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Canadian markets news

Bernanke warns ending US stimulus efforts too soon carries substantial risks
WASHINGTON -- Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
Global shares rise after Bernanke comments  Reuters
US Stocks Rally After Bernanke Testimony  Wall Street Journal
Bloomberg   Related articles »  
Boil-water advisory widens for Montreal area
MONTREAL �A boil-water advisory issued Wednesday morning for the southwest sector of Montreal has now been extended to many other areas both on and off the island.
Water in most of Montreal unsafe to drink  CTV News
Boil water advisory in effect across Montreal  CBC.ca
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Sears Canada post $31.2 million first quarter loss
Sears Canada Inc. (TSX:SCC) posted a $31.2 million loss as well as lower revenue in its latest quarter but says its transformation program is showing positive results that have improved margins and boosted some categories.
Sears Canada posts loss as demand dips for home products  Reuters Canada
CANADA HOT STOCKS TO WATCH: Sears Canada, Oncolytics, Canaccord ...  Wall Street Journal
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CANADA STOCKS-TSX rallies to 2-mth high on Fed comments, led by miners
Wed May 22, 2013 11:11am EDT. * TSX rises 110.48 points, or 0.87 percent, to 12,852.91 * Nine of 10 main sectors advance * Gold shares add more than 4 percent By John Tilak TORONTO, May 22 (Reuters) - Canada's main stock index rose on Wednesday ...
TSX opens higher in broad gains, led by gold miners  Reuters Canada
Canadian Stocks Rise for Third Day as Commodity Producers Rally  Bloomberg
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UPDATE 2-Canada retail sales flat but higher volumes spur optimism
Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.
Retail sales down in province  Winnipeg Free Press
Canada retail sales unchanged in March, gas prices a drag  Reuters Canada
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Jasper business owner in running for top young entrepreneur
CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.
BDC Young Entrepreneur Award 2013 finalists vie for $125000 in prizes  Financial Post
Canadians cast votes to choose 2013 BDC Young Entrepreneur Award winner  Wall Street Journal (press release)
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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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5.22.13: Housing slowdown? Canadians don't seem to think so
And that 48% is mostly unchanged from late 2012, suggesting that Canadians remain confident in their housing market. The BMO poll found that Vancouver and Atlantic Canada are particularly bullish, with both showing an increase in buying intentions, while ...
Slowdown? Nearly half of Canadian home owners eager to buy property  Globe and Mail
Homebuying intentions remain relatively strong, says bank survey  Winnipeg Free Press
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CP Railway reopens line, cleans up after oil spill
TORONTO (Reuters) - Canadian Pacific Railway Ltd said on Wednesday it has repaired and reopened a rail line near Jansen, Saskatchewan, and continues to clean up after a derailment that spilled 575 barrels of crude oil on Tuesday.
Rail line reopens in southeastern Saskatchewan after derailment that spilled oil  Winnipeg Free Press
Canadian Pacific Spills Most Oil in Three Months in Saskatchewan  Bloomberg
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Paying off bills hurting Canadians' ability to save: study
MONTREAL -- 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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