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Canadian markets news

Day after global selloff: Asia stocks erratic, Europe shares steady
BANGKOK, Thailand -- Asian shares traded erratically Friday but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary ...
Premarket: Stocks to see more losses ahead of long US weekend  Globe and Mail
Volatile Tokyo instils global equity angst  Financial Times
Reuters   Related articles »  
Manitoba Tell sells Allstream to Egyptian
Manitoba Telecom Services Inc. agreed to sell its Allstream business services unit to Accelero Capital Holdings, a firm co-founded by Egyptian billionaire Naguib Sawiris, for $520 million Canadian.
Manitoba Tel agrees to sell Allstream, put $130M into pension  CTV News
Manitoba Telecom to sell fiber optic network to Accelero  Reuters
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Canada Stocks to Watch: National Bank, TD and Manitoba Telecom
National Bank of Canada hiked its quarterly dividend to 87 Canadian cents from 83 Canadian cents and posted a second-quarter profit of C$434 million, or C$2.49 a share.
National Bank Second-Quarter Profit Drops 22% to C$434 Million  Bloomberg
5.24.13: National Bank beats Street  National Post
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Ottawa weighs retaliation over new US meat label rules
Proposed changes to U.S. meat labelling laws are unsatisfactory and continue to discriminate against Canadian beef and hog producers, Ottawa says, raising the spectre of retaliatory action from the federal government.
UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling  Reuters
Canada Not Cool with COOL  Wall Street Journal
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Oil sands deals lose traction
At least a half dozen energy companies have come up dry in efforts to attract the rich bids they envisaged when they put oil sands assets on the auction block in the past year, showing downward pricing pressure on a sector touted as the cornerstone of ...
Marathon Oil Doesn't Reach Deal for Sale of Oil Sands Stake  Bloomberg
Marathon Oil says talks end on possible stake sale  Businessweek
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Texas Farmers Lose Another Bid to Block Keystone Pipeline
TransCanada Corp. (TRP) won another of the remaining Texas state-court challenges by landowners trying to block construction of the Keystone XL tar-sands pipeline across their property.
Alex Pourbaix: Keystone XL Makes TransCanada More Cautious About Future ...  Huffington Post Canada
Ninth Court affirms eminent domain powers of TransCanada Keystone Pipeline  Southeast Texas Record
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Vancouver is least affordable city to buy a house in Canada: RBC
Vancouver remains the least affordable city to buy a house in Canada while home ownership in Toronto is becoming more difficult, Royal Bank of Canada Economics Research said.
Manitoba housing affordability deteriorates  Winnipeg Free Press
Low rates help keep home affordability stable: report  Globe and Mail
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Dust far from settled on Fraser Surrey Docks coal port project
Metro Vancouver's port authority says it is taking the proper steps to ensure public safety in the Lower Mainland, as environmental groups accuse it of abandoning its responsibility by allowing a company to hold public consultations on a coal port project.
New West to hold town hall meeting on coal proposal  New Westminster News Leader
Coal terminal expansion vital, argues Fraser Surrey Docks  CBC.ca
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City manager asks council to add $30M to pothole budget
The city is looking into a long-term strategy to deal with the thousands of potholes dotting Edmonton roads. Transportation manager Bob Boutilier said more money is needed to do roadway maintenance and rehabilitation.
City recommending multi-million investment to rehabilitate Edmonton roads  CTV News
City confirms multi million dollar road plan  iNews880.com
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Durable goods orders rise, point to factory resilience
By Jason Lange. WASHINGTON | Fri May 24, 2013 9:17am EDT. WASHINGTON (Reuters) - Orders for long-lasting manufactured goods rose more than expected in April, a hopeful sign that a contraction in factory output could soon run its course.
Orders for US Durable Goods Increase More Than Forecast  Bloomberg
Gold Extends Losses on Brighter US Durable Goods Orders  Wall Street Journal
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