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Canadian markets news

Mega Brands shareholders approve Mattel takeover
MONTREAL�Mega Brands shareholders overwhelmingly approved a US$460-million friendly takeover of Canada's only public toy company by American giant Mattel.
(PR) MEGA Brands' shareholders approve arrangement with Mattel  Wall Street Journal
Mattel takeover of Montreal's Mega Brands gets green light (subscription)   Related articles »  
Hold the onions, and foreign workers: McDonald's halts program
McDonald's Canada is putting its temporary foreign workers program on hold while a third party conducts an audit on its use of the plan.
Temporary foreign worker program may be beyond fixing: Tim Harper  Toronto Star
Editorial: Abuse of Temporary Foreign Worker program calls for an overhaul  Calgary Herald
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Canada's job growth not best in G7, OECD finds
A new OECD report suggests Canada's labour market has yet to fully recover from the recession and is not the strongest in the G7, as often claimed by the Harper government.
In terms of employment rate, Canada far from first in G7  CTV News
Canada's labour market not the strongest in G7: OECD report
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TSX advances: miners lower amid weak Chinese data, CN, Boeing beat ...
A taxi across Bay Street in Toronto's financial district in Toronto in a 2012 file photo. THE CANADIAN PRESS/Nathan Denette. Previous Next.
CANADA STOCKS-TSX higher, lifted by CN Rail; banks weigh  Reuters
TSX gains as CN Rail tops profit estimates  Proactive Investors USA & Canada
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Railways ordered to stop using older tank cars in Canada
MONTREAL�The federal government is pulling the most dangerous rail cars off the country's tracks in the next 30 days and will ban tankers not built to the current high standards by 2017 as a result of last summer's deadly train crash and explosion in Quebec ...
Canada Toughens Rules for Rail Shipment of Dangerous Goods  Wall Street Journal
Railways told to create emergency plans for crude oil shipments  The Globe and Mail
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Cross-country gas hike
Drivers looking for a good reason for major gasoline price jumps across Canada overnight will be left lacking, as the usual seasonal influences don't add up to those types of increases.
Gas prices in Canada expected to hit 3-year high  CTV News
Soaring gas prices hit Canadian motorists  The Globe and Mail
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FedEx to set up shop at Home Hardware
Heading to the hardware store to pick up some light bulbs and nails? Soon, you'll be able to pick up that online shopping order, too.
FedEx makes play for e-commerce in Home Hardware deal
FedEx expanding in Canada via Home Hardware retail network  CTV News
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Weddings are a major investment, especially in the prairies.
Getting hitched is a pricey prospect - and folks in the prairies go all out on the big day. A BMO survey released Wednesday found that Canadians plan to spend an average of $15,000 on their weddings (with an estimated 100 guests) and $5,300 for their ...
BMO InvestorLine Study: Canadians Plan to Spend an Average of $15000 on ...  MarketWatch
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Loonie little changed amid rising retail sales, disappointing Chinese data
The loonie was down 0.02 of a cent to 90.66 cents US as Statistics Canada said sales rose 0.5 per cent to $41-billion. Economists had generally expected a 0.4 per cent rise.
British Columbians spent less on retail in February: StatsCan  Business in Vancouver
Manitoba sees retail slump in February after busy January  Winnipeg Free Press
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Liberals trying to tackle high hydro bills
TORONTO - The governing Liberals are trying to tackle high hydro bills today - one of their biggest political liabilities going into a possible spring election.
McGuinty-Wynne Liberals Continue Hydro Tax Grab
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