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Canadian markets news

TSX down: miners fall on weak data, rails drop as unsafe tank cars phased out
TORONTO -- The Toronto stock market closed lower Wednesday amid positive earnings news and signs of weakening Chinese growth. The S&P/TSX composite index lost 22.58 points to 14,533.39.
TSX ends lower as Valeant pulls back  Reuters Canada
CANADA STOCKS-TSX ends slightly lower as banks weigh, Valeant pulls back  Reuters
Regina Leader-Post   Related articles »  
Alstom restructures its operations and eliminates 150 jobs in Montreal
MONTREAL - French train manufacturer Alstom is eliminating about 150 full-time positions, or more than half the workforce, at its Montreal plant as it transfers activities to Europe.
Alstom to cut 150 jobs in Montreal  CBC.ca
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Gas prices spike earlier than usual
Along with the arrival of the Easter Bunny comes at least two other Canadian rites of spring: the Maple Leafs missing the playoffs and a spike in gas prices.
Gas prices continue to rise  Newstalk 1010
Pump prices in Regina hit record high for April  Regina Leader-Post
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Crescent Point buys CanEra Energy for $750-million
Crescent Point Energy Corp. is buying privately held oil and gas producer CanEra Energy Corp. for about $750-million in cash and stock to expand its position in a Saskatchewan oil formation that is seen as a potentially large new source of supply.
Crescent Point buys CanEra Energy in $1.1B deal  Calgary Herald
Canada's Crescent Point to Buy Private Oil Producer CanEra Energy  Wall Street Journal
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Ottawa opens door to new shared-risk pension plans
The Conservative government is throwing a new idea into the heated debate over pensions, launching a national discussion of proposed new plans that share the investment risk between employers and employees.
Ottawa to propose risk-sharing pension scheme  Toronto Star
Grits deliver message to save for retirement  Ottawa Sun
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Nexen CEO who helped arrange sale to Chinese firm replaced
Nexen Energy, the Calgary-based oil and gas company acquired last year by Chinese state-owned firm CNOOC Ltd., is replacing Kevin Reinhart as CEO.
China's Cnooc sells multibillion-dollar bonds  MarketWatch
Key CNOOC executive in Nexen acquisition to lead subsidiary  The Globe and Mail
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Phasing out 5000 unsafe rail cars 'a big step forward' after Lac-Megantic
The federal government's decision to phase out unsafe rail tank cars and immediately prevent 5,000 of them from carrying dangerous goods is �a big step forward� in rail safety, the president of the Federation of Canadian Municipalities said Wednesday.
Tanker cars pulled off the rails  CHCH News
Canada Toughens Rules for Carrying Crude Oil by Rail  Wall Street Journal
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Ronald McDonald gets a makeover, loses jumpsuit, takes on Twitter
Same clown, new clothes: Is that the main takeaway of McDonald's newest makeover of its brand ambassador Ronald McDonald? On Wednesday, the Oak Brook, Ill.
'Selfies� Here I Come!' Ronald McDonald Gets Cargo Pants, Twitter  Wall Street Journal (blog)
He's lovin' it: Ronald McDonald rocking a new look  USA TODAY
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Ontario Liberals using debt retirement charge as slush fund
Ontario smart meter (7 ways) Ontario smart meter. (Dave Abel/Toronto Sun files). Article. Tweet. Change text size for the story; Print this story.
Ontario's three party leaders need group therapy: Cohn  Toronto Star
Home hydro bills to go up despite Liberal promise to remove charge  Waterloo Record
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Bangladesh and Saskatchewan potash industry reach landmark trade agreement
A trade agreement signed on Wednesday between Canada and Bangladesh will see Saskatchewan export potash to that country for the first time in more than two decades.
Canpotex signs $60 million deal with Bangladesh  StarPhoenix
Bangladesh signs on to buy Sask. potash  650 CKOM News Talk Radio
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