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Canadian markets news

Valeant challenges TD Bank to become Canada's second-largest stock
Valeant Pharmaceuticals International Inc., the top performer in Canada's benchmark equity gauge this year, is challenging Toronto-Dominion Bank's position as Canada's second-largest stock.
UPDATE 3-CIBC reports better-than-expected profit, raises dividend  Reuters
Canada Banks Rely on Capital Markets to Top Profit Estimates  Bloomberg
Wall Street Journal  
How to put your tax refund to good use
As another tax season is behind us, Canadians are getting their tax refunds. While some make good use of the refunds, many do not.
Doubling TFSA contributions wrong  Yorkton News Review
Air Canada gets lift from Air China link, hits 52-week high
Air Canada (T.AC) hit a new 52-week high of $13.89 Thursday. Air China and Air Canada said today they are preparing for the launch of non-stop flights between Beijing and Montreal that will create the first transpacific direct link between Asia and Montreal.
Air Canada signs deal with Air China for Montreal-Beijing direct flights  Castanet.net
Air China to fly Beijing-Montreal non-stop  Business Traveller
Unionization rates falling
Few groups have felt the impact of the changing nature of the labour market as the union movement. This month's Canadian Megatrends looks at the journey of unions from the industrial base of the late 19th century to the white collar workplaces of today.
Unionization rate more stable for Canadian women than men  News1130
Canadian Oil And Gas Firms See Largest Profit Collapse On Record, And ' ...  Huffington Post Canada
Ontario's prospects remain bright: Conference Board
Ontario's economic prospects for 2015 remain bright despite getting off to a slower than expected start this year, the Conference Board of Canada says.
Recession unavoidable in Alberta this year, Conference Board says  CTV News
Oil-price drop has put Alberta's economy into 'tailspin,' ...  Edmonton Journal
WestJet flight attendants accept 5-year deal
CALGARY -- WestJet's almost 3,000 flight attendants have voted to approve a new five-year work agreement with the Calgary-based airline.
The Flight Attendant Association Board ratifies first agreement with WestJet  Canada NewsWire (press release)
WestJet flight attendants vote in favour of new agreement  CNNMoney
Many shoppers would pay up to 30 per cent more for local food
Buying local is a hot trend for six in ten Canadians - however they find the large grocery chains are failing to offer enough local food and beverages to meet demand, a new survey shows.
Buying Local is the New Canadian Trend  KamloopsBCNow
Buying Local is Extremely Important to Most Canadians  KelownaNow
Vancouver's Teck Resources announces temporary shutdown at Canadian coal ...
VANCOUVER - Teck Resources Ltd. is temporarily shutting down each of its six Canadian steelmaking coal mines for three weeks due to weak market conditions.
Teck's Cuts Won't Fire Up Coal Prices  Wall Street Journal
Teck to temporarily close six Canadian coal mines  The Globe and Mail
Laws banning bulbs and plastic bags haven't helped environment: Report
Banning incandescent light bulbs and plastic bags is a waste of time, suggests a new report from the Fraser Institute. The think-tank says these and other "superfluous and needlessly costly" environmental regulations imposed on Canadians have done little to ...
Report suggests government forking over too much cash to stay green  660 News
SportsDirect Inc. of Halifax acquired by Tribune Media's Gracenote
SportsDirect Inc. of Halifax has been acquired by American entertainment and sports data company Gracenote in a $54-million deal. Gracenote, a subsidiary of Tribune Media Company, announced the purchase of SportsDirect, headquartered in Bayers Lake, ...
Tribune Media buys sports data-crunchers for $54 million  USA TODAY
Halifax based sports data company acquired by U.S. entertainment firm  Cape Breton Post