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Canadian markets news

Bank of Canada cites oil price, hot housing market as factors roiling rate decisions
The sudden drop in the price of crude, a rise in housing market risk and the quickening U.S. recovery are among new and conflicting economic forces complicating the Bank of Canada's interest rate decision-making.
BoC sticks to 1% rate (registration)
Bank of Canada surprises no one with rate decision  Waterloo Record
Financial Post   Related articles »  
Most actively traded companies on the TSX
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Up 7.5 cents, or 115.38 per cent, to 14 cents on 12.1 million shares. Talisman Energy Inc. (TSX:TLM).
TSX dives as Ottawa shootings, energy drop hit sentiment  Reuters Canada
CANADA STOCKS-TSX dives as Ottawa shootings, energy drop hit sentiment  Reuters
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UPDATE 2-Canadian retail sales unexpectedly drop 0.3 percent
(Adds market reaction, analyst comment). By David Ljunggren. OTTAWA Oct 22 (Reuters) - Canadian retail sales dropped unexpectedly in August as consumers pulled back for the second straight month, heightening uncertainty about broader economic ...
Manitoba sees slight bump in retail sales  Winnipeg Free Press
Retail Sales Drop 0.3% In August
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Vince Ready imposes 10-year deal in bitter Ikea dispute
A bitter 17-month strike at Ikea's Richmond store ended Wednesday when mediator Vince Ready handed down binding recommendations calling for a 10-year collective agreement.
IKEA announces end to 17-month lockout in B.C.; wage, benefit increases to ...  Winnipeg Free Press
Ikea reaches 10-year labour agreement with striking workers in Richmond  Business in Vancouver
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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
KDC gets cash injection from Caisse de d�p�t, others  Montreal Gazette
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Being your own boss worth the stresses: CIBC poll
TORONTO - Two bank reports highlight the risks and rewards of being an entrepreneur. A CIBC poll of 800 owners/C-level managers of businesses of all sizes finds 80% of them say their financial situation is the same or better since they made the move to ...
Is owning a business worth the financial struggle?
CIBC Poll: Being your own boss = longer hours and more stress but it's ...
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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 (registration)
Nova Scotia businesses that spend more than $15M eligible for new tax credit  Westman Journal
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Irving Shipbuilding president says company will build six patrol vessels
HALIFAX -- The president of Irving Shipbuilding has torpedoed a report that the federal government is trimming its order for Arctic patrol ships.
Irving Shipbuilding boss: 'It's all systems go' (registration)
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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
Former meat processing plant worker fined for tampering with wastewater samples  CTV News
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