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Canadian markets news

Home sales and average prices rose in December ahead of stricter mortgage tests
TORONTO - National home sales rose 4.5 per cent in December from the month before as buyers scrambled to nab homes ahead of stricter mortgage regulations coming into effect, the Canadian Real Estate Association said Monday.
Canadian home prices rise in 2017 as BC boom offsets weaker Ontario sales  The Globe and Mail
Canada's real-estate market slowdown could be exacerbated by interest ...  Toronto Star
CBC.ca  
The year so far in interest rates: Savers 1, Borrowers 0
This year is already shaping up as the most eventful in a decade for interest-rate watchers. The country is zeroing-in on Wednesday's Bank of Canada announcement as an indicator of what's ahead for rates.
US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark  Toronto Star
From mortgages to NAFTA, the Bank of Canada shows it has real political ...  CBC.ca
Ottawa's new carbon pricing plan will reward clean companies
In Oct. 2016, Prime Minister Justin Trudeau took provinces by surprise when he announced they have until 2018 to adopt a carbon pricing scheme.
Proposed carbon pricing plan 'not a cash grab': McKenna  CTV News
Federal carbon tax revenue could bypass provinces and go directly to ...  National Post
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
Minimum wage, unionization or efficiency? Freedom Mobile closes Windsor, Ont ...
A man enters the store at the new rebranding sign of Freedom Mobile in Toronto on Thursday, November 24, 2016. Nathan Denette / THE CANADIAN PRESS.
Freedom Mobile to Relocate Windsor Call Centre to Victoria Despite Union Protest  iPhone in Canada (press release) (blog)
Ladysmith marijuana producer bought by Aphria in $230M deal
Ontario licensed marijuana producer Aphria has reached an agreement to acquire Ladysmith-based Broken Coast Cannabis in a deal worth $230-million.
Aphria buying Broken Coast Cannabis for $230 million in stock and cash  TheRecord.com
Aphria buys Broken Coast Cannabis for $230-million in cash, stock  The Globe and Mail
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
We're seeing cuts: Cornwall and District Labour Council  Standard Freeholder
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 ...
Guelph's Linamar granted up to $100M from government to help create 1500 ...  CBC.ca
Linamar to launch $750-million expansion with help from Ottawa, Ontario  Toronto Star
The tax on beer is going up this spring — and brewers are not happy about it
The federal government is set to increase the tax on local and imported beer by about 2 per cent starting this April. The increase will roll over every year in line with inflation.
Federal government's 'escalator' beer tax causing brew-ha-ha  The Kingston Whig-Standard
Canadian beer industry brewing big benefits for Canadian and Albertan economies  660 News
BlackBerry CEO John Chen sees Detroit auto show as next stop on road to future
TORONTO - BlackBerry Ltd., a company increasingly focused on technology for the self-driving vehicle market, is making an inaugural visit to North America's biggest auto show in Detroit, where CEO John Chen's team says the company will debut a new ...
BlackBerry makes auto show debut, announces new vehicle security tool  CTV News
Blackberry announces new cyber-security software at Detroit Auto Show  Windsor Star