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Canadian markets news

The close: TSX fluctuates as resources trim gains on Fed rate hike talk
Canadian stocks fluctuated in trading Friday as gains in commodity shares lost momentum, after U.S. Federal Reserve Vice Chairman Stanley Fischer said Fed Chair Janet Yellen's comments on the U.S.
Stock markets flatline, Canadian dollar falls after US Fed speech  CTV News
Janet Yellen, Jackson Hole and the anti-Davos  CBC.ca
Financial Times  
Bombardier hands out pink slips in Montreal
MONTREAL -- Bombardier handed out pink slips Friday to aerospace employees in Montreal as part of its efforts announced in February to trim 7,000 workers over two years.
Layoff notices handed out at Bombardier  Montreal Gazette
Learjet Issues Layoff Notices To 30 Production Workers  Aviation Week
Will Canadian banks' blowout profits silence skeptics?
One strong quarterly profit report from a Canadian big bank can be dismissed as an anomaly. Two strong reports from two big banks might be a coincidence.
Is the worst of the crude crash over for Canada's banks?  bnn.ca
Canadian banks shake off oilpatch fears, report better than expected earnings  Canadian Underwriter
Feds run $1B deficit in 1Q, down from $5B surplus in 2015
OTTAWA -- The federal government ran a deficit of $1.0 billion for the first quarter of its fiscal year, down from a surplus of $5.0 billion in the same period last year though "broadly consistent" with projections in the 2016-17 budget, the Finance ...
Ottawa runs nearly $1-billion deficit in first quarter of fiscal year  The Globe and Mail
Ottawa posts $1B deficit in Q1, down from $5B surplus last year  Globalnews.ca
Thursday's TSX breakouts: This stock has had nine dividend hikes since 2012
North American equity markets retreated on Wednesday as buyers remained on the sidelines ahead of U.S. Federal Reserve Chair Janet Yellen's speech on Friday.
TSX edges slightly higher as materials stocks rebound  Reuters Canada
Stock markets rise, Canadian dollar edges up after US Fed speech  The Daily Courier (subscription)
US Federal Reserve speech prompts dip in Canadian dollar, flatlines stock markets
WATCH ABOVE: The case for a U.S. interest rate hike is strong thanks to improving labor market and expectations for solid growth, says Federal Reserve Chair Janet Yellen.
North American markets flatline, loonie falls after Yellen's speech  Financial Post
Quebec business coalition supports Energy East pipeline
MONTREAL -- A coalition of business groups and large unions came out together in defence of TransCanada's Energy East pipeline project Friday and said it will spur economic development and job creation.
Brian Jean says Montreal mayor 'interfering' with Energy East ...  CBC.ca
Charest Affair: How the NEB tried to use Montreal's mayor as a pipeline prop  National Observer
How to diversify an economy: Four lessons for Canada
When the commodity boom collapsed, the Bank of Canada and private sector economists looked for potential rays of sunshine amid the gloom.
Unlocking Growth Opportunities for Canada's Innovation Economy  Exchange Morning Post (press release)
Social media group protests potential sale of SaskTel
When it comes to Saskatchewan's telecommunications company SaskTel, a new group on social media has a clear message - "not for sale.
DIGGING DEEPER: University of Regina economics professor weighs in on ...  Globalnews.ca
Gormley: Talking about SaskTel good first step  Saskatoon StarPhoenix
Vancouver councillor uneasy about Airbnb host recruitment campaign
Vancouver's rental vacancy rate remains critically low, so the latest recruitment campaign from Airbnb concerns councillor George Affleck.
Airbnb offers $250 cash incentive to first-time hosts in Metro Vancouver  CBC.ca
Airbnb offers $250 cash for new hosts in rental-starved Vancouver  Vancouver Sun