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Canadian markets news

At the open: TSX edges higher amid positive earnings
The Toronto stock market was slightly higher Wednesday amid positive earnings news and signs of weakening Chinese growth. The S&P/TSX composite index climbed 13.8 points to 14,569.77.
CANADA STOCKS-TSX opens higher, CN Rail lifts  Reuters
Toronto stock market slightly higher amid earnings news, weak Chinese data  Lethbridge Herald
Times Colonist   Related articles »  
Canada Retail Sales Rise 0.5% in February Led by Pharmacies
Canadian retail sales climbed in February as consumers spent more at pharmacies and department stores. Receipts (CARSCHNG) rose 0.5 percent to C$41.0 billion ($37.2 billion), Statistics Canada said today in Ottawa, matching the median of a Bloomberg ...
Canada Retail Sales Rise in February  Wall Street Journal
Alberta retail sales reach record $6.5 billion in February  Calgary Herald
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UPDATE 1-Celestica revenue falls on soft demand for communications equipment
... * Reports earnings of $0.20/share, in line with est. * Revenue falls 4.4 pct to $1.31 bln, below est. * Expects demand volatility in 2nd-half of 2014 (Adds second-quarter forecast, details, share move).
Canada Stocks to Watch: Barrick Gold, CN and Celestica  Wall Street Journal
Celestica profit soars despite volatile demand in communications business  Toronto Star
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Canada moves ahead of US in phasing out old oil rail tank cars
OTTAWA (Reuters) - Canada announced a unilateral three-year phase-out of older oil tanker rail cars on Wednesday, moving ahead of the United States after last year's derailment in Lac-Megantic, Quebec, that killed 47 people.
UPDATE 1-Canada to strengthen rail-safety rules, newspaper says  Reuters
Canada to strengthen rail-safety rules in wake of tragedy: Reports  Canadian Safety Reporter
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Goldcorp bid for Osisko Mining expires, gold miner withdraws board nominees
VANCOUVER - Goldcorp Inc. (TSX:G) said Wednesday that its takeover offer for Osisko Mining Corp. (TSX:OSK) did not meet its minimum conditions and it has allowed the bid to expire.
Yamana, Agnico both clear winners in Osisko deal  Financial Post
Why Agnico Eagle Mines Ltd. (NYSE:AEM) Shares Rallied on Deal with Yamana ...  iStreetWire
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Three Valeant Directors Decline to Seek Re-Election
Valeant Pharmaceuticals International Inc. said three of its board members are declining to run for re-election to the board at its annual meeting next month, citing Valeant's increased size and their other commitments.
3 Valeant directors won't be standing for re-election  Montreal Gazette
3 Valeant directors won't be standing for re-election, citing time required  Times Colonist (blog)
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CIBC joins private equity firms to explore potential US$3B buyout of asset ...
NEW YORK/TORONTO - Canadian Imperial Bank of Commerce (CIBC), the fifth largest bank in Canada, and two private equity consortia are exploring offers for global asset manager Russell Investments, according to several people familiar with the matter.
CIBC eyes $3-billion deal for US money manager  The Globe and Mail
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Ontario Liberals to announce elimination of debt retirement charge
The Ontario Liberals are expected to set a date today for the elimination of the debt retirement charge, which is supposed to come off hydro bills at the end of next year.
We need political change  Hamilton Spectator
Ontario to trim residential hydro bills  The Globe and Mail
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Inspectors' union raises alarm on Canada's food safety system
VANCOUVER -- Canada's food safety system is being pushed beyond its limits, warns the union representing federal food inspectors, which singles out Vancouver area-consumers as potentially the most at risk.
Cuts leave Canadian consumers open to food fraud: union 0  24 Hours Vancouver
Cuts leave consumers open to food fraud: Union  Sun News Network
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Canada Investigators Probing Chemical Tanker Grounding
OTTAWA�Canadian regulators investigating a chemical-products tanker that ran aground on the St. Lawrence River found the vessel didn't spill the urea it was carrying, a spokesman said late Tuesday.
Tanker Halit Bey freed after running aground in St. Lawrence  CBC.ca
Grounded tanker back afloat in Quebec without any apparent pollution  Ottawa Citizen
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