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Canadian markets news

TSX falls most in months on broad weakness
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index took its sharpest one-day hit in seven months on Friday as a broad array of stocks from banks to telecommunications and resource companies pushed it to a 1.7 percent decline for the week.
CANADA STOCKS-TSX falls most in months on broad weakness  Reuters
Canadian stock market plunges on weakness in resource shares  Shanghai Daily (subscription)
The Globe and Mail   Related articles »  
Nordstrom arrives in Calgary
CALGARY - With cowbells ringing, shouts of 'Calgary' and staff clapping with gusto, Nordstrom Inc. threw open the doors to its first store outside the U.S.
Nordstrom arrives in Canada, promises unique experience  CTV News
Nordstrom opens first store in Canada  The Seattle Times
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Alibaba surges 38 pct on massive demand in market debut
NEW YORK (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning ...
Alibaba Among Most Valuable Companies in U.S. After Surge  Bloomberg
Alibaba IPO: Now Comes the Hard Part  Wall Street Journal
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Quebec's consumer protection law applies to banks: Supreme Court
OTTAWA - Canada's top court has restored a Quebec trial judge's decision that penalizes several of the country's big banks for failing to meet provincial disclosure requirements when they charged currency-conversion fees to their credit card customers.
Canada's top court finds Quebec consumer protection law can apply to banks  mysask.com
Banks on the hook to Quebecers for undisclosed currency conversion charges  Toronto Sun
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Ernst & Young in tentative deal in Canada on Sino-Forest audit
TORONTO (Reuters) - Major accounting firm Ernst & Young LLP [ERNY.UL] has reached a tentative settlement with Canada's biggest securities regulator over its audits of Sino-Forest Corp [SCLC.
Ernst & Young settles with OSC in Sino-Forest, Zungui cases  The Globe and Mail
Ernst & Young reaches tentative settlement in cases involving Sino ...  Financial Post
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Canadian home ownership more costly than thought, BMO report says
New home hunters be warned: The price you expect to pay for a new home is likely $83,556 short of what you'll actually end up spending, according to a new survey.
Calgary house hunters raise price buying expectations  Calgary Herald
BMO Fall Home-Buying Report: Nearly Half of Prospective Buyers Increase ...  CNNMoney
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Oracle CEOs Combine Catz's Dealmaking With Hurd's Sales
For a hint of how Oracle Corp. (ORCL:US) will work under new chief executive officers Safra Catz and Mark Hurd, look at how the duo approached the company's OpenWorld conference last year.
When music stops for Oracle CEO dance, Catz may grab Ellison's chair ...  Reuters
Lawrence J Ellison says he is done as chief of Oracle  Economic Times
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Bitcoin Ponzi Scheme Treated, Fined as Securities Fraud
A Bitcoin Ponzi scheme amounted to securities fraud that can be challenged in federal court, a judge ruled as he fined a Texas man $40.6 million and blocked him from further trading of the virtual currency that violates the law.
US judge awards $40-million in SEC case over bitcoin Ponzi scheme  The Globe and Mail
Government Shuts Door On Bitcoin Ponzi Scheme  ValueWalk
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Surprise jump in 'core' inflation may lead to Bank of Canada policy change
OTTAWA � For the Bank of Canada, it could all come down to a core issue. While the consumer price index - the overall gauge of inflation trends - has more or less been tracking the course laid out by policymakers, the central bank's preferred indicator ...
Canadian consumer prices  Investor's Business Daily
Inflation rate flat  Fort Frances Times
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Keystone XL still waiting after six years
STEELE CITY -- Six years have passed since TransCanada first tendered an application to lay 1,179 miles of pipe, 36 inches in diameter, that would connect oil producers in Canada's tar sands region with refineries along the U.S.
Keystone XL costs surged while in limbo: TransCanada  The Telegram
Harbert: After six long years, we're sorry, Canada  Calgary Herald
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