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Canadian markets news

Half of Canadian homeowners plan to buy property in next 5 years: survey
TORONTO -- A new report suggests nearly half of Canadian homeowners intend to buy a property in the next five years, despite a cooling off in the housing market.
Calgary homebuying intentions fall  Calgary Herald
5.22.13: Housing slowdown? Canadians don't seem to think so  National Post
Globe and Mail   Related articles »  
Sears Canada posts $31.2M loss in first quarter
TORONTO -- Sears Canada Inc. (TSX:SCC) posted a $31.2-million loss as well as lower revenue in its latest quarter but says its transformation program is showing positive results that have improved margins and boosted some categories.
Sears Canada reports earnings loss, falling sales in first quarter  National Post
Sears Canada posts loss, names CFO  Reuters Canada
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Rogers' Zoocasa real-estate brokerage reduces agents' commissions
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Look out realtors, Rogers Communications is after your business  Financial Post (blog)
Rogers launches enhanced realty search site  Toronto Star
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Europe faces lost decade, says Mark Carney
In words that will underline his status as a monetary activist and fuel speculation that he will try to relaunch quantitative easing (QE) when he arrives in the UK, Mr Carney applauded Japan's �bold policy experiment� to boost dramatically its own QE programme ...
Carney issues warning to Europe about economy  Globe and Mail
Carney Makes Last Public Remarks as BOC Chief  Wall Street Journal
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Environmental, First Nations activists plan protest at Sarnia oil sands meeting
SARNIA, Ont. - Activists plan to protest in Sarnia, Ont., as a two-day national conference on oil sands bitumen kicks off today. The �Bitumen Adding Value Conference� is meant to bring together industry leaders, experts and decision-makers to discuss the ...
Building Up Bitumen  BlackburnNews.com
Environmental, First Nations activists protest at Sarnia oil sands meeting  Winnipeg Free Press
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Why Ben Bernanke will determine whether you have a good or bad day
Get ready for the double header featuring the Federal Reserve, which will likely determine the state of play in the markets. First up is chairman Ben Bernanke, who testifies this morning to a congressional committee.
European stocks drop amid British data, before Fed  AFP
Treasurys rise ahead of Bernanke testimony  MarketWatch
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Montreal basks in glow of C2-Mtl conference
Corrupt civil servants, shady engineering bosses, a mayor who didn't see anything and another who allegedly acted as a gangster, although - and this is a redeeming factor - he does not smoke crack.
C2-Mtl conference offers wisdom and dreams  Montreal Gazette
Business conference draws creative minds to Montreal  CBC.ca
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Temporary foreign worker case dismissed, but union feels vindicated
The Federal Court of Canada has dismissed a challenge by two unions over a Vancouver-based company's hiring of 201 temporary foreign workers from China for a coal project in northern British Columbia.
B.C. mining company justified in bringing in Chinese workers, Federal Court ...  Canada.com
BC mine's temporary foreign workers case dismissed  CBC.ca
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Train carrying crude oil derails east of Saskatoon
Emergency crews have contained crude oil leaking from a damaged rail car, according to a Canadian Pacific Railway spokesman. The derailment happened early this morning about 150 kilometres east of Saskatoon.
Canadian Pacific Spills Most Oil in Three Months in Saskatchewan  Bloomberg
PRESS DIGEST-Canada-May 22  Reuters
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Departing Bank Watchdog Dickson Keeps Focus on Risks
Canada's banking regulator Julie Dickson says that her agency is a dark place, and that gives her comfort as she prepares to enter her final year on the job.
OSFI head warns low rates spurring risky moves by banks  Globe and Mail
Canada's Bank Regulator Keeps Close Watch as Super-Low Rates Persist  Wall Street Journal
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