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Canadian markets news

Dollar Rises 7th Month as Global Easing Burnishes U.S. Assets
(Bloomberg) -- The dollar pushed its winning streak to seven straight months for the first time in a decade as a wave of easing by the world's major central banks enhanced the appeal of U.S.
'There will be blood' in Canada from oil price collapse, JPMorgan warns  The Globe and Mail (subscription)
Weak Canadian dollar and GDP suggests JPMorgan said it best: 'There Will ...  CBC.ca
CTV News  
CIBC lays off 500 workers in response to slowdown in consumer borrowing
CIBC has cut more than 500 jobs in the last two weeks, according to a report by the Wall Street Journal. next play/pause pre 1/1. Hamilton Spectator.
Canadian bank stocks post worst start to year since 1990  Saskatoon StarPhoenix
Bank of Montreal cuts its five-year fixed mortgage rate to 4.79 per cent  CanadianBusiness.com
Canada's GDP shrank 0.2% in November
Canada's gross domestic product contracted by 0.2 per cent in November, as the economy was dragged down by cheap oil prices and unexpected weakness in manufacturing and mining.
Canadian dollar slides to 78.67 cents US  Full-Time Whistle
Canada's gross domestic product fell 0.2 per cent in November: StatsCan  CanadianBusiness.com
Tim Hortons slices staff
TORONTO´┐ŻAbout 350 employees lost their jobs at Tim Hortons this week in cuts focused mainly on the company's headquarters and regional offices.
Tim Hortons job cuts, loonie's latest low & Coke's new recipe ...  CBC.ca
Double-double whammy for Tim's workers  Toronto Star
CIBC cuts 500 jobs in past 2 weeks: Wall Street Journal report
TORONTO - A published report says the Canadian Imperial Bank of Commerce (TSX:CM) has cut more than 500 jobs over the past two weeks.
CIBC confirms job cuts  CBC.ca
CIBC to cut about 500 jobs  Toronto Sun
Confusion, frustration reign as new liquor retail law nears
B.C.'s new liquor laws are supposed to kick in on April Fool's Day. Big grocery stores can start selling liquor, a new one-size-fits-all wholesale pricing model takes effect, and government liquor stores can open on Sundays and sell cold beer and wine.
new markup for pricey wines reduced after vendor outcry  CBC.ca
Suzanne Anton announces BC Liberal government about-face on wholesale ...  Straight.com
European Stocks Stumble as Outlook on Greece Darkens
Europe's stocks were pressured by Greece's financial future, after the election victory of the radical leftist party Syriza.
Greece Wants 'Rethink' Of Whole Bailout  Sky News
Greek finance minister: 'It's not about who will blink first'  BBC News
Target Liquidation Sales Could Start Next Week
Liquidation sales at Target Canada stores could be underway by the end of next week according to court documents. Target heads to court on Wednesday asking for approval to appoint a joint venture of liquidation companies to sell off the contents of its 133 ...
Target's road out of Canada becomes clearer  Minneapolis Star Tribune
Target Canada liquidation to begin soon  Full-Time Whistle
GDP report paints gloomy picture
The fall in oil prices was supposed to boost manufacturing, but manufacturing output has fallen even further than the energy sector, according to Statistics Canada.
Canada's slumping GDP reveals troubles in just about every sector  Financial Post
British economy outpaces ALL of the G7 with best performance since 2007  Daily Mail
Mount Polley: expert says misinterpreted test results led to massive breach
Why did the Mount Polley environmental disaster happen? According to an independent report released Friday, the mine was built upon a ticking time bomb 20 years ago.
Vaughn Palmer: A 'doomed' tailings dam and a system that ' ...  Vancouver Sun
Mining Must Evolve to Prevent Future Mount Polleys, Reviewers Find  TheTyee.ca