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Canadian markets news

Saudi Arabia says won't cut oil output
ABU DHABI (Reuters) - Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years.
World's Top Oil Producer Says It Will Ride Out Price Slump  New York Times
OPEC's Badri says hopes for oil price revival by end H2 2015  Reuters
Al-Arabiya   Related articles »  
Montreal settles with The Bay in downtown construction crack dispute
The city of Montreal has agreed to pay the Hudson's Bay Company nearly $690,000 over a construction job that began seven years ago.
Montreal to pay Hudson's Bay $690000 in damages  Montreal Gazette
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Alberta auditor general, child advocate face budget cuts
A legislative committee comprised mostly of Tory MLAs voted to cut about $1 million from six independent offices including Alberta's auditor general and the province's child and youth advocate.
Falling oils prices will hurt the province  Edmonton Sun
Alberta climate-change framework hits another delay (with video)  Edmonton Journal
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Fitch upgrades Egypt credit rating to B, cites subsidy cuts
Fitch Ratings upgraded Egypt's credit rating one step to "B" from "B-" citing structural reforms the government has undertaken including reducing fuel subsidies.
Fitch Takes Rating Actions on Private-Sector Venezuelan Banks  Reuters
Rating agency downgrades Ontario's debt, upgrades overall outlook  The Globe and Mail
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Federal Government Gives the Go Ahead for KSM Mining Project
The federal government has granted approval for the KSM (Kerr-Sulhpurets-Mitchell) project after finding no pressing issues with the environmental assessment conducted by the provincial government back in July, 2014.
Massive BC gold mine near Alaska gets environmental approval  Beacon News (blog)
Massive BC gold mine near Alaska border gets environmental approval  680 News
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Pratt & Whitney plans $67-million upgrade to Nova Scotia facility
ENFIELD, N.S. - Aerospace firm Pratt & Whitney Canada is planning a $67-million investment over the next six years at its manufacturing facility near the Halifax airport.
Nova Scotia Power warns of credit card scam  TheChronicleHerald.ca (registration)
Nova Scotia Power warns customers of phone scam  Hants Journal
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TSX racks up fourth day of advances
The Toronto stock market closed sharply higher Friday, adding to a string of solid gains as investors continue to buy up stocks oversold in the course of a fall sell-off.
TSX enjoys 3-year weekly gain record  Market Business News
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How to loosen chokehold of financials and energy on your portfolio
The bargain hunter's quandary: How to invest in the Canadian stock market without being swamped by energy and financials. In a volatile patch for stocks globally in the past month or so, our market stands out for having been pounded especially hard.
Canadian Stocks Cap Best Week Since 2009 on Energy Rally  Bloomberg
Canadian stocks cap best week since 2011 as energy shares rally  bnn.ca
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SkyTrain electrical fire disrupts service in Richmond
A large electrical discharge under a Canada Line SkyTrain car in Richmond shut down service between Aberdeen and Richmond-Brighouse stations shortly before 3 p.m.
Sparks and smoke aboard train takes out much of Canada Line Saturday afternoon  The Province
'Problem train' halts Canada Line service in Richmond  CTV News
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Habitat for Humanity looking forward to more builds
With many new housing opportunities coming up in the new year, Prince Albert Habitat for Humanity looked back on this year as a success.
Four families move into new Oshawa Habitat for Humanity homes  durhamregion.com
Habitat for Humanity of Elkhart County's ReStore prepares for move to ...  The Elkhart Truth
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