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Canadian markets news

Yahoo valued at less than Asian assets after Alibaba's IPO
The Web portal's shares fell as much as 6 percent after Alibaba Group Holding Ltd. - which Yahoo owns a stake in - made its stock market debut today.
Alibaba IPO Brings Lucrative Gains for a Select Few  Wall Street Journal
Alibaba's affluent: Instant riches for company workers  USA TODAY
New York Times   Related articles »  
Quebec's consumer protection law applies to banks: Supreme Court
OTTAWA - Canada's top court has restored a Quebec trial judge's decision that penalizes several of the country's big banks for failing to meet provincial disclosure requirements when they charged currency-conversion fees to their credit card customers.
Banks on the hook to Quebecers for undisclosed currency conversion charges  St. Catharines Standard
Supreme Court of Canada says provincial consumer protection laws apply to ...  Financial Post
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Canadian home ownership more costly than thought, BMO report says
New home hunters be warned: The price you expect to pay for a new home is likely $83,556 short of what you'll actually end up spending, according to a new survey.
Calgary house hunters expect to pay more than they first thought  Calgary Herald
House hunters spending more to get less: BMO survey  Toronto Star
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US judge awards $40.7M in SEC case over bitcoin Ponzi scheme
Mock bitcoins are displayed on a table in an illustration picture taken in Berlin in this Jan. 7, 2014 file photo. REUTERS/PAWEL KOPCZYNSKI.
US judge awards $40.7 million in SEC case over bitcoin Ponzi scheme  Reuters
Texas Man Must Pony Up $40.7M for Bitcoin Scam  Courthouse News Service
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TSX falls more than 200 points, pulled down by metals, gold, materials
The TMX Group logo, home of the TSX, is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim. TORONTO - The Toronto stock market pulled back sharply Friday, weighed down by metals and mining, gold and materials stocks.
At midday: TSX sees broad decline; Alibaba steals the spotlight  The Globe and Mail
TSX lower despite optimism created by Scotland's poll results  CBC.ca
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Nordstrom arrives in Canada, promises unique experience
U.S. luxury retailer Nordstrom opened its first store in Canada Friday, and the CEO says the company will offer Canadian shoppers a different experience than their stores south of the border.
Opening day for Nordstrom at Chinook Centre  Calgary Herald
Nordstrom opens first Canadian retail store in Calgary  660 News
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TransCanada stock gains continue on speculation of company breakup
TransCanada Corp. stock jumped for a second successive t day on speculation that U.S. activist investors are gauging interest among major shareholders for a breakup of the pipeline and power company.
Mason Capital Met With TransCanada Shareholders  Wall Street Journal
TransCanada Says Existing Structure Will Produce Growth  Bloomberg
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Keystone XL pipeline costs to nearly double to as much as US$10B ...
CALGARY - Costs for the long-delayed Keystone XL pipeline will likely balloon from US$5.4 billion to as much as US$10 billion, TransCanada Corp.
The 10 Funniest Moments in the Keystone XL Fight  Businessweek
TransCanada Keystone Cost May Rise 85% Before U.S. Ruling  Bloomberg
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Inflation rate flat
OTTAWA�Canada's annual inflation rate held steady at 2.1 percent in August, according to new Statistics Canada figures released today.
Manitoba sees no change in inflation rate  Winnipeg Free Press
Saskatchewan has Canada's highest inflation rate: StatsCan  CBC.ca
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Could a crowdfunded bus soon serve Liberty Village?
TORONTO - Toronto's next bus route might be downtown, east-west and open to only a select few if a crowdfunding effort is successful.
Congestion in Liberty Village 'so bad,' residents willing to pay for ...  CP24 Toronto's Breaking News
Crowd-funded bus takes a run at transit-starved Liberty Village  CBC.ca
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