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Enbridge Inc (TSE:ENB) announces plan to take Midcoast Energy Partners private

Enbridge Inc (TSE:ENB, Mkt cap 51.74B, P/E 27.41, Div/yield 0.58/4.19, EPS 2.03, Shares 943.11M) will pay about US$170m to take private Midcoast Energy Partners LP (MEP), the Calgary-based pipeline company said on Friday.
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Canadian National Railway (TSE:CNR) reports Q4 revenues up 2%, earnings up 8%

Canadian National Railway (TSE:CNR) reports Q4 revenues up 2%, earnings up 8%

Canadian National Railway Company (TSE:CNR, Mkt cap 71.05B, P/E 20.39, Div/yield 0.38/1.62, EPS 4.54, Shares 763.99M) has reported record earnings for the last quarter of 2016.
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CAE announces (TSE:CAE) civil aviation and defence contracts worth $475m

CAE announces (TSE:CAE) civil aviation and defence contracts worth C$475m

Flight training specialist CAE Inc (TSE:CAE, Mkt cap 4.96B, P/E 21.20, Div/yield 0.08/1.73, EPS 0.88, Shares 268.50M) has signed a series of aviation training contracts worth more than C$250m with airlines and business aircraft operators around the world.
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STOCK MARKET COMMENTARY – FOURTH QUARTER 2016 – RETROSPECTIVE AND PROSPECTIVE

2016 has been a year full of surprises. Several major events did not go the way of “expert” prediction; most notable were the vote in the UK to leave the European Union (Brexit) and the outcome of the US presidential race with Donald Trump winning. [+] Read More

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INTEREST RATES AND BONDS – 4TH QUARTER 2016 FIXED INCOME COMMENTARY

Interest Rates and Bonds: After peaking in the summer, the bond market’s direction has decidedly deteriorated. In December the US Federal Reserve started its widely expected tightening by raising the Fed Funds rate 0.25% to 0.50%. Further interest rate hikes will likely proceed at a moderate pace as dictated by economic conditions. According to the commentary emanating from Federal Reserve governors and other pundits indicates that the consensus view is that historical interest rate lows are behind us. [+] Read More

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CIBC assesses risks faced by Canadian investors in 2017

CIBC – The Canadian economy faces “major downside risks” related to the incoming U.S. administration’s trade policies and Republican-backed corporate tax reforms, according to a new report from CIBC Capital Markets. These risks will impede the Bank of Canada’s ability to tighten monetary policy, the report predicts.
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Waste Connections (TSE:WCN) expands its footprint in Illinois

Waste Connections Inc (TSE:WCN, Mkt cap 18.46B, P/E 42.35, Div/yield 0.24/0.91, EPS 2.50, Shares 175.43M) announced last week that it has acquired Groot Industries, Inc., the largest independent solid waste services provider in Illinois. It's the company's first acquisition since the merger of Progressive Waste Solutions Ltd. and Waste Connections, Inc. in June 2016. Groot … [+] Read More

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Fort McMurray wildfires contribute to record year for insurable damage in Canada

The wildfires that swept through Fort McMurray in May 2016 forced oil sands producers to cut production and temporarily shut down facilities, and cost insurers billions of dollars.

The Insurance Bureau of Canada (IBC) revealed on Friday that the wildfires, the country’s biggest natural disaster in 2016, resulted in approximately $3.7bn in insured damage — more than twice the amount of the previous costliest natural disaster on record.
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