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Canadian markets news

Treasurys Climb Ahead of Bernanke
Treasury bonds rose as anxiety over whether the Federal Reserve will cut back on bond purchases eased somewhat ahead of a key speech from Fed Chairman Ben Bernanke.
US Stocks Rise Before Bernanke Testimony, Fed Minutes  Businessweek
Credit Swaps in U.S. Fall Before Bernanke Testimony, Fed Minutes  Bloomberg
Globe and Mail   Related articles »  
Half of Canadian homeowners plan to buy property in next 5 years: survey
TORONTO -- A new report suggests nearly half of Canadian homeowners intend to buy a property in the next five years, despite a cooling off in the housing market.
Calgary homebuying intentions fall  Calgary Herald
5.22.13: Housing slowdown? Canadians don't seem to think so  National Post
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1/3 of Canadians live paycheque to paycheque, survey suggests
Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
One-third of Canadian households living paycheque to paycheque  Globe and Mail
Paying bills and consumer consumption hurting Canadians' ability to save ...  GlobalPost
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Retail sales flat, despite lower prices
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower prices for gasoline. Statistics Canada said in volume terms, retail sales were up 0.7 per cent.
Canada retail sales unchanged in March, gas prices a drag  Reuters Canada
Canada March Retail Sales Report (Text)  Bloomberg
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Rogers' Zoocasa real-estate brokerage reduces agents' commissions
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Rogers launches enhanced realty search site  Toronto Star
Look out realtors, Rogers Communications is after your business  Financial Post (blog)
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UPDATE 1-Sears Canada posts loss as demand dips for home products
Wed May 22, 2013 8:36am EDT. * First-quarter loss C$0.31/shr vs profit C$0.91/share last yr. * Revenue falls 6.6 pct, same-store sales dip 2.6 pct.
Sears Canada posts $31.2M loss in first quarter  CTV News
Sears Canada reports earnings loss, falling sales in first quarter  National Post
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Target Earnings: Outlook Cut Follows Weak Sales
Target Corp. posted a 29% drop in quarterly earnings and lowered its outlook, citing weak sales in seasonal and weather-related categories.
UPDATE 2-Target cuts full-year forecast after weak first quarter  Reuters
Target First-Quarter Profit Trails Estimates  Bloomberg
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Canadian housing construction to plummet 25 per cent: Mortgage lobby group
The Canadian Association of Accredited Mortgage Professionals is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015.
Canadian Association of Accredited Mortgage Professionals (CAAMP) releases ...  Wall Street Journal (press release)
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Peter Foster: Up the Boreal creek without a paddle
The Canadian Boreal Forest agreement, CBFA, took yet another bizarre turn on Tuesday when one of its largest corporate signatories, Montreal-based Resolute Forest Products, withdrew, citing �unbalanced� demands from environmental NGOs.
Boreal forest talks break down  Globe and Mail
Boreal Forest conservation negotiations end in failure after three years  Winnipeg Free Press
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Nova Scotia apple orchard quarantined as pest appears in North America for first ...
An apple orchard in Nova Scotia's Annapolis Valley has been quarantined after a critical plant pest was discovered for the first time in North America.
Annapolis Valley apple orchard quarantined  CBC.ca
Federal officials quarantine Nova Scotia apple orchard after rare pest detected  Winnipeg Free Press
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