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Canadian markets news

Valeant deal sparks share jump, helps TSX ends week higher
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.
Toronto Stocks Close Higher; Manitoba Telecom, Valeant Rise  Wall Street Journal
TSX lifted on possible Valeant deal  Financial Post
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Egyptian tycoon to buy MTS fiber network in new Canada push
By Alastair Sharp and Euan Rocha. TORONTO (Reuters) - Manitoba Telecom Services Inc (MBT.TO: Quote) will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million (US$503 million), a deal that ...
Manitoba Telecom deal to sell Allstream shifts industry landscape once again  Financial Post
Manitoba Tell sells Allstream to Egyptian billionaire's firm Accelero  Montreal Gazette
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Royal Bank releases supplier code of conduct after outsourcing backlash
TORONTO - The Royal Bank, which faced fierce backlash earlier this year over an outsourcing arrangement with a supplier that used temporary foreign workers, said Friday it won't send work offshore just to save on salaries.
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
Low rates help keep home affordability stable: report  Globe and Mail
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Loblaw files prospectus for Choice Properties REIT
Loblaw Cos. Ltd. filed a preliminary prospectus Friday aimed at creating one of Canada's largest commercial real estate trusts including some 75 per cent of the company's real estate assets.
Loblaw Said to Seek $387 Million for Canadian Property IPO  Bloomberg
Loblaw files preliminary prospectus for $7-billion REIT  National Post
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Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan
EDMONTON - Kinder Morgan Canada has taken the next step in its plan to almost triple the capacity of its Trans Mountain oil pipeline from Alberta to Burnaby, B.C.. The corporation has filed a formal description of the proposed $5.4 billion, 1,150 ...
Kinder Morgan mum on route of Trans Mountain pipeline expansion  Globe and Mail
Kinder Morgan to file Trans Mountain expansion plan with Canadian energy ...  Vancouver Sun
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US meat packaging regulations un-'COOL,' Manitoba government says
A trade war may be brewing between the Canadian and U.S. governments over meat packaging regulations. The Manitoba government issued a press release saying it supports the possible use of retaliatory measures by the federal government in response ...
Canada threatens retaliation over US meat-labelling rules  CBC.ca
Ottawa weighs retaliation over new US meat label rules  Globe and Mail
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First TD Buyback in 6 Years Seen Helping Stock: Corporate Canada
Toronto-Dominion Bank (TD)'s first share buyback in more than six years adds to a 10-year high in Canadian capital repurchases as companies try to soften the blow of underperforming stock prices.
Canadian Bank CFOs on the �Great White Short��Good Luck With That  Wall Street Journal (blog)
TD Bank profit rises despite sluggish housing growth  Toronto Sun
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Yahoo joins growing list of bidders for Hulu: sources
By Ronald Grover and Greg Roumeliotis. LOS ANGELES/NEW YORK | Fri May 24, 2013 4:19pm EDT. LOS ANGELES/NEW YORK (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned ...
KKR, Yahoo and Silver Lake/WME join list of Hulu suitors  Los Angeles Times
Yahoo 'makes offer' for Hulu as bidding war escalates  The Guardian
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Study ranks Canada third-worst among affluent nations for paid vacation
With peak vacation season set to kick off, a U.S.-based economic policy think tank has sobering news for Canadians. Among the 21 affluent nations studied by the Center for Economic Policy and Research, Canada ranked third-worst in terms of legally ...
Canada ranks 3rd last in paid vacations  CBC.ca
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
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Barrick hit with $16-million fine over Pascua-Lama gold mine
Barrick Gold Corp. won't contest a $16.4-million (U.S.) fine levied by Chile's environment agency over water protection measures near its Pascua-Lama mine.
Chile Fines Barrick Gold Over Big Mine Project  Wall Street Journal
Chile blocks Pascua-Lama mine, fines Barrick for environmental violations  Globe and Mail
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