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Canadian markets news

Loblaw looks to lure consumers with fee-based loyalty program
The Loblaws store located at Church St. and Carlton St. in Toronto, is photographed on Nov 15 2017. Fred Lum/The Globe and Mail. Marina Strauss.
Loblaws pitches upgraded loyalty program for $9.99 a month for premium perks  CBC.ca
Loblaw pilots new subscription program that offers more value and ...  Stockhouse
Route for Keystone XL approved, clearing way for Alberta oil
Opponents of the Keystone XL pipeline demonstrate on the Dodge Street pedestrian bridge during rush hour in Omaha, Neb., on Nov. 1, 2017.
Trans Mountain pipeline vital, Notley says as Nebraska clears final hurdle ...  CBC.ca
Nebraska Approves Alternative Keystone XL Pipeline Route  TIME
Consolidation fever intensifies in Canada's cannabis sector
Duelling takeover bids involving a trio of Canadian cannabis companies are the latest sign domestic producers are racing to bulk up before the country's planned legalization of marijuana by next July.
Aurora Cannabis goes hostile in bid for CanniMed  The Globe and Mail
87% of Canadian pot producers say industry consolidation is inevitable: survey  CTV News
Bell Media confirms it is laying off local radio and TV employees
CALGARY - Bell Media is laying off employees, including prominent on-air personalities, at radio and TV stations across Canada. However, the company won't say how many, who or where.
Bell Media Quietly Cuts Nearly 50 TV Jobs, Unions Says CRTC Also to Blame  iPhone in Canada (press release) (blog)
Bell Media confirms CTV local news job cuts while 'phasing out' ...  Canoe
Transit fares are changing and TransLink wants you to decide how
You could pay for transit by the distance you travel instead of by zone under new changes TransLink is proposing to the public. TransLink is asking riders to weigh in on two options, one where rapid transit (including SeaBus) and buses are both ...
How should distance-based fare pricing work? TransLink wants your opinion  CBC.ca
TransLink seeks public feedback on distance-based fare options  CTV News
Yellen to step down from Federal Reserve board
Janet Yellen on Monday submitted her resignation from the Federal Reserve board to President Donald Trump, announcing that she will leave the board when her successor is sworn in as Fed chairman.
Yellen Will Leave Federal Reserve Next Year  New York Times
Janet Yellen to leave Fed board once Jerome Powell sworn in as chief  The Globe and Mail
Auto shops deny overbilling a factor in ICBC's financial trouble
Allegations that some auto shops are overbilling ICBC and contributing to the insurer's troubled financial situation are untrue, according to the Automotive Retailers Association.
Local body shop operator disputes claims of ICBC being over-billed for repairs  News1130
BC's Automotive Retailers Association says body shops not over-charging ICBC  Globalnews.ca
Waze, city team up to tackle commute times
The City of Toronto is partnering with popular navigation app Waze to share real-time data to help drivers get around the city, Mayor John Tory announced Monday.
Toronto to share traffic data with trendy navigation app Waze  Globalnews.ca
City of Toronto begins sharing data with popular traffic app Waze  CP24 Toronto's Breaking News
US files lawsuit aiming to block AT&T from buying Time Warner
The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4-billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.
AT&T shapes up for Time Warner court battle  The Australian Financial Review
US moves to block AT&T's takeover of Time Warner  BBC News
Tesla's breakneck expansion speed could be a car crash
Tesla chief executive Elon Musk surprised fans and investors last week with the unveiling of a $200,000 Roadster that he claimed could go from zero to 60 miles per hour in 1.9 seconds.
Payne: It's a bird, it's a plane, it's Tesla Roadster  The Detroit News
Missing info for Tesla Semi boosts truck company stocks  New York Post