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Canadian markets news

CIBC raises dividend following better-than-expected first quarter
TORONTO -- CIBC raised its dividend Thursday as it reported better-than-expected results for its first quarter helped by strong results at home and south of the border.
CIBC kicks off bank results with dividend hike, beats expectations  The Globe and Mail
CIBC kicks off earnings with dividend hike and a beat  Financial Post  
Canadians split 50/50 over pipeline debate: poll
There's no shortage of opinions on whether the Trans Mountain pipeline expansion project should go ahead and the role provincial governments should play.
Canadians evenly split over Alberta-BC bitumen battle  Vancouver Sun
Bell: No pipeline, no more carbon tax hikes?  Calgary Sun
December retail sales slide, ending three-month run of increases
Canadian retail sales fell in December, ending a run of three straight months of increases, Statistics Canada reported Thursday. For the month, sales were down by 0.8 per cent to $49.6 billion.
Banner year for Canadian retail sales ends with disappointing holiday season  The Globe and Mail
December no longer peak shopping season? Retail sales slip for the month
Ford's head of North American operations ousted for 'inappropriate behavior'
An internal probe found that Raj Nair, president of Ford's North America operations, engaged in behavior "inconsistent with the company's code of conduct.
Ford management shakeup: Galhotra replaces ousted president of Ford N. America  USA TODAY
Ford US chief leaves company after investigation into inappropriate behaviour  The Globe and Mail
Greyhound to stop serving BC's Highway of Tears, Yukon and Vancouver Island
The B.C. Passenger Transportation Board has given Greyhound Canada permission to stop serving northern British Columbia and Vancouver Island, as well as certain routes in southern B.C.
Greyhound ending run to Nanaimo, Wilson line wants route  Times Colonist
Greyhound's decision to cut, reduce routes in BC 'unfortunate,' ...  CTV News
BC government targets a drop in home prices as part of housing changes
The goal of B.C.'s new housing measures is to lower the cost of housing, Finance Minister Carole James said Wednesday. Speaking a day after the provincial budget, James said the reason the province is bringing in a new speculation tax, increasing the ...
New BC housing measures are 'bold steps,' minister says  The Globe and Mail
Mixed messages on BC's efforts to cool the hot housing market  News1130
SNC-Lavalin tops profit estimates, forecasts strong 2018 earnings
Canadian construction and engineering group SNC-Lavalin on Thursday reported better-than-expected earnings for the final quarter of 2017, benefiting from its purchase of Britain's WS Atkins and helping it give a strong forecast for 2018.
SNC-Lavalin reports $52.4M Q4 profit, revenue up more than 30 per cent  CTV News
SNC - Lavalin Group Earnings Rise In Q4  Nasdaq
Housing market always upbeat in Toronto's 'paradise islands'
The Toronto-area real estate market is suffering from a lack of commitment at the moment, but James Warren is diligently hanging "for sale" signs on snow-covered lawns.
Home Capital Group Inc.: A Warren Buffett Stock That's Stuck in the Mud  The Motley Fool Canada
Cineplex sees boost in profit over concession sales, despite drop in attendance
The movie theatre company reported a fourth-quarter profit of $28.8 million, up from $23.3 million a year earlier. Cineplex reported its revenue totalled $426.3 million, up from $385.4 million.
Concession stand demand helps boost fourth-quarter profit at Cineplex Inc.  The Guardian
Magna boosts dividend as European demand drives profit
Canadian auto parts maker Magna International Inc on Thursday reported a better-than-expected fourth-quarter profit, driven by higher sales in Europe and the launch of new cars for BMW and Jaguar.
Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash ...  Digital Journal
Magna posts higher income and record sales in fourth quarter  Financial Post