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Canadian markets news

Tough rules for telcos unveiled
What else will be in the regulations regarding misleading and unclear promotions from TV, Internet and phone providers: A supplier will not be allowed to unilaterally amend a contract that does not benefit the customer.
Manitoba to crack down on misleading phone, internet service offers  CBC.ca
Province cuts confusion over internet, cable TV, phone fees  Globalnews.ca
Montreal Gazette   Related articles »  
Gas price drop likely temporary
Just when gas prices were flirting with record highs, prices through the region dropped roughly nine cents this afternoon. But don't expect them to stay that low.
Rising Gas Prices  Beartooth NBC
Gas pains will get worse before levelling off  Ottawa Sun
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Toronto-based e-reader Kobo lays off 63 people
Toronto-based e-reader company Kobo laid off 63 people on Thursday, only a few weeks after appointing a new president, amid what it called �organizational changes.
Kobo Cuts Over 60 Positions  Publishers Lunch Deluxe (subscription)
Breaking: Kobo Makes Organizational Changes in Toronto  Good E-Reader (blog)
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Toronto street signs up for auction
TORONTO -. Toronto residents will have the chance to bid on a piece of the city next week. The City of Toronto announced Thursday that decommissioned street signs will be up for auction starting Monday.
Old Toronto street signs to go up for auction  MetroNews Canada
Home News City of Toronto to sell decommissioned street...  insideTORONTO.com
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CIBC Seeks Next Leader as CEO McCaughey Plans to Retire in 2016
Gerald McCaughey, who cut risk as head of Canadian Imperial Bank of Commerce after costly missteps in the 2000s, plans to retire in two years.
How CIBC chief executive Gerry McCaughey made boring lucrative  Financial Post
CIBC's future has to include more risk  The Globe and Mail
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Sears Canada CEO wants to get real: 'Our guy isn't going to wear pink denim or ...
By David Friend. TORONTO - Sears Canada isn't interested in stocking high-priced runway styles and lavish decor because it's not what middle-class shoppers want to buy, chief executive Douglas Campbell says.
Sears Canada CEO works to rebalance top-heavy executive structure  Financial Post
Sears Canada plans upgrades to online shopping system  TheChronicleHerald.ca
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Bank of Canada Governor expects inflation and interest rates to stay low
Bank of Canada Governor Stephen Poloz's prediction of an unusually plodding recovery is rooted in what he calls a �hot-and-not� economy.
Canadians can bank on low interest rate for years to come: Poloz  Calgary Herald
Reality Sinking In At The Bank Of Canada  Seeking Alpha
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Police in Abbotsford, Mission investigating fires
Investigations are underway into eight suspicious fires in Abbotsford and the neighbouring community of Mission, where three fires happened early Thursday.
RCMP investigating string of arsons in Mission  MetroNews Canada
Arson suspect sought in 3 Mission fires  CBC.ca
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Equestrian park, camping area set to reopen in May
OTTAWA - The former Nepean National Equestrian Park and the adjacent camping area will reopen next month, the next big step in a non-profit foundation's $20-million initiative to redevelop the Greenbelt properties.
Parts of new Ottawa equestrian complex to open next month  CBC.ca
$20M equestrian plan could give royal swans winter digs  Ottawa Sun
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Potash Profit Tops Estimates as Market Begins to Stabilize (3)
Potash Corp. of Saskatchewan Inc., the largest North American producer of its namesake fertilizer, posted better-than-expected first-quarter earnings and sales as the market for the commodity began to recover following last year's price plunge.
PotashCorp beats Q1 earnings estimates  The Northern Miner (subscription)
PotashCorp has Q1 earnings of US$340 million, says market conditions improving  Calgary Herald
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