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Canadian markets news

Big banks move to match Bank of Canada's rate hike
Canada's biggest lenders have raised their prime lending rates on the same day the country's central bank moved its benchmark interest rate a quarter percentage point higher.
The close: Dow surges to end above 26000 for first time; TSX rises  The Globe and Mail
Poloz: Debt levels make Canada far more sensitive to rate hikes  BNN
TheRecord.com  
Quebec's minimum wage to increase to $12 in May
Quebec's minimum wage workers will see a bigger paycheque starting this spring after what will be the largest salary increase in the province's history.
Quebec raising minimum wage to $12 an hour as of May 1  The Globe and Mail
Independent businesses, lobby groups express concern over Quebec's ...  Globalnews.ca
Health inspectors find sleeping quarters for foreign workers in Lethbridge ...
The Burger King location was open for business as usual on Wednesday, Jan.17, 2018, in Lethbridge, Alberta. Alberta Health Services had issued a health order to the Burger King franchise on January 10, 2018, because inspectors found foreign workers ...
'No one was living in the store': Lethbridge Burger King denies ...  CBC.ca
Inspectors found foreign workers sleeping in a Burger King basement: Alberta ...  Toronto Star
Lakeside Plastics gets $1M grant
A $1.1 million federal grant to Tecumseh automotive trim manufacturer Lakeside Plastics is being questioned by many of the company's laid-off employees.
Minister uses profanity as he criticizes companies' excuses not to hire ...  CBC.ca
Oldcastle company getting $1M, creating 60 new jobs  CTV News
Apple to pay $38 billion tax on repatriated cash, invest billions on US jobs ...
Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centres in the coming years.
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US  New York Times
Apple's now free to bring home its overseas cash — here's what it ...  Business Insider
SeaRose shut down after Husky reprimanded for iceberg close call
The board that regulates activity in the oilfields off Newfoundland and Labrador has suspended operations for Husky Energy's SeaRose FPSO because of how it handled an incident with a too-close iceberg last March.
Husky offshore oil vessel SeaRose suspended after iceberg close call  The Globe and Mail
Husky offshore oil vessel SeaRose suspended after close call with iceberg  Financial Post
Kinder Morgan says Trans Mountain project could be a year behind schedule
CALGARY - Kinder Morgan Canada's controversial Trans Mountain pipeline expansion has encountered further delays, the company said Wednesday, citing ongoing permitting issues.
Stalled permits may delay Trans Mountain project by a year, says Kinder Morgan  Calgary Herald
Delays cost Kinder Morgan $75 million each month in earnings  Business in Vancouver
Newstrike shareholders overwhelmingly support CanniMed takeover deal
A general view of cannabis plants are shown in a grow room at Up Cannabis Inc., Newstrike Resources??? marijuana greenhouses, in Brantford, Ont.
Newstrike Announces Shareholder Approval of Plan of Arrangement with CanniMed  Stockhouse
Newstrike shareholders vote in favour of CanniMed takeover  The Globe and Mail
Unifor breaks with Canadian Labour Congress
The largest private sector union in Canada said Wednesday it is splitting with the Canadian Labour Congress over issues which include disagreements about the rights of workers to choose what union should represent them.
Unifor splits with Canadian Labour Congress over workers' right to ...  TheChronicleHerald.ca
Statement from CUPE National President Mark Hancock and National Secretary ...  Canada NewsWire (press release)
PEI marijuana grower looks ahead to $20M expansion
With a signed MOU with the province of P.E.I announced this week, Canada's Island Garden has sold all the marijuana it can grow this year, and is looking ahead to a massive expansion.
Canopy Growth Corp. Signs Up Another Province  Yahoo News Canada (blog)
Commission considers new tolls at Metro Vancouver's congestion points  News1130