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Canadian markets news

Bank of Canada says low rates will 'mitigate' shock of battered oil prices
Patrick Doyle/BloombergThe bank is leaving its overnight rate - which guides lending levels between financial institutions - on hold at 0.75%, saying 'we judge that the current degree of monetary stimulus is still appropriate.
Bank of Canada holds firm on low rates, but gives little guidance for the ...  CBC.ca
Loonie closes almost half a cent higher in wake of rate decision  The Globe and Mail (subscription)
Bloomberg  
Canada's Encana plans share issue amid energy price slump
CALGARY, Alberta (Reuters) - Encana Corp (ECA.TO), Canada's largest natural gas producer, said on Wednesday it plans to raise up to C$1.44 billion ($1.16 billion) through a secondary share issue as the company looks to bolster a balance sheet ...
Encana Corp raising up to $1.25 billion in bought deal to cushion blow of ...  Financial Post
Encana Plans $1 Billion Stock Sale to Trim Debt  Bloomberg
Canadian Pacific wants to limit shipments of dangerous goods
Canadian Pacific Railway Ltd. wants the power to refuse to haul dangerous goods, a signal it has grown weary of the risks and regulations that accompany the business of hauling oil.
Training managers to operate trains will give CP Rail leverage in event of ...  Calgary Herald
Letter: Railways and government committed to rail-network safety  Montreal Gazette
Honest Ed's site reimagined: Eight things to know about new development plan
Since 1948, Honest Ed's has presided over the corner of Bloor and Bathurst streets, but in 2017, the landmark store will shut its doors.
Proposal for Honest Ed site a deal we can't refuse: Hume  Toronto Star
Development plan to replace Honest Ed's called a 'game-changer'  Globalnews.ca
Business leaders meet in Calgary discuss oil prices
At the beginning of the year, the Conference Board of Canada predicted Alberta will go into recession. Members of the Board met in Calgary at the Palliser Hotel and Chief Economist, Greg Hodgson says that prediction may have been optimistic.
It's a boom-bust economy in Alberta and the Conference Board of Canada ...  CBC.ca
Bleak looking forecast from Conference Board of Canada on Alberta's future  660 News
Toronto's housing-price boom is a sign the city is thriving
Gnashing of teeth and rending of garments followed the news that the average price of a detached home in Toronto has jumped above $1-million for the first time.
Million-dollar homes a new trend in some Canadian cities  CTV News
Toronto housing prices nearly triple since 1970s  Toronto Star
Alliston, Ont. to get new auto parts plant
Howa is based in Japan and supplies interior trim to many Japanese vehicle manufacturers, including Honda, Mitsubishi, Hino and Toyota.
New auto parts plant coming to Alliston  CTV News
New Parts Supplier Attracted To Ontario  Windsor Square
Women earn about 40% less than men in Alberta: report
WATCH ABOVE: According to a new report, the wage gap between men and women in our province is heading in the wrong direction. Tom Vernon reports.
Alberta has nation's biggest wage gap for women, report says  CBC.ca
Bombardier cancels investor day as potential CSeries customer walks away
Shareholders who have stuck it out through the 44% decline in Bombardier Inc's stock price this year may not be rewarded with the chance to question management at an investor day.
Bombardier to exhibit delayed C Series jet at Paris air show  bnn.ca
Fewer Manitobans add to RRSPs: BMO
Fewer Manitoba/Saskatchewan residents contributed to their RRSPs this year, but the average amount contributed was higher, according to a new Bank of Montreal survey.
Fewer Canadians Contribute To RRSP  640 Toronto News
Fewer Canadians contributing to RRSPs, but average contribution rises: BMO ...  Financial Post