CANADA STOCKS-Index flat; Nexen, Progress fall ahead of news from Ottawa

Fri Dec 7, 2012 9:05pm GMT

Related Topics



TORONTO, Dec 7 (Reuters) - Canada's benchmark stock index
ended slightly higher on Friday despite a late stumble in shares
of Nexen Inc and Progress Energy Resources Corp
 ahead of a government announcement expected to
determine whether they can be acquired by foreign state-owned
    The Toronto Stock Exchange's S&P/TSX composite index
 closed 8.64 points, or 0.07 percent, higher at
12,159.77. It notched a 0.65 percent decline on the week.

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.