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Canadian markets news

Canadian dollar tops 76 cents US as Poloz comments raise spectre of rate hike
The Canadian dollar gained three-quarters of a cent and hit its highest level in four months on Wednesday after Canada's central bank head hinted in an interview that rate hikes could be coming sooner rather than later.
Loonie sprints for 77� as end nears for era of ultra-low interest rates  The Globe and Mail
July rate hike odds, loonie jump on Poloz's hawkish hints  Financial Post
Reuters Canada  
Google must block search results of tech company worldwide, Supreme Court rules
Google is prohibited from displaying the websites of a company accused of counterfeiting a Canadian technology company's products, the top court determines.
Canada's top court backs order for Google to remove firm's website ...
Canada's top court upholds worldwide injunction against Google  The Globe and Mail
At midday: TSX higher as banks, consumer stocks rise
Canada's main stock index rose higher on Wednesday led gains for financial stocks and grocery operator Empire Co Ltd. The most influential movers on the index were the big financial stocks, which rose as investors increased their bets that the country ...
TSX rises with financials, resource stocks weigh  Reuters Canada
CANADA STOCKS-TSX rises as financials benefit from rate hike bets  Nasdaq
ABC: Settlement reached in 'pink slime' defamation lawsuit
ABC says it has reached a settlement with a South Dakota meat producer that filed a more than $1 billion lawsuit US against the network over its reports on the company's lean, finely textured beef product that critics dubbed "pink slime.
ABC settles suit over what it had called 'pink slime'  CNNMoney
The $5.7 billion 'pink slime' lawsuit against ABC was just settled ...  Business Insider
Canada Pension Plan arm commits up to $1 billion to US energy partnership
TORONTO - The Canada Pension Plan Investment Board says it will commit up to $1 billion to a partnership with a Texas company which will buy oil and gas producing assets in the United States.
Canada Pension Plan arm commits up to $1 billion to buy oil assets in US  Calgary Herald
CPPIB commits equity for US oil and gas acquisitions  Benefits Canada
'Roll Up The Rim' returns: Tim Hortons contest back for Canada 150
As you grab your usual double-double from your local Tim Hortons you might notice something a little different about your cup. That familiar yellow arrow directing coffee-drinkers to roll up the tab of their cup to see if they've won a prize is back ...
Tim Hortons Brings Back 'Roll Up The Rim' To Prove We've Reached ...  Huffington Post Canada
Roll Up The Rim is back for Canada Day
SEC fraud charges filed against Penn West, three former finance execs
CALGARY - Two days after changing its name and vowing to put its scandal-tainted past behind it, the former Penn West Petroleum is being hit with charges by the U.S.
US SEC charges Penn West, three former execs with accounting fraud  BNN
US charges Penn West with accounting fraud  The Globe and Mail
Trump's name to come off Toronto hotel, condo
The entrance to the Trump International Hotel and Tower in Toronto is shown in this photo from December 2015. - The Canadian Press file photo.
Toronto Hotel Is Scrapping the Trump Name  New York Times
Toronto's Trump Hotel to drop President's name as property is rebranded  The Globe and Mail
'Straight-out con': Calgary man gets five years for defrauding his own company
A co-founder of a Calgary oil and gas company was sentenced to five years in prison after pleading guilty to fraud for stealing close to $5 million from the company.
Co-founder of Calgary oil company gets five years in prison for stealing $5M ...  Calgary Herald
US pending home sales slip for 3rd straight month
FILE - In this Thursday, April 27, 2017, file photo, an "Under Contract" sign is posted in front of a home for sale in Charlotte, N.C.
Pending home sales tumble as supply crisis worsens  CNBC
California pending home sales stumble for fifth straight month in May, CAR ...  PR Newswire (press release)