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Canadian markets news

Home construction in Calgary expected to cool off after projected record year in ...
CALGARY - Total housing starts in the Calgary census metropolitan area are projected to reach a record high this year but then moderate in 2015 and 2016, according to a new report released Thursday by Canada Mortgage and Housing Corp.
Canada Mortgage and Housing Corp. expects steady housing market in 2015  Winnipeg Free Press
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Apple CEO Tim Cook says he's proud to be gay
NEW YORK -- Apple CEO Tim Cook says he's proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out as gay.
'I'm Proud to Be Gay,' says Apple CEO Tim Cook  Business Today
Tim Cook: 'I'm proud to be gay'  WIAT 42
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Tim Hortons-Burger King merger could cost Canada in lost jobs and taxes, study ...
The Canadian Centre for Policy Alternatives says it fears massive layoffs and strict cost cutting at Tim Hortons when Burger King's parent company takes over the iconic coffee and doughnut chain.
Tim Hortons-Burger King Deal Could Lead To Layoffs, Cost Cutting: Analysis  Huffington Post Canada
Tim Hortons takeover by Burger King may prove stale for Canadians: study  Winnipeg Free Press
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UPDATE 2-Bombardier profit beats estimates as plane orders soar
... * Q3 adjusted profit $0.12/shr vs est $0.09/shr. * Q3 revenue up 21 pct to $4.91 bln vs est $4.81 bln. * Q3 profit nearly halves on charge for job cuts.
Bombardier Profit Tops Estimates as Plane Deliveries Rise  Bloomberg
Bombardier Inc's net profit falls by half due to restructuring costs ...  Financial Post
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UPDATE 1-Maple Leaf quarterly loss widens on restructuring costs
(Adds more details, share close). Oct 30 (Reuters) - Canadian food processor Maple Leaf Foods Inc reported a slightly bigger quarterly loss on higher charges related to modernizing some of its meat plants.
Maple Leaf Foods continues to post losses, sales drop after Canada Bread sale  Winnipeg Free Press
Ms. Jean Fraser Joins Maple Leaf Foods Board of Directors  MarketWatch
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Home News World New set of rail safety rules announced in wake of...
Transport Minister Lisa Raitt answers a question during Question Period in the House of Commons on Parliament Hill in Ottawa, Wednesday.
Feds roll out new rules after rail disaster  Brandon Sun
New set of rail safety rules announced in wake of Lac-Megantic report  Hamilton Spectator
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Brouhaha over Burnaby pipeline survey work continues
Trans Mountain plans to resume its environmental, archaeological and geotechnical field investigations on City of Burnaby lands after the National Energy Board ruled it did not need the city's permission to do so.
BC pipeline opponents face off with Kinder Morgan survey crews (with video)  Vancouver Sun
Burnaby Mountain Kinder Morgan pipeline protester chains himself under vehicle  CBC.ca
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Toronto stock market set for lower open
TORONTO -- The Toronto stock market was likely in for a negative session Thursday with gold stocks vulnerable to further pressure as bullion prices fall sharply and traders digest a variety of earnings reports from corporate Canada.
The Day On Bay: TSX Falls As Gold Miners Get Crushed  Business in Canada
CANADA STOCKS-TSX slips as gold weighed by Fed optimism  Reuters
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STM delaying replacement of second-generation metro cars
The STM is replacing the oldest cars in its fleet, but the second-generation metro cars will have to keep running until 2036. The Montreal transit agency said it cannot afford to replace the MR-73 cars when came into service between 1976 and 1980.
Montreal delaying replacement subway cars  CanadianManufacturing.com
The Story So Far: Orange line cars to be used till 2036/More abuse claims ...  Montreal Gazette
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Alberta and B.C. to lead Christmas shopping growth
CALGARY - A new report released Thursday by EY says Alberta and British Columbia will continue to show the strongest sales results during the Christmas shopping period this year.
Canadian shoppers expected to rein in spending this season: survey  CTV News
Retailers face 'Bah Humbug' festive season as consumers tighten wallets  The Globe and Mail
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