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Canadian markets news

Non-residential construction spending in Alberta plunges to lowest level since ...
Non-residential construction spending in Alberta at the end of last year dropped to the lowest level since the third quarter of 2013, according to Statistics Canada.
Growing rail transport expected to bolster oil prices for Canadian producers  Financial Post
Five reasons why oil has rallied and may be on its way to $80: GMP ...  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
Air Canada flight diverted to Thunder Bay, Ont., so police can remove 'unruly ...
Police say a 31-year-old man from Ottawa has been charged with assault in an aircraft in flight after an Air Canada flight from Edmonton to Toronto was diverted to Thunder Bay on Friday, Jan. 12.
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
TTC subway resumed between Union, Spadina stations after fire on Line 1
TTC spokesperson Stuart Green said there was a fire in a cable chamber around noon that housed “the access point for the cables that power our signalling system.
Portion of TTC Line 1 shut down following earlier cable fire  CTV News
Stretch of Line 1 subway reopens after being closed for fire  CP24 Toronto's Breaking News
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  PLANT
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