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Canadian markets news

Yes, Tumblr's Cool � Just Not for the Reasons You've Heard
If you've heard anything about Yahoo chief executive Marissa Mayer's announcement that Yahoo would spend $1.1 billion to buy Tumblr, it's that the deal is about making Yahoo �young� and/or �cool� again.
Mayer Stakes Yahoo Turnaround on Tumblr Takeover  Businessweek
Tumblr Deal: Will Marissa Get It Right?  Forbes
ABC News   Related articles »  
Carney urges Canada to focus on emerging economies
OTTAWA�Bank of Canada governor Mark Carney is leaving Canada with some parting advice - seize the country's natural advantages.
BOC's Carney: Evolution of Housing, Household Debt Unfinished  Wall Street Journal
Europe faces lost decade, says Mark Carney  Telegraph.co.uk
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BMO taps US ambassador to Canada for vice chairman role
Bank of Montreal has snagged David Jacobson, the U.S. ambassador to Canada, as its next vice chair. In his new role that begins in October, Mr. Jacobson will be responsible for building key customer relationships and business development.
After term ends, US ambassador to Canada David Jacobson to join BMO  CTV News
Departing US ambassador to Canada hired as BMO vice-chair  CBC.ca
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TSX climbs on gold, energy gains
TORONTO - The Toronto stock market surged ahead Tuesday following a long holiday weekend, boosted by strong gains in the gold and energy sectors.
TSX hits 1-1/2 month high on broad rally, positive data  Reuters Canada
Toronto Stocks Surge at Midday; Commodity Stocks Lead  Wall Street Journal
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Deal to protect boreal forest caribou fails
Three years of efforts to protect Canada's boreal forest have ended in failure as negotiations broke down over how much land to set aside for conservation.
Boreal forest conservation talks collapse  Globe and Mail
Boreal Forest agreement negotiations end in failure after three years  Winnipeg Free Press
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Train carrying crude oil derails east of Saskatoon
Emergency crews have now contained crude oil leaking from a damaged rail car, according to a CP Rail spokesperson. The derailment happened this morning about 150 kilometres east of Saskatoon.
CP Rail says oil leaking after tankers derail in Saskatchewan  Reuters Canada
Rail car leaking oil after derailment near Jansen  CTV News
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Car-tracking devices could lower insurance rates for Alberta drivers
Drivers who brag they're better behind the wheel than fellow motorists could soon get their chance to test their bravado. Technology is allowing motorists to see exactly how good they really are and the insurance industry is keen to see such devices allowed in ...
Big brother could soon be watching behind the wheel  660 News
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Low Rates Can Raise Risks at Canada Banks, Dickson Says
Julie Dickson, Canada's banking regulator, said the current period of low interest rates threatens to increase risks for the country's lenders and that it has become an issue she's closely monitoring.
Canada's Bank Regulator Keeps Close Watch as Super-Low Rates Persist  Wall Street Journal
Canada bank regulator says watching housing risk, pleased so far  Reuters Canada
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Federal officials quarantine Nova Scotia apple orchard after rare pest detected
KENTVILLE, N.S. - Federal food safety officials have placed an apple orchard in Nova Scotia's Annapolis Valley under quarantine after the detection of a destructive pest for the first time in North America.
Annapolis Valley apple orchard quarantined  CBC.ca
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Pipeline delays 'staggering' blow for Canadian economy: McKenna
The mismatch between the level of oil production in Canada and the pipeline capacity to get it to markets is causing a �staggering� blow to the Canadian economy, Toronto Dominion Bank deputy chairman and former New Brunswick Premier Frank McKenna ...
Pipeline would create local investment opportunities  Sarnia Observer
Pipeline will benefit all Canadian families  Nanaimo News Bulletin
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