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Canadian markets news

Mobilicity debtholders approve sale to Telus
The creditors owed money by the financially struggling wireless company Mobilicity approved a deal Thursday that would see the mobile upstart sold to Telus for $380 million.
Mobilicity debtholders approve plan to sell company to Telus  CTV News
Mobilicity bond holders clear Telus deal  Globe and Mail
Financial Post   Related articles »  
US revises meat-labelling rules to satisfy WTO
The U.S. government will require meat packers to explicitly list the origin of beef, pork and chicken sold in U.S. grocery stores, it said on Thursday, a regulation intended to resolve years of disputes with Canada and Mexico.
Canada threatens retaliation as meat labelling deadline passes  Calgary Herald
Ottawa threatens 'retaliatory measures' over new US meat labelling ...  Winnipeg Free Press
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Canada's digital privacy laws in bad need of updating: watchdog
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.
Privacy Commissioner reveals roadmap for privacy policy reform  Financial Post
Canada's privacy laws inadequate for digital age, watchdog says  CBC.ca
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At TD Securities, making more while paying less
Tough times in the securities business? For shareholders of Toronto-Dominion Bank, not so much, as the bank's results signal that firms that have the ability to do more than finance miners and handle mergers can still bring in a lot of cash.
Toronto-Dominion Profit Rises on US Lending Business  Bloomberg
TD Bank Profit Edges Higher  Wall Street Journal
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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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EI claims trend lower for 5th straight month
The number of people receiving regular Employment Insurance claims declined for the fifth consecutive month in March, dropping one per cent to 523,700.
Canada Job Insurance Claims Up 3.0% in March from February  Wall Street Journal
Canadian Employment Insurance Recipients Fall 1.0% in March  Bloomberg
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Jim Flaherty: No housing bubble but still concerned about CMHC
With apologies to The Daily Show's Jon Stewart, our national pastime is actually fretting over whether or not we have a housing bubble.
Canada Fin Min: Too Much Capital 'Sloshing' Around, Worries About ...  Wall Street Journal
Jim Flaherty: No Housing Bubble In Canada, Thanks To Me  Huffington Post Canada
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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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Boil-water advisory caused by a 'whoops' moment
Please check back regularly for updates on this story, which is currently not behind The Gazette's pay meter in the interest of public safety.
Boil-water advisory delay questioned by Montreal councillor  CBC.ca
Montreal's boil-water advisory to last until Friday  CTV News
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TV importers accuse border officials of misleading advance tariff rulings
OTTAWA - 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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