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  • OTTAWA, July 27- Canada's housing market is showing strong signs of overvaluation as prices have surged, the federal housing agency said on Wednesday, becoming the latest authority to voice concern about the country's multi-year property boom. A more recent ramp up in the Toronto and Vancouver markets has raised concerns among policymakers, prompting the...

  • SEATTLE— As crude oil trains began rolling through its downtown a few years ago, Spokane was among the first cities to pass a resolution calling for stronger federal safety regulations. But when a mile-long train derailed in the scenic Columbia River Gorge along the Oregon- Washington border last month— after earlier passing through this major railroad hub in...

  • July 27- Saskatchewan Premier Brad Wall said on Wednesday he was not satisfied with Husky Energy Inc's emergency response to an oil spill into a river that supplies drinking water, and said the western Canadian province needed to consider ways to avoid a recurrence. Asked whether Saskatchewan should take steps to prevent future spills, such as requiring...

  • July 27- Saskatchewan Premier Brad Wall said on Wednesday he was not satisfied with Husky Energy Inc's emergency response to an oil spill into a river that supplies drinking water, and said the western Canadian province needed to consider ways to avoid a reoccurrence. The spill into the North Saskatchewan River from a Husky pipeline started late on July 20, but...

  • Justices issued a 6-1 decision saying O&G Industries of Torrington is immune from the lawsuit under state law because the contractor bore the cost of workers' compensation benefits paid to the two employees, who worked for subcontractors. The Supreme Court rejected arguments by the workers, James Thompson and James McVay, that O&G Industries didn't actually...

  • BASE PRICE: $28,700 for SE FWD; $20,195 for SE AWD; $31,790 for SEL FWD; $33,285 for SEL AWD; $35,600 for Titanium FWD; $37,095 for Titanium AWD; $40,400 for Sport AWD. BUILT AT: Oakville, Ontario, Canada. OPTIONS: Equipment group 401 A $3,150; panoramic vista roof $1,595; adaptive cruise control and collision warning with brake support $1,150; 21- inch, premium painted...

  • CHICAGO, July 27- TauRx Pharmaceuticals' experimental Alzheimer's drug LMTX failed to improve cognitive and functional skills in patients with mild to moderate Alzheimer's disease, a large, late-stage study showed. But the drug did show a benefit in a small group of patients who were not taking other standard Alzheimer's drugs, according to the findings...

  • TORONTO _ FirstService Corp. on Wednesday reported second-quarter earnings of $12.7 million. On a per-share basis, the Toronto- based company said it had net income of 35 cents. FirstService shares have increased almost 10 percent since the beginning of the year.

  • MONTREAL _ Gildan Activewear Inc. on Wednesday reported second-quarter profit of $94.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Three analysts surveyed by Zacks expected $705.9 million.

  • BURNABY, British Columbia _ Ballard Power Systems Inc. on Tuesday reported a loss of $5.8 million in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share. Four analysts surveyed by Zacks expected $18.2 million.

  • CALGARY, Alberta _ Western Energy Services Corp. on Tuesday reported a loss of $18.8 million in its second quarter. The Calgary, Alberta- based company said it had a loss of 26 cents per share. Keywords: Western Energy Services, Earnings Report.

  • VANCOUVER, British Columbia _ Capstone Mining Corp. on Tuesday reported a second-quarter loss of $13.4 million, after reporting a profit in the same period a year earlier. The Vancouver, British Columbia- based company said it had a loss of 3 cents per share. Keywords: Capstone Mining, Earnings Report.

  • WINNIPEG/ CALGARY, July 26- An oil spill into a major Canadian river from a Husky Energy Inc pipeline started late on July 20, but flows were not shut down until the following morning, the company said on Tuesday. Husky's incident report, released by the Saskatchewan government, said the leak started on July 20 at 8 p.m. CST in the western province.

  • VANCOUVER, British Columbia _ Taseko Mines Ltd. on Tuesday reported a second-quarter loss of $15 million, after reporting a profit in the same period a year earlier. The Vancouver, British Columbia- based company said it had a loss of 7 cents per share. Keywords: Taseko Mines, Earnings Report.

  • July 26- Canadian miner Sherritt International Corp is confident it and its partners in a large Madagascar nickel mine will reach agreement soon with lenders to defer repaying project loans for several years, Sherritt's chief executive said on Tuesday. Last month, Sherritt and its partners in the Ambatovy joint venture, Japan's Sumitomo Corp and Korea...

  • *Lenders test 50 pct Vancouver decline, 40 pct in Toronto. *Vancouver, Toronto property markets have surged since 2009. TORONTO, July 26- Canada's banking regulator said on Tuesday it will require the country's smaller lenders to test how they would withstand a 50 percent drop in property prices in Vancouver and a 40 percent decline in Toronto.

  • July 26- Match Group Inc, owner of dating services Tinder, Match.com and OkCupid, reported a bigger-than-expected increase in quarterly revenue as more people signed up for paid subscriptions. The company's revenue rose 21 percent to $301.1 million in the second-quarter ended June 30. Net income attributable to Match Group rose to $34.1 million from $23.3...

  • *Banks to test 50 pct Vancouver decline, 40 pct in Toronto. *Vancouver, Toronto property markets have surged since 2009. TORONTO, July 26- Canada's banking regulator said on Tuesday it will require the country's banks to test how they would withstand a 50 percent drop in property prices in Vancouver and a 40 percent decline in Toronto.

  • WINNIPEG/ CALGARY, July 26- An oil spill into a major Canadian river from a Husky Energy Inc pipeline started last Wednesday evening and crews did not arrive on site until the following morning, the company said on Tuesday. Husky's incident report, released by the Saskatchewan government, said the leak into the North Saskatchewan River was discovered on June 20 at...

  • July 26- An oil spill into a major Canadian river from a Husky Energy Inc pipeline started last Wednesday evening and crews did not arrive on site until the following morning, the company said on Tuesday. Husky's incident report, released by the Saskatchewan government, said the leak into the North Saskatchewan River was discovered on June 20 at 8 p.m. local time in...