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Canadian markets news

Growing rail transport expected to bolster oil prices for Canadian producers
CALGARY - Steep discounts in prices for western Canadian heavy oil are moderating and should gradually ease through 2018 to allow Canadian producers to reap bigger rewards from strengthening world oil prices, according to GMP FirstEnergy.
Canadian natural gas industry a 'sad story': analyst  CBC.ca
South Koreans petition government to stop cryptocurrency crackdown
A threat from the South Korean government that it will ban virtual coin exchanges has prompted thousands of citizens to sign a petition.
Bitcoin, rival cryptocurrencies plunge on crackdown fears  The Globe and Mail
Bitcoin prices drop as South Korea minister indicates ban still possible  CBC.ca
Carillion's Canadian operations 'continue uninterrupted' amid British parent's ...
A general view of the Carillion company headquarters building in Wolverhampton, England on Monday, Jan. 15, 2018. Aaron Chown/PA via AP.
Carillion Canada says it's soldiering on despite UK parent's ...  CBC.ca
Carillion's collapse shows limits of our drive to outsource  Toronto Star
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 on plane in flight: Thunder Bay, Ont., police  TheChronicleHerald.ca
Unruly passenger charged after Air Canada flight diverted to Thunder Bay  Tbnewswatch.com
Australia complains to WTO about Canadian rules on selling wine
Canada is reported to be Australia's fourth largest wine export market, with a value of about $197 million Cdn, putting it behind China, the United States and Britain.
Canadian policies favouring domestic wine break trade rules, Australia ...  Globalnews.ca
Australia files WTO complaint against Canadian wine sales measures  CTV News
Big Six have now all raised mortgage rates as Bank of Canada decision looms
The country's six biggest lenders set aside $16.3 billion for variable compensation - up 26 per cent from 2016 - as a record year in trading and investment banking swelled bonus pools.
US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark  Toronto Star
The 3 Best Dividend Stocks to Buy When Interest Rates Rise in Canada  The Motley Fool Canada
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
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
MPI 'confident' it can find way for Uber, Lyft to come to Manitoba
In this Monday, Sept. 12, 2016, file photo, a self-driving Uber sits ready to take journalists for a ride during a media preview in Pittsburgh.
Potential Uber driver peeved MPI move could block service in Winnipeg  CBC.ca
Provincial board approves new ride-hailing insurance rates  Canadian Underwriter
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