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	NEWS TAPE

TransCanada and ConocoPhillips expand Keystone oil pipeline plan : TransCanada Corp. (TSX:TRP) and ConocoPhillips (NYSE:COP) are almost doubling the planned capacity of the Keystone pipeline and will extend the line to carry crude oil from Alberta to ...
18 Jul 2008 16:29

18 Jul 2008 16:22

City housing prices down : Calgary's housing market took a "collective exhale" this spring and deflated prices in all major residential categories, says a report on national housing prices released yesterday. Nationally, meanwhile, housing prices were on an upswing during the second quarter of this year compared to a year ago, and are forecast to rise by 3.5% by year's end. ...

Magna, Put on Goldman Sell List, Drops to 7-Year Low (Update1) : Magna International Inc., North America's largest auto-parts maker, fell to its lowest level in more than seven years as Goldman, Sachs & Co. put the shares on a sell list because of ...
14 Jul 2008 10:39

14 Jul 2008 10:12

Apple Shoppers Brave Heat, Mobs for Faster IPhone (Update1) : Apple Inc. started selling the iPhone 3G today, drawing thousands in North America, Asia and Europe, with customers creating a half-mile line in Tokyo, braving summer heat in Madrid and ...

Ubisoft to offer movie-like experience for gamers with Hybride acquisition : Video game maker Ubisoft is positioning itself to offer more games that have cinema-quality special effects and movie-like experiences with the acquisition of Quebec-based ...
10 Jul 2008 10:49

10 Jul 2008 10:25

Google slams "throttling" of internet traffic in Canada : In a fifteen page filing to the CRTC concerning the Canadian Association of Internet Providers’ (CAIP) application to end Bell Canada's practice of "throttling" its wholesale internet services, ...

Rogers blinks on iPhone pricing : Rogers Wireless Communications Inc. is learning the hard way that the iPhone isn't your average cellphone and that Apple fans aren't your typical cellphone customers. After receiving a deluge of calls and e-mails, and watching as more than 50,000 potential customers signed an online petition protesting against the company's iPhone pricing policies, Rogers bowed to mounting pressure ...
10 Jul 2008 10:12

Cheapest iPhone plan starts at $60 : Monthly fee that tops out at $115 puts device `in the realm of reality'. It's official: Owning an iPhone isn't going to be cheap in Canada. Rogers Communications Inc. yesterday unveiled the monthly plans that will accompany Apple Inc.'s second-generation iPhone when it goes on sale July 11 for $199 or $299 with a three-year contract. ...
30 Jun 2008 17:39

30 Jun 2008 14:42

Shaw Profit Rises 40% on Subscribers, Price Increases (Update2) : Shaw Communications Inc. said third- quarter profit rose 40 percent after it raised prices and won more cable, telephone and Internet customers. Net income rose to C$128.1 million ($127.3 million), or 30 cents a share, from C$91.6 million, or 21 cents, a year earlier, the Calgary-based company said in a statement today. Excluding ...

Tim Hortons Falls to Lowest Since 2006 on Rating Cut (Update2) : Tim Hortons Inc., Canada's biggest coffee-and-doughnut chain, fell the lowest in more than 1 1/2 years in Toronto trading after Goldman, Sachs & Co. recommended investors sell the stock ...
30 Jun 2008 14:38

30 Jun 2008 14:15

Russia's Acron Buys Canadian Potash Producer for C$61 Million : OAO Acron, Russia's third-largest producer of nitrogen-based fertilizers, bought 98 percent of Canadian potash exploration company Saskatchewan Ltd. as it seeks to increase access to raw ...

Canada's Dollar Gains for a Second Week as Oil Reaches Record : Canada's dollar gained for a second week as the price of crude oil rose to a record of more than $142 per barrel yesterday. The currency appreciated 0.6 percent since June 20 and touched the highest in more than three weeks yesterday. Commodities such as gold and crude oil account for 54 percent of the nation's ...
30 Jun 2008 13:59

30 Jun 2008 13:52

Bank of Montreal Reduces Investment-Banking Jobs in Downturn : Bank of Montreal, Canada's fourth- biggest bank, is trimming investment-banking jobs because of the recent decline in the credit markets, spokesman Ralph Marranca said. ``We're growing businesses where we see potential for growth, we're cutting back in businesses where the market conditions are soft,'' Marranca said today in an interview. ...

Central Bankers Foresee `Sluggish' World Economy (Update1) : Central bankers expect the world economy to turn ``sluggish'' by the end of the year as soaring inflation and higher borrowing costs bite into disposable incomes, Argentine central bank ...
30 Jun 2008 13:32

Canada's Flaherty Says Bank Mergers Still Not a `Priority' : Canada's finance minister said he still doesn't want to remove a ban on mergers between the country's banks after a government-appointed panel recommended such a move three days ago. ...
30 Jun 2008 13:25

30 Jun 2008 13:02

SunOpta Drops 20% After Foodmaker Says Top Executives to Leave : SunOpta Inc., the Canadian organic- food producer, plunged at least 20 percent in Nasdaq trading after saying two top executives will leave by the end of the year and delaying the filing ...

Canada's Dollar Gains Most in a Week as U.S. Confidence Falls : Canada's dollar rose the most in a week after a report showed U.S. consumer confidence fell more than forecast in June to the lowest level in more than 16 years. The currency strengthened for a second day as the weakening U.S. economy may reduce pressure on the Federal Reserve to raise borrowing costs later this year. The Conference Board's ...
25 Jun 2008 13:09

20 Jun 2008 11:39

Toronto-Dominion May Buy in U.S. If `Compelling', Clark Says : Toronto-Dominion Bank would consider further U.S. acquisitions or infusing other lenders with capital if the opportunity was right, Chief Executive Officer Edmund Clark said. ``It would have to be pretty compelling strategically to move now,'' Clark told reporters late yesterday after an investor conference in Mount Laurel, New Jersey. ``We're going to be ...

Windsor, Oshawa Lose Auto Jobs as U.S. Slump Spreads to Canada : Charlie Sun bought Kilroy'z Pub in Windsor, Ontario, three years ago, counting on 1,900 thirsty workers at the General Motors Corp. transmission plant across the street to secure his ...
20 Jun 2008 11:32

12 Jun 2008 13:28

Canada Dollar Slump May Slow With Inflation Focus (Update1) : The slumping Canadian dollar may get a reprieve as the Bank of Canada shifts focus from economic growth to fighting inflation. The currency rose against its U.S. counterpart yesterday for the first time in eight days, snapping the longest slide since 2005, and rallied versus the euro and yen after central bank ...

Forzani Drops Most Since 2004 After Unexpected Loss (Update2) : Forzani Group Ltd. fell the most in more than four years in Toronto trading after Canada's biggest sporting-goods retailer reported an unexpected first-quarter loss and a decline in sales ...
12 Jun 2008 13:22

Canada Stocks Fall With Oil; Suncor, Energy Companies Retreat : Canadian stocks fell for the first time in three days as oil's decline to a two-week low dragged down energy shares and overshadowed a rally in fertilizer producers. The Standard & Poor's/Toronto Stock Exchange Composite Index fell 85.57, or 0.6 percent, to 14,728.61. Energy stocks fell 1.2 percent as a group. ...
04 Jun 2008 10:32

30 May 2008 19:28

Montreal Carbon Trading May Be Hurt by Environment Alternatives : Montreal Exchange Inc.'s start in the $64 billion carbon-credit market may be undermined by other incentives from the Canadian government to reduce greenhouse gases, power and chemical ...

European Stocks Advance for Third Day; BA, Air France Rally : European stocks rose for a third day as lower oil prices boosted the earnings outlook for airlines and consumer companies and Dell Inc.'s better-than-expected profit lifted technology shares. ...
30 May 2008 19:12

30 May 2008 18:55

U.S. Probes Crude Oil Trading for Price Manipulation (Update3) : The U.S. Commodity Futures Trading Commission, the watchdog for commodity transactions, is investigating U.S. crude oil trading to determine whether the surge to record prices is the ...

Canada's Dollar Declines as Economy Unexpectedly Contracts : Canada's dollar fell the most in more than three weeks after a government report showed the economy unexpectedly shrank in the first quarter, fueling speculation the central bank will cut ...
30 May 2008 18:48

27 May 2008 11:12

Criteria Buys 20% of Slim's Inbursa to Grow in Mexico (Update3) : Criteria CaixaCorp, the investment company owned by Spain's biggest savings bank, agreed to buy 20 percent of Carlos Slim's Grupo Financiero Inbursa SA for 1.5 billion euros ($2.4 ...

Most Canada Stocks Rise, Led by Talisman; Fording Coal Falls : Most Canadian stocks rose, as Talisman Energy Inc. gained on higher crude-oil prices and a report that it is in talks to sell assets. Bank of Nova Scotia and Bank of Montreal advanced ahead of their quarterly results announcements tomorrow. Fording Canadian Coal Trust Ltd. retreated from a record, pacing a decline in raw- ...
27 May 2008 10:45

27 May 2008 10:23

Candente Surges as Analysts Expect Increase in Copper Deposits : Candente Resource Corp., a Canadian metals exploration company, surged as analysts said the company is likely to boost estimates of copper deposits in Peru. Candente rose the most in 10 months in Toronto trading, gaining 11 percent to CN$1.91. The Peru-traded shares climbed 12 percent to $1.90. ...

Enbridge Net Rises 11% on U.S. Unit, Higher Gas Sales (Update6) : Enbridge Inc., Canada's largest pipeline company, said first-quarter profit gained 11 percent, beating analysts' estimates, on higher contributions from a U.S. partnership and increased ...
08 May 2008 13:34

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