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Canadian markets news

Big banks move to match Bank of Canada's rate hike
Canada's biggest lenders have raised their prime lending rates on the same day the country's central bank moved its benchmark interest rate a quarter percentage point higher.
The close: Dow surges to end above 26000 for first time; TSX rises  The Globe and Mail
Poloz: Debt levels make Canada far more sensitive to rate hikes  BNN
The Motley Fool Canada  
'No one was living in the store': Lethbridge Burger King denies findings of ...
A Lethbridge Burger King is "categorically denying" anyone ever slept or lived at the restaurant after Alberta Health Services found evidence, during an inspection earlier this month that foreign workers were living or sleeping on the premises.
Health inspectors find sleeping quarters for foreign workers in Lethbridge ...  Calgary Herald
Inspectors found foreign workers sleeping in a Burger King basement: Alberta ...  Toronto Star
Lakeside Plastics gets $1M grant
A $1.1 million federal grant to Tecumseh automotive trim manufacturer Lakeside Plastics is being questioned by many of the company's laid-off employees.
Minister uses profanity as he criticizes companies' excuses not to hire ...  CBC.ca
Federal minister Navdeep Bains leads Q and A session  The Manitoban
Apple banks on tax break to build 2nd campus, hire 20000
FILE - In this Friday, Oct. 20, 2017, file photo, people stand in line near an Apple Store at an outdoor shopping mall in Beijing, China.
Apple to pay $38-billion in US taxes on foreign cash, open second campus  The Globe and Mail
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US  New York Times
SeaRose shut down after Husky reprimanded for iceberg close call
The board that regulates activity in the oilfields off Newfoundland and Labrador has suspended operations for Husky Energy's SeaRose FPSO because of how it handled an incident with a too-close iceberg last March.
Husky offshore oil vessel SeaRose suspended after iceberg close call  The Globe and Mail
Husky Energy moving to suspend operations on SeaRose in NL offshore  The Telegram
Bitcoin's nouveau riche run to gold as cryptocurrency crashes
LONDON (BLOOMBERG) - Amid the wild Bitcoin ride that's wiped more than 40 per cent off the cryptocurrency's price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.
Bitcoin's Plunge Turns the Winklevoss Twins Into Ex-Billionaires  Bloomberg
The Winklevoss twins have seen about $600 million wiped off their bitcoin ...  Business Insider
Kinder Morgan says Trans Mountain project could be a year behind schedule
CALGARY - Kinder Morgan Canada's controversial Trans Mountain pipeline expansion has encountered further delays, the company said Wednesday, citing ongoing permitting issues.
Stalled permits may delay Trans Mountain project by a year, says Kinder Morgan  Calgary Herald
Kinder Morgan says Trans Mountain could be a year behind schedule  The Globe and Mail
Unifor breaks with Canadian Labour Congress
The largest private sector union in Canada said Wednesday it is splitting with the Canadian Labour Congress over issues which include disagreements about the rights of workers to choose what union should represent them.
Statement from CUPE National President Mark Hancock and National Secretary ...  Canada NewsWire (press release)
Newstrike shareholders vote in favour of CanniMed takeover
Brent Zettl, founder of CanniMed, holds a marijuana plant in one of their research labs in Saskatoon, Sask. Matt Smith/The Globe and Mail.
Newstrike shareholders overwhelmingly support CanniMed takeover deal  Financial Post
Newstrike Announces Shareholder Approval of Plan of Arrangement with CanniMed  Stockhouse
Two Maritime provinces announce deals for marijuana regulations and supply
Two of Canada's maritime provinces have made announcements pertaining to their plans for the supply, sale, and distribution of legal, adult-use cannabis.
Canopy Growth Corp. Signs Up Another Province  Yahoo News Canada (blog)
Canopy Growth enters multifaceted MOU with Prince Edward Island  Canada NewsWire (press release)