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Canadian markets news

TSX may open higher ahead of Fed minutes, Bernanke
(Reuters) - Canada's main stock index looked set to open higher on Wednesday on hopes that the U.S. Federal Reserve will continue with its monetary easing policy, ahead of the release of minutes of its May meeting and testimony from U.S.
US Stock Futures Edge Higher Ahead Of Bernanke Testimony  Wall Street Journal
European stocks drop amid British data, before Fed  AFP
Bloomberg   Related articles »  
Half of Canadian homeowners plan to buy property in next 5 years: survey
TORONTO -- A new report suggests nearly half of Canadian homeowners intend to buy a property in the next five years, despite a cooling off in the housing market.
Calgary homebuying intentions fall  Calgary Herald
5.22.13: Housing slowdown? Canadians don't seem to think so  National Post
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Sears Canada posts $31.2M loss in first quarter
TORONTO -- Sears Canada Inc. (TSX:SCC) posted a $31.2-million loss as well as lower revenue in its latest quarter but says its transformation program is showing positive results that have improved margins and boosted some categories.
UPDATE 1-Sears Canada posts loss as demand dips for home products  Reuters
Sears Canada reports earnings loss, falling sales in first quarter  National Post
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Rogers' Zoocasa real-estate brokerage reduces agents' commissions
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Rogers launches enhanced realty search site  Toronto Star
Look out realtors, Rogers Communications is after your business  Financial Post (blog)
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Canada retail sales unchanged in March, gas prices a drag
OTTAWA (Reuters) - The value of Canadian retail sales in March was unchanged from February, due largely to the drag caused by lower gas prices, Statistics Canada said on Wednesday.
Canada March Retail Sales Report (Text)  Bloomberg
Canada Mar Retail Sales Flat (0.0%) From +0.7% In Feb  MNI News
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Europe faces lost decade, says Mark Carney
In words that will underline his status as a monetary activist and fuel speculation that he will try to relaunch quantitative easing (QE) when he arrives in the UK, Mr Carney applauded Japan's �bold policy experiment� to boost dramatically its own QE programme ...
Carney issues warning to Europe about economy  Globe and Mail
Carney Makes Last Public Remarks as BOC Chief  Wall Street Journal
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1/3 of Canadians live paycheque to paycheque, survey suggests
Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
Paying bills and consumer consumption hurting Canadians' ability to save ...  GlobalPost
Building Nest Egg Not a High Priority for Most Canadians  Marketwire (press release)
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Environmental, First Nations activists plan protest at Sarnia oil sands meeting
SARNIA, Ont. - Activists plan to protest in Sarnia, Ont., as a two-day national conference on oil sands bitumen kicks off today. The �Bitumen Adding Value Conference� is meant to bring together industry leaders, experts and decision-makers to discuss the ...
Building Up Bitumen  BlackburnNews.com
Environmental, First Nations activists protest at Sarnia oil sands meeting  Winnipeg Free Press
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Peter Foster: Up the Boreal creek without a paddle
The Canadian Boreal Forest agreement, CBFA, took yet another bizarre turn on Tuesday when one of its largest corporate signatories, Montreal-based Resolute Forest Products, withdrew, citing �unbalanced� demands from environmental NGOs.
Boreal forest talks break down  Globe and Mail
Boreal Forest conservation negotiations end in failure after three years  Winnipeg Free Press
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Montreal basks in glow of C2-Mtl conference
Corrupt civil servants, shady engineering bosses, a mayor who didn't see anything and another who allegedly acted as a gangster, although - and this is a redeeming factor - he does not smoke crack.
C2-Mtl conference offers wisdom and dreams  Montreal Gazette
Business conference draws creative minds to Montreal  CBC.ca
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