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Canadian markets news

TSX tumbles to near four-month low on US data, Ebola fears
By John Tilak. TORONTO (Reuters) - Canada's main stock index dropped on Wednesday to a near four-month low as worries about a slowdown in U.S.
Stock markets selloff, US manufacturing data adds to global economic woes  CTV News
The Day On Bay: The TSX Has A Bug That Tekmira Pharmaceuticals Couldn't Cure  Business in Canada
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CP Rail looks to boost revenue to C$10 billion in 2018
(Reuters) - Canadian Pacific Railway Ltd (CP.TO) will aim to boost its annual revenue to C$10 billion ($8.96 billion) in 2018 and more than double earnings per share over the next four years, the company said in a release on Wednesday.
Canadian Pacific Sees Profit Doubling by 2018 as Revenue Climbs  Businessweek
CP lays out part of long-awaited four-year plan  The Globe and Mail
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Loonie closes higher in reaction to weak US economic data
The Canadian dollar closed higher Wednesday as the U.S. currency weakened following the release of weaker-than-expected American manufacturing data.
CANADA FX DEBT-C$ starts 4th quarter firmer, but not expected to last  Reuters
Loonie up, greenback down: US manufacturing databelow expectations  Cape Breton Post
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Sale Price for Canada Coal Mine: $2
The coal market has been hit by oversupply and the Chinese steel market has cooled. Above, a plant in China. REUTERS. The Asian owners of a billion-dollar Canadian coal mine are in talks to sell a majority stake of the mine for $2, underscoring the impact ...
Canadian coal mine Grande Cache sold for US$2 amid plunging bulk ...  Financial Post
Mining fire sale: Alberta coal company sold for $2  The Globe and Mail (subscription)
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Generous auto incentives accelerate Canadian deliveries up 13 per cent
Vehicle sales maintained their torrid pace in Canada last month - heading for a record year - and continued their robust recovery in the U.S.
UPDATE 3-Canadian vehicle sales drive toward record year  Reuters
Sales of major automakers jump in Canada in September  Reuters Canada
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Ivanho� closes sale to Cominar at $1.24 billion, cuts 60 jobs
MONTREAL - Ivanho� Cambridge and Cominar Real Estate Investment Trust have closed a transaction for the sale of 14 properties at $1.24 billion.
Closing of the transaction between Ivanho� Cambridge and Cominar  Canada NewsWire (press release)
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Canadian coffee firm sues Keurig, alleges unfair competition
Alleging anti-competitive behavior, Canadian coffee upstart Club Coffee is suing American single-serve pod giant Keurig Green Mountain Inc. and its Montreal-based subsidiary for $600 million.
Club Coffee sues rival Keurig, alleges unfair competition over coffee pods  Vancouver Sun
Canada's Club Coffee sues Keurig Green Mountain for $600 million  Reuters
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First Nations join Vancouver land deal valued at $302M
In a deal valued at just over $302 million, three parcels of land�in Point Grey, Cambie and West Vancouver�are now held in joint ownership by a coalition of B.C.
Jericho Lands in Vancouver finally sold in deal to develop high-end real estate  Vancouver Sun
Joint venture paves way for historic First Nations land acquisition in Vancouver  Globalnews.ca
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Neighbourhoods to lose on-street parking for winter
EDMONTON - Councillors are worried about seniors and paramedics scrambling over one-metre-high windrows this winter, but approved a pilot project anyway.
Edmonton councillors approve one-side parking ban snow-clearing pilot  MetroNews Canada
Snow-removal pilot project discussed by city's transportation committee  Edmonton Sun
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Canada's Royal Bank says will not spin off US proprietary trading
TORONTO (Reuters) - Royal Bank of Canada (RY.TO: Quote) has decided not to divest its U.S. proprietary trading arm in its current form but will work to comply with new regulations there, the lender said on Wednesday.
RBC Opts Against Spinning Off U.S. Proprietary Trading Unit  Bloomberg
RBC Proprietary Trading Desk Spinoff Plan Nixed By Regulators  Wall Street Journal
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