A report from the International Energy Agency also said that events outside the U.S. will continue to affect pricing.» Read More
*Poloz dampens talk of possible interest rate cut. MONTREAL, Dec 12- The Bank of Canada is likely to keep interest rates on hold "for quite some time," Governor Stephen Poloz said on Thursday, dampening talk that it was edging closer to cutting rates in order to combat low inflation.
MONTREAL, Dec 12- The Bank of Canada is more worried about the downside risks to inflation than the upside ones, Bank of Canada Governor Stephen Poloz said on Thursday, but gave no indication what the next move on interest rates would be. The central bank has held its key overnight rate at a near-record low of 1 percent since September 2010.
*Carrier orders 60 jets from Embraer, 30 from Bombardier. *Embraer sees 2014 as "good year" for commercial jet sales. Dec 12- American Airlines Group Inc said on Thursday it ordered 90 regional jets from Embraer SA and Bombardier Inc in deals worth about $4 billion at list prices as it upgrades to a more efficient fleet to lower operating costs.
*Major developed world stocks set to slow- analysts. *Emerging stocks to have better year in 2014. LONDON, Dec 12- This year's rocketing gains for major developed world stock indexes will taper off in 2014, according to a Reuters poll that showed better days ahead for struggling emerging markets.
The line runs from Superior, Wis., to Sarnia, Ontario, passing through Michigan's Upper Peninsula and crossing the Straits of Mackinac, a five-mile-wide area where Lakes Huron and Michigan meet.
Dec 12- Canadian tour operator Transat AT Inc posted better-than-expected earnings for the third straight quarter as higher prices and cost-cutting boosted margins. Transat's net profit tripled to C $54.7 million, or C $1.40 per share, in the fourth quarter ended Oct. 31 from C $16.6 million, or 43 Canadian cents per share, a year earlier.
LONDON, Dec 12- Investors in major gold miners say a return to hedging future production after a slump in gold prices would be a sign of financial weakness in companies and could rob them of the chance to reap the rewards of any price rebound. John Thornton, a former senior executive at Goldman Sachs, said he would seriously consider hedging.
Dec 11- Air Canada said on Wednesday it will purchase up to 109 of Boeing Co's 737 MAX under its narrow-body fleet renewal plan, a major win for the aircraft maker and significant shift in supplier for Canada's largest carrier.
Dec 11- Fortis Inc has reached a friendly deal to buy Arizona- focused utility UNS Energy Corp for about $2.5 billion in cash, the Canadian power company said on Wednesday, as it looks to expand its presence in the United States.
WASHINGTON, Dec 11- John Podesta's return to the White House could dim prospects for the Keystone XL pipeline's approval, environmentalists said Wednesday, as the Democratic Party elder and Keystone critic crafts policies to curb climate change.
Canada Post will begin to phase out door-to-door mail delivery and convert service to community mailboxes, the Toronto Star reported Wednesday.
CALGARY, Alberta, Dec 11- Encana Corp, Canada's largest natural gas producer, will boost liquids production by 30 percent in 2014 as it moves to execute a plan from its new chief executive to concentrate spending on regions rich in high-value gas liquids and oil.
Dec 11- Encana Corp, Canada's largest natural gas producer, said it would boost liquids production by 30 percent in 2014 as part of new Chief Executive Doug Suttles' plan to focus spending on regions rich in gas liquids and oil.
DETROIT, Dec 11- A decade ago Les Cadman stopped making improvements to his small house in Detroit's declining Delray district because it stood in the path of a proposed bridge to Windsor, Ontario, the bustling Canadian city just across the Detroit River.
HOUSTON, Dec 10- The U.S. Gulf Coast region may see a rebirth in power trading as Entergy Corp and utilities in four states join the Midcontinent Independent System Operator, one of the world's largest grid operators and wholesale energy markets, later this month.
TORONTO, Dec 10- Lululemon Athletica Inc's newly named chief executive said in an interview on Tuesday that product quality will be a priority when he takes the helm at the high-end yogawear maker.
TORONTO, Dec 10- Lululemon Athletica Inc named a new chief executive on Tuesday and said founder Chip Wilson will step down as chairman, as the upscale yogawear retailer tries to expand globally and put a series of embarrassing quality issues and other gaffes behind it.
TORONTO-- Canada plans to make a claim to the North Pole in an effort to assert its sovereignty in the resource-rich Arctic, the country's foreign affairs minister said Monday.
NEW YORK, Dec 9- The euro rose to a six-week high against the dollar and a five-year peak versus the yen on Monday, helped by tighter money market conditions in the euro zone and China's strong trade numbers which have boosted investor tolerance for riskier currencies.
BOGOTA, Dec 9- Colombian state-owned oil company Ecopetrol and Canada's Talisman Energy said on Monday they had discovered an estimated 1.3 billion barrels of oil in southeastern Colombia and that about a tenth of it was likely to be recoverable.