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Canadian markets news

Premier says 'persuasion money' reason for mass resignation of Manitoba Hydro ...
Every member of the Manitoba Hydro board, except for Progressive Conservative MLA Cliff Graydon, resigned on Wednesday. Chair Sandy Riley said the board and the provincial government could not agree on several issues.
Manitoba Hydro board resigns after premier says he will assume more control  The Globe and Mail
Power restored in Transcona and St. Boniface  CTV News
Winnipeg Free Press  
Fed lifts rates, signals tougher stance as economy strengthens
The U.S. Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflation and spur more aggressive future ...
Stocks wobble and end lower after Fed raises interest rates  Financial Post
US Federal Reserve nudges up interest rates again, expects more to come
No opting out: Canadians to get emergency alerts on their phones soon
TORONTO -- Canada's wireless providers are preparing for a looming update to the National Public Alerting System that will force smartphones to sound an ominous alarm when an emergency alert is triggered.
Canada signs commitment to end data roaming charges, but it's not binding
The CRTC collaborates with international partners to fight illegitimate ...  Canada NewsWire (press release)
Tesla shareholders approve Elon Musk pay package that could net him $50B US
Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion US if he meets lofty milestones over the next decade.
Elon Musk could make more than $50 billion from pay plan shareholders ...  CNBC
Tesla investors just approved Elon Musk's massive $2.6 billion pay package  Financial Post
Oil, NAFTA trade talk optimism help boost TSX and loonie
The S&P/TSX composite index closed up 58.92 points to 15,675.28 on Wednesday. (Frank Gunn / THE CANADIAN PRESS). By The Canadian Press.
USD/CAD - Pairing stuck on $1.30 ahead of FOMC
USD/CAD – Canadian Dollar Improves as US Eases on NAFTA Demands  MarketPulse (blog)
TSB probes smoky flight
Investigators with the Transportation Safety Board are being sent to Vancouver Island to determine why thick smoke suddenly filled the cabin of a commuter plane travelling to Nanaimo.
Plane filled with smoke lands at Nanaimo Airport  Williams Lake Tribune
Smoky landing for WestJet Passengers in Nanaimo  CFJC Today Kamloops
Starbucks warms up to cup-waste challenge as Calgary girls' petition percolates
Two Calgary students have met with the CEO of Starbucks after an online petition they spearheaded to push the coffee giant to deal with cup waste attracted more than 300,000 signatures.
Starbucks' mobile order push meets resistance from ritual seekers  Reuters Canada
Starbucks Aims for More Mobile Orders  Wall Street Journal
Small Newfoundland community fixated on plight of trapped dolphins
HEARTS DELIGHT, N.L. -- A small Newfoundland community has become fixated on the plight of six dolphins trapped by ice in its harbour.
Marine Atlantic alters NL sailings, warns of impending weather  The Compass
Group Forms Plan to Rescue Dolphins if Ice Conditions Worsen  VOCM
NS Opposition blames hospital overcrowding on lack of long-term care beds
Nova Scotia's Opposition parties are blaming the overcrowding of hospitals on a lack of available long-term care beds. The PCs and NDP say funding should have been set aside to open new beds.
Nova Scotia NDP says more long-term care beds would provide savings  National Post
You Are Badly Missing the Point on Tesla
Tesla's stock is in a bear market. So what? Amazon is now worth more than Alphabet. So what about that too? Facebook's day of reckoning looms large.
Facebook just lost more than Tesla's entire market cap in 2 days  The Australian Financial Review
Tesla's debt price is deteriorating [Update]  Financial Times