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Canadian markets news

Chile freezes Barrick's Pascua-Lama, orders 'urgent measures'
Chile's environmental regulator has halted development of Barrick Gold Corp.'s $8.5-billion (U.S.) Pascua-Lama mine, dealing a fresh blow to the embattled project that is key to the growth plans of the world's largest gold miner.
Chile Fines Barrick Gold Over Big Mine Project  Wall Street Journal
Chile fines Barrick Gold $16m for Pascua-Lama mine  BBC News
Toronto Star   Related articles »  
Royal Bank pledges not to outsource jobs for cash savings
Royal Bank has promised it will never outsource a Canadian job to a foreign worker solely to save money. The bank updated its code of conduct on Friday, after facing intense criticism last month for its hiring policies.
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
After backlash, RBC pledges to not send work offshore just to cut costs  CTV News
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Valeant deal sparks share jump, helps TSX ends week higher
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.
Toronto Stocks Close Higher; Manitoba Telecom, Valeant Rise  Wall Street Journal
CANADA STOCKS-TSX ends week higher as Valaent deal provides jolt  Reuters
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First TD Buyback in 6 Years Seen Helping Stock: Corporate Canada
Toronto-Dominion Bank (TD)'s first share buyback in more than six years adds to a 10-year high in Canadian capital repurchases as companies try to soften the blow of underperforming stock prices.
US foray set to goose TD profits  Globe and Mail
TD Bank profit rises despite sluggish housing growth  Toronto Sun
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Canada ranks 3rd last in paid vacations
Canada ranks third last among economically advanced countries in the amount of paid vacation time it guarantees its workers, a new U.S.
Study ranks Canada third-worst among affluent nations for paid vacation  Toronto Star
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
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Kinder Morgan files preliminary plans for Trans Mountain pipeline expansion
Kinder Morgan Canada expects to need roughly 150 kilometres of new route for the expansion of its Trans Mountain pipeline, whose current path travels directly through dense urban areas in Edmonton and the B.C.
Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan  Calgary Herald
Kinder Morgan puts some of its cards on the table  CKNW News Talk 980
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Bausch & Lomb Nears Deal to Sell Itself to Valeant for $9 Billion
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...
Valeant Pharmaceuticals eyes Bausch & Lomb  Globe and Mail
Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant  New York Times
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Man at centre of SNC-Lavalin fraud allegations was key hire by company
MONTREAL - When SNC-Lavalin Group Inc. chief executive Jacques Lamarre met a hot-shot engineer named Sami Bebawi for dinner in mid-1998, he was looking for someone who could help turn around the company's money-losing construction unit after ...
SNC-Lavalin letter says Gadhafi son was offered VP post  CBC.ca
Some of SNC's missing millions found in Montreal real estate, RCMP alleges  Globe and Mail
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Manitoba Tel agrees to sell Allstream to Egyptian billionaire
Egyptian billionaire Naguib Sawiris's deal to buy Allstream, sealed after a two-year pursuit, is likely the first step in a larger plan to create a new telecommunications competitor.
Manitoba Telecom Reaches Deal to Sell Allstream Unit  Wall Street Journal
Sawiris's Accelero to Buy Allstream for $503 Million  Bloomberg
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US meat packaging regulations un-'COOL,' Manitoba government says
A trade war may be brewing between the Canadian and U.S. governments over meat packaging regulations, and it could have an impact on your wallet.
Mexico eyeing retaliatory measures in US meat labeling dispute  Reuters
Ottawa weighs retaliation over new US meat label rules  Globe and Mail
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