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Canadian markets news

Calgary can 'hold its head up' despite not making Amazon HQ2 short list, pitch ...
Calgary's failure to make Amazon's short list of locations for its second headquarters is a disappointment but also a learning experience, says the woman who spearheaded the city's pitch to the U.S.
Halifax doesn't make the cut for Amazon HQ2, hopes for 'longer-term ...  CTV News
Toronto the only Canadian city on Amazon's short list of HQ2 candidates  Financial Post
TheChronicleHerald.ca  
CanniMed postpones shareholder meeting to hold talks with Aurora Cannabis
Aurora Cannabis has made an all-stock offer for CanniMed Therapeutics worth up to $24 per share. However, the offer requires CanniMed to drop its plans to acquire Newstrike.
CanniMed postpones shareholder vote, will hold talks with suitor Aurora Cannabis  Financial Post
Thursday's small-cap stocks to watch  The Globe and Mail
BMO marks first foray by a major Canadian bank in marijuana sector with $175M deal
Bank of Montreal broke new ground Wednesday for the “Big Five” Canadian lenders with its participation in a major marijuana deal.
BMO pot financing marks policy shift for Canadian banks  CBC.ca
Banks warming up to weed? BMO agrees to finance Canopy Growth Corporation  Straight.com
Tim Hortons protests to expand beyond Ontario, 50 rallies planned across Canada
TORONTO -- Protesters angered by some Ontario Tim Hortons franchisees who slashed workers' benefits and breaks after the province raised its minimum wage plan to spread their rallies to other areas of the country.
Some Tim Hortons raise breakfast prices  yorkregion.com
Tim Hortons' response to minimum wage hikes sparks series of protests  Toronto Observer
Premier Kathleen Wynne names Ed Clark new LCBO chair
Ed Clark, the former TD Bank chair who serves as Wynne's unpaid business advisor, will serve as chair of the Liquor Control Board of Ontario in a $1-a-year appointment.
Ed Clark to be named new LCBO chair ahead of marijuana sales launch  CBC.ca
Thomas: 'Privatization pusher' Ed Clark can't be trusted with ...  Canada NewsWire (press release)
Winnipeg-based call centre opening new location in old Polo Park Target location
A third business has announced it will open in the former Target location near Polo Park Shopping Centre. The Winnipeg-based call centre 24-7 Intouch will open its fourth location in the city in the now-vacant 140,000-square-foot building on St. James ...
Vacant Target building at Polo Park gets new tenant  Globalnews.ca
Customer service call centre to open in Target building at Polo Park  CTV News
Developer proceeding with long-delayed Keystone XL pipeline
LINCOLN, Neb. - The developer of the Keystone XL pipeline announced Thursday that it hopes to begin construction next year on an alternative route approved by Nebraska authorities, despite a lawsuit challenging the project.
Alberta government guarantees 20 years of oil for Keystone XL pipeline  Calgary Herald
Keystone XL pipeline clears hurdle after TransCanada Corp. secures ...  Toronto Star
What to do about your debt and mortgage after the interest rate hike
TORONTO - Many consumers will soon find their debt loads heavier now that Canada's central bank and the country's biggest commercial lenders have raised their benchmark rates by one-quarter percentage point.
BUSINESS REPORT – Bank of Canada rate hike sinks in twenty-four hours later  Globalnews.ca
2 Stocks to Own as Interest Rates Continue to Rise  The Motley Fool Canada
Husky shares down after SeaRose vessel suspended due to iceberg incident
The Husky Energy logo is shown at the company's annual meeting in Calgary, Alta., Friday, May 5, 2017. Jeff McIntosh/THE CANADIAN PRESS.
Suspension of Husky's offshore platform sends right message  Canada NewsWire (press release)
UPDATE SeaRose: Suspensions of This Type Rare, says C-NLOPB Chair  VOCM
Ottawa to promise $700 million to Business Development Bank of Canada to spur ...
Innovation Minister Navdeep Bains is expected to announce a $700-million effort to grow Canada's clean-technology industry. (Sean Kilpatrick / THE CANADIAN PRESS file photo).
Government of Canada investing in clean technology  Canada NewsWire (press release)
'Bullshit': Canadian minister blasts lack of diversity in corporate ...  The Guardian