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Canadian markets news

Hedge fund lifts Tim Hortons
News that a second activist investor was pressuring Tim Hortons to make strategic changes gave some energy to the coffee and baked goods giant's shares on Tuesday.
Tim Hortons being circled by Wall Street hedge funds  CBC.ca
US hedge fund increases its Tim Hortons ownership stake to 5.5%  CTV News
Toronto Sun   Related articles »  
Verizon confirms it is weighing expansion into Canada
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
Verizon mulls Canadian market  Vancouver Sun
Verizon Sizes Up Canadian Wireless Market  Wall Street Journal
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Treasuries Are Little Changed Before Bernanke Speaks on Stimulus
Treasuries were little changed before Federal Reserve Chairman Ben S. Bernanke speaks at a press conference after the central bank ends a two-day meeting.
Dollar broadly steady as markets seek Fed policy clarity  Reuters
Hints of Bernanke's departure add to Fed policy worries  Globe and Mail
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Former fighter pilot lands top job at YVR
A former fighter pilot with experience running airports around the world has been named the new head of Vancouver International Airport.
Vancouver airport CEO takes aim at cross-border travellers  CBC.ca
Vancouver Airport Authority appoints new president and CEO  CAPA - Centre for Aviation
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Americans slowly realizing importance of Canadian oil, outgoing ambassador to ...
Attitudes toward Canada's oil have shifted dramatically in the United States in recent years, as Americans increasingly view it as a key part of their own energy independence, outgoing U.S.
American ambassador says US is not spying on Canadians  CTV News
US in no rush to approve Keystone XL: outgoing ambassador  iPolitics.ca (subscription)
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Canada raises liability for offshore oil spills to $1-billion
The federal government will raise the bar for oil companies operating off the East Coast and in the Arctic, increasing the limit on their liability for environmental and other damage from a blowout or oil spill to $1-billion.
Canada Raises Absolute Liability for Offshore Drillers  Wall Street Journal
Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to ...  Financial Post
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Executive shuffle at HBC as Brooks takes new role
Hudson's Bay Co. is replacing its star president, Bonnie Brooks, with a company veteran in a surprise move that spooked investors, prompting a drop of more than 3 per cent in the stock price.
Bonnie Brooks gets a promotion at The Bay  Toronto Star
Bonnie Brooks steps aside as Hudson's Bay president to take on vice ...  Financial Post
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India records second highest growth in population of wealthy
The world is home to 1.2 crore millionaires with a collective net worth reaching a record high of $46.2 trillions, with India clocking the second highest growth of 22.2 per cent in its HNI population last year after Hong Kong, a report said today.
Millionaires in North America Regain Top Spot From Asia  Bloomberg
With economy on the mend, very rich getting even richer  Globe and Mail
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Moncton mayor 'optimistic' after council votes to purchase Highfield Square
Moncton City Council crossed a major hurdle Monday night in their pursuit of a new downtown arena. Council members voted to purchase the Highfield Square property at a cost of $6.3 million, by a count of eight to two.
Moncton downtown centre moves ahead  CBC.ca
Moncton city council votes yes to Highfield Square purchase  globalnews.ca
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Route selected for south bypass around Regina
The Saskatchewan government has selected the route for the Trans-Canada Highway bypass that will be built around Regina. The south bypass will stretch from Highway 33 southeast of Regina to Highway 1 west of the city.
New Regina south bypass route approved  CBC.ca
Route selected, plans ongoing  Regina Leader-Post
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