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Market summary

11:05AM EDT

World markets

Shanghai 2,288.53 +12.87 (0.57%)
Nikkei 225 14,612.45 +128.47 (0.89%)
Hang Seng Index 22,618.67 -51.01 (-0.23%)
TSEC 8,209.78 -28.05 (-0.34%)
FTSE 100 6,661.33 -35.46 (-0.53%)
EURO STOXX 50 2,767.73 -9.05 (-0.33%)
CAC 40 3,959.64 -7.51 (-0.19%)
S&P/ASX 200 4,983.50 -78.90 (-1.56%)
BSE Sensex 19,704.33 +30.00 (0.15%)
KOSPI 1,973.45 +4.26 (0.22%)

Currencies

CAD/USD 0.9670 -0.0034 (-0.35%)
CAD/EUR 0.7451 -0.0053 (-0.71%)
CAD/JPY 98.4334 -0.4312 (-0.44%)
CAD/GBP 0.6397 -0.0027 (-0.42%)
CAD/HKD 7.5071 -0.0261 (-0.35%)
CAD/AUD 0.9996 +0.0031 (0.31%)
Manitoba Tel agrees to sell Allstream, put $130M into pension
WINNIPEG -- Manitoba Telecom Services Inc. has agreed to sell its Allstream business telecommunications arm to an Egyptian investment group and use about half of the proceeds to reduce its pension obligations and debt.
Are we getting enough vacation? Canada ranks near bottom of list  
Manitoba Tell sells Allstream to Egyptian  
Market Chart
12,649.80 -8.29 (-0.07%)
946.71 +4.66 (0.49%)
15,250.46 -44.04 (-0.29%)
1,643.16 -7.35 (-0.45%)

Top stories

Proposed changes to U.S. meat labelling laws are unsatisfactory and continue to discriminate against Canadian beef and hog producers, Ottawa says, raising the spectre of retaliatory action from the federal government.
National Bank of Canada, the country's sixth-largest lender, raised its dividend by 4.8 percent as it posted record second-quarter adjusted profit on consumer-lending growth.
TransCanada Corp. (TRP) won another of the remaining Texas state-court challenges by landowners trying to block construction of the Keystone XL tar-sands pipeline across their property.
The city is looking into a long-term strategy to deal with the thousands of potholes dotting Edmonton roads. Transportation manager Bob Boutilier said more money is needed to do roadway maintenance and rehabilitation.
Metro Vancouver's port authority says it is taking the proper steps to ensure public safety in the Lower Mainland, as environmental groups accuse it of abandoning its responsibility by allowing a company to hold public consultations on a coal port project.

Trends

Popular searches on GoogleChange Mkt Cap
MBT Manitoba Telecom Services 4.36% 2.26B

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% +0.0009
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 0.950% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.39% +0.0100
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00