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Canadian markets news

Bank of Canada hikes key interest rate to 1.25%
The Bank of Canada raised its key lending rate by a quarter percentage point to 1.25 per cent Wednesday, the third time it has moved its benchmark rate from once-record lows last summer.
Bank of Canada hikes interest rate to 1.25 per cent, citing strong economic data  Toronto Star
Bank of Canada hikes rates again, but warns of NAFTA fallout  The Globe and Mail
Financial Post  
Bitcoin slumps below $10K US, half its peak, as regulatory fears intensify
A collection of Bitcoin tokens are displayed in this picture illustration from Dec. 2017. The price of bitcoin tumbled Wednesday. (Benoit Tessier/Reuters).
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
Details of toll removal on Nova Scotia highway still being considered:officials
HALIFAX - Nova Scotia transportation officials say the province's toll highway has collected $308 million in tolls since it first opened in 1997.
Tolls may come off Cobequid Pass next year, but not for everyone  CBC.ca
North American stocks up, loonie down following Bank of Canada rate hike
TORONTO - Canada's main stock index moved higher in late-morning trading helped by gains in the energy and financial sectors. The move came as the Canadian dollar was trading at 80.26 cents US, down from an average price of 80.52 cents US on Tuesday ...
TSX flat as gold miners weigh, financials rise  BNN
TSX flat as gold miners weigh  Reuters Canada
Mixed performance in quarter but Goldman Sachs still reports a loss
Goldman Sachs reported a rare quarterly loss on Wednesday due to a one-time charge associated with US tax reform. Performance across operating division was mixed, although the bank's profits topped analysts' expectations when the effect of the one-time ...
Goldman Sachs Once Looked Invincible. Now It's Losing Money.  New York Times
Goldman Sachs posts first quarterly loss in 6 years on tax hit  Irish Times
Did Bitcoin Just Burst? How It Compares to History's Big Bubbles
Bitcoin's recent wobbles have given fresh urgency to a question that's gripped market observers for much of the past year: Will the cryptocurrency go down as one of history's most infamous bubbles, alongside tulipmania and the dot-com craze?
How Does Bitcoin Compare To Economic 'Bubbles' – An Analysis  CryptoCrimson
Goldcorp (GG) Announces Preliminary Q4 and FY17 Numbers
The company produced 646,000 and 2,569,000 ounces of gold during fourth quarter and full year 2017, respectively. The annual figure exceeded the midpoint of its gold production guidance of 2,500,000 ounces.
Goldcorp Jumps 7.3%  GuruFocus.com
Wednesday's analyst upgrades and downgrades  The Globe and Mail
Walmart in US offers way to turn leftover opioids into useless gel
Walmart is helping its U.S. customers get rid of leftover opioids by giving them packets that turn the addictive painkillers into a useless gel.
Walmart takes on opioid crisis, offering free solution to safely dispose of ...  USA TODAY
Walmart offers free opioid disposal product in effort to fight painkiller ...  CNBC
Australia files WTO complaint over Canada wine sales
Australia has filed a trade complaint that accuses Canada of placing "discriminatory" rules on the sales of imported wine.
Winemakers raise glass to Canada complaint  SBS
Australia complains to WTO about Canadian rules on selling wine  CBC.ca