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CANADA STOCKS-TSX jumps as investors cheer oil data; Fed in spotlight
(Updates after Fed news, adds strategist comment, updates prices). * TSX ends up 224.44 points, or 1.59 percent, at 14,301.80. * Banks, rails and oil stocks lead the rally.
TSX jumps as investors cheer oil data; Fed in spotlight  Business Recorder (press release) (blog)
Top Canada stocks' secret ingredient amid commodity lashing  Chicago Tribune
BlackburnNews.com  
Asian Morning Briefing: US Stocks Extend Gains After Fed
MARKETS AT A GLANCE. (Data as of approximately 5 p.m. ET). LAST, CHANGE, % CHG. DJIA, 17751.4, 121.12, 0.69%. Nasdaq, 5111.73, 22.53, 0.44%.
Yellen sends a carefully crafted signal  Financial Times
Wall Street ends higher after Fed leaves investors unruffled  Reuters
Home Capital says it cut ties with 45 mortgage brokers after discovery of ...
Home Capital Group Inc. said its recent decision to cut loose a large number of brokers was set off after an external source tipped the company off to falsified income submitted by certain mortgage brokers.
Canadian mortgage lender Home Capital's profit falls 2 pct  Reuters
Home Capital Says Former Brokers Made About C$1 Billion in Loans  Bloomberg
Siemens, Bombardier Held Talks Over Train Merger
German industrial conglomerate Siemens AG SIEGY 0.01 % has held talks to combine its rail unit with Canada-based Bombardier Inc. BDRBF 5.93 % 's train business, people familiar with the matter said.
Bombardier says not in talks with Siemens on rail deal  Reuters Canada
Bombardier denies report of rail merger with Siemens  CBC.ca
Facebook profit falls 9 percent as costs soar
(Reuters) - Facebook Inc reported a 9 percent fall in quarterly profit as it spent heavily to boost mobile revenue and develop products such as messaging service WhatsApp, photo-sharing app Instagram and virtual reality headset maker Oculus Rift ...
Facebook lifts second quarter revenue 39pc  The Australian
Calgary home prices expected to fall slightly this year
Housing prices in Calgary won't be dropping dramatically despite fewer sales and uneasiness about the slumping economy, says the local real estate board.
Calgary housing prices expected to slip in second half of 2015  Calgary Herald
CREB releases mid-year forecast  News Talk 770 Calgary
US sets new final rule on oil, ethanol trains
WASHINGTON, July 29 The Obama administration on Wednesday released a new final rule aimed at preventing explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec.
Canada, US finalize new rail safety rules to avoid future derailments  The Globe and Mail (subscription)
Transport Canada approves rules to secure trains in response to Lac-M�gantic  CBC.ca
NS mill says it plans to fight US decision on paper subsidies
PORT HAWKESBURY, N.S. -- A Canadian paper mill that relies on exports to the United States to maintain more than 330 jobs at its Cape Breton mill says it will fight hard against a decision by the U.S.
Irving hit by US subsidy investigation  CBC.ca
Tariff can be placed on some paper from Canada  Washington Times
Phase 1 cleanup done at site of BC's Mount Polley mine disaster: ministry
VANCOUVER - The company responsible for last summer's collapse of a tailings dam at the Mount Polley mine site has completed the first stage of a massive recovery operation.
Phase 1 of cleanup done at B.C. mine disaster  Agassiz-Harrison Observer
TransUnion expects spike in debt delinquencies in Alberta, Saskatchewan
Alberta and Saskatchewan will soon see a 'sharp' increase in the number of people falling behind on their debts for the rest of this year, credit agency TransUnion says.
Alberta, Saskatchewan about to see 'sharp' increase in credit ...  Financial Post
Personal bankruptcies rise as oil prices drop: report  News Talk 650 CKOM