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Canadian markets news

US GDP Falls By Revised 0.7% In Q1
Economic activity in the U.S. contracted for the first time in a year in the first quarter of 2015, according to revised data released by the Commerce Department on Friday.
Austrian Q1 GDP growth confirmed at 0.1 per cent  Economic Times
Some blame EU Commission for Greek obstinacy in debt talks
BRUSSELS Damned if you do, damned if you don't. Some euro zone countries are accusing the European Commission of giving Greece false hope of new loans for less reform effort, but they still want Brussels to find a way to keep a defiant Athens in the euro ...
Negotiations continue following Lagarde's Grexit warning (GREK)  Seeking Alpha
Europe Stocks Decline on Concern Greece Far From Reaching Deal  Bloomberg
Economy in U.S. Shrank 0.7% in First Quarter as Trade Gap Jumped
The world's largest economy hit a bigger ditch in the first quarter than initially estimated, held back by harsh winter weather, a strong dollar and delays at ports.
US economy contracts in first quarter, dollar hits corporate profits  The Globe and Mail
US economy shrank in first quarter amid collapse in exports  Telegraph.co.uk
Scotiabank profits beats Bay Street estimates
The Bank of Nova Scotia delivered second-quarter profits on Friday that beat Bay Street estimates, wrapping up another earnings season of better-than-expected results by Canada's Big Banks.
Scotiabank profit up 2% prompts share buyback of 24 million stock  CBC.ca
Scotiabank beats estimates as profit rises slightly, unveils share buyback  The Globe and Mail (subscription)
Scotiabank Reports Second Quarter Results
... ----------------------------------------------------------------------- ----- All amounts are in Canadian dollars and are based on our unaudited Interim Condensed Consolidated Financial Statements for the quarter ended April 30, 2015 and related notes prepared in ...
Is Canadian Imperial Bank of Commerce the Top Bank Stock to Buy Today?  The Motley Fool Canada
UPDATE 3-RBC profit tops expectations on domestic banking, capital markets  Reuters
Pattullo Bridge closures coming in summer 2016
Motorists will be left with few options after TransLink announced Thursday it will be restricting traffic on the Pattullo Bridge for 18 months to undertake $100 million in major repairs next summer.
Brace for Pattullo woes  Castanet.net
TransLink warns 18 months of Pattullo Bridge closures coming  CTV News
Number of wildfires in Alberta down, situation helped by cooler weather
An official update from the Alberta government Thursday showed while wildfires continue to burn across the province, the situation is improving - partially with the help of cooler temperatures.
Weather helps quell Alberta wildfires  Toronto Sun
As wildfires blaze, help arrives from across Canada  Edmonton Journal
Recession unavoidable for Alberta this year: report
Continuing low oil prices mean the Alberta economy likely will shrink this year, says the Conference Board of Canada. next play/pause pre 1/1.
5 things you should know as you start your workday  Financial Post
Ontario's prospects remain bright: Conference Board  Toronto Star
Unionization rate more stable for Canadian women than men
VANCOUVER (NEWS1130) - Unionization in Canada continues a long decline, but more so for men than women. A Statistics Canada “megatrend” analysis shows 37.6 per cent of the workforce belonged to a union in 1981, but by last year the unionzation ...
Canadian Oil And Gas Firms See Largest Profit Collapse On Record, And ' ...  Huffington Post Canada
Are Unions as We Know Them Becoming a Thing of the Past?  KelownaNow
Teck to put Canadian coal mines on summer hiatus amid slumping prices and ...
In Sparwood, a community in the epicentre of British Columbia's coal-mining industry, news Thursday that Teck Resources Ltd. will suspend operations at its western Canadian facilities for three weeks over the summer to reduce production was better than the ...
Teck closing its 6 coal mines in BC and Alberta for 3 weeks  CBC.ca
WSJ: Teck's cuts are not enough to fire up coal prices  Seeking Alpha