Business Canada

  • *Begins hiring for store teams across Ontario. *Looking to fill store positions at co's first 24 stores across Ontario,. scheduled to open in march/ April 2013.

  • TORONTO, Oct 1- Canada will allow its market players to use either a global or local central counterparty to clear standardized over-the-counter derivatives, its central bank said on Monday. Central counterparties guarantee against default should one party in a contract, trade or investment be unable to pay.

  • OTTAWA, Oct 1- Canada's producer price index dropped for the fourth month in a row in August, slipping 0.1 percent from July on lower prices for motor vehicles and other transportation equipment, Statistics Canada said on Monday.

  • TORONTO, Oct 1- The Canadian dollar traded little changed on Monday following the release of data showing the Canadian producer price index slipped 0.1 percent in August from July.

  • *Canada says adopting new standard mean no big changes* Q2 GDP annualized growth 1.9 pct, up from initial 1.8 pct. OTTAWA, Oct 1- Canada revised its second quarter data for annualized economic growth to 1.9 percent from an initial 1.8 percent on Monday to reflect the adoption of updated accounting standards.

  • Oct 1- Canada's Crocodile Gold Corp said Chief Financial Officer Stephen Woodhead has resigned and will be replaced by Rob Dufour on an interim basis. Dufour has been with Crocodile Gold since July as director, finance.

  • Oct 1- Canada revised its second quarter data for annualized economic growth and the current account balance on Monday to reflect a change to updated accounting standards. Statscan said second quarter gross domestic product grew at an annualized 1.9 percent compared to an initial estimate of 1.8 percent.

  • Oct 1- Canada's main stock index looked set to open higher on Monday at the start of the quarter, with investors hoping for aggressive action from central banks after economic data from Asia and Europe showed further signs of slowing global growth.

  • Oct 1- Molson Coors Brewing Co:. *Says Hunter named CEO of Europe; Glendinning CEO of Canada as Perkins. *Says Mark Hunter is currently CEO, Molson Coors central Europe& Stewart.

  • Oct 1- Keyera Corp said it plans to invest C $210 million to boost recoveries of ethane and other high-margin natural gas liquids at the Rimbey gas plant in west central Alberta. Keyera said the expansion will allow it to recover more than 90 percent of the ethane from the plant, one of the largest natural gas midstream businesses in western Canada.

  • Investors looking for a rebound in the price of the commodity and corresponding gains in the shares of gas producers Encana Corp. ,Tourmaline Oil Corp, ARC Resources Ltd. "I think we're in for a long period of low gas prices," said Gordon Currie, an analyst at Salman Partners. "

  • *Chicago Fed warned of need for "kill switch" in 2010* SEC can't impose limits on HFT without consensus-official* Some traders are trying to build HFT-free trading zone* Retail investors looking for SEC to lead on HFT reform By Emily Flitter and Sarah N. Lynch. Only now is the SEC getting around to taking a closer look at some of those issues.

  • *Announces $210 million investment in turbo expander at rimbey gas plant to. *Extracted ethane will be sold to a large consumer in Alberta under a long. *Project will allow Keyera to recover over 90% of the ethane at the rimbey gas.

  • Oct 1- Bombardier Inc, the world's largest train maker, said it won a contract worth about 50 million euros to supply five double-deck trains to Deutsche Bahn AG.

  • Oct 01- Fitch Ratings has affirmed Landesbank Berlin AG's public sector covered bonds at' AAA' with a Stable Outlook following a periodic review of the programme.

  • *Natixis cuts BIC to neutral from buy; target price to 90 euros from 100 euros. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • BRUSSELS, Oct 1- Europe will tell the United States, Japan and Canada next week that it is acting to resolve its sovereign debt crisis, but that U.S. fiscal policy and slowing growth in Japan and China also pose risks to the global economy.

  • --We are affirming our' BBB-' long-term corporate credit rating on Alimentation Couche-Tard Inc.. after the company completed the acquisition of Statoil Fuel& Retail ASA, a Scandinavian convenience store and motor fuel retailer.

  • *ISS recommends shareholders back Telus plan. TORONTO, Oct 1- Telus Corp said on Monday that proxy advisory firm Institutional Shareholder Services has recommended shareholders vote in favor of Telus's plan to exchange non-voting shares for voting shares on a one-for-one basis.

  • Getting Back to Basics

    Moorad Choudhry, Treasurer, Corporate Banking Division, RBS calls for global banks to get back to basics. He adds that Australian & Canadian banks avoided a crash because they maintained conservative principles.