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Canadian markets news

Bernanke: Bond Buys Could Slow at 'Next Few Meetings'
WASHINGTON�Federal Reserve Chairman Ben Bernanke said the central bank could begin winding down its $85 billion-a-month bond-buying program at one of its �next few meetings� if the economic data continues to improve, but he warned market ...
FOREX-US dollar rallies to multiyear highs after Bernanke  Reuters
Bernanke Says Premature Tightening Would Endanger Recover  Bloomberg
Businessweek   Related articles »  
Cooling housing market will cost us 150000 jobs, mortgage group warns
The government's efforts to cool the housing market will have a negative impact on the economy and the range of industries that depend on house sales - everything from mortgage financing to furniture and appliance sales - warned the Canadian ...
Canada Mortgage-Rule Moves Hitting Housing Market�and Jobs  Wall Street Journal
Housing slowdown to worsen, cost 150000 jobs, says mortgage group  Winnipeg Free Press
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Ski-Doo maker BRP prices IPO at $21.50 a share
MONTREAL - The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $21.50 per share - giving the company a market value of about $2.5 billion.
BRP raises $262.3-million in largest Canadian IPO this year  National Post
Ski-Doo Maker BRP Raises $254 Million in Biggest 2013 Canada IPO  Bloomberg
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Water in most of Montreal unsafe to drink
1.3 million people do not have safe, clean drinking water after the city of Montreal issued a boil water advisory. The water throughout most of the island -- the entire borough of St. Laurent, from LaSalle to Pointe aux Trembles and everywhere in between -- is ...
Over 1 million Montrealers face boil water advisory  CBC.ca
Boil-water advisory widens for Montreal area  Montreal Gazette
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Sales at Target Canada better than expected in initial quarter
Sales at Target Corp.'s new Canadian stores were better than expected during the first quarter, even as the department store chain reported its overall profits dropped 26 per cent.
Target Earnings: Outlook Cut Follows Weak Sales  Wall Street Journal
UPDATE 3-Target cuts full-year forecast after weak first quarter  Reuters
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Slowdown? Nearly half of Canadian homeowners eager to buy property
Undeterred by record-high housing prices and bolstered by low borrowing costs, nearly half of Canadian home owners plan to buy a property in the next five years, although intentions vary sharply from city to city, a poll released Wednesday has found.
Real Estate: Six in 10 GTA homeowners plan to buy again within five years  Toronto Star
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One-third of Canadian households living paycheque to paycheque
One-third of Canadian households over the past year never or almost never had enough money left over after paying essential expenses, says a new report.
Paying off bills hurting Canadians' ability to save: study  CTV News
Paying bills and consumer consumption hurting Canadians' ability to save ...  GlobalPost
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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.
Glenmore Reservoir closed until further notice  globalnews.ca
City closes Glenmore Reservoir  660 News
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Sears Canada posts loss as demand dips for home products
(Reuters) - Department store chain Sears Canada Inc (SCC.TO: Quote) posted a loss in the first quarter compared with a profit last year, as demand for its home products and major appliances fell.
Sears Canada reports earnings loss, falling sales in first quarter  National Post
Sears Canada posts loss, sales fall  Globe and Mail
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Temporary foreign worker case involving BC coal mine dismissed
The Federal Court of Canada has dismissed a challenge by two unions over a Vancouver-based company's hiring of 201 temporary foreign workers from China for a coal project in northern British Columbia.
B.C. mining company justified in bringing in Chinese workers, Federal Court ...  Canada.com
BC mine's temporary foreign workers case dismissed  CBC.ca
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