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Canadian markets news

Toys R Us files for bankruptcy protection
Toys R Us, the big box toy retailer struggling with $5 billion in long-term debt, has filed for Chapter 11 bankruptcy protection in the U.S.
Toys 'R' Us files for bankruptcy ahead of holiday season  Reuters
Toys 'R' Us files for bankruptcy protection in US; intends to follow ...  CTV News
U.S. News & World Report  
Luxury realtors expect Montreal to lead Canadian sales
VANCOUVER - Montreal is emerging as a luxury real estate "hot spot," while Vancouver and Toronto sales should pick up this fall after somewhat sluggish times, according to a new report.
Montreal's luxury housing market soars  The Globe and Mail
Calgary luxury home buyers dipping toes back into $1M-plus real estate market  Calgary Herald
Canadians looking for answers from the Bank of Canada after rate hike takes ...
Three interest rate hikes in a row? The Bank of Canada has plenty of precedent · David Rosenberg: In defence of the Bank of Canada's rate hike volley · Bank of Canada surprises with rate hike to 1%, eyes future moves.
Before the Bell: What every Canadian investor needs to know today  The Globe and Mail
Canadian dollar slips back below 82 cents US, as Dow sets record  CBC.ca
Cami strike: Ingersoll labour fight threatens other, smaller plants
The strike by Cami Assembly workers is a “gamble,” union leaders were quick to admit Monday, but they say they're rolling the dice on ensuring they have work for the future.
Striking GM workers face threat of production shift to Mexico  The Globe and Mail
General Motors workers on strike in Ingersoll, Ont  CTV News
Licensing committee backs Wynne's pot plan as activists demand rights to ...
A city committee has backed the province's pot plan to keep marijuana limited to government-run locations despite pleas from local activists pushing for the legalization of marijuana lounges.
Psst — Government agency asks if you want some really good stuff: Don Pittis  CBC.ca
Ontario introducing tougher laws, stiffer penalties for drug-impaired drivers  Globalnews.ca
Wealthsimple launches robo-adviser service in UK, its 2nd international market
CEO Michael Katchen says the U.K. expansion fits in with Wealthsimple's plan to build a global financial services firm. The U.K.
Why Canadian fintechs are expanding to the UK  Financial Post
Wealthsimple brings simple, accessible investment advice to the UK  PR Newswire (press release)
Equifax to update Canadians on data hack this week; no clearer on how many ...
Canada's privacy watchdog launched an investigation into the massive Equifax Inc. data breach after hearing from dozens of concerned Canadians.
Equifax: credit firm was breached before massive May hack  The Guardian
Equifax: Hackers hit company five months before stealing 143 million ...  Telegraph.co.uk
Kinross Gold to spend $1-billion to expand mines, stock falls
Kinross Gold Corp, as expected, gave the go-ahead on Monday to spend more than $1-billion to expand two of its gold mines, including its Tasiast mine in West Africa, but its shares fell as investors took profits after a stellar run this year.
Kinross provides updated Round Mountain mineral reserve and resource estimates  Stockhouse
Gold miner Kinross going ahead with US$1 billion in expansion projects  Financial Post
Raise lands PayPal investment in $60M round, shifts away from gift card resale
Raise has received $60 million in new funding from investors including PayPal, the Chicago-based company announced Tuesday. It's a batch of money the company is using to shift from an online marketplace for unwanted gift cards to a mobile payments ...
Raise Nabs $60 Million From PayPal, Accel To Change The Way You Shop  Forbes
Chicago's Raise gets $60 million for its gift card marketplace from ...  VentureBeat
Surging Adidas overtakes Jordan Brand for No. 2 spot behind Nike in US sneaker ...
In a rapid rebound, Adidas has moved past Jordan Brand to reach No. 2 in U.S. sneaker sales. According to the market-research firm NPD Group, the German-based apparel company, which was struggling just a couple of years ago, has returned to being ...
Nike rolled in 'crazy' adidas takeover  New Zealand Herald
Sneaker world shakeup: Adidas overtakes Jordan in the US  kgw.com