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Canadian markets news

Reitmans shutting down Smart Set stores, refocus on its other brands
A woman walks outside a Smart Set store in Laval, Que., Tuesday, Nov.25, 2014. Reitmans Canada Ltd. is closing its Smart Set clothing stores.
Reitmans to shut down failing Smart Set banner  Toronto Star
Smart Set stores set to vanish as part of Reitmans restructuring
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Oil drops to $74 per barrel leading up to OPEC meeting
Oil prices plunged precipitously on Tuesday, just days ahead of a closely watched meeting by OPEC nations that seems likely to decide the price of oil in the short term at least.
WTI crude declines to four-year low in run-up to OPEC meeting  The Globe and Mail
Oil drops to 4-year low as traders await OPEC  MarketWatch
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TSX advances as US data drives broad gains
TORONTO (Reuters) - Canada's main stock index shot higher on Tuesday as strong U.S. economic growth data drove gains in most of its major sectors.
Loonie up: retail sales, US GDP beat forecasts  Cape Breton Post
TSX advances amid strong showing in Canadian retail sales  CTV News
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OECD sees Bank of Canada rate hikes starting in May
OTTAWA Nov 25 (Reuters) - The OECD projected on Tuesday a rate hike by the Bank of Canada in May 2015, months earlier than most market economists expect.
Stagnant euro zone poses 'major risk' to world growth: OECD  Arab News
What Are The Odds Of Deflation In 2015?  Seeking Alpha
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Alimentation Couche-Tard Q2 profit surges 25 per cent to US$286.4 million
MONTREAL - Alimentation Couche-Tard's net income surged 25 per cent to US$286.4 million in the second quarter of its fiscal year despite a dip in revenues blamed largely on a higher U.S.
Growing Fuel Volumes, Margins Keep Couche-Tard in the Black
Couche-Tard reports 25% surge in Q2 profit; shares gain  Proactive Investors USA & Canada
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Quebec-based Simons to open five stores in Vancouver, Calgary, Mississauga ...
Canadian Press//Paul ChiassonA Simons store on Montreal's Ste-Catherine Street: Simons sells mid-priced to upscale apparel at its nine spacious stores, all of them in Quebec but for one store in the West Edmonton mall that opened two years ago.
Quebec-based Simons to open new stores in BC, Alberta and Ontario into 2017  Montreal Gazette
Simons' Gatineau, Ottawa openings part of national expansion  Ottawa Business Journal
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Retailers in BC get a slight boost in September
Sales in the province grew $27 million to $5.6 billion in the month, according to Statistics Canada data released November 25. Across the country, sales grew 0.8% to $42.8 billion, which Nathan Janzen, economist with RBC Economics, said beat analysts' ...
Retail Sales Rise 0.8% In September
Alberta leads the way as Canadian retail sales soar  660 News
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Oil boom ropes in cowboys, leaving Canadian beef prices to soar
Cattle look out from their pens at a feedlot near Iron Springs, Alberta. The labor shortage driven by the oil boom is squeezing a cattle industry already diminished over the past decade by mad cow disease, drought and floods.
Canada suffers cowboy shortage as workers lured by higher-paying oil patch jobs  Financial Post
Oil boom ropes in cowboys, leaving Canadian ranches understaffed  Chicago Tribune
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Canada may skirt housing dip (if we're lucky): Soci�t� G�n�rale
Given everything playing out across global economies, Canada may skirt a contraction in its �highly leveraged� housing market, a major European bank says.
Reuters poll: Canada house price rises, new construction to slow  Reuters Canada
Immigration boosting real estate in Canadian cities, says bank  OPP Connect
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Alberta's Mullen Group buying Manitoba's Gardewine trucking for $172M
The Mullen Group will pay $172 million for Manitoba-based trucking firm Gardewine, the Alberta company says. File / Global News. What is this?
Mullen expands LTL network with $172 mln acquisition  Proactive Investors USA & Canada
Mullen buys Manitoba trucking firm Gardewine for $172 million  Calgary Herald
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