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Canadian markets news

Dollar Eases as Fed Looms
The dollar was slightly weaker against most major currencies as traders prepared for a much-anticipated monetary policy decision from the Federal Reserve.
At noon: Stocks edge lower ahead of Fed  Globe and Mail
Equities steady as investors wait for Fed  Financial Times
Montreal Gazette   Related articles »  
Vimpelcom unit drops bid to buy Canada's Wind Mobile
By Alastair Sharp. TORONTO (Reuters) - A subsidiary of European telecoms company Vimpelcom Ltd (VIP.N: Quote) has withdrawn its bid to acquire control of Canada's Wind Mobile, a surprise move that creates further uncertainty about the future of the ...
Wind Mobile backer withdraws application for control  Montreal Gazette
Orascom pulls bid to gain full control of Wind Mobile  Financial Post
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Poloz urges 'stability and patience' in 1st public speech
The central bank will keep its focus trained squarely on keeping inflation in check, Stephen Poloz said in his first public remarks since being named governor of the Bank of Canada.
Bank of Canada says business confidence crucial, urges patience  Reuters Canada
Stephen Poloz: Consumers have done their part, now it's up to businesses  CTV News
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Loblaw testing small discount-store format in Calgary
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw Cos.
Loblaw tests new discount store as grocery rivalry heats up  Globe and Mail
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Aerolia to build fuselage plant in Mirabel, creating 150 jobs
MONTREAL - Aerolia has selected the industrial park at Mirabel airport as the site for a fuselage aerostructures plant that will do work for some of Bombardier's business jets.
Aerolia to Establish Fuselage Plant at Montreal-Mirabel Airport  Marketwire (press release)
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RBC raises Canada's growth forecast, takes positive outlook
TORONTO -- An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.
RBC raises growth forecast for Canada  Montreal Gazette
Alberta economy to be a Canadian leader over the next two years  Calgary Herald
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Imperial Oil to close Nova Scotia refinery, convert it to terminal
Imperial Oil Ltd. will shut its 95-year-old Dartmouth, Nova Scotia, oil refinery after a 13-month search for a buyer came up dry due to the brutal impacts of far too much production capacity on both sides of the Atlantic and the need to import expensive crude into ...
Imperial Oil converting Nova Scotia refinery to terminal operation  Calgary Herald
Imperial to close Nova Scotia refinery, convert it to terminal  Reuters
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Media revenues will be mostly digital by 2015: survey
Consumer use of technology is transforming media and entertainment companies with almost 60 per cent of their revenues expected to come from digital sources by 2015, a new global survey says.
Survey reveals digital will become main revenue for media companies  globalnews.ca
Media companies' digital revenues set to overtake traditional by 2015 ...  DigitalJournal.com (press release)
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Bank of Canada will raise interest rate in July 2014: BMO economist
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
Growth in the United States, more stable Eurpean economy will help  Winnipeg Free Press
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Statoil makes 2nd find in new frontier off Newfoundland
Statoil says it has discovered light, high-quality oil in the Flemish Pass basin 500 kilometres northeast of St. John's, raising hopes for an as-yet-untapped part of the Newfoundland offshore.
Statoil assessing new oil find off Newfoundland  Globe and Mail
REFILE-Statoil finds oil offshore Canada, near previous find  Reuters
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