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Canadian markets news

Bank of Canada hikes interest rate to 1.25 per cent on strong economic data ...
The central bank pointed to unexpectedly solid economic numbers as key drivers behind its decision to hike the rate to 1.25 per cent, up from one per cent.
Bank of Canada raises rate to 1.25%, but cautions on NAFTA  Financial Post
Canadian dollar sinks fast after 'dovish' rate hike: Bulls ' ...  The Globe and Mail
BNN  
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.
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 slumps below $10K US, then rebounds even as regulatory fears intensify
Bitcoin skidded below $10,000 US on Wednesday, halving in value from its peak price, before steadying, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency after it rose so much last year.
Bitcoin's 'happy dream' looking more like a nightmare after 50 ...  Financial Post
Bitcoin skids as traders worry that Korea will crack down  CTV News
154 remote BC communities to get high-speed internet
More than 150 remote communities in B.C. will soon have high-speed internet following a $45.4-million investment from two levels of government.
High-speed internet coming to over 100 coastal BC communities  CBC.ca
Subsea internet cable to link up Prince Rupert  Prince Rupert Northern View
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
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
Expert Recommendation Supports Newstrike Acquisition  Stockhouse
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 enters multifaceted MOU with Prince Edward Island  Canada NewsWire (press release)
$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
Sodium still high in processed foods  food in canada
$1M grant adds 60 jobs at Lakeside Plastics Ltd.
A $1 million investment from the federal government will help add 60 new jobs at Lakeside Plastics Ltd. Minister of Innovation, Science and Economic Development Navdeep Bains is at the Tecumseh manufacturer to announce the funds.
Oldcastle company getting $1M, creating 60 new jobs  CTV News
Federal minister Navdeep Bains leads Q and A session  The Manitoban
At midday: Financial stocks lead TSX higher
The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. close panel. � Copyright 2018 The Globe and Mail Inc. All Rights Reserved.
TSX flat as gold miners weigh, financials rise  BNN
North American stocks up, loonie down following Bank of Canada rate hike  Financial Post