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Canadian markets news

TSX climbs on BOJ stimulus steps; gold miners drop
By John Tilak and Susan Taylor. TORONTO (Reuters) - Canada's main stock index advanced on Friday after fresh stimulus measures from the Bank of Japan drove up most major sectors, while shares of gold miners slumped with the price of bullion.
CANADA STOCKS-TSX climbs on BOJ stimulus steps; gold miners drop  Reuters
The close: TSX gains; Dow, S&P 500 hit new highs  The Globe and Mail
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Bank of Nova Scotia cuts 28 positions as it 'streamlines' capital markets: other ...
As part of a �streamlining� of its capital markets business, the Bank of Nova Scotia has cut 28 positions from its operations in Toronto, New York and London.
Scotiabank makes capital markets cuts just before year-end  The Globe and Mail (subscription)
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Canada GDP contracts 0.1 per cent in August
The promising Canadian economic recovery of 2014 has been set back by a serious case of the summertime blues. Canada's gross domestic product unexpectedly fell 0.1 per cent in August from July, due primarily to slumping output in two of the economy's ...
August GDP shows first decline of the year  Hamilton Spectator
Canada Economy Unexpectedly Shrank in August on Oil Drop  Bloomberg
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Japan Abruptly Acts to Stimulate Economy
The stock market in Tokyo jumped about 5 percent on news of the stimulus boost. Credit Christopher Jue/European Pressphoto Agency.
Stocks Rally Across Globe  Wall Street Journal
Japan's surprise stimulus roils markets, caps wild October  The Globe and Mail
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Air Canada pilots ratify 10-year deal
Air Canada pilots have overwhelmingly ratified an unusual 10-year contract deal that will bring labour peace, but only if the airline meets growth targets.
Air Canada service agents call carry-on crackdown too unpleasant  CBC.ca
Air Canada pilots sign 10-year deal  TheChronicleHerald.ca (registration)
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City admin says tax increase needed for growing population
Edmonton's rapidly growing population is one of the reasons the city is eyeing a 5.3 per cent tax increase in 2015. City administrators released details of Edmonton's proposed 2015 operating and capital budgets on Friday.
Photo radar to help cover expected 5.3% rise in City of Edmonton spending  Edmonton Journal
Edmonton taxpayers might be looking at a 5.3% increase next year  Edmonton Sun
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Gold producers pummelled as market braces for a drop
Gold has been hit hard by central bank actions in the United States and Japan, falling to four-year lows and further eroding the value of gold producers.
Gold and silver tumble to four-year lows in Europe  Business Recorder
Gold Plunges to 4-Year Low  Wall Street Journal
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Lower credit card fees for retailers won't help consumers, critics say
OTTAWA - An agreement to cut the fees charged to merchants for accepting credit card payments likely won't save consumers money, say Canada's banks and opposition critics.
UPDATE 2-Canada banks, card companies reach deal on retail fees -source  Reuters
Canada banks, card companies reach deal on retail fees: source  Reuters Canada
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Lower Mainland to see declining housing sales in next two years, says CMHC
Housing sales will slide over the next couple of years, according to the Canada Mortgage and Housing Corporation's (CMHC) fall market outlook.
Unsold houses to slow down builders  Regina Leader-Post
From west to east, a look at projected house price gains across Canada  The Globe and Mail
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Home heating assistance program underway for another year
Applications are now being accepted for a government program that helps offset the cost of home heating. The $15-million program is funded by the provincial government, and provides rebates ranging from $100 to $500 for those with family incomes below ...
Home heating rebates available for 2014-15  The Telegram
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