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Canadian markets news

Agropur adds US firm and projects US$1 billion in annual sales
MONTREAL - Quebec dairy cooperative Agropur is making a bold move south of the border by acquiring the dairy-processing assets of Davisco Foods International, a privately held cheese and dairy ingredients company based in Le Sueur, Minn.
M&A-hungry dairy co-op Agropur in Davisco deal (subscription)
Cheese firm Davisco sold to Canadian dairy co-op  Minneapolis Star Tribune
Minneapolis / St. Paul Business Journal   Related articles »  
UPDATE 3-Five held in China food scandal probe, including head of Shanghai ...
... * Five Shanghai Husi staff detained include head and quality chief - police. * Food safety violations at Husi were company-led, not individual acts - watchdog.
Five held in China food scandal probe  The Globe and Mail
China detains five in meat probe  Financial Times
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Closing Bell: TSX reaches record high with boost from CN Rail
TORONTO - A strong earnings report from Canadian National Railway helped push the Toronto stock market to a fresh record high close Tuesday as traders put geopolitical concerns aside for the moment and concentrated on the health of corporate North ...
CANADA STOCKS-CN Rail results help drive TSX to record high  Reuters
CN Rail results help drive TSX to record high  Reuters Canada
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British Airways Defies Advisory, Keeps Tel Aviv Service
British Airways (IAG) said flights to Tel Aviv will continue as planned, defying a European Aviation Safety Agency recommendation that services to the Israeli city should be suspended following rocket attacks there.
Kerry lands in Israel to pursue Gaza ceasefire  Reuters
John Kerry flies to Israel to push for ceasefire  The Guardian
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Lac-Megantic's 'train from hell' goes to auction
MONTREAL -- It's been known to belch oil from its exhaust, it's caught fire at least once and it led the "train from hell" that smashed into Lac-Megantic, killing 47 people.
Lac-M�gantic's 'train from hell' goes to auction  The Globe and Mail
QuickFacts on Lac-Megantic locomotives  News1130
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BCE to privatize affiliate Bell Aliant
This news release contains forward-looking statements. For a description of the related risk factors and assumptions please see the section entitled "Caution Concerning Forward-Looking Statements" later in this release.
Canada's BCE to take Bell Aliant private  Reuters
BCE Inc. says it's privatizing region telecom affiliate Bell Aliant  Courier Islander
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Former Sino-Forest CFO barred from serving as director of public company
The Ontario Securities Commission has permanently banned the former chief financial officer of Sino-Forest Corp. from serving as a director or officer of a public company.
Sino-Forest CFO to testify against executives of failed company
Former executive of collapsed Sino-Forest settles with OSC  The Globe and Mail
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Alberta regulator says CNRL steam extraction caused bitumen leaks
Canadian Natural Resources Ltd.'s method of injecting large volumes of high-pressure steam in closely spaced wells was a �fundamental cause� of the long-running bitumen surface leaks that began last year at its Primrose site, Alberta's energy regulator ...
AER says more spill safeguards needed before Primrose returns to normal  680 News
AER says Primrose bitumen leaks preventable  Calgary Herald
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Allergan Will Cut About 1500 Jobs in Restructuring
Allergan Inc. (AGN), the drugmaker fending off a takeover by Valeant Pharmaceuticals International Inc. (VRX), will cut 1,500 jobs and may use the savings for an acquisition, its chief executive officer said.
Allergan to Lay Off 13% of Workforce, Cut Drug Research  Wall Street Journal
TSX just off record high, Valeant rises  Reuters Canada
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TD says Bank of Canada may sound dovish, but won't cut interest rates
OTTAWA - Bank of Canada governor Stephen Poloz is often accused of sounding dovish - to keep the loonie in check - but that won't lead to lower interest rates, says the TD Bank in a new analysis.
Bank of Canada keeps low interest rate possibilities alive  The Globe and Mail
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