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Canadian markets news

Fed Sets Stage for Rate Hikes in 2015
Federal Reserve Chairwoman Janet Yellen, shown in October, guided the central bank through the end of a bond-buying stimulus program this year.
Fed confident on US growth, opens door wider to rate hike  Reuters
US Fed says it can be 'patient' on rate hike  CBC.ca
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TSX surges 2.5 percent as oil shares rebound; Sherritt jumps
TORONTO (Reuters) - Canada's main stock index had its biggest one-day jump in more than three years on Wednesday as a rebound in oil prices sent its heavily weighted energy sector up by more than 7 percent.
Canadian Stocks Jump Most Since 2011 as Oil Shares Rally  Businessweek
Most actively traded companies on the TSX  Winnipeg Free Press
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MEG Energy slashes 2015 spending plan by three-quarters, shares jump
CALGARY, Alberta Dec 17 (Reuters) - Oil sands developer MEG Energy Corp said on Wednesday it will slash the 2015 capital budget it released less than two weeks ago by three-quarters, as it copes with tumbling oil prices, sparking a 24 percent jump in its ...
Meg Energy slashes 2015 spending plan  Stockhouse
Meg Energy has second thoughts about 2015 spending plan, cuts it by 75%  Lethbridge Herald
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Oilpatch firms slash 2015 budgets
CALGARY�Three Canadian oil and gas firms say they'll rein in spending next year in the face of free-falling oil prices. Penn West Petroleum Ltd.
EU lawmakers fail to approve tar sands oil veto  Reuters
Canadian oilsands exporters narrowly survive vote in European Parliament  Winnipeg Free Press
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'Unprecedented' flood to blame for Bonnybrook Bridge failure, train derailment in ...
Crews work at the scene of a rail bridge collapse and railcars derailment over the Bow River, southeast of downtown Calgary, Alberta on Thursday, June 27, 2013.
CP Rail cleared of responsibility in Calgary bridge collapse  Sun News Network
Bonnybrook bridge failure 'unprecedented', TSB probe concludes  CBC.ca
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Executive director of Vancouver party COPE resigns over campaign mistake
The executive director for the Coalition of Progressive Electors has resigned over the mishandling of campaign contributions during Vancouver's recent civic election.
COPE's executive director resigns over election campaign donations  Vancouver Sun
COPE exec director resigns over 'developer' donation  MetroNews Canada
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Hudson's Bay hires former Toys �R� Us chief
TORONTO - Hudson's Bay Co. says it will have a new chief executive officer starting next month, although the man who currently holds the position will remain as governor and executive chair as the company explores opportunities to expand to new ...
Hudson's Bay steps up international expansion plan with new management team  The Globe and Mail (subscription)
Hudson's Bay names Toys R Us former CEO as new head  Reuters
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Black Press, Glacier Media strike deal to swap BC community newspapers
Black Press and Glacier Media Inc. have struck deals to swap more than a dozen community newspapers and digital titles in British Columbia, concentrating media ownership across Vancouver Island and the Lower Mainland.
Black Press, Glacier Media swap newspapers in Metro Vancouver, Vancouver ...  Vancouver Sun
Glacier and Black Press newspaper deal reduces competition in Lower ...  Straight.com
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SFU professor, Kinder Morgan protester Lynne Quarmby to seek Green Party ...
METRO VANCOUVER - When Lynne Quarmby marched up Burnaby Mountain to protest Kinder Morgan's pipeline plans last month, she had no idea it would lead to a run for federal politics.
Burnaby Mountain protester seeks Green nomination in new North Vancouver ...  North Shore News
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New Brunswick Liberal government seeks to 'optimize' number of schools
FREDERICTON - New Brunswick's finance minister promised Wednesday to carefully decide how public funds will be spent, including expenditures on schools, as he tabled the capital budget for the 2015-16 fiscal year.
NB: Province to spend $597.1M on infrastructure  Daily Business Buzz
Capital budget invests $597.1 million to spur job creation, economic growth  Sackville Tribune Post
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