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Canadian markets news

Oil moves higher, pushing Canadian dollar above 80 cents
Oil prices rose Tuesday after Saudi Arabia boosted the price of its output to Asian and U.S. buyers and as fighting threatened oilfields in Libya.
Oil up on Libya; US crude volatile before inventory data  Reuters
Oil Glut at a Glance: Where the US Stores Its Oil  ABC News
STLtoday.com  
Canada's Economy Expands at Faster-than-Expected Pace
OTTAWA�Canada's gross domestic product rose at a faster-than-expected clip in the fourth quarter, suggesting the economy held up relatively well even as prices for oil�one of Canada's main exports�were sliding.
Canada's GDP grew 2.4% in final quarter of 2014, beating forecasts  CBC.ca
Stephen Poloz's market muddling messages threaten Bank of Canada ...  Financial Post
CANADA STOCKS-TSX tracks weaker US stocks, banks lead declines
TORONTO, March 3 (Reuters) - Canada's main stock exchange retreated on Tuesday in a broad decline led by the Bank of Nova Scotia, which reported a lower-than-expected quarterly profit, and a sell-off in shares of Valeant Pharmaceuticals International Inc ...
Toronto stock market pulls back; dollar rises  Times Colonist
Canada Stocks Fall as Scotiabank Leads Drop in Financials  Bloomberg
Peter Buchanan, CIBC senior economist, dies of heart attack at 62
THE CANADIAN PRESS/Nathan Denette�[Buchanan] was the quiet genius in our group,� Avery Shenfeld, CIBC chief economist, said by telephone Tuesday from Toronto.
Peter Buchanan, CIBC Senior Economist, Dies of Heart Attack  Bloomberg
TSX listed corporate dividends and distributions declared March 3
Bank Of Nova Scotia (the) Fltg Pr (TSX:BNS.PR.B): $0.163625. Payable Jan 28. Record Jan 06.<. Bank Of Nova Scotia (the) Fltg Pr (TSX:BNS.
UPDATE 2-Scotiabank profit misses expectations, shares drop  Reuters
Scotiabank increases Q1 profit to $1.73B; looks to Mexico for growth  Winnipeg Free Press
Canada's BCE Reaches Pension Risk Deal With Sun Life
Canadian communications company BCE Inc. is taking further steps to strip risk out of its pension obligations by striking a multibillion-dollar deal to transfer what it calls �longevity risk� to insurer Sun Life Financial Inc. Toronto-based Sun Life, Canada's ...
Sun Life to Take on $4 Billion Pension Risk in BCE Transfer  Bloomberg
Telecoms firm BCE to shift pension fund longevity risk to Sun Life  Reuters
Canadians take on even more debt, says new report calling for vigilance
Undeterred by a weakening economy and warnings to curb their borrowing, Canadians pulled out their credit cards and piled on more debt at the end of last year.
Canadian consumer debt, including mortgages hits $1.53 trillion: Equifax  Calgary Herald
Equifax Canada Cautions Consumers on $1.5 Trillion Debt and Growing  MarketWatch
First Nations revenue sharing must be priority for Ottawa, panel argues
A joint First Nations and federal government working group on natural resources has issued its final report, urging Canada to make resource revenue sharing a priority going forward.
AFN-Ottawa working group calling for focus on royalty resource revenue sharing  APTN National News
Resource revenues could lift some First Nations out of poverty, report urges  The Globe and Mail
Average home price in Metro Vancouver continues to rise
METRO VANCOUVER - The average price of a home in Metro Vancouver went up again last month, and sales remain strong, according to the Real Estate Board of Greater Vancouver.
Vancouver Home Sales Continue Surge  Vancity Buzz
Vancouver home sales surge 20% as buyers battle it out in Canada's most ...  Financial Post
SUV Sales Plow Through February
Poor weather conditions modestly dented the pace of U.S. auto sales in February, but did little to sour America's increasing thirst for the trucks and SUVs that tend to be pricier than passenger cars.
Sluggish February US car sales blamed on blustery weather  Reuters
Winter Weather Depresses February Auto Sales  New York Times