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Canadian markets news

Bombardier's C Series delivery pushed back to 2016
Bombardier Inc. says the delivery date of its C Series airliner will be pushed back to 2016 after warning last month such a delay was possible because it doesn't control the process.
Bombardier Says CSeries Plane Won't Fly Commercially Until 2016  Wall Street Journal
Bombardier reveals another CSeries delay pushing delivery to 2016  CBC.ca
CTV News  
Time to rethink overexposure to domestic stocks
The sharp decline in share prices in the energy sector has left this country's investors - even the ones passively invested in equities - even more aggressively exposed to Canada's domestic economy, just as more and more warnings are heard about the ...
CANADA STOCKS-TSX drops as energy, financial shares lead losses  Reuters
Stocks cut losses  Baystreet.ca
Canada Post returns to profit in 2014; revenue higher, costs lower than 2013
OTTAWA - Canada Post Group returned to profitability last year as the postal service cut costs and raised revenue with higher stamp prices and increased demand from Canadians having their online purchases shipped to them.
Canada Post profits soar to $194 million, union wants door delivery reinstated  Business in Vancouver
Canada Post flips to $194M profit in 2014  CBC.ca
Two Vancouver businessmen fined for investment fraud
Two Vancouver businessmen have been ordered to pay penalties totalling almost $52-million after fraudulently raising almost $22-million from investors without revealing their company was near insolvency.
BCSC hits fraudsters with lifetime bans, $15-million fines  Business in Vancouver
Two men fined $30 million, banned from markets for BC investor fraud  Times Colonist
BlackBerry announces lowest quarterly sales in 8 years
BlackBerry posted its lowest quarterly sales in more than eight years on Friday, as the Canadian smartphone maker struggled to find new revenue sources to offset dwindling sales of its handsets.
BlackBerry sends mixed message with year-end results  The Globe and Mail (subscription)
BlackBerry revenue down a third in a year  Irish Times
Target moves to shut all Canadian stores faster than planned
After taking 26 months to launch its first stores in Canada, U.S. discounter Target Corp. is now looking at shutting all 133 of them in just three months - a month less than originally planned.
Retailers glad with Target's retreat  FreshPlaza
Canadian retailers move past the Target era  www.insidebelleville.com/
Mandryk: If only we had learned from Norway
REGINA - There are 5,109,059 million people in Norway who, by 2020, will have one trillion dollars in oil revenue savings. It's only been since 1963 that Norway asserted its sovereign rights over North Sea oil and only since 1980 that it had its first producing ...
Norway's oil riches and Canadian cord-cutting: BUSINESS WEEK WRAP  CBC.ca
REFILE-UPDATE 1-Ski-Doo maker BRP profit tops estimates on new products ...
March 27 (Reuters) - BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, reported a much higher-than-expected quarterly profit, helped by a stronger dollar, the introduction of new powersport vehicles and higher shipments of Can-Am ...
Ski-Doo maker BRP reports strong Q4 results  Stockhouse
Ski-Doo maker BRP sees Russian sales continuing to fall this year  Vancouver Sun
US Fed to start rate hike this year but at gradual pace: Yellen
WASHINGTON, March 27 (Xinhua) -- The U.S. Federal Reserve Chair Janet Yellen said Friday that she expected an increase in the target range for the federal funds rate to be warranted later this year, and the pace for the rate hike would likely be gradual.
Yellen says rate increase may be warranted later in year  Washington Post
Yellen Makes Case for Slow, Cautious Rate Rises After Liftoff  Bloomberg
Joe Fresh to Launch Shoe Line with Aldo
Discount clothing chain Joe Fresh has announced that it will be providing customers a shoe line thanks to a new partnership with Aldo.
Joe Fresh to sell shoes  Vancity Buzz
Canadian retailer Joe Fresh partners with Aldo on value footwear line  Retail Week