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Canadian markets news

Analysts expecting Canada to maintain interest rates until 2017
The latest round of policy easing in Canada is probably over but interest rates are expected to stay low for longer as the central bank tries to lift the economy out of a mild recession, a Reuters poll of economists found.
CANADA FX DEBT-C$ firms as oil prices rise, trade deficit narrows  Reuters
Canadian dollar rises as markets stabilize  CBC.ca
Business Recorder (press release) (blog)  
TSX rises, helped by banks, telcos, while uncertainty lingers
TORONTO (Reuters) - Gains among banking and telecom stocks helped lift Canada's main stock index on Thursday, while a modest bump in the price of crude oil was not enough to lure investors back into the country's struggling energy sector.
CANADA STOCKS-TSX rises, helped by banks, telcos, while uncertainty lingers  Reuters
MARKET REPORT: TSX advances for 2nd session  TheChronicleHerald.ca
S&P 500 edges upward before US jobs data; euro eases on ECB outlook
NEW YORK Stocks edged higher on Wall Street in another volatile session on Thursday while the euro fell 1 percent on a darkening euro zone outlook as investors grew cautious ahead of the closely watched U.S.
Draghi Turns Back Clock for ECB Forecasts as Stimulus Takes Time  Bloomberg
ECB chief Mario Draghi warns weaker China may spur new monetary stimulus  The Australian Financial Review
SkyGreece files for protection after halting operations
MONTREAL -- SkyGreece Airlines has filed for creditor protection in Canada, a week after halting operations and standing hundreds of passengers.
SkyGreece Airlines files for bankruptcy  Toronto Star
SkyGreece Airlines filing for bankruptcy  Globalnews.ca
Statistics Canada says trade deficit narrowed to $593 million in July
OTTAWA - Growth in Canadian exports helped shrink the country's trade deficit in July, boosting the case that the economy is on track for growth in the second half of the year.
Canada's new exports champ: Big Miscellaneous  Macleans.ca
Shrinking US trade gap shows economy's underlying strength  Business Recorder (press release) (blog)
Canada remains an innovation laggard, Conference Board says
Canada gets slightly higher marks in the latest report card on global innovation, but it remains a laggard in certain key measures and is no candidate for any gold stars.
Alberta gets 'C' grade on Conference Board of Canada innovation ...  CBC.ca
Experts say Canada needs to do more on innovation after country gets a C on ...  Lethbridge Herald
Parents paying for kids: 'Not my fault! I can't find a job!'
We've all met someone who has welcomed their adult children back home because they couldn't find work. With youth unemployment at 13 per cent, it is not surprising to hear in a recent CIBC report that almost half of them said supporting their adult ...
Parents feel pinch of supporting adult kids  Nanaimo Daily News
Canadian parents' nest eggs getting drained by their grown-up kids: Poll  Toronto Sun
Halifax-based CanJet suspends flying operations, looks for new business plan
Company president Stephen Rowe said the company isn't shutting down, but he confirmed that its remaining 15 pilots and about 40 flight attendants were laid off.
CanJet president confirms that airline has ceased operations  eTurboNews
Edmonton previews Metro line as business groups worry about delays and headaches
Groups are concerned about the business climate after social media comments suggesting people avoid the entire Kingsway area. Share on Facebook.
Troubled Metro Line LRT ready for reduced service Sunday  Edmonton Journal
Metro LRT to open Sept. 6, but prepare for transit and traffic delays  Globalnews.ca
Manitoba Hydro names interim CEO
Manitoba Hydro has named an interim president and CEO as its board continues to search for a new head. Darren Rainkie -- who is the utility's current chief financial officer and vice-president of finance and regulatory affairs -- will take on the ...
Manitoba Hydro names interim CEO Darren Rainkie  CBC.ca
Interim CEO named at Manitoba Hydro  Winnipeg Sun