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Canadian markets news

Yellen Makes It Clear That Fed's Patience on Rates Has Limits
Federal Reserve Chair Janet Yellen restored clarity to the central bank's monetary policy plans, saying it was on course to raise interest rates, though not right away, after officials issued a statement that some Fed-watchers found confusing.
South Korea's Won Weakens as Yellen Signals Fed to Raise Rates  Businessweek
Dovish Fed Comments Send Markets Soaring  New York Times
The Australian   Related articles »  
TSX closes up 352 points in strongest day this year
The Toronto stock market soared 352 points on Wednesday, its largest one-day jump this year, after the U.S. Federal Reserve calmed fears on interest rates.
TSX surges 2.5 percent as oil shares rebound; Sherritt jumps  Reuters Canada
Canadian Stocks Jump Most Since 2011 as Oil Shares Rally  Businessweek
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MEG Energy slashes 2015 spending plan by three-quarters, shares jump
CALGARY, Alberta Dec 17 (Reuters) - Oil sands developer MEG Energy Corp said on Wednesday it will slash the 2015 capital budget it released less than two weeks ago by three-quarters, as it copes with tumbling oil prices, sparking a 24 percent jump in its ...
Meg Energy slashes 2015 spending plan  Stockhouse
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EU lawmakers fail to approve tar sands oil veto
... * Committee of politicians vetoed the plan previously. * Canada welcomes decision. By Barbara Lewis. BRUSSELS, Dec 17 (Reuters) - An attempt by some European politicians to veto the import of tar sands oil failed on Wednesday after a European ...
Oilsands exporters dodge European vote  Chilliwack Times
Canadian Oil Sands Avoid �Dirty� Label From the EU  MarketPulse (blog)
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'Pragmatic' Cuban leader felt like it was time to talk
It is a Cold War stand-off that for decades has suited the leaders of both countries. In Havana, the US trade embargo has provided an easy excuse for the failings of its communist economy and propaganda fodder for long-time dictator Fidel Castro.
UPDATE 1-Some big stock market winners emerge from Obama move on Cuba  Reuters
Is Cuba the next hot travel destination for Americans? Tour operators ...  Washington Post
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'Unprecedented' flood to blame for Bonnybrook Bridge failure, train derailment in ...
Crews work at the scene of a rail bridge collapse and railcars derailment over the Bow River, southeast of downtown Calgary, Alberta on Thursday, June 27, 2013.
CP Rail cleared of responsibility in Calgary bridge collapse  Sun News Network
Bonnybrook bridge failure 'unprecedented', TSB probe concludes  CBC.ca
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Year in review with Premier Christy Clark
In a year-end interview, Premier Christy Clark discussed major milestones and the events of 2014. Here are some excerpts from the premier's interview with Unfiltered's Jill Krop on the following topics: Story continues below.
Brian Hutchinson: Christy Clark approves latest big project � BC's most ...  National Post
Battle over BC mega dam heading to courts  APTN National News
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Newspaper transactions inclide Langley Advance
Black Press has acquired a number of newspaper titles and related publications and digital properties from Glacier Media, including the Langley Advance.
Langley Advance sold in newspaper deal  Langley AdvanceNews
Black Press, Glacier Media swap newspapers in Metro Vancouver, Vancouver ...  Vancouver Sun
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Executive director of Vancouver party COPE resigns over campaign mistake
The executive director for the Coalition of Progressive Electors has resigned over the mishandling of campaign contributions during Vancouver's recent civic election.
COPE's executive director resigns over election campaign donations  Vancouver Sun
COPE exec director resigns over 'developer' donation  MetroNews Canada
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Hudson's Bay hires former Toys �R� Us chief
TORONTO - Hudson's Bay Co. says it will have a new chief executive officer starting next month, although the man who currently holds the position will remain as governor and executive chair as the company explores opportunities to expand to new ...
Hudson's Bay steps up international expansion plan with new management team  The Globe and Mail (subscription)
Hudson's Bay names Toys R Us former CEO as new head  Reuters
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