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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
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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% of those who will benefit from higher minimum wage will be women, Quebec ...  Montreal Gazette
Bitcoin slumps below $10K US, then rebounds even as regulatory fears intensify
The price of bitcoin dipped below $10,000 US before rebounding in volatile trading on Wednesday. (Benoit Tessier/Reuters). Bitcoin skidded below $10,000 US on Wednesday, halving in value from its peak price, before steadying, with investors gripped by ...
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
Lethbridge Burger King issued AHS order for evidence of foreign workers ...
Do you think ice dance duo Tessa Virtue and Scott Moir are a good choice as Canada's Olympic flag bearers? Yes; No. View Results.
Foreign workers sleeping in Burger King basement: Alberta Health Services  National Post
High-speed internet coming to over 100 coastal BC communities
People who live up and down the B.C. coast and on Vancouver Island will soon have access to much faster internet. The provincial and federal government announced joint funding of $45.4 million to provide 154 areas with new or upgraded high-speed ...
154 remote BC communities to get high-speed internet  Parksville Qualicum Beach News
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)
Commission considers new tolls at Metro Vancouver's congestion points  News1130
$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