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Canadian markets news

Future Shop abruptly closes Canadian stores
London, Ont.-based radio station AM980 is reporting that the news was delivered to employees across the country early Saturday morning as they were showing up for their shifts.
Future Shop closes stores across Canada, media reports  Toronto Sun
Best Buy Canada consolidates Future Shop under Best Buy brand, closes 66 ...  Montreal Gazette
MarketWatch  
Bombardier's C Series delivery pushed back to 2016
Bombardier Inc. says the delivery date of its C Series airliner will be pushed back to 2016 after warning last month such a delay was possible because it doesn't control the process.
Bombardier reveals another CSeries delay pushing delivery to 2016  CBC.ca
Bombardier CEO confirms CSeries deliveries delayed until early 2016  CTV News
Two Vancouver businessmen fined for investment fraud
Two Vancouver businessmen have been ordered to pay penalties totalling almost $52-million after fraudulently raising almost $22-million from investors without revealing their company was near insolvency.
BCSC hits fraudsters with lifetime bans, $15-million fines  Business in Vancouver
BC regulators issue $51.7M in penalties, permanently ban two men in fraud case  Vancouver Sun
John Baird, ex-foreign affairs minister, to advise Barrick Gold
Former foreign affairs minister John Baird has a new job as an adviser to global mining giant Barrick Gold, the corporation has confirmed.
John Baird to sit on advisory board for gold mining company  580 CFRA Radio
Barrick Gold hires John Baird, Newt Gingrich  The Globe and Mail
Mandryk: If only we had learned from Norway
REGINA - There are 5,109,059 million people in Norway who, by 2020, will have one trillion dollars in oil revenue savings. It's only been since 1963 that Norway asserted its sovereign rights over North Sea oil and only since 1980 that it had its first producing ...
An idea for Ring of Fire's riches  Sault Star
Norway's oil riches and Canadian cord-cutting: BUSINESS WEEK WRAP  CBC.ca
BlackBerry announces lowest quarterly sales in 8 years
BlackBerry posted its lowest quarterly sales in more than eight years on Friday, as the Canadian smartphone maker struggled to find new revenue sources to offset dwindling sales of its handsets.
BlackBerry sends mixed message with year-end results  The Globe and Mail (subscription)
BlackBerry Ltd CEO John Chen feeling better about turnaround prospects ...  Financial Post
Local CUPW President: Canada Post should re-consider door-to-door delivery ...
The Canadian Union of Postal Workers says Canada Post made more than enough profit last year to justify keeping door-to-door delivery.
Canada Post back in black  Saskatoon StarPhoenix
Canada Post returns to profit in 2014; revenue higher, costs lower than 2013  CanadianBusiness.com
Top trader sees hope for better market conditions amid Aequitas NEO Exchange ...
FotoliaAequitas Innovations Inc. opened the Neo Exchange on March 27, challenging TMX Group Ltd.'s stranglehold on the $2 trillion Canadian equity market.
Trading starts on Aequitas NEO Exchange | Toronto Star  New York Recorder
New stock exchange launches in Toronto, focusing on 'fairness' in ...  CBC.ca
Girders on 102 Ave. bridge starting to straighten, final piece to be added
City of Edmonton officials said Friday that the four girders on the 102 Avenue Bridge over Groat Road that twisted during installation nearly two weeks ago have started to straighten, and the plan to reopen the major roadway was on-track.
Progress being made on buckled girders over Groat Road  Globalnews.ca
Bridge girders continue to straighten but Groat Road won't open until ...  Edmonton Journal
The waterfront is getting a 48-storey tower, and more. Don't freak out
With a DJ pumping out tunes in the background, developers, planners, architects and city officials gathered in a heated tent on Thursday morning to celebrate the launch of - surprise - another glass-and-steel building project by the waterfront.
Setting the stage for City of the Arts  Toronto Star
$700M project at site of old Guvernment nightclub set to transform the ...  National Post