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Canadian markets news

Mobilicity debtholders approve plan to sell company to Telus
Struggling wireless carrier Mobilicity has taken the first step in the process of being acquired by Telus in a $380-million deal that will ultimately need federal government approval.
Mobilicity debtholders approve sale to Telus  CBC.ca
Mobilicity bond holders clear Telus deal  Globe and Mail
Financial Post   Related articles »  
Ottawa threatens 'retaliatory measures' over US meat label rules
A Canada-U.S. trade war is apparently looming as Ottawa threatens �retaliatory measures� against the United States in a continuing dispute over meat labelling.
Canada Not Cool with COOL  Wall Street Journal
Ottawa threatens 'retaliatory measures' over new US meat labelling ...  National Post
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US Stocks Mark Second Day of Moderate Declines
NEW YORK--Stocks in the U.S. Thursday mostly shrugged off a global selloff sparked by worries over Federal Reserve action and weak growth in China.
TSX, Dow recover after Nikkei loses 7%  CBC.ca
Stimulus rollback fears, TD trigger TSX slump  Reuters Canada
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TV importers accuse Ottawa of misleading tariff rulings
Importers of popular electronics such as big-screen TVs and MP3 players are ramping up their fight against federal tariff changes, accusing the government of misleading them by offering tariff breaks that it planned to claw back later.
Canadian importers say government misled them in iPod tax dispute  Macleans.ca (blog)
Canadian importers and retailers victims of $16-million tax grab  PR Newswire (press release)
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Tarnished Genivar vows better corporate governance
MONTREAL - Despite frequent mentions at the Charbonneau Commission inquiry into collusion in the awarding of municipal contracts, engineering-consultancy firm Genivar Inc. still has its good name, president and chief executive officer Pierre Shoiry said ...
Genivar shareholders approve name change as firm unveils ambitious revenue ...  Financial Post
Genivar aims for $2.3 bln in revenues by end of 2015  Proactive Investors USA & Canada
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Marathon ends talks to sell part of Athabasca oil sands interest
Marathon Oil Corp. has called off talks to sell a portion of its stake in a major Alberta oil sands mining operation, adding to a growing list of sales efforts in the sector that have come up dry.
Marathon Oil says talks end on possible stake sale  Businessweek
Marathon Oil Doesn't Reach Deal for Sale of Oil Sands Stake  Bloomberg
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Canada's privacy watchdog wants power to impose 8-figure fines on offenders
TORONTO -- Canada's privacy commissioner Jennifer Stoddart says she's tried naming and shaming some of the world's largest companies into respecting the privacy of Canadians.
Canada's privacy laws inadequate for digital age, watchdog says  CBC.ca
Privacy Commissioner Jennifer Stoddart calls for tough new privacy laws  Ottawa Citizen
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Water from plant is drinkable, network water still murky: city
MONTREAL - The good news Thursday afternoon is that the water flowing out of the Atwater treatment plant is clear. The bad news is that there is still murky water from Wednesday's mishap snaking through the miles of pipes of the Montreal water system.
Montreal's boil-water advisory to last until Friday  CTV News
Water advisory still on in Montreal  The Province
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Toronto-Dominion Profit Rises on US Lending Business
Toronto-Dominion Bank (TD), the first Canadian lender to report second-quarter results, said profit rose 1.8 percent on record earnings from U.S.
At TD Securities, making more while paying less  Globe and Mail
Canadian Bank Analysis: Royal Bank of Canada  Seeking Alpha
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Road extension through south Kitchener gets thumbs-up from councillors
A $22-million road extension will be built through south Kitchener after receiving approval from city councillors Wednesday night.
Kitchener council approves Strasburg Road extension  CBC.ca
Kitchener council approves Strasburg extension  Waterloo Record
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