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Canadian markets news

Canadian households lead the world in terms of debt: OECD
Canada leads the world in terms of household debt levels, and it's a major risk to the country's economy, the OECD says in a new report.
Canadians are the most indebted in the world, OECD says, as it warns on ...  Financial Post
Workers pay more than fair share of tax  SBS
Baystreet.ca  
Competition Bureau wants answers from Sears liquidators on alleged price mark ...
The Competition Bureau is investigating allegations that some merchandise was marked up in price for Sears Canada liquidation sales, says a report by the court-appointed monitor for the retailer.
Sears Canada liquidation sale prices draw investigation from Competition Bureau  Toronto Star
Sears Being Investigated For Alleged Price Mark-Ups  MY PG NOW
Newfoundland and Labrador announced weed will be sold through private stores
ST. JOHN'S, N.L. - Newfoundland and Labrador has announced recreational marijuana will be sold through private stores. The provincial government unveiled its plan Thursday, which will see the Crown-owned liquor corporation oversee the distribution to ...
NL to sell cannabis through liquor corporation  The Western Star
UPDATE Private Sales Licenses, Age Limit at 19 Included in NL Marijuana ...  VOCM
Aurora Cannabis buying greenhouse designer Larssen to push pot partnership plans
Aurora Cannabis Inc. says it intends to use its ownership of greenhouse design firm Larssen Ltd. to pressure other cannabis producers to enter partnerships that will further its aggressive growth plans.
Aurora Cannabis to buy greenhouse design firm Larssen, terms not disclosed  Financial Post
Aurora Cannabis Acquires Leading Global Greenhouse Design Firm Larssen Ltd.  Canada NewsWire (press release)
Trudeau 'very concerned' about US plans to roll back net neutrality
Prime Minister Justin Trudeau says he'll “continue to defend” net neutrality as the U.S. Federal Communications Commission set out its plans to scrap the rules around open internet access.
Net Neutrality Explained: What It Means (and Why It Matters)  Fortune
How to argue about net neutrality (and why you should)  Chicago Tribune
Government aims to keep organized crime out of legal cannabis market — but ...
As the federal government inches closer to legalizing recreational marijuana by next summer, it is still figuring out where to draw the line on how much previous criminal history should disqualify someone from taking a senior role in the industry.
Will a Supreme Court case end provinces' pot monopolies before legal ...  Globalnews.ca
Opinion: Alberta's cannabis plan supports business prospects, mostly  Edmonton Journal
Tesla's massive battery in Australia is ready for testing
The world's biggest battery is ready for testing in South Australia, with hopes it can help solve the energy problems plaguing that state.
Elon Musk's giant battery is ready for testing in Australia  National Post
Elon Musk's electric truck will cost $150000, Tesla reveals as it opens ...  Daily Mail
Noia appoints Charlene Johnson as new CEO
The Newfoundland and Labrador Oil & Gas Industries Association (Noia), has appointed former provincial cabinet minister Charlene Johnson as its new chief executive officer (CEO).
Federally funded consultation hurting offshore development, NOIA says  CBC.ca
NOIA: New CEO, Charlene Johnson  The OGM (press release)
At midday: TSX gets boost from resource shares as oil prices rise
Canada's main stock index rose on Thursday, led by materials and energy shares as oil prices rose, while domestic retail sales data reinforced expectations the Bank of Canada is on hold until next year.
Toronto stock market higher and loonie gains ground with US markets closed  660 News
TSX gets boost from resource shares as oil prices rise  Reuters Canada
Retail sales inched up in September, but only because of higher gas prices
Retail sales inched up 0.1 per cent to $49.1 billion in September largely because of higher prices at gas stations. Statistics Canada reported Thursday that retail sales were up in five of 11 sectors of the economy that the agency tracks.
Retail sales rise less than expected in September; auto sales fall  The Globe and Mail
Higher gas prices prop up retail sales through September, StatCan finds  Toronto Star