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Canadian markets news

Bank of Canada raises key interest rate to 1.25% despite NAFTA worries
The Bank of Canada raised its key lending rate by a quarter percentage point to 1.25 per cent Wednesday, the third time it has moved its benchmark rate from once-record lows last summer.
Bank of Canada hikes rates again, but warns of NAFTA fallout  The Globe and Mail
Bank of Canada raises rate to 1.25%, but cautions on NAFTA  Financial Post
Macleans.ca  
Quebec's minimum wage to increase to $12 in May
The minimum wage will increase by 75 cents on May 1, bringing it to $12 per hour. It is the largest wage increase in the province's history.
Independent businesses, lobby groups express concern over Quebec's ...  Globalnews.ca
60% those who will benefit from higher minimum wage will be women, Quebec says  Montreal Gazette
Bitcoin's 'happy dream' looking more like a nightmare after 50% fall from peak
Bitcoin's tumble this week must have crypto-skeptics rubbing their hands in “I told you so” glee. That might be premature, even though the recent correction is dramatic enough to make it understandable.
Bitcoin slumps below $10K US, then rebounds even as regulatory fears intensify  CBC.ca
Bitcoin slumps below US$10000 as traders fear crackdown  BNN
Shareholder votes on CanniMed merger could decide fate of hostile bid by Aurora
The fate of the first major hostile takeover attempt in Canada's burgeoning cannabis sector could be decided over the next week when shareholders at a pair of companies vote on a merger of their own.
Newstrike shareholders vote in favour of CanniMed takeover  The Globe and Mail
Which Is More Likely to Recover: Pot Stocks or Bitcoin?  The Motley Fool Canada
Details of toll removal on Nova Scotia highway still being considered:officials
HALIFAX - Nova Scotia transportation officials say the province's toll highway has collected $308 million in tolls since it first opened in 1997.
Tolls may come off Cobequid Pass next year, but not for everyone  CBC.ca
TSX flat as gold miners weigh, financials rise
Canada's main stock index was little changed in morning trade on Wednesday, with gains for financial stocks offset by losses among gold miners.
North American stocks up, loonie down following Bank of Canada rate hike  Financial Post
TSX flat as gold miners weigh  Reuters Canada
$611 million in Sears Canada dividend payments under review by court monitor
TORONTO - The court appointed monitor for Sears Canada's insolvency says it is reviewing millions of dollars the company paid in dividends while its pension fund fell short.
Court monitor to review Sears Canada payout of dividends while company was ...  OurWindsor.ca
Bitcoin selloff deepens, digital currency now down 50% from recent peak
Bitcoin's selloff, sparked by fears of a regulatory crackdown, deepened Wednesday with the price of a single coin dropping below $10,000 for the first time since November and its total loss spiraling to 50% since its mid-December peak.
Did the bitcoin bubble just burst?  The Globe and Mail
Bitcoin and Cryptocurrencies Are Just the Beanie Babies of the Moment  GuruFocus.com
Contractor vows Saskatchewan hospital will rise despite big-picture money woes
NORTH BATTLEFORD, Sask. - The Canadian wing of Carillion PLC says the financial collapse of the British construction giant will not affect the work or any jobs at a new mental health facility being built in Saskatchewan.
North Battleford hospital P3 agreement will not be affected despite ...  CBC.ca
OPSEU demands government bring Carillion services back under public management  National Union of Public and General Employees
Goldman's Bright Spots Keep Its $5 Billion Goal Within Reach: Gadfly
Some bankers at Goldman Sachs Group Inc. must be feeling the winter chill more than others. The Lloyd Blankfein-led bank delivered fourth-quarter results on Wednesday that showed it hasn't been able to stop the bleeding within its fixed income ...
Goldman Sachs is the worst-performing major bank, thanks to its traders  Quartz
Goldman Sachs posts first quarterly loss in 6 years on tax hit  Irish Times