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Canadian markets news

RioCan in talks to recoup millions in lost rent from Target Canada
The largest landlord of insolvent Target Canada is in talks with its U.S. parent to try to collect what could be hundreds of millions of dollars of lost rent and other store costs as a result of the retailer's abrupt closing.
RioCan Real Estate mulling sale of US portfolio
Canada's RioCan says to explore sale of US portfolio  Reuters
Financial Post  
Ottawa closes sale of Canadian Wheat Board, name changes to G3 Canada Ltd
The federal government has closed the book on the agency that once marketed almost all the grain produced by western Canadian farmers.
Investor group takes over grain handler CWB, renames it G3 Canada  Business Recorder (press release) (blog)
UPDATE 1-Investor group takes over grain handler CWB, renames it G3 Canada  Reuters
Enbridge Inc hits 'headwind' on Line 9 project and takes writedown on ...
CALGARY - Despite beating analysts' expectations, Enbridge Inc.'s second quarter earnings were hampered by delays to its Line 9 pipe reversal and a $440-million writedown on its goodwill.
Enbridge expects Line 9B pipeline testing to wrap up by year-end  Montreal Gazette
Enbridge reports lower Q2 profits  Toronto Star
View From Calgary: The week in oil wasn't pretty
Imperial Oil Ltd, Canada's No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices.
Imperial Oil's profit misses as crude prices plunge  Reuters Canada
Fast ramp-up at Kearl expansion spurs Imperial production beat  Calgary Herald
Resolute Forest Products reports second-quarter loss, sales down from year ago
MONTREAL - Resolute Forest Products Inc. (TSX:RFP) reported a loss of US$4 million in its latest quarter compared with a loss of $2 million a year ago.
Resolute Forest Products Upgraded at Zacks (RFP)  Dakota Financial News
Resolute Forest Products (RFP) Posts Quarterly Earnings Results, Beats ...  sleekmoney
Multiple drones force BC wildfire crews to halt air operations near Kelowna
WEST KELOWNA, B.C. - Crews have been forced to halt air operations on a wildfire burning near West Kelowna, B.C., due to multiple drones flying overhead.
BC fires: West Kelowna firefighters' efforts interfered with by drones
Wildfire air attack grounded by drones near West Kelowna  The Daily Courier (subscription)
Southwest ring road project gets $583M from Ottawa
Calgary MP Jason Kenney announced nearly $583 million for Calgary's southwest ring road on Thursday. The money will come from the $4-billion National Infrastructure Component of the New Building Canada Fund.
Feds commit up to $582.9M in funding to complete Calgary's ring road  CTV News
Feds grant NDP wish with $583 million for Calgary ring road  660 News
Home Capital Group Given New C$34.00 Price Target at TD Securities (HCG)
Home Capital Group logo Investment analysts at TD Securities lowered their price target on shares of Home Capital Group (TSE:HCG) from C$36.00 to C$34.00 in a research note issued to investors on Saturday, MarketBeat.
Clarification Related to Information Provided on Home Capital Group's Q2 ...  Canada NewsWire (press release)
Home Capital Group Given Sector Outperform Rating at Scotiabank (HCG)  Mideast Time
Goldcorp slashes dividend by 60 per cent, reports second-quarter profit up
Goldcorp Inc, the world's most valuable gold miner, reported a lower net-adjusted profit on Thursday, as an ongoing slump in bullion prices squeezed earnings.
Goldcorp reports lower profit, jump in production  Dispatch Times
Goldcorp cuts dividend, expects improved 2015 output  Fx Report Daily
Cameco (T.CCO) earnings drop 31%, but management sees blue sky
SASKATOON - The head of Cameco Corp. (TSX:CCO, Forum) says the uranium market is set to improve as the company reported a 31 per cent drop in quarterly earnings.
Cameco Australia Pty Ltd Earns 51% Interest in Kintyre Rocks Project ...  MarketWatch
Uranium producer Cameco raises 2015 revenue forecast  The Globe and Mail