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Canadian markets news

Tim Hortons pressured by another US hedge fund
Tim Hortons Inc. - already dealing with slumping sales that it blames on the slow economy and $1 drinks at competitors - faces new pressure from a second U.S.
UPDATE 1-Tim Hortons pressed by a second hedge fund, shares jump  Reuters
Fed optimism, Tim Hortons lift TSX to 1-week high  Reuters Canada
CBC.ca   Related articles »  
Asian markets tense before Fed; Nikkei outperforms
By Ian Chua. SYDNEY (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street and a softer yen, outperforming the rest of Asia which anxiously waited for clarity on the U.S.
Asian Stocks Advance as Topix Rallies on Japanese Exports  Bloomberg
Gulf Markets Seen Cautious Ahead of Fed Outcome  Wall Street Journal
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Verizon confirms it is weighing expansion into Canada
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
US wireless giant confirms interest in Canada  Toronto Star
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YVR promotes former fighter pilot Craig Richmond to president, CEO
A former fighter pilot with experience running airports around the world has been named the new head of Vancouver International Airport.
Vancouver airport CEO takes aim at cross-border travellers  CBC.ca
Vancouver Airport Authority appoints new president and CEO  CAPA - Centre for Aviation
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Moncton mayor 'optimistic' after council votes to purchase Highfield Square
Moncton City Council crossed a major hurdle Monday night in their pursuit of a new downtown arena. Council members voted to purchase the Highfield Square property at a cost of $6.3 million, by a count of eight to two.
Moncton downtown centre moves ahead  CBC.ca
Moncton city council votes yes to Highfield Square purchase  globalnews.ca
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Wharncliffe Road South among 10 worst roads in Ontario
A London road has made the list of Ontario's Top 10 Worst Roads of 2013, based on a survey by the CAA. Wharncliffe Road South is the seventh worst, according to the auto club, and it may be costing drivers in the area more for repairs.
Toronto's Dufferin St. tops CAA survey of worst roads in Ontario  Toronto Star
Toronto's Dufferin Street named worst Ontario road again  CBC.ca
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Restaurant cap forges ahead in Parkdale
A move to cap the number of restaurants and bars on Parkdale's popular Queen Street strip has cleared its first hurdle and is gaining attention as a model for controlling growth in other downtown neighbourhoods.
Efforts to cap number of new restaurants in Parkdale spread to other ...  National Post
New Parkdale bylaw would restrict bars, nightclubs  CBC.ca
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Japan finds highly toxic strontium in Fukushima groundwater
Fukushima Daiichi nuclear power plant A worker takes radiation readings on the window of a bus at the screening point of the Tokyo Electric Power Company's (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant in Fukushima prefecture June ...
Fukushima nuclear plant: Toxic isotope found in groundwater  BBC News
Tepco Detects Radioactive Water as Regulator Sets Restart Rules  Bloomberg
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Mountain Equipment Co-op retools its brand
VANCOUVER - No longer the �Gortex vortex� of outdoor retailing, Mountain Equipment Co-op has launched the first major rebranding since its founding to acknowledge that its customers are as likely to be engaging in yoga or paddle boarding as they are ...
Mountain Equipment Co-op changes its name to MEC  Toronto Star
Mountain Equipment Co-op rebrands to woo urban customers  Globe and Mail
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Canada raises liability for offshore oil spills to $1-billion
The federal government will raise the bar for oil companies operating off the East Coast and in the Arctic, increasing the limit on their liability for environmental and other damage from a blowout or oil spill to $1-billion.
Canada Raises Absolute Liability for Offshore Drillers  Wall Street Journal
Newfoundland and Labrador's Hibernia oil platform. (Handout)  Times of Fort Erie
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