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Canadian markets news

RBC economist predicts home price declines in 2016 as rates rise
An economist at Canada's biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels.
RBC forecasts housing market will cool in 2015 if interest rates rise  TheChronicleHerald.ca
Canadian Housing Market To Cool Down In 2015 If Interest Rates Rise: RBC  Huffington Post Canada
Wall Street Journal   Related articles »  
Sears Canada widens Q2 loss to $21.3 million, same store sales drop 6.8 per cent
Commuters walk past a Sears store in Toronto on Thursday April 25, 2013. Sears Canada Inc. reported a net loss of $21.3 million, or 21 cents per share, in the second quarter, compared to a profit of $152.8 million, or $1.50, in the same period last year.
UPDATE 1-Sears Canada reports loss, revenue slides 12 pct  Reuters
Sears Canada suffers widening loss, as severance costs kick in  Toronto Star
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TSX hits new all-time high
Canada's benchmark stock index hit a new all-time high of 15,561 on Wednesday, buoyed by higher commodity prices and despite some shaky corporate profits.
CANADA STOCKS-TSX hits record high after Fed comment  Reuters
TSX hits record high after Fed comment  Reuters Canada
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Dollar Extends Gains Against Yen On Hawkish FOMC Minutes
The dollar extended its gains against the yen during Asian trading Thursday after the minutes of the latest meeting of the Federal Open Market Committee sounded a more hawkish tone.
FOMC Minutes Detail RRP, Interest Rate Deliberations; Jackson Hole  Crane Data LLC
US stocks close mixed amid Fed minutes  Xinhua
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Rescued yearling grizzly cub returns to the wild
Littlefoot, a grizzly yearling, has been released back into the wild near Cranbrook, BC. He was found this spring severely underweight after being orphaned prior to hibernation last fall.
Orphaned yearling grizzly, fatter and fitter than when rescued, released ...  The Province
Orphaned grizzly released back into the wild as part of BC pilot rehab project  580 CFRA Radio
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Target sees signs of progress, but cuts outlook for year [Star Tribune ...
Executives sounded upbeat about a strong start to the back-to-school shopping season Wednesday as they discussed the retailer's latest quarterly results.
Target reports 62% drop in earnings, cuts profit forecast  Los Angeles Times
How Target strayed deep into the red in Canada  The Globe and Mail
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Pressure mounts on province to improve farm safety
Alberta is the only province in the country to exempt farm workers from Occupational Health and Safety regulations. Photograph by: Ted Rhodes , Calgary Herald.
Alberta's dangerous workplaces  FFWD
Farm worker advocates call for safety rules, workers' compensation to ...  Edmonton Journal
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Blue film over Quesnel Lake; independent biologist
LIKELY (NEWS1130) - Just how safe is the water in rivers and lakes near the Mt. Polley Mine? The province says most water is drinkable, but an independent biologist has her doubts after making an unexplained discovery.
Province takes samples of blue film that 'stings' on Quesnel Lake  Vancouver Sun
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Mayor Ford faces renewed conflict of interest allegations
Mayor Rob Ford is facing renewed conflict of interest allegations with regards to a November 2012 vote on the city's wastewater program.
Mayor Ford's business contracts raise question of conflict  The Globe and Mail
Rob Ford Faces Conflict of Interest Allegations Once Again  Torontoist
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Liberals unfazed by report saying monopoly on booze is actually sales
TORONTO - Ontario's governing Liberals are shrugging off a new report claiming consumers could pay less for booze and the province could brew more profit from alcohol sales if the government opened up the business to more retailers.
Beer Store rejects claims of high beer prices in Ontario  The Globe and Mail
Vander Doelen: Ontario's ridiculous booze laws  Windsor Star (blog)
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