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Canadian markets news

Canadian heavy oil headed for highest levels in three years: GMP FirstEnergy
CALGARY - Canadian heavy oil prices could be headed to their highest levels in three years, even as pipeline operators are rationing space on their networks and more product is moving to the U.S.
Canadian natural gas industry a 'sad story': analyst  CBC.ca
Growing rail transport expected to bolster oil prices for Canadian producers  TheChronicleHerald.ca
JWN  
Bitcoin plunges 21% as fears of cryptocurrency crackdown mount
January's cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 21 per cent, as the prospect of regulatory crackdowns appeared to spread.
South Koreans petition government to stop cryptocurrency crackdown  Globalnews.ca
Bitcoin, rival cryptocurrencies plunge on crackdown fears  The Globe and Mail
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
Man barred from two flights for wearing all of his clothes as he couldn' ...  JOE
Air Canada flight diverted to Thunder Bay, Ont., so police can remove 'unruly ...
A traveller onboard an Air Canada flight from Edmonton to Toronto says he was surprised to see police officers remove a passenger from the plane after it was diverted to Thunder Bay, Ont.
Ottawa man charged with assault after Air Canada flight diverted: police  The Globe and Mail
Unruly passenger charged after Air Canada flight diverted to Thunder Bay  Tbnewswatch.com
Canadian dollar flat vs. greenback, all eyes on BoC rate decision
The Canadian dollar was little changed against its U.S. counterpart on Tuesday as investors braced for an expected interest rate hike from the Bank of Canada on Wednesday.
Big Six have now all raised mortgage rates as Bank of Canada decision looms  Financial Post
US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark  Toronto Star
PEI government announces retail model and rules for recreational cannabis
CHARLOTTETOWN - The government of Prince Edward Island says it will operate four government-owned retail locations for recreational cannabis and allow online orders for home delivery.
Canopy Growth enters multifaceted MOU with Prince Edward Island  Canada NewsWire (press release)
Adults will be able to carry 30 grams of pot in public, province says  CBC.ca
Potential Uber driver peeved MPI move could block service in Winnipeg
A Winnipegger who hoped to use and drive for Uber in Winnipeg is up in arms over a Manitoba Public Insurance plan that could block the ride-hailing app's arrival in the province.
MPI 'confident' it can find way for Uber, Lyft to come to Manitoba  Globalnews.ca
Uber, Lyft, not happy with approval of drivers' insurance rate plan in ...  CanadianBusiness.com
Federal beer tax will sting local brewers, consumers
The federal government's planned beer tax increases will take an even bigger sip out of the profits of Canadian brewers - and that means beer drinkers will likely be paying more for their suds this spring.
Beer Canada calls on feds to axe increasing beer tax  CTV News
Tax Fight To Reduce Beer Prices  Windsor Square
Council tells TransLink commission to make sure road pricing is fair
The final report about road tolling in Metro Vancouver rolls out in spring, but if it doesn't work for Maple Ridge, the whole region will hear about it, says Mayor Nicole Read.
Drivers should pay more to drive more, report tells TransLink  CBC.ca
Metro Vancouver drivers could see new tolls, per-kilometre fees  Globalnews.ca
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.
Ottawa Pushes Ahead With Carbon Price Despite Opposition From Provinces  Baystreet.ca
Ottawa's new carbon pricing plan will reward clear firms  Kaplan Herald