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Canadian markets news

CIBC raises dividend following better-than-expected first quarter
TORONTO -- CIBC raised its dividend Thursday as it reported better-than-expected results for its first quarter helped by strong results at home and south of the border.
CIBC kicks off bank results with dividend hike, beats expectations  The Globe and Mail
CIBC kicks off earnings with dividend hike and a beat  Financial Post
Castanet.net  
Canadians split 50/50 over pipeline debate: poll
There's no shortage of opinions on whether the Trans Mountain pipeline expansion project should go ahead and the role provincial governments should play.
Varcoe: Poll finds Alberta-BC pipeline fight evenly splitting Canadians  Calgary Herald
Canadians evenly split over Alberta-BC bitumen battle  Vancouver Sun
December retail sales slide, ending three-month run of increases
Canadian retail sales fell in December, ending a run of three straight months of increases, Statistics Canada reported Thursday. For the month, sales were down by 0.8 per cent to $49.6 billion.
Statistics Canada says retail sales fell 0.8 per cent in December  Financial Post
Canadian Retail Sales Fall by 0.80% in December  Investing.com
Greyhound ending run to Nanaimo, Wilson line wants route
Greyhound Canada will be eliminating service on a number of routes around B.C., including Victoria to Nanaimo, but a local company could be stepping up to take over.
Greyhound is leaving northern British Columbia: Here's what you need to know  CBC.ca
Greyhound's decision to cut, reduce routes in BC 'unfortunate,' ...  CTV News
Ford's head of North American operations ousted for 'inappropriate behavior'
An internal probe found that Raj Nair, president of Ford's North America operations, engaged in behavior "inconsistent with the company's code of conduct.
Ford US chief leaves company after investigation into inappropriate behaviour  The Globe and Mail
Ford Motor Co. executive leaves firm after reports of 'inappropriate ...  Toronto Star
BC government targets a drop in home prices as part of housing changes
The goal of B.C.'s new housing measures is to lower the cost of housing, Finance Minister Carole James said Wednesday. Speaking a day after the provincial budget, James said the reason the province is bringing in a new speculation tax, increasing the ...
New BC housing measures are 'bold steps,' minister says  The Globe and Mail
Mixed messages on BC's efforts to cool the hot housing market  News1130
SNC-Lavalin tops profit estimates, forecasts strong 2018 earnings
Canadian construction and engineering group SNC-Lavalin on Thursday reported better-than-expected earnings for the final quarter of 2017, benefiting from its purchase of Britain's WS Atkins and helping it give a strong forecast for 2018.
SNC-Lavalin reports $52.4M Q4 profit, revenue up more than 30 per cent  CTV News
SNC - Lavalin Group Earnings Rise In Q4  Nasdaq
Magna boosts dividend as European demand drives profit
Canadian auto parts maker Magna International Inc on Thursday reported a better-than-expected fourth-quarter profit, driven by higher sales in Europe and the launch of new cars for BMW and Jaguar.
Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash ...  Digital Journal
Magna posts higher income and record sales in fourth quarter  Financial Post
Futures higher as investors await economic data
(Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday as investors awaited a report on the country's retail sales data due later in the day.
Morning Market Breakdown, February 21: TSX Opens Higher  Investing News Network
CN Rail struggling to catch up to demand surge
Canadian National Railway Co. (CNR.TO), the longtime paragon of efficiency for North American railroads, is losing some of its luster as it struggles to catch up with a surprise surge in demand.
Canadian National Railway (CNI) Down 3% Since Earnings Report: Can It Rebound?  Zacks.com
Canadian Pacific Railway (CP) Upgraded at Goldman Sachs Group  Dispatch Tribunal