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Canadian markets news

TSX jumps as investors cheer oil data; Fed in spotlight
TORONTO (Reuters) - Canada's main stock index jumped on Wednesday, helped by gains in banks, railways and oil companies as crude prices bounced from near six-month lows and the Federal Reserve left the door open for a September interest rate hike.
CANADA STOCKS-TSX jumps as investors cheer oil data; Fed in spotlight  Reuters
TSX closes higher as oil price rise boosts energy sector  Financial Post
The Globe and Mail  
Home Capital says it cut ties with 45 mortgage brokers after discovering ...
Tyler Anderson/National PostHome Capital Group CEO Gerald Soloway. Home Capital has been the target of a number of U.S. short sellers recently as questions linger around a sharp drop in new mortgages and its split with a number of brokers.
Home Capital says it cut ties with 45 mortgage brokers after discovery of ...  Montreal Gazette
Home Capital cut ties with dozens of mortgage brokers over falsified documents  The Globe and Mail (subscription)
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.
Train-making in Derby in doubt as Siemens talks to Bombardier  The Times (subscription)
Bombardier denies report of rail merger with Siemens  CBC.ca
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
Where to travel with the falling Canadian dollar
Where should Canadian travellers concerned about the declining dollar go? Trips to their favourite destination, the U.S., will cost about 10 per cent more than at the beginning of the year, since the Canadian dollar fell from about 86 cents U.S.
CANADA FX DEBT-C$ dips on lack of clarity on Fed rate move  Reuters
Cross-border shopping and travelling halted due to low loonie  Vancity Buzz
Mount Polley tailings pond cleanup completes first phase
The first phase of the cleanup operation triggered by the Mount Polley tailings pond collapse has been completed. On Aug. 4, 2014, the massive dam storing tailings from the gold and copper mine gave way, spilling 24 million cubic metres of mine waste ...
First stage of massive recovery completed at Mount Polley mine site  The Province
Mount Polley ready for restart  BCLocalNews
NDP government won't help cover cost of September snowstorm
The NDP government has refused to help the City of Calgary cover the cost of millions of dollars in damages after a freak snowstorm last September that affected thousands of homeowners and businesses.
Nenshi blasts NDP government for rejecting 'Snowtember' disaster ...  Calgary Herald
More RRFBs should mean fewer collisions at Calgary crosswalks, Nenshi hopes  MetroNews Canada
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 home prices expected to slip in second half of 2015  Calgary Herald
CREB releases mid-year forecast  News Talk 770 Calgary
Tip Top Tailors owner acquires Jones New York stores in Canada: 'I didn't want ...
Tyler Anderson/National PostA view of the Jones New York factory store in Vaughan, Ontario, Wednesday July 29, 2015. Twitter · Google+ · LinkedIn · Email · Typo?
Grafton Fraser acquires Jones New York stores across Canada  The Globe and Mail (subscription)
Jones New York saved from closure  OurWindsor.ca
Officials issue water warnings as long weekend expected to be hot and dry
With more hot weather forecast for the holiday long weekend, Metro Vancouver is reminding residents to continue to conserve water, noting that recent rains were not enough to replenish the region's reservoirs.
Snitches 'out' neighbours on wasteful water usage  Business in Vancouver
DIG DEEP: Water restrictions in effect  North Shore News