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Canadian markets news

The close: TSX falls on commodity retreat, ekes out August gain
Canada's main stock index fell on Wednesday as lower oil and gold prices weighed on energy companies and miners, while financial and other interest rate-sensitive stocks slipped as investors considered the likely path of U.S.
Toronto stock market down after disappointing GDP data, low oil prices  CTV News
North American stock markets, Canadian dollar and crude oil prices down  The Daily Courier (subscription)
Toronto Star  
Economy posts worst quarter since financial crisis on wildfire hit
The Canadian economy turned in its weakest quarter since the Great Recession during the second quarter, as Alberta's wildfires and slumping exports took a big bite out of the country's economic output.
Philip Cross: Canada's economy keeps dragging — and government policies ...  Financial Post
Canada Must Build 21st Century Trade Routes To Escape Low Growth  Huffington Post Canada
Joe Chidley: Why a Potash-Agrium merger might end up growing on investors
Nothing excites investors like fertilizer, apparently. On Tuesday, two Canadian heavyweights in the business - Calgary-based Agrium Inc. and Saskatoon-based Potash Corp.
NDP Opposition critical of move to allow Chinese government-owned Yancoal to ...  CBC.ca
Groundwork for potash deal laid in boardroom  The Globe and Mail
Toronto pharmaceutical company behind new Parkinson's drug bought for $820 million
Days after winning regulatory approvals for a new drug to treat Parkinson's disease, Toronto-based Cynapsus Therapeutics Inc. announced it would sell itself to a much larger international pharmaceutical company for $820 million.
Toronto-based Cynapsus Therapeutics to be bought by Sunovion for $820 million  The Chronicle Journal
Sunovion Pharma to buy Canada's Cynapsus for $624-million  The Globe and Mail
Ontario, Quebec sign climate policy deal with Mexico
Ontario and Quebec signed an agreement with the Mexican government Wednesday to jointly develop carbon markets with the aim of allowing companies in those provinces to purchase Mexican greenhouse-gas-reduction credits to satisfy provincially ...
Today's letters: Cap-and-trade good, Stephen Harper cartoon bad  Ottawa Citizen
Ontario Working with Qu´┐Żbec and Mexico to Advance Carbon Markets  Government of Ontario News
Business group predicts pain at Canada Post after tentative contract deal reached
Canada Post and its employees have merely reached a "peace treaty" ahead of the busy holiday shopping season, a business lobby group warned Wednesday, predicting little but long-term pain for the Crown corporation.
Canada Post, union reach tentative agreements  CTV News
Liberals face stark choices on Canada Post: Walkom  Toronto Star
National Bank posts higher profit but growth in core businesses disappoints
National Bank of Canada reported a 6-per-cent gain in its quarterly profit, but higher expenses and challenging operating conditions weighed on its share price.
National Bank quarterly profit rises 6% on ABA acquisition  bnn.ca
National Bank of Canada profit beats market forecasts  Reuters Canada
Big slug off runoff has river rising in central Saskatchewan
PRINCE ALBERT, Sask. -- People in and around Prince Albert, Sask., are being cautioned to stay away from the North Saskatchewan River due to a rapid rise in levels brought on by recent heavy rain in Alberta.
Prince Albert sees rising water, debris in North Saskatchewan River  Globalnews.ca
Wave of water rolling past Prince Albert today  CBC.ca
Gordie Howe's ashes to be interred in Saskatoon statue
A Saskatoon official said Wednesday that the city has received permission from the province to inter the cremated remains of Howe and his wife, Colleen, at the base of a statue that honours him.
Gordie Howe to be interred in Saskatoon statue honouring Mr. Hockey  Globalnews.ca
Gordie Howe to be Buried at SaskTel Centre  Arena Digest
CBC disappointed by CRTC decision to halt Radio 2 ads
The federal broadcast regulator on Wednesday ruled against the CBC's application for an extension to continue commercial advertising on Radio 2 and ICI Musique.
CBC to stop playing ads on Radio 2, ICI Musique after CRTC decision  Toronto Star
CRTC decision means fewer resources for CBC/Radio-Canada programs and services  Montreal Gazette