Canada

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DBRS downgrades Cenovus after ConocoPhillips deal Friday, 23 Jun 2017

CALGARY, Alberta (Reuters) - Ratings agency DBRS on Friday downgraded Cenovus Energy Inc, saying the Canadian oil company's acquisition of ConocoPhillips assets in March negatively affects its credit and more than outweighs the benefits of the deal.  Full Article

 
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Low inflation problematic, but will not sway hawkish Bank of Canada Friday, 23 Jun 2017 

OTTAWA (Reuters) - Unexpectedly cool Canadian inflation data released on Friday make it hard for the Bank of Canada to justify hiking interest rates in the next month or two, but analysts expect policymakers to stay hawkish amid concern that rates have been low too long.  Full Article  

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Canada's Supreme Court clears way for Facebook privacy lawsuit Friday, 23 Jun 2017 

OTTAWA (Reuters) - Canada's top court cleared the way on Friday for a lawsuit against Facebook Inc over privacy rights to be heard in the province of British Columbia instead of California where the social media site is based.  Full Article