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Canadian markets news

TSX post 63-point gain after Tuesday's big drop
TORONTO -- The Toronto Stock Exchange posted a solid, double-digit gain, but it wasn't nearly enough to make up for Tuesday's sharp drop.
New York advances strongly; TSX posts 63-point gain amid rate hike anxiety ...  Vancouver Sun
TSX ends higher, energy stocks weigh  Reuters Canada
Calgary home sales down 27% in August
Calgary home sales plunged in August compared with last year as weakness in the energy sector continued to weigh on the housing market.
House sales plunge in Calgary as energy sector job losses mount  The Globe and Mail (subscription)
Housing sales slow down in Calgary  News Talk 770 Calgary
Poll finds parents feeling the pinch of supporting adult children
The CIBC survey has found that two-thirds of Canadian parents polled say they're feeling the financial impact of supporting their adult children.
A new CIBC poll suggests that two thirds of parents are pay their adult ...  CTV News
Twentysomethings are sapping their parents' retirement nest eggs: poll  Hamilton Spectator
Sears Canada sees turnaround momentum, even as search for new CEO continues
Tyler Anderson / National PostSears Canada can succeed as a retailer that fits in a niche between discount chains like Walmart and more upscale apparel and home goods retailer, says executive chairman Brandon Stranzl.
Sears Canada says Q2 was a 'turning point,' slide in store sales ...  Montreal Gazette
Sears Canada operating loss narrows on cost cuts  Reuters Canada
Senior-housing companies rally after Amica agrees to buyout
Senior-housing companies in Canada rallied after Amica Mature Lifestyles Inc. agreed to be acquired by a pension fund-backed company, extending an industrywide consolidation.
Ontario Teachers'-owned BayBridge to buy senior homes operator Amica  Reuters Canada
UPDATE 2-Ontario Teachers'-owned BayBridge to buy senior homes operator ...  Reuters
Total planning to fight $11.5-million tax bill from Canada Revenue Agency
CALGARY - The Canada Revenue Agency is demanding $11.5 million in tax owing and interest from Total Energy Services Inc. (TSX:TOT), a ruling the Calgary-based company says it plans to contest.
Oil Giant Total To Fight $11.5-Million Tax Bill From Canada Revenue Agency  Huffington Post Canada
Total Energy Services Inc. Announces Receipt of CRA Notices of Reassessment  MarketWatch
Quebec's Valeant buys Synergetics USA for $192M
Canadian drugmaker Valeant Pharmaceuticals said Wednesday it will buy eye surgery product maker Synergetics USA for as much as $192 million.
Market Wrap: Private Job Gains Lag in August; Valeant Makes New Acquisition ...
Valeant Pharmaceuticals global Inc to buy Synergetics USA Inc to  PPP
Canada's 'technical' recession: Unjumbling the economic jargon
It's the economy, stupid. The Conservative Party has faced an onslaught of criticism since Statistics Canada revealed that Canada had slipped into a "technical" recession during the first half of the year.
Harper vows to do more to welcome Syrian refugees to Canada if re-elected  The Guardian
Canada in recession a field day for opposition: Olive
GM smokestack demolition 'flawlessly executed,' says Jones Group Ltd.
Jones Group Ltd. used used hydraulic excavators to demolish the smokestack at the former GM transmission plant on Tuesday around 3 p.m.
Jones Group explains surprise demolition of GM smokestack  CTV News
Company defends take-down of old GM smokestack  Windsor Star (blog)
City to open Mosaic stadium to the public on Saturday
For those curious about the construction of Regina's new football stadium, or perhaps wondering what the inside looks like, the City of Regina is inviting the public to see for themselves on Saturday.
Stadium 54% complete; public to get sneak peek  CTV News
Mosaic Stadium Project On Time And On Budget