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Market summary

3:10PM EDT

World markets

Shanghai 2,057.03 -10.35 (-0.50%)
Nikkei 225 14,404.99 -141.28 (-0.97%)
Hang Seng Index 22,562.80 +53.16 (0.24%)
TSEC 8,945.45 -11.47 (-0.13%)
FTSE 100 6,703.00 +28.26 (0.42%)
EURO STOXX 50 3,189.81 +13.84 (0.44%)
CAC 40 4,479.54 +28.46 (0.64%)
S&P/ASX 200 5,531.00 +13.20 (0.24%)
BSE Sensex 22,876.54 +118.17 (0.52%)
TA25 1,389.92 -2.57 (-0.18%)
KOSPI 1,998.34 -2.03 (-0.10%)
SMI 8,409.13 -34.13 (-0.40%)
ATX 2,517.27 -4.83 (-0.19%)
IBOVESPA 51,649.76 +80.07 (0.16%)
SET 1,422.67 -0.72 (-0.05%)
BIST100 72,391.27 -778.76 (-1.06%)
IBEX 10,462.00 +37.60 (0.36%)
WIG 51,705.76 -230.33 (-0.44%)
TASI 9,556.64 +10.38 (0.11%)
MERVAL 5,540.38 +40.49 (0.74%)

Currencies

CAD/USD 0.9070 +0.0006 (0.06%)
CAD/EUR 0.6561 0.0000 (0.00%)
CAD/JPY 92.8163 -0.0227 (-0.02%)
CAD/GBP 0.5400 -0.0002 (-0.04%)
CAD/HKD 7.0323 +0.0046 (0.07%)
CAD/AUD 0.9797 +0.0034 (0.34%)
Ottawa proposes new target-benefit pension scheme, no changes to CPP
Ottawa is proposing to create a new pension plan that would be an alternative to defined-benefit plans, generally favoured by workers, and defined-contribution plans, which are favoured by employers.
Canada unveils new pension plan proposal  
No retirement crisis in Canada  
Market Chart
14,556.20 +22.81 (0.16%)
1,011.57 +0.59 (0.06%)
16,510.36 +8.71 (0.05%)
1,879.71 +4.32 (0.23%)

Top stories

Analysts say there are a few aggravating factors that are making this year's bump especially painful. CANADIAN PRESS/Ryan Remiorz.
Sears Canada Inc. (SCC-T) will continue to weigh selling more of its valuable real estate, including prime store leases, to help bolster its sagging operating results although it has no current plans to vacate more of its outlets.
Changes to the temporary foreign worker program that made it easier for employers to hire from abroad in recent years were a factor in rising unemployment rates in B.C.
By Bryn Levy. SASKATOON, Saskatchewan (Reuters) - The Bank of Canada is more hopeful than before for the recovery of the country's exports but if exports do worse than expected, overall inflation will fall again and drift further from the target, Governor ...
... * Took on CEO job in 2005. * Refocused the bank as retail lender, reduced Wall St presence. * Announcement comes amid CEO shuffle at other Canadian banks (Adds analyst comment, M&A context, shares).

Trends

Popular searches on GoogleChange Mkt Cap
SIO Technologies Sensio Inc 16.67% 28.26M

Bank of Canada daily digest

Money markets Change
Overnight rate 0.998% -0.0017
Corporate paper, 1 month 1.14% 0.00
Treasury bill, 1 month 0.920% -0.0200
Inflation
Total consumer price index 1.50% +0.400
Interest rates
10 year bond 2.78% -0.0200
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 4.99% 0.00