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Canadian markets news

Small carriers to get first crack at telecom spectrum
In a series of announcements designed to underline its commitment to promoting competition in the telecom industry, Ottawa confirmed it will reserve the majority of cellular airwaves in an upcoming public auction for small wireless carriers.
UPDATE 2-Canada unveils major wireless spectrum plan  Reuters
Ottawa promises new spectrum measures to attract new carriers  Toronto Star
Businessweek   Related articles »  
CANADA STOCKS-TSX extends gains, led by Couche-Tard, resource stocks
TORONTO Dec 18 (Reuters) - Canada's main stock index finished higher on Thursday, bolstered by stronger resource stocks and a surge in Alimentation Couche-Tard shares after it announced it will buy smaller U.S.
TSX racks up another triple-digit gain, Dow jumps 421 points on Fed comments  Financial Post
Most actively traded companies on the TSX  Winnipeg Free Press
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Shale gas moratorium details unveiled by Brian Gallant
A moratorium on all forms of hydraulic fracturing in New Brunswick is being put in place by Brian Gallant's government. The bill to impose the moratorium is to be introduced in the legislature on Thursday afternoon.
New Brunswick government introducing moratorium on hydraulic fracturing  Canadian Underwriter
New Brunswick fracking moratorium raises industry ire, pleases environmentalists  Montreal Gazette
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RBC to pay $35 million to settle US lawsuit on trading scheme
NEW YORK (Reuters) - Royal Bank of Canada has agreed to pay $35 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission that accused it of running an illegal trading scheme to gain lucrative Canadian tax benefits.
Royal Bank of Canada to Pay $35 Million Penalty for Illegal Futures Trading  Wall Street Journal
Royal Bank to Pay $35 Million to End CFTC Wash-Trade Suit  Bloomberg
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Sugar-coated Saputo deal for Mexican food giant
Jos Louis, the cream-and-chocolate treat baked in Quebec and loved by generations of Canadians, is now part of a global food giant headquartered in Mexico City.
Saputo's snack cake business bought up by Mexican-owned Grupo Bimbo  Financial Post
Bimbo Rises Most in 15 Months on Saputo Bakery Purchase  Bloomberg
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Enbridge restarts 796000 bpd Line 4 oil pipeline
CALGARY, Alberta Dec 18 (Reuters) - Enbridge Inc, Canada's No.1 pipeline company, said on Thursday it has restarted the largest crude-oil export pipeline to the United States, a day after shutting its Line 4 because of a 1,350 barrel spill at its Regina, ...
Crude oil leak at Enbridge facility in Regina contained, company says
Regina pipeline leak disrupts Canadian, US oil supplies  Calgary Herald
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Cary-based Pantry to be acquired by Canadian chain
The Pantry, the Cary-based convenience store chain that operates primarily under the Kangaroo Express brand, is being acquired by a Canada-based chain for $860 million.
SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The ...  Digital Journal
Analysts Weigh In on Couche-Tard, Pantry Deal
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Loonie up, US Fed vows to be 'patient' in raising interest rates, oil lower
TORONTO -- The Canadian dollar closed higher Thursday, but off session highs as oil prices turned lower while the greenback was generally lower after the U.S.
Asian Morning Briefing: Dow Soars Despite Oil's Fall  Wall Street Journal
US STOCKS SNAPSHOT-S&P 500 posts biggest gain since Jan 2013; tech leads  Reuters
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Girling Duels Obama on Keystone Export Debate Amid Glut
Russ Girling's Keystone XL saga is taking a new twist with a global glut of cheap oil. The criticism the chief executive officer of TransCanada Corp.
TransCanada's Keystone fight turns to exports as oil glut weighs
Low oil prices: Industry has survived worse than latest downturn  Beacon News (blog)
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Soci�t� G�n�rale CEO Oud�a stresses European unity, 'financial solidarity'
The euro lives on and the sovereign debt crisis has stabilized, but Europe and its financial institutions will wrestle with turmoil of all stripes over the next decade, according to one of the region's most vocal bank heads.
SocGen chief calls for stronger integration of Russia in Europe  Financial Post
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