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Canadian markets news

Carney issues warning to Europe about economy
Mark Carney's final speech as Governor of the Bank of Canada could also be read as his first as the head of the Bank of England, a position he inherits in July.
Carney's parting advice: play to Canada's strengths  CBC.ca
Peter Hadekel: Carney leaves behind a stellar legacy - Montreal Gazette  Montreal Gazette
Wall Street Journal   Related articles »  
CP Derailment Comes Amid Shipment Surge, Cost Cuts
CALGARY�A crude-carrying train operated by Canadian Pacific Railway Ltd. derailed in central Saskatchewan Tuesday, leaking 575 barrels of crude oil from one of five tankers that left the tracks.
Train carrying crude oil derails east of Saskatoon  CBC.ca
575 barrels of oil spilled in Saskatchewan train derailment  Toronto Sun
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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  Montreal Gazette
Business conference draws creative minds to Montreal  CBC.ca
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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 ...
Environmental, First Nations activists protest at Sarnia oil sands meeting  Winnipeg Free Press
Conference making the case for upgrading bitumen in Sarnia-Lambton  Sarnia Observer
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After term ends, US ambassador to Canada David Jacobson to join BMO
WASHINGTON -- David Jacobson is leaving his post as U.S. ambassador to Canada in July to become vice-chairman of one of Canada's largest banking groups.
BMO Names US Ambassador Jacobson as Vice-Chairman  Wall Street Journal
REFILE-Bank of Montreal says US ambassador to become vice-chairman  Reuters
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Canadian Stocks Rise for Third Day as Commodity Producers Rally
Canadian stocks rose for a third day, sending the benchmark equity gauge to the highest level in almost two months, as commodity producers and banks rallied.
TSX glides near two-month high as major sectors rally  Reuters Canada
Toronto Stocks Start Holiday-Shortened Week with Strong Advance  Wall Street Journal
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B.C. mining company justified in bringing in Chinese workers, Federal Court rules
A spokeswoman for Human Resources Minister Diane Finley welcomed a ruling from the Federal Court that says the government was justified in issuing positive labour market opinions that allowed a British Columbia mining company to hire 201 temporary ...
Federal Court dismisses challenge to admission of Chinese mine workers  Globe and Mail
Court challenge against Chinese miners in BC dismissed  Toronto Star
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OSFI head warns low rates spurring risky moves by banks
Canada's banking watchdog fears that ultra-low interest rates are forcing banks to take undue risks in order to maintain profits.
Low Rates Can Raise Risks at Canada Banks, Dickson Says  Bloomberg
Transition from low interest rates may be 'painful,' OSFI head Julie ...  Toronto Star
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Circle Drive South project on track city says
The City of Saskatoon said the Circle Drive South project is on track to be completed by the end of July. The project was originally scheduled to open in September 2012, but city officials said heavy snow and freezing rain caused delays.
Circle Drive South Project nearing extended deadline  globalnews.ca
Circle Drive South to open by July 31 deadline: city official - Star Phoenix  StarPhoenix
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Google Joins Apple Avoiding Taxes With Stateless Income
U.S. Senate scrutiny of Apple Inc. (AAPL)'s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that's incorporated in Ireland, controlled by a board in California, and doesn't pay taxes in either place.
Multinationals' Scanty Tax Pay Angers UK  Wall Street Journal
US grills Apple on offshore tax practices  Globe and Mail
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