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Canadian markets news

Canada's Biggest Banks Say Worst to Come for Loonie
The oil boom that powered Canada's recovery from its 2009 recession is turning into a bust for the nation's dollar. Canada's currency tumbled this month to a five-year low of C$1.1385 per U.S.
Bank of Canada surprises no one with rate decision  Waterloo Record
BoC sticks to 1% rate  TheChronicleHerald.ca (registration)
Cape Breton Post   Related articles »  
CANADA STOCKS-TSX dives as Ottawa shootings, energy drop hit sentiment
... * TSX down 235.64 points, or 1.62 percent, at 14,312.07 * All 10 main index sectors decline * Energy shares slide with price of oil By John Tilak TORONTO, Oct 22 (Reuters) - Canada's main stock index fell hard on Wednesday after a four-day winning streak ...
TSX dives as Ottawa shootings, energy drop hit sentiment  Reuters Canada
Closing Bell: TSX tumbles 236 points, market steps back after series of ...  Financial Post
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Manitoba sees slight bump in retail sales
Manitoba was one of only three provinces to post an increase in retail sales in August, albeit a very small one - 0.1 per cent, new Statistics Canada data shows.
Retail Sales Drop 0.3% In August  NorthumberlandView.ca
Canada Retail Sales Fall in August  Wall Street Journal
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IKEA strike is over
The company and union have reached a 10-year deal with the help of mediator Vince Ready. Workers will get increased wages and benefits,annual salary increases, better health care among other things.
Vince Ready imposes 10-year deal in bitter Ikea dispute  Vancouver Sun
IKEA announces end to 17-month lockout in B.C.; wage, benefit increases to ...  Winnipeg Free Press
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Lamphier: B.C. LNG prospects still in doubt despite tax cut
It was all very predictable, of course. The British Columbia government surprised almost no one Tuesday by agreeing to slash tax rates on the province's yet-unborn liquefied natural gas (LNG) industry.
Jack M. Mintz: Why B.C.'s LNG tax policy sets a bad precedent  Financial Post
Petronas still evaluating tax impact on LNG project  Vancouver Sun
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KDC targets growth following investment
MONTREAL - The owners of a former Clairol hair colouring plant in Quebec plan to use an infusion of cash from a private equity firm and several institutional investors to double its size and solidify its role as an industry leader in health and beauty products.
Quebec health and beauty products maker KDC gets $165M boost  CanadianManufacturing.com
KDC gets cash injection from Caisse de d�p�t, others  Montreal Gazette
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U.S. Chamber of Commerce Suggests COOL Rule is Costly
In an opinion piece posted Wednesday, U.S. Chamber of Commerce Senior Vice President for International Policy John Murphy says County of Origin Labeling has the potential to cost America thousands of lost jobs in factories and on farms due to Canadian ...
COOL puts Canada at trade disadvantage  Lethbridge Herald
Suggestion for Congress to Address COOL  AgInfo.net
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Nova Scotia businesses that spend more than $15M would be eligible for credit
HALIFAX - Businesses in Nova Scotia that spend more than $15 million in capital projects would be eligible for a tax credit in January to offset 15 per cent of their costs under legislation introduced Wednesday.
Yarmouth ferry aims for more than 59000 passengers next year  TheChronicleHerald.ca (registration)
Nova Scotia businesses that spend more than $15M eligible for new tax credit  Westman Journal
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Former Cargill worker fined for tampering with waste-water samples
CALGARY - A judge has fined a former employee at the Cargill meat-packing plant in southern Alberta for tampering with waste-water samples two years ago.
Former Cargill beef plant worker fined by Canadian court  Minneapolis Star Tribune
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Accelerating auto loans leave Canadian banks at risk: Moody's
Canadian banks have been hitting the gas on auto loans, leaving consumers and the financial institutions more vulnerable to risk if the economy takes a sudden turn, according to a new report from Moody's Investors Service.
Car Loans Put Canada Banks at Risk in Slump, Moody's Says  Bloomberg
Canadians may be 'buying too much car': Moody's sounds alarm on ...  Financial Post
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