David Cockfield News
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Canadian stocks rose, erasing a loss for the year, as energy and technology shares gained after data showed the economy is on track for its fastest quarterly growth since 2011.
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Canadian stocks rose for the first time in four days after U.S. housing starts jumped more than estimated and gold rallied from its biggest drop since 1980.
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Rona Inc., the home-improvement retailer with the lowest market valuation in North America, would give potential suitors the chance to profit as Canada’s economy adds new homes and jobs at the fastest pace in more than three years.
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Rona Inc., the home-improvement retailer with the lowest market valuation in North America, would give potential suitors the chance to profit as Canada’s economy adds new homes and jobs at the fastest pace in more than three years.
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Canadian stocks rose to a 19-month high, erasing losses from earlier in the day, as energy companies rallied and BlackBerry surged on takeover speculation.
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Canadian stocks fell, reversing earlier gains in the final hour of trading, as partial voting results spurred concern about prospects for a stable government in Italy and a worsening of Europe’s debt crisis.
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Toronto, host to this weekend’s Group of 20 summit, is preparing for an invasion of world leaders, police and protesters by shutting its doors.
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William Downe spent his first two years atop Bank of Montreal confronting trading losses, credit writedowns and an underperforming stock. The third year proved different.
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Canadian stocks rose, closing at the highest level in more than 17 months, as European finance ministers met for the first time this year to discuss a solution to the region’s debt crisis.
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Canadian stocks rose for the first time in six days after Spain announced new austerity measures and commodities rallied on speculation China will introduce stimulus to support economic growth.
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