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Canadian markets news

Low energy prices keep April inflation at 0.8%, lowest since October 2013
OTTAWA - The country's annual inflation rate decelerated under the weight of low energy prices to just 0.8 per cent last month - its smallest increase since October 2013, Statistics Canada said Friday.
UPDATE 1-Canada April inflation at 0.8 pct, smallest gain in 1-1/2 yrs  Reuters
Canada's April inflation slowest since 2013 on cheaper energy  The Globe and Mail (subscription)
Neepawa Press  
ECB battles to keep euro under control
They think it's all over. Until this week, an unexpected rebound in the euro had threatened to upset the plans of the European Central Bank, which wants a weak currency to help revive the eurozone.
European Central Bank head urges eurozone governments not to put off pro ...  Montreal Gazette
Mario Draghi: Structural reforms will unlock Europe's growth potential  Telegraph.co.uk
Shopify IPO spearheads technology revival in Ottawa area
Shopify Inc.'s successful stock-market debut is expected to reverberate well beyond the firm's Ottawa headquarters - and shine a spotlight on what some see as the second coming of the Canadian capital's tech sector.
Shopify's rise part of Ottawa's tech revival  InsideHalton.com
BlackBerry's Chen sees pay packet drops dramatically; stock spikes on buyback
BlackBerry Ltd. chief executive officer John Chen saw a dramatic drop in his pay package for fiscal 2015. Mr. Chen's total compensation for fiscal 2015 was $3.4-million (U.
BlackBerry planning share buyback  bnn.ca
BlackBerry Ltd (BBRY) Initiates Buyback Program After Profitable Quarter  Bidness ETC
Merkel, Hollande Tell Greece to Take Route A to Agreement
Angela Merkel and Francois Hollande told Greece there's no alternative to dealing with creditors as it seeks to unlock bailout funds, after another round of negotiations failed to break the impasse over aid.
Eurozone tells Greece no deal without IMF  Financial Times
Greeks becoming impatient over debt negotiations  RTE.ie
Latest bad news for oil-rich Alberta: more getting unemployment aid
CALGARY, Alberta May 21 The number of Alberta job seekers collecting unemployment benefits rose the most in March since the financial crisis, another sign last year's crude price plunge is still badly hurting the economy of the oil-exporting Canadian ...
Sask. recipients, claims rise in March  Saskatoon StarPhoenix
Canada's Oil-Sands Reputation Risk Seen as Challenging as Costs  Bloomberg
Future Shop store closures weigh on Best Buy results
Best Buy Co. is promising better days for its Canadian unit after store closures in March took a bite out of quarterly that were otherwise ahead of forecasts on improved U.S.
Best Buy Co suffers as Canadian weakness, Future Shop closures dent results  Financial Post
Closing Future Shop No Help: Best Buy Suffers On Canadian Sales Weakness  Huffington Post Canada
Why Vancouver house prices could trigger a labour shortage
Sounding the alarm on Vancouver's real estate market, a new report warns that, by 2025, only individuals working in senior business, construction and engineering positions will be able to afford a house there.
Vancouver's high real estate costs could cause a labour crisis: Report  Globalnews.ca
Metro Vancouver housing market to price out lawyers, doctors  Cloverdale Reporter
64% of crops seeded in Sask.
Farmers across Saskatchewan already have about two-thirds of their crop in the ground, according to the province's latest crop report.
Seeding ahead of schedule, but frost damage a concern  CBC.ca
Husky Energy's Rush Lake heavy oil thermal project starts operations in Canada
Husky Energy has begun commercial operations of the Rush Lake heavy oil thermal project in Saskatchewan, Canada. The facility uses steam-assisted process to extract 10,000 barrels per day (bbls/day).
Husky Energy says Rush Lake project is ready ahead of schedule (HUSKF)  Seeking Alpha
Husky Energy says Rush Lake heavy oil project ready ahead of schedule  Globalnews.ca