Transportation, Retail and Markets Correspondent, Canada
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Mar 23, 2011

Canada’s C$3.2 billion bond nets decent demand

TORONTO, March 23 (Reuters) – Canada’s sale of three-year
government bonds met with decent demand on Wednesday as
expectations grew that the Bank of Canada would leave interest
rates steady longer, following strong political opposition to
the Conservative government’s budget.

There were more than C$8 billion in bids from primary
dealers, resulting in a bid-to-cover ratio of 2.5522.

Mar 22, 2011

TORONTO (Reuters) – Canadian regulators see no big environmental impact from a plan to expand a nuclear power station 70 km (45 miles) from Canada’s biggest city, Toronto, but Greenpeace activists halted a second day of hearings with pleas for a delay while Japan unravels its nuclear mess.

The government-appointed joint review panel hearings into adding up to 4,800 megawatts of electrical capacity to the four-reactor Darlington nuclear power plant are scheduled to last until April 8. However, officials said extra days might be possible to allow more time to examine the accident at Japan’s Fukushima reactor.

Mar 22, 2011

TORONTO (Reuters) – Canadian regulators see no big environmental impact from a plan to expand a nuclear power station 70 km (45 miles) from Canada’s biggest city, Toronto, but Greenpeace activists halted a second day of hearings with pleas for a delay while Japan unravels its nuclear mess.

The government-appointed joint review panel hearings into adding up to 4,800 megawatts of electrical capacity to the four-reactor Darlington nuclear power plant are scheduled to last until April 8. However, officials said extra days might be possible to allow more time to examine the accident at Japan’s Fukushima reactor.

Mar 22, 2011

TORONTO (Reuters) – Canadian regulators see no big environmental impact from a plan to expand a nuclear power station 70 km (45 miles) from Canada’s biggest city, Toronto, but Greenpeace activists halted a second day of hearings with pleas for a delay while Japan unravels its nuclear mess.

The government-appointed joint review panel hearings into adding up to 4,800 megawatts of electrical capacity to the four-reactor Darlington nuclear power plant are scheduled to last until April 8. However, officials said extra days might be possible to allow more time to examine the accident at Japan’s Fukushima reactor.

Mar 22, 2011

Canada nuclear plan gets environmental OK

TORONTO, March 22 (Reuters) – Canadian regulators see no
big environmental impact from a plan to expand a nuclear power
station 70 km (45 miles) from Canada’s biggest city, Toronto,
but Greenpeace activists halted a second day of hearings with
pleas for a delay while Japan unravels its nuclear mess.

The government-appointed joint review panel hearings into
adding up to 4,800 megawatts of electrical capacity to the
four-reactor Darlington nuclear power plant are scheduled to
last until April 8. However, officials said extra days might be
possible to allow more time to examine the accident at Japan’s
Fukushima reactor.

Mar 2, 2011

Alpha Group says key TMX assets must stay in Canada

TORONTO (Reuters) – The head of the Toronto Stock Exchange’s main rival questioned on Wednesday what will happen to Canada’s strategic exchange assets if the London Stock Exchange’s (LSE.L: Quote, Profile, Research, Stock Buzz) friendly takeover of TMX Group (X.TO: Quote, Profile, Research, Stock Buzz) goes ahead.

Alpha Group’s chief executive, Jos Schmitt, said a merged LSE-TMX would see the Toronto Stock Exchange’s center of gravity shift to London.

Mar 2, 2011

TMX, LSE defend tie-up to wary Ontario lawmakers

TORONTO, March 2 (Reuters) – The architects of the London
Stock Exchange’s (LSE.L: Quote, Profile, Research, Stock Buzz) takeover of TMX Group (X.TO: Quote, Profile, Research, Stock Buzz) defended
the transatlantic tie-up to skeptical lawmakers on Wednesday in
the first of a series of government and regulatory approvals.

An Ontario legislative review that began on Wednesday is
not in itself legally binding. But it will likely influence
regulatory and federal government reviews that have the power
to derail the C$3.1 billion takeover.

Mar 2, 2011

TMX CEO denies LSE deal is threat to Canada

TORONTO, March 2 (Reuters) – Control of the Toronto Stock
Exchange will stay in Canadian hands after the London Stock
Exchange’s (LSE.L: Quote, Profile, Research) takeover of TMX Group (X.TO: Quote, Profile, Research), the TMX’s CEO
said on Wednesday, countering one of the main criticisms of the
deal.

Speaking to Ontario lawmakers at the opening of a
provincial review, TMX CEO Tom Kloet said an executive based in
Toronto will still lead Canada’s biggest exchange, even after
its owner, the TMX, is folded into the larger London-based
company.

Mar 1, 2011

Hearings to highlight politics of LSE-TMX deal

TORONTO (Reuters) – Politics may trump the idea of globalization in deciding the fate of a proposed takeover of the TMX Group (X.TO: Quote, Profile, Research), raising the spectre of a second foreign-backed deal blocked by Canada in a matter of months.

A complex, multi-tiered approval process starts on Wednesday when an all-party committee of the Ontario provincial legislature holds the first of four hearings on the takeover proposal from the London Stock Exchange (LSE.L: Quote, Profile, Research).

Mar 1, 2011

Ontario hearings to highlight politics of TMX deal

TORONTO, Feb 28 (Reuters) – Politics may trump the idea of
globalization in deciding the fate of a proposed takeover of
the TMX Group (X.TO: Quote, Profile, Research), raising the specter of a second
foreign-backed deal blocked by Canada in a matter of months.

A complex, multi-tiered approval process starts on
Wednesday when an all-party committee of the Ontario provincial
legislature holds the first of four hearings on the takeover
proposal from the London Stock Exchange (LSE.L: Quote, Profile, Research).

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for Reuters.com, and an online news editor for Reuters.com, .co.uk and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
      2003
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