CANADA

Loonie firms vs U.S. dollar for 4th straight day

Loonie firms vs U.S. dollar for 4th straight day
The Canadian dollar firmed against the U.S. dollar for a fourth straight day on Thursday as a Spanish bond sale saw decent demand and a liquidity move by major central banks raised hopes policymakers would step up action to tackle Europe's debt crisis.

Can California Exports Survive a Recession in Europe?

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Wells Fargo Securities said California's wholesale trade, transport and export industries have been big beneficiaries of the growing wealth of Asia and growing demand from other countries, such as Canada and Mexico.
Horse slaughter

Horse Slaughter Coming Back to U.S. Soon?

In states like South Dakota and Texas, and others in the Midwest, the movement to get the horse slaughter business up and running again in the U.S. is active. State lawmakers in South Dakota, for instance, had introduced a state constitutional amendment to provide for the purchase, construction and operation of a horse processing plant. The proposed legislation failed, but it's a sign that combined with the end of the federal ban that horse meat slaughter houses may be back in the U.S...
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U.S. Stock Futures Signal Lower Open

Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 4:37 a.m. ET.
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Central banks act as euro zone crisis rages

The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone's debt crisis drove EU ministers to urge more IMF help to avert financial disaster.
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Q3 GDP beats Street, rebounds from Q2 fall

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.
Canada natives sue Shell over oil sands funding

Canada natives sue Shell over oil sands funding

A Canadian native group is suing Royal Dutch Shell Plc for what it said was a failure by the oil major to live up to environmental funding agreements tied to Shell's massive northern Alberta oil sands developments.
U.S. Stock Market

U.S. Stocks Soar on Action by Central Banks

U.S. stocks rose more than 3 percent on Wednesday as major central banks acted jointly to add liquidity to the global financial system, boosting appetite for risky assets.
Finance minister urges Europe to act quickly

Finance Minister Urges Europe to Act Quickly

The ongoing European debt crisis is threatening the global economy and must be dealt with swiftly and decisively, Canada's finance minister Jim Flaherty said at a conference on Wednesday.
TSX to open up on China move, GDP eyed

TSX to open up on China move, GDP eyed

Toronto's main stock index was set to open higher on Wednesday, extending gains from the previous session after China unexpectedly cut its bank reserve requirement ratio by 50 basis points, and ahead of Canadian growth data.
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Wall Street set for big gains after central banks act

Stocks were set to gain more than 2 percent at the open on Wednesday as a coordinated action by major central banks to provide liquidity to the global financial system boosted investors' appetite for risky assets.
Oil sands opponents turn focus to Enbridge project

Oil sands opponents turn focus to Enbridge project

Enbridge Inc's proposed C$5.5 billion ($5.3 billion) pipeline to British Columbia poses a raft of environmental risks, according to a new report that signals the project will become the next battleground over the future of Canada's oil sands.

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