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Canadian markets news

BC government to go ahead with Site C hydroelectric dam project
Calling it a "difficult decision," the B.C. government has decided to go ahead with the controversial Site C hydroelectric dam, paving the way for work to restart.
BC government lets $10-billion Site C hydro project go ahead, with regrets  Times Colonist
BC NDP's decision on Site C is mainly a matter of politics  The Globe and Mail
TheChronicleHerald.ca  
New bitcoin futures suggest breakneck price gains to slow
In this Friday, Dec. 8, 2017, photo, a man stands besides a Bitcoin sign near a Bitcoin ATM in Hong Kong. Kin Cheung/AP. Saqib Iqbal Ahmed, Swati Pandey and Jemima Kelly.
Bitcoin futures could open the door to Bitcoin ETFs  Globalnews.ca
Bitcoin Just Surged on Futures Trading. Here's How That Actually Works  Fortune
CanniMed seeks regulatory action against Aurora's hostile takeover bid
CanniMed Therapeutics is seeking regulatory action in both Saskatchewan and Ontario, the company's latest push back against a hostile takeover attempt by Aurora Cannabis.
Aurora Cannabis Rebuts CanniMed's Call for Government Intervention to ...  Canada NewsWire (press release)
CanniMed asks Canadian regulators to intervene in hostile Aurora bid  Reuters Canada
Finance Minister Bill Morneau once again says government will not impose ...
Finance Minister Bill Morneau says the federal government still has no intention of imposing a Netflix tax because it would result in a financial hit for middle-class Canadians.
Finance Minister Says Ottawa Has No Plans To Tax Netflix, Streaming Services  Baystreet.ca
Reevely: Ontario will run deficits despite the healthy economy, watchdog says
Ontario is facing years of worsening deficits because none of the major parties has a plan to make the province's spending line up with its income, says the government's Financial Accountability Office.
Watchdog says province won't balance budget, despite claims otherwise  CTV News
Ontario's fiscal watchdog doubts books are balanced  Toronto Star
Opposition hopes OPP can find out how power companies bilked ratepayers
Auditor general Bonnie Lysyk has blamed the province's Independent Electricity System Operator (IESO) for lax oversight of electricity companies that fobbed off dubious expenses on ratepayers.
PCs ask OPP to investigate ineligible expenses by power generators  CP24 Toronto's Breaking News
Tories want OPP to investigate 'ineligible expenses' billed by power ...  OurWindsor.ca
Uber charges Toronto customer more than $18000 for short downtown ride
TORONTO - Uber is apologizing to customer who was charged more than $18,000 for a short ride in downtown Toronto. Photos posted on social media over the weekend showed that an Uber rider was billed $18,518.50 for a 21-minute Uber ride.
Mining stocks give TSX some lift, loonie up from Friday  570 News
Uber Accidentally Charged a Passenger $14000 for a 21-Minute Ride  TIME
Privacy commissioner opens formal investigation into Uber data breach
OTTAWA -- The federal privacy commissioner said Monday it has opened a formal investigation into the large data breach that Uber announced in November.
Canada's privacy commissioner opens formal investigation into Uber hack  Financial Post
Uber hack prompts formal federal privacy investigation  Globalnews.ca
Onex Corp. to buy venue manager SMG Holdings for undisclosed price
Onex Corp. says it has agreed to acquire a U.S. company that manages hundreds of sports, entertainment and business venues including Soldier Field, home to the NFL's Chicago Bears.
Onex to Invest in SMG  Digital Journal
Venue operator SMG sold to private equity firm  Music Week
Canadian Solar CEO offers to buy out shares, take company private
Shares in Canadian Solar Inc. rose Monday after the company revealed it has received a non-binding takeover offer from its chairman, Shawn (Xiaohua) Qu, who is also CEO and president.
Monday's small-cap stocks to watch  The Globe and Mail
CEO offers to take Canadian Solar private in cash deal  CTV News