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Canadian markets news

TD Bank increases its Q3 net profit, gets a boost from retail banking
TORONTO - TD Bank (TSX:TD) reported a higher third-quarter net profit of $2.1 billion, with strong results from its Canadian retail banking operations.
CIBC profit rises 5% on investment banking, wealth management  The Globe and Mail
TD Bank reports stronger profit on retail, capital market gains  Reuters Canada
Nanaimo Daily News   Related articles »  
CANADA STOCKS-TSX slips after TD, CIBC drop after results
... * TSX down 22.76 points, or 0.15 percent, at 15,579.89 * Six of 10 main index sectors decline * TD slips 0.6 percent, CIBC falls 2.7 percent By John Tilak TORONTO, Aug 28 (Reuters) - Canada's main stock index declined on Thursday as shares of Toronto ...
Canadian Stocks Fall for Second Day as Banks Retreat on Earnings  Businessweek
TSX little changed after TD, CIBC report results  Reuters Canada
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Burger King Worldwide Inc announces deal to buy Tim Hortons
The combined Burger King and Tim Hortons will have about $23 billion in sales and more than 18,000 restaurants in 100 countries, allowing both chains to expand globally.
Burger King/Tim Horton's deal a reminder that business taxes matter  Troy Media
A solution to Burger King-like inversions: sales-based tax rates  Christian Science Monitor
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JPMorgan probes possible cyber attack; reports other banks hit
A sign outside the headquarters of JP Morgan Chase & Co in New York REUTERS/Mike Segar/Files. Tweet. Change text size for the story; Print this story.
Did Russians hack US banks?  Toronto Star
FBI investigates alleged Russian cyber attack on Wall Street  Telegraph.co.uk
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Canada's second quarter current account deficit narrows slightly
OTTAWA (Reuters) - Canada's current account deficit in the second quarter narrowed slightly to C$11.87 billion ($10.89 billion) on stronger investment income, Statistics Canada said on Thursday.
UPDATE 1-Canada's Q2 current account deficit narrows slightly  Reuters
Canada Jun Wkly Earnings +3.3% Y/Y, Largest Gain Since Sept'12  MNI News
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Statscan cites flawed survey update for jobs error
Statistics Canada's investigation into the initial miscalculation of July's jobs numbers found the issue was related to a major redesign of Canada's Labour Force Survey, as well as employees' ´┐Żincomplete understanding´┐Ż of processing systems.
Canadian Jobs Error Was Caused by Botched Program Update  Businessweek
Statistics Canada: Here's What Went Wrong With July's Jobs Report  Business in Canada
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Laurentian Bank profit misses estimates due to lower interest income
(Reuters) - Laurentian Bank of Canada (LB.TO: Quote) reported a weaker-than-expected quarterly profit, hurt by fewer high-margin personal loans and lower prepayment penalties on residential mortgage loans.
Laurentian Bank Reports Third Quarter Results  Wall Street Journal
Laurentian Bank posts higher third-quarter profit  The Globe and Mail
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PetroChina president says $1.23-billion payment to Athabasca will be made soon
PetroChina says it will soon pay Canadian energy firm Athabasca Oil Corp. more than $1-billion for a 40% stake in the Dover oil sands project.
PetroChina first-half profit up 4 per cent as gasoline, natural gas sales rise  Calgary Herald
PetroChina First Half Net Profit Up 4%, Helped by Fuel Price Reforms  Wall Street Journal
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Is Toronto growing too fast?
Toronto council approved nearly 7,000 condo units to be built in the downtown core this week, adding to the already 70,000 that are waiting to be built.
Toronto's 'Manhattanization': Downtown development growing at ...  National Post
Toronto is experiencing a 'Manhattanization' of its downtown core  The Globe and Mail
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Housing more affordable in second quarter amid low mortgage rates
TORONTO - The Royal Bank (TSX:RY) says housing was more affordable across Canada in the second quarter as low mortgage rates offset solid price increases.
Ontario saw some reprieve from deteriorating housing affordability trend in ...  Wall Street Journal
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