial public offering became the biggest ever at $25 billion, after the compay's bankers exercised an option to boost the deal size by 15 percent.
Alibaba IPO ranks as world's biggest after additional shares sold  Toronto Sun
UPDATE 3-Alibaba IPO ranks as world's biggest after additional shares sold  Reuters
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Policy tie to US depends on economy: Bank of Canada's Wilkins
TORONTO (Reuters) - How closely linked monetary policy in Canada is to that of its neighbor to the south will depend on how the economies of both countries evolve, the Bank of Canada's Senior Deputy Governor Carolyn Wilkins said on Monday.
'Some degree of stimulus' needed to keep economy on track: BoC official  CTV News
UPDATE 1-Bank of Canada deputy gov. says rates may have to be lower than past  Reuters
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Joe Oliver says Canada won't make major changes to CMHC, housing finance
Canada won't make any sudden changes to the country's system of housing finance, even as the government looks at ways to reduce its role in the market, Finance Minister Joe Oliver said.
Finance Minister weighs in on potential housing finance changes  Canadian Mortgage Broker News
Oliver says Canada won't make major housing finance changes  bnn.ca
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Nortel Judges Query Patent Licenses in $7 Billion Fight
Patent licenses that Nortel Networks Corp. (NRTLQ:US) gave its units were the subject of questioning by judges considering how to divide $7 billion raised when the defunct phone maker was liquidated.
Nortel bankruptcy trial closing arguments begin  CTV News
Nortel bankruptcy trial drawing to a close  Stockhouse
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NHL's return will boost Canada's economy, Moody's says
NHL training camps open across North America this week, but no matter who makes that last round of cuts, the Canadian economy is poised to be a winner, a major ratings agency says.
Canadian Economy to Get Big Assist from Hockey's Return  Wall Street Journal (blog)
Return of NHL hockey delivers winning streak for Canada's economy  Globalnews.ca
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High yield Tim Hortons buyout bonds? Not exactly
The $2.25-billion (U.S.) high-yield bond deal to back the takeover of Tim Hortons Inc. by Burger King Worldwide Inc. is not going to be very high yield - probably thanks to the involvement of Warren Buffett.
Battle for your breakfast buck: Fast food attacks cereal's supremacy  CBC.ca
Tim Hortons Cafe & Bake Shop celebrates National Coffee Week with $1 any ...  CNNMoney
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Ontario deficit $800M below target
MPP Charles Sousa Finance Minister Charles Sousa. (Dave Abel/Toronto Sun). Article. Tweet. Change text size for the story; Print this story.
Ontario trims 2013-14 deficit using $1-billion reserve  CBC.ca
Ontario deficit $800 million lower than expected  Globalnews.ca
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VIA Rail had to pay competitors $1.7 million to transport stranded passengers ...
VIA Rail doled out nearly $2 million to its competitors last year when its trains couldn't get passengers to their destinations, the most the Crown corporation has paid for alternate transportation in the past five years.
Man arrested after knife pulled on VIA ticket agent  Ottawa Sun
Via Rail paid competitors nearly $2M last year  StarPhoenix
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DealFind, TeamBuy customers fuming over worthless coupons after sites file for ...
Deal-lovers who bought everything from tooth whitening treatments to digital cameras on DealFind.com and TeamBuy.ca are angry about getting burned along with some merchants after the cut-rate online coupon sites' insolvency filing in Canada.
Major online coupon business facing bankruptcy  CTV News
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