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Canadian markets news

Tim Hortons pressured by another US hedge fund
Tim Hortons Inc. - already dealing with slumping sales that it blames on the slow economy and $1 drinks at competitors - faces new pressure from a second U.S.
UPDATE 1-Tim Hortons pressed by a second hedge fund, shares jump  Reuters
Tim Hortons being circled by Wall Street hedge funds  CBC.ca
Bloomberg   Related articles »  
Hints of Bernanke's departure adds to doubts on Fed policy
President Barack Obama has given investors something else to ponder ahead of what is already a highly anticipated statement from the U.S.
Whether Past Is Prologue or Not, Stocks Set To Rally  Wall Street Journal
Markets Rally Ahead of Fed Comments  New York Times
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Cenovus grows rail tanker fleet to 800 cars
CALGARY - Thermal oilsands giant Cenovus Energy Inc. says it will increase its rail transportation capacity to 30,000 barrels per day or 10 per cent of overall production by the end of 2014.
Cenovus ramps up oil-by-rail capacity  Globe and Mail
Cenovus to triple amount of crude moved by rail by end of next year  Winnipeg Free Press
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Verizon confirms it is weighing expansion into Canada
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
A Verizon wireless store is shown in Del Mar, California June 6, 2013 ...  The Sudbury Star
US wireless giant confirms interest in Canada  Toronto Star
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Newfoundland and Labrador's Hibernia oil platform. (Handout)
CALGARY - The Canadian government said on Tuesday it will raise the liability for oil spill cleanups off the country's east and Arctic coasts to $1 billion, a more than twenty-five fold increase from its prior limit.
Canada raises liability for offshore oil spills to $1-billion  Globe and Mail
Ottawa raising offshore liability cap to $1B in Arctic, Atlantic waters  CTV News
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Bonnie Brooks steps aside as Hudson's Bay president to take on vice-chairman ...
TORONTO � Bonnie Brooks may be stepping aside as president of Hudson's Bay Co., but she will be taking on an even more important role at the storied department store retailer she helped to revive, its chief executive stressed on Tuesday.
Bonnie Brooks gets a promotion at The Bay  Toronto Star
Brooks exiting as president, takes new role as HBC shuffles top ranks  Globe and Mail
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Toronto's Dufferin St. tops CAA survey of worst roads in Ontario
Dufferin St. has been voted the worst road in Ontario for the second year in a row in a survey conducted by the Canadian Automobile Association.
Toronto's Dufferin Street the worst road in Ontario: CAA  Globe and Mail
Toronto's Dufferin Street named worst Ontario road again  CBC.ca
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Peter Hadekel: Uncertain environment for aerospace companies
Quebec's leading aerospace companies are all seeking business at the industry's big trade show in Le Bourget, near Paris, this week.
Bombardier rivals take off at Paris Air Show  Vancouver Sun
AIRSHOW-UPDATE 1-Bombardier gets up to $1.8 bln in business jet orders  Reuters
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Vancouver airport CEO takes aim at cross-border travellers
The incoming CEO of the Vancouver International Airport says his biggest challenge is to stem the flow of B.C. travellers heading across the border for cheaper flights.
ARRIVED: Craig Richmond Named President & CEO, Vancouver Airport Authority  The Herald | HeraldOnline.com
Industry veteran Craig Richmond named new CEO of Vancouver Airport Authority  Victoria Times Colonist
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Northern Gateway pipeline needed to relieve oil glut, hearing told (updated)
TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and doing nothing is not an option, the lawyer for the Canadian Association of Petroleum Producers told a federal panel weighing the Northern Gateway project.
Canadian oil producers plead for Northern Gateway approval  National Post
Federal panel to hear final pitch for, against Northern Gateway  CBC.ca
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