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Canadian markets news

House poor, fixing CPP & gaming Aeroplan: BUSINESS WEEK WRAP
House prices keep rising, incomes are basically staying the same, yet home ownership rates continue to tick higher. Considering those three facts, it should not come as a surprise that more and more Canadian's now describe themselves as "house poor.
Don Cayo: Opening CPP is fine, but it won't help the most vulnerable ...  Vancouver Sun
Canada Pension to Take 9.9% Enstar Stake, Extending Insurer Bet  Bloomberg
MarketWatch  
Interest rate cut back on the table after Canadian economy shrinks
Ben Nelms/BloombergThe downturn in the oilsands is largely to blame for Canada's lack of economic growth this quarter. Twitter · Google+ · LinkedIn · Email · Typo?
UPDATE 3-Canada economy contracts by most in 6 years in first quarter  Reuters
GDP growth comes in at 7.5% in last quarter  Financial Express
Bank of Nova Scotia delivers relief for investors as profit beats, loan book stabilizes
National PostBank of Nova Scotia, Canada's third-largest lender by assets, also said Friday it plans to buy back up to 24 million shares, or about 2 per cent of its stock, within the next year.
Scotiabank CEO Draws Line in the Sand on Acquisitions  Bloomberg
Bank of Nova Scotia (BNS) Stock Gains on Earnings Beat  TheStreet.com
CMHC mortgage holders spend 26% of income on housing
Canadians are showing a strong ability to manage their debts even as housing prices rise, with arrears on CMHC mortgages at a low 0.34 per cent for the first quarter of this year, according to new figures from the federal housing agency.
Slumping oil prices have yet to slow down Alberta housing market  The Globe and Mail (subscription)
CMHC: Is condo living right for you?  Toronto Sun
Vancouver firm to lead massive redevelopment of LaGuardia Airport
Vancouver-based Vantage Airport Group will lead a consortium that has been chosen to manage a $3.6-billion US redevelopment of New York's LaGuardia Airport.
America's Worst Airport to Get $4 Billion Swedish Massage  Bloomberg
New York bound plane nearly collides with drone  Telegraph.co.uk
Alberta Securities Commission issues warning after investors lose $400000 online
CALGARY -- The Alberta Securities Commission is warning investors to beware of unregistered companies offering online trading services.
Beware of unregistered, offshore binary option investing: ASC  Edmonton Journal
Alberta Securities Commission warns investors after complaints of ' ...  Financial Post
CANADA STOCKS-Pessimism reigns as economic gloom weighs on TSX
(Adds strategist comment; updates prices to close). * TSX ends down 92.91 points, or 0.62 percent, at 15,014.09. * Eight of 10 main sectors in the red.
Canadian stock market slides over downbeat GDP data  Shanghai Daily (subscription)
Pessimism reigns as economic gloom weighs on TSX  Reuters Canada
Canada Stocks Extend Monthly Loss as GDP Shrinks Most Since 2009
Canadian stocks fell, extending a monthly loss, as data showed the biggest contraction in the nation's economy since 2009. Health-care stocks fell amid a 1.3 percent slide for Valeant Pharmaceuticals International Inc. Canadian Pacific Railway Ltd.
Profit beats for Canada's banks mask challenges ahead  Financial Post
TSX lower as uncertainty reigns, industrials weigh  Reuters Canada
Entrepreneurship in Canada ranks 2nd in world, report says
Canada is second only to the U.S. in levels of entrepreneurial activity, beating most G7 countries and much of the developed world.
Alberta's rate of entrepreneurship best in Canada  Calgary Herald
Chilliwack's drinking water named Best in B.C.
Four esteemed “Aqualiers” judge water from 15 communities based on appearance, aroma, taste, mouth feel, aftertaste and overall impression at BC Water and Waste Association's second annual “Best of the Best” Tap Water Taste Test, held at the ...
Nelson loses out to Chilliwack at 'Best of the Best' Tap Water Taste ...  The Nelson Daily