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Canadian markets news

Canadian home prices rise in 2017 as BC boom offsets weaker Ontario sales
A for-sale sign is pictured in front of a home in Vancouver on Sept. 22, 2016. Ben Nelms/REUTERS. Janet McFarland. REAL ESTATE REPORTER.
Canada's real-estate market slowdown could be exacerbated by interest ...  Toronto Star
Price of average Canadian home rose to $496500 in December, up 5.7% in 2017  CBC.ca
National Post  
MPI insurance plan to cover ridesharing companies approved
Manitoba's Public Utilities Board has approved a new insurance plan that would cover drivers for ride-hailing companies like Uber and Lyft, MPI says.
PUB approves MPI rates panned by Uber and Lyft  CTV News
Ottawa could offer carbon rebates directly to residents in holdout provinces
The federal government is giving itself the legal wiggle room to give carbon tax rebate cheques directly to people in those provinces that refuse to impose a carbon tax of their own.
Proposed carbon pricing plan 'not a cash grab': McKenna  CTV News
Federal carbon tax revenue could bypass provinces and go directly to ...  National Post
US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark
BMO, Bank of Nova Scotia, CIBC, National Bank of Canada, Royal Bank of Canada and TD have allegedly manipulated the Canadian dealer offered rate from at least Aug. 9, 2007, to June 30, 2014, the lawsuit claims.
From mortgages to NAFTA, the Bank of Canada shows it has real political ...  CBC.ca
Pension Sues Canadian Banks Over Key Rate -- WSJ  Fox Business
Front-loader driver destroys home
In the 50 years he has lived on Seaview Drive in North Sydney, Gary Standing has never seen anything as “crazy” as watching a person drive a front-loader into a home.
Driver of front-end loader allegedly damages home and liquor store in Cape ...  Globalnews.ca
Front-end loader smashes into North Sydney home, later found at liquor store  Luxora Leader
Merriam: Brace for consequences from Wynne's wage hike
The Wynne government's 21 per cent hike in the minimum wage Jan. 1 is good politics and poor policy. On the politics side, the government now is aligned against certain Tim Hortons franchise owners and with labour and the usual crowd of shrill voices ...
Employee rights hotline open for Sudbury workers  CBC.ca
Alberta, Seattle offer lessons for Ontario on 'Fight for $15' min ...  Toronto Star
Linamar investment seen as 'vote of confidence' amid NAFTA uncertainty
A major, government-backed investment in Ontario by Linamar Corp. is a “vote of confidence” in Canada's position in the ongoing North American Free Trade Agreement negotiations, according to the president of the Automotive Parts Manufacturers ...
Federal government, Ontario invest $100M to support car parts maker Linamar  CBC.ca
Linamar to launch $750-million expansion with help from Ottawa, Ontario  Toronto Star
Blackberry's John Chen marks Detroit auto show debut with launch of ...
BlackBerry Ltd. CEO John Chen used his first appearance at the Detroit auto show on Monday to continue his push into the automotive market with the launch of a cybersecurity product that manages software systems in vehicles - a product he hopes will ...
BlackBerry launches cybersecurity product for driverless cars called Jarvis  CNBC
Blackberry announces new cyber-security software at Detroit Auto Show  Windsor Star
China's Shutdown Of Bitcoin Miners Isn't Just About Electricity
Sara Hsu , Contributor I write about the Chinese economy and financial sector. Opinions expressed by Forbes Contributors are their own.
Chinese central bank official reportedly says virtual currency trade needs ...  CNBC
Report: China Plans To Root Out Crypto Platforms Offering 'Exchange-Like ...  Gizmodo Australia
It was debt that sank Carillion
Workers at Carillion stand in an office after the company went into liquidation, in Wolverhampton, Britain, Jan. 15, 2018. DARREN STAPLES/REUTERS.
Opening Quote: Carillion – counting the cost, and the jobs  Financial Times
The collapse of Carillion puts thousands of Canadian jobs at risk  CTV News