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Canadian markets news

Bank of Canada's dovish economic outlook fuels loonie's fall
So much for the rally in the Canadian dollar. The dollar fell again Wednesday following dovish comments from the Bank of Canada that voiced concern about the damage a strong loonie could do to the Canadian economy.
Bank of Canada holds key rate on optimism of US rebound  The Globe and Mail (subscription)
Bank of Canada stands pat, keeps interest rate at 0.75%  CBC.ca
640 Toronto News  
BMO profit beats estimates — but analysts see shortcomings in core Canadian ...
Bank of Montreal's latest earnings results were high enough to beat estimates, support a dividend increase, and give investors a break from worrying about the impact weaker oil prices might be having on Canada's biggest banks, but they weren't perfect.
TSX ends up 0.4 percent despite drag from energy shares  Reuters Canada
TSX higher as two banks beat expectations; New York bounces back  Times Colonist
Canada wildfires rage on, intensify near oil sands sites
CALGARY, Alberta (Reuters) - A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares (42,000 acres) on Wednesday, although firefighters made some progress tackling blazes elsewhere in the ...
Wildfires spread, push Canadian crude oil prices higher  Calgary Herald
All Alberta evacuation orders lifted; 15 wildfires still burning out of control  Edmonton Journal
Risk of Trans Mountain pipeline spill could hurt Vancouver's green brand
VANCOUVER - A major oil spill from Kinder Morgan's Trans Mountain pipeline expansion project would expose up to 1 million Metro Vancouver residents to unsafe levels of chemicals, as well as deeply hurt Vancouver's cherished brand, city council was told ...
Liz McDowell and Wes Regan: Kinder Morgan pipeline project not worth risk to ...  Straight.com
Risk of Trans Mountain pipeline spill could hurt green brand: Vancouver mayor  680 News
Investors pan Crescent Point's move for Legacy Oil
Crescent Point Energy Corp. and Legacy Oil + Gas Inc. shares tumbled after Crescent Point emerged as the buyer for struggling Legacy in a $563-million deal under which Crescent Point will also assume nearly $1-billion in Legacy's debt, bringing the total ...
Canada's Crescent Point Agrees to Offer $1.23B Bid for Legacy Oil + Gas  TheStreet.com
Crescent Point Energy Corp to acquire Legacy Oil and Gas Inc. in $1.53 ...  Financial Post
Regina, Moose Jaw residents urged to save water
Regina and Moose Jaw are urging residents to cut back on water use as the two cities try to deal with a shortage of treated water.
Regina residents asked to do more to conserve water  News Talk 650 CKOM
City struggling to meet water demand  Moose Jaw Times-Herald
Canada doesn't see inadvertent moves on Greece crisis
DRESDEN, Germany Canadian Finance Minister Joe Oliver said on Wednesday he did not think "anything inadvertent" would happen to derail progress towards a solution on the Greek crisis.
Canada sticking to 2 percent growth forecast for 2015: Oliver  Reuters Canada
Canada doesn't see inadvertent moves on Greece crisis - Oliver  Daily Mail
How Air Canada turned its pension around
Just a few years ago, Canadian companies were facing staggering pension shortfalls, well into the billions. But thanks to better returns from both stock and bond markets, many of those deficits have shrunk or are wiped out completely.
Air Canada opting out of pension deal could add $5 to share price: CIBC  Financial Post
Air Canada emerges from federal pension deal  CBC.ca
China coal production falls in first four months
In this Nov. 27, 2014 photo, a man drives his tricycle cart loaded with coal briquettes as he leaves a coal process station in Tangxian in China's Hebei province.
China Coal Production Falls in First 4 Months of Year  ABC News
Letter: Not even Bay St. would touch Hydro One selloff
The province's plan to sell off a majority of its stake in Hydro One doesn't sit well with many people, including this reader, Nancy Moisan from Tweed, Ont.
National Post View: Teachers want to teach, students want to learn. Unions ...  National Post