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Canadian markets news

Bitcoin Continues to Plummet After Its Biggest Daily Crash in Four Months
Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 7% on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.
Bitcoin: South Korea sways cryptocurrency prices - but how?  BBC News
South Koreans petition government to stop cryptocurrency crackdown  Globalnews.ca
Reuters  
Alberta working on snow contingency plan in wake of Carillion problems
The provincial government is developing contingency plans in the wake of the bankruptcy of British multinational Carillion, whose Canadian subsidiary holds three contracts for highway snow removal in Alberta.
Company's collapse leaves contracts for 33000 km of Alberta highway in ...  Edmonton Journal
Carillion Canada easing nerves in Halton  CHCH News
John Horgan: BC Hydro rate freeze might not be best way to make life more ...
Count B.C. Premier John Horgan among the people who are skeptical as to how much a rate freeze at BC Hydro will make life more affordable for British Columbians.
BC premier rejects Green call for foreign buyers ban days before Asia visit  National Post
Premier touches on multiple topics ahead of Asia trade trip  Smithers Interior News
Big Six have now all raised mortgage rates as Bank of Canada decision looms
The country's six biggest lenders set aside $16.3 billion for variable compensation - up 26 per cent from 2016 - as a record year in trading and investment banking swelled bonus pools.
US lawsuit accuses banks of rigging a Canadian rate benchmark  The Globe and Mail
Canadian shares lower as energy sector weighs on market  CBC.ca
Australia complains to WTO about Canadian rules on selling wine
Australia has complained at the World Trade Organization about the rules applied to the sale of wine by Canada and various Canadian provinces, a WTO filing showed on Tuesday.
Australia files WTO complaint against Canadian wine sales measures  CTV News
Australia files WTO complaint over Canada wine sales  BBC News
BC government taking wait-and-see approach on road pricing recommendations
Premier John Horgan wouldn't speculate on whether his government would approve or reject any proposal by Metro Vancouver mayors for road-pricing tolls around the region to reduce congestion and pay for transportation upgrades.
Metro mobility pricing must fit into BC 'affordability plan': Horgan  Vancouver Sun
Commission considers new tolls at Metro Vancouver's congestion points  News1130
Flair Airlines appoints Jim Scott as CEO, targeting 1m pax under premium ULCC ...
Flair Airlines appointed (16-Jan-2018) Jim Scott as CEO and Jerry Presley as its new executive board chairman, representing the majority stakeholder investment group.
Flair Airlines' new CEO targets 1M passengers, but WestJet's Swoop ...  Financial Post
Canopy Growth to supply cannabis to Prince Edward Island
(Reuters) - Canopy Growth Corp WEED.TO said on Tuesday it signed an agreement to supply cannabis to the Canadian province of Prince Edward Island, making it the eighth province where the company will operate.
UPDATE: PEI pot plans - marijuana will be sold in Charlottetown, Summerside ...  The Guardian
Minister adamant carbon plan satisfies federal rules — despite deviations
The New Brunswick government is sticking to its story that its climate plan complies with federal requirements - even as Ottawa drops hints that failure to do so could cost the province a lot of money.
Federal carbon tax could bring rebates to Sask., but at a price  Globalnews.ca
Ottawa's carbon-pricing policy moves in the right direction – but modestly  Toronto Star
BitConnect, Anonymously-Run Crypto Exchange, Crashes After States Issue Cease ...
BitConnect, an anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist orders from authorities in Texas and North Carolina ...
Controversial digital coin exchange Bitconnect has imploded in the crypto ...  Business Insider Australia
Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%  Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)