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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.
Fed optimism, Tim Hortons lift TSX to 1-week high  Reuters Canada
Tim Hortons pressed by a second hedge fund, shares jump  Toronto Sun
CBC.ca   Related articles »  
Verizon Says It's Considering Deal for Canada's Wind Mobile
Verizon Communications Inc. (VZ) has expressed interest in acquiring wireless carrier Wind Mobile, a move that would let the leading U.S.
A Verizon wireless store is shown in Del Mar, California June 6, 2013 ...  The Sudbury Star
Verizon eyes wireless entry as Ottawa aims to salvage competition  Globe and Mail
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Restaurant cap forges ahead in Parkdale
A move to cap the number of restaurants and bars on Parkdale's popular Queen Street strip has cleared its first hurdle and is gaining attention as a model for controlling growth in other downtown neighbourhoods.
Efforts to cap number of new restaurants in Parkdale spread to other ...  National Post
New Parkdale bylaw would restrict bars, nightclubs  CBC.ca
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Executive shuffle at HBC worries investors
Hudson's Bay Co. is replacing its star president, Bonnie Brooks, with a company veteran in a surprise move that spooked investors, prompting a drop of more than 3 per cent in the stock price.
Bonnie Brooks gets a promotion at The Bay  Toronto Star
Bonnie Brooks steps aside as Hudson's Bay president to take on vice ...  Financial Post
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With economy on the mend, very rich getting even richer
Canada's rich have never been richer, with those in the highest wealth bracket seeing the fastest growth. The number of high net worth individuals in Canada - or people with investable wealth of $1-million or more - rose 6.5 per cent to a record 298,000 ...
Millionaires on the rise in North America  Hamilton Spectator
Happy man enjoying the rain of money. (Fotolia.com)  The Sudbury Star
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Mountain Equipment Co-op retools its brand
VANCOUVER - No longer the �Gortex vortex� of outdoor retailing, Mountain Equipment Co-op has launched the first major rebranding since its founding to acknowledge that its customers are as likely to be engaging in yoga or paddle boarding as they are ...
Mountain Equipment Co-op changes its name to MEC  Toronto Star
Mountain Equipment Co-op moves mountain off its logo (video)  Edmonton Journal
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Wharncliffe Road South among 10 worst roads in Ontario
A London road has made the list of Ontario's Top 10 Worst Roads of 2013, based on a survey by the CAA. Wharncliffe Road South is the seventh worst, according to the auto club, and it may be costing drivers in the area more for repairs.
Toronto's Dufferin St. tops CAA survey of worst roads in Ontario  Toronto Star
Toronto's Dufferin Street named worst Ontario road again  CBC.ca
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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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Canada raises liability for offshore oil spills to $1-billion
The federal government will raise the bar for oil companies operating off the East Coast and in the Arctic, increasing the limit on their liability for environmental and other damage from a blowout or oil spill to $1-billion.
Canada Raises Absolute Liability for Offshore Drillers  Wall Street Journal
Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to ...  Financial Post
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Keystone Seen Failing to Sop Up Canada Oil Glut
Even if U.S. President Barack Obama approves the Keystone XL pipeline, Canadian crude oil probably will remain the cheapest in the world, hampering expansion of the country's largest export industry.
Americans slowly realizing importance of Canadian oil, outgoing ambassador ...  Globe and Mail
Diplomat says pipeline veto could mar US-Canada ties  NewsOK.com
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