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Canadian markets news

Housing slowdown to worsen, cost 7500 jobs in Vancouver, mortgage group says
Almost a year after the federal government's latest tightening of the rules for insured mortgages, the association that represents mortgage brokers has come out with a dire assessment of the effect of those changes.
Cooling housing market will cost us 150000 jobs, mortgage group warns  CBC.ca
Canadians are paying off mortgages quickly � so is Ottawa's crackdown ...  Financial Post (blog)
Wall Street Journal   Related articles »  
Tapping Quebec's oil opportunity
Texas-based Valero Energy Corp. will invest as much as $200-million in its Quebec refinery if Enbridge Inc. proceeds with its plan to reverse its Line 9 pipeline, a project one Quebec business leader described Wednesday as critical to the province's refining ...
Enbridge underestimates oil spill risk: report  Vancouver Sun
Enbridge Targeting Public Over Regulators to Build Gateway Line  Bloomberg
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Dollar stands tall after Bernanke comments; China PMI in focus
By Ian Chua. SYDNEY | Wed May 22, 2013 7:55pm EDT. SYDNEY (Reuters) - The dollar hovered at a near three-year high against a basket of major currencies in Asia on Thursday, having risen broadly as Treasury yields jumped on the prospect that the ...
Fed Endorses Stimulus, but the Message Is Garbled  New York Times
Bernanke Says Premature Tightening Would Endanger Recovery  Bloomberg
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House Passes Keystone Bill as White House Vows Veto
The U.S. House of Representatives passed legislation to approve the Keystone XL oil pipeline, the eighth time congressional Republicans have advanced a measure promoting the project.
US House votes to force approval of Keystone pipeline  Reuters
House approves Keystone pipeline bill  Fox News
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TSX edges up as Fed talk buoys golds, drags banks
By John Tilak. TORONTO (Reuters) - Canada's main stock index climbed on Wednesday, led by gold miners, after a day of choppy trading as optimism that the U.S.
Toronto Stocks Close Mixed; Miners Hold Gains  Wall Street Journal
CANADA STOCKS-TSX ends higher as Fed comments boost golds  Reuters
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1.3 million Montrealers face boil water advisory
Most Montrealers are being told they must boil their water before drinking it, a precaution after sediment was found in the water following renovations to a city reservoir.
Montreal residents warned to boil drinking water  BBC News
Boil water advisory remains in effect for most of Montreal  CTV News
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Busy inner-city parking spots may soon cost more in Calgary
A council committee has accepted a plan to base inner-city parking rates on how popular parking is on any given street. The two-hour parking rates would also vary depending on the time of day.
New plan would see downtown parking rates rise, fall with demand throughout day  Calgary Herald
City committee to discuss new parking model in downtown Calgary  globalnews.ca
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Developers say proposed highrise for downtown Winnipeg would be Manitoba's ...
Two Toronto-area developers offered up preliminary details of a new highrise planned to tower over all of downtown Winnipeg as the province's highest building.
Winnipeg's tallest highrise to go up at Graham, Garry  CBC.ca
New downtown tower could be 42 storeys tall: developers  Winnipeg Free Press
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Sears Canada reports earnings loss, falling sales in first quarter
Falling sales at struggling Sears Canada Inc. led to a net loss in the first quarter. The department store chain, which has seen seven straight years of falling revenue, said it lost $31.2-million or 31� per share in the period ended May 4 compared with net ...
Sears Canada posts loss, sales fall  Globe and Mail
Sears Canada posts loss; improved on adjusted basis  Proactive Investors USA & Canada
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City wants residents to keep off Glenmore Reservoir
After looking at the forecast over the next couple days, city officials are warning residents to keep off the Glenmore Reservoir. This is to allow the water level to be dropped to accommodate the heavy rainfall, creating a heavy water flow from the Elbow River.
City closes Glenmore Reservoir  660 News
Glenmore Reservoir closed to boaters over flood fears  Beacon News (blog)
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