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Canadian markets news

Liberals drop capital-gains tax proposal amid family farm concerns
The Liberal government is dropping one of the three key elements of its controversial small business tax proposals in response to agriculture sector concern that it would harm the ability to pass on a business to the next generation.
The unrelatable quandary of richy-rich Bill Morneau  Toronto Sun
Bill Kelly: Politicians must also consider the court of public opinion  Globalnews.ca
CP24 Toronto's Breaking News  
Sears Canada liquidation sales underway across the country
Everything must go is the mantra at Sears Canada locations across the country as the one-time mainstay of Canada's retail landscape prepares to close its doors for good.
Sears managers, execs will still pocket big cash bonuses even though ...  CBC.ca
Sears Canada Stores are Closing! Liquidation Sale Begins Thursday, October 19  Canada NewsWire (press release)
Canadian cities in the hunt for Amazon's HQ2 — but is it worth the shot?
It's like a technology-themed reality TV dating show. Suitor Amazon is on the hunt for a North American city to house what it calls HQ2: a second headquarters.
Big question for US cities: Is Amazon's HQ2 worth the price?  The Mercury News
Amazon: More than 100 cities bid for new headquarters  BBC News
Cenovus selling Palliser assets in Alberta to Torxen for $1.3B
Cenovus Energy Inc. says it has agreed to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for $1.3 billion.
Cenovus to sell Palliser oil, gas assets for $1.3-billion  The Globe and Mail
Cenovus announces $1.3-billion asset sale in bid to pay down debt  BNN
Shopify to add up to 500 new jobs in Waterloo in coming years
Shopify CEO Tobias Lutke checks out the Shopify office space in Waterloo, Ont. on Thursday, Oct. 1, 2015. Hannah Yoon/THE CANADIAN PRESS.
Shopify adding up to 500 jobs, second office in Waterloo  Ottawa Business Journal
Shopify is expanding in Waterloo, adding new building and up to 500 new workers  Financial Post
Vale lays off 21: Union president
The Brazilian mining giant has laid off 21 people at its Sudbury operations, according to Rick Bertrand, president of United Steelworkers Local 6500, which represents the workers.
Vale has laid off 21 workers  Sudbury.com
USW says Vale laying off 21 Sudbury workers  CBC.ca
A look back at the 1987 stock market crash
Stock trades 1987 Black Monday Traders on the floor of the New York Stock Exchange work frantically as panic selling swept Wall Street in this Oct. 19, 1987 file photo.
Black Monday 1987: 'Our jaws hit the desk'  BBC News
A Black Monday replay? Why market pros think it can't happen  CNBC
Rogers boosts subscribers, hikes forecast as profit surges
File photo of a woman walking past a Rogers sign on the way into the Rogers building in Toronto. Mark Blinch/REUTERS. Christine Dobby.
Rogers Communications profit climbs on the strength of its wireless business  Financial Post
Rogers Communications Inc. Posts Another Impressive Result With a Strong Q3  The Motley Fool Canada
Quebecer wants to sue Sunwing over 'champagne service' that served sparkling wine
MONTREAL - A Quebec man is trying to sue an airline after he was allegedly served sparkling wine instead of champagne on a flight.
Man sues Sunwing Airlines over 'Champagne,' claiming he was served ...  Fox News
Passenger who wanted champagne on plane sues over getting cheap wine  New York Post
Alphabet just announced a $1 billion bet on Lyft — despite being an investor ...
CapitalG, an investment arm within Google-parent Alphabet, will lead a $1 billion funding round for Lyft. CapitalG Partner David Lawee will join Lyft's board.
Google parent Alphabet invests $1 billion in Lyft, giving it the muscle to ...  Financial Post
Lyft Says Alphabet Leads Latest $1 Billion Round of Funding  U.S. News & World Report