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Canadian markets news

Bank of Canada expected to hike key interest rate to highest level since 2009
The Bank of Canada is widely expected to hike its benchmark interest rate for the third time in a year this morning. After staying on the sidelines for the better part of a decade following the financial crisis, Canada's central bank raised its key ...
Bank of Canada hikes rates again, but warns of NAFTA fallout  The Globe and Mail
Bank of Canada raises rate to 1.25%, but cautions on NAFTA  Financial Post
Macleans.ca  
Bitcoin slumps below $10K US, then rebounds even as regulatory fears intensify
The price of bitcoin dipped below $10,000 US before rebounding in volatile trading on Wednesday. (Benoit Tessier/Reuters). Bitcoin skidded below $10,000 US on Wednesday, halving in value from its peak price, before steadying, with investors gripped by ...
Bitcoin's 'happy dream' looking more like a nightmare after 50 ...  Financial Post
Bitcoin slumps below US$10000 as traders fear crackdown  BNN
Independent businesses, lobby groups express concern over Quebec's minimum ...
In this 2017 file photo, Quebec Labour Minister Dominique Vien flanked by Quebec Finance Minister Carlos Leitao, left, and Quebec Employment and Social Solidarity Minister Francois Blais announces an increase in the minimum wage, at the legislature in ...
Quebec's minimum wage to increase to $12 in May  CBC.ca
60% those who will benefit from higher minimum wage will be women, Quebec says  Montreal Gazette
Shareholder votes on CanniMed merger could decide fate of hostile bid by Aurora
The fate of the first major hostile takeover attempt in Canada's burgeoning cannabis sector could be decided over the next week when shareholders at a pair of companies vote on a merger of their own.
Newstrike shareholders vote in favour of CanniMed takeover  The Globe and Mail
Are Crashing Bitcoin Prices a Foreshadowing for What's to Come for Pot ...  Baystreet.ca
Canada creates watchdog to oversee companies' conduct abroad
Jan 17 (Reuters) - Canada said on Wednesday it is creating an independent watchdog to monitor and investigate human rights abuses by its companies operating abroad, describing it as the first initiative of its kind in the world.
Feds create new ombudsperson to keep tabs on corporate behaviour abroad  CTV News
TSX flat as gold miners weigh, financials rise
Canada's main stock index was little changed in morning trade on Wednesday, with gains for financial stocks offset by losses among gold miners.
North American stocks up, loonie down following Bank of Canada rate hike  Financial Post
TSX flat as gold miners weigh  Reuters Canada
Bitcoin selloff deepens, digital currency now down 50% from recent peak
Bitcoin's selloff, sparked by fears of a regulatory crackdown, deepened Wednesday with the price of a single coin dropping below $10,000 for the first time since November and its total loss spiraling to 50% since its mid-December peak.
Did the bitcoin bubble just burst?  The Globe and Mail
Bitcoin and Cryptocurrencies Are Just the Beanie Babies of the Moment  GuruFocus.com
Contractor vows Saskatchewan hospital will rise despite big-picture money woes
NORTH BATTLEFORD, Sask. - The Canadian wing of Carillion PLC says the financial collapse of the British construction giant will not affect the work or any jobs at a new mental health facility being built in Saskatchewan.
North Battleford hospital P3 agreement will not be affected despite ...  CBC.ca
OPSEU demands government bring Carillion services back under public management  National Union of Public and General Employees
Goldman's Bright Spots Keep Its $5 Billion Goal Within Reach: Gadfly
Some bankers at Goldman Sachs Group Inc. must be feeling the winter chill more than others. The Lloyd Blankfein-led bank delivered fourth-quarter results on Wednesday that showed it hasn't been able to stop the bleeding within its fixed income ...
Goldman Sachs is the worst-performing major bank, thanks to its traders  Quartz
Goldman Sachs posts first quarterly loss in 6 years on tax hit  Irish Times
Most outrageous ways passengers have tried to avoid paying airport excess ...
A man who claims he was denied boarding onto a British Airways flight for wearing too many extra layers of clothes is the latest in a long line of passengers who have tried to get around paying excess baggage fees at airports.
Passenger turned away from two flights after wearing 10 layers of clothing ...  Telegraph.co.uk
How To Avoid Paying Extra For Luggage On Flights, Without Wearing 10 Layers ...  HuffPost UK