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Canadian markets news

Alberta creates advisory team to help cities bidding for Amazon headquarters
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol/Reuters. Dean Bennett.
Alberta government forms team of experts to aide with Amazon headquarters bid  MetroNews Canada
Province builds team to help Alberta cities bidding on Amazon headquarters  Globalnews.ca
Lifesite (blog)  
Lundin's International Petroleum takes big bite with $500-million Cenovus deal
Cenovus Energy Inc. is selling a southeastern Alberta oil and gas property to a company controlled by the wealthy Swedish-Canadian Lundin family, which is better known for investments in energy and mining projects in developing countries.
Cenovus gets 'halfway there' to divestment goal after $512 million sale  Financial Post
Cenovus sells Suffield for $416M to International Petroleum  CBC.ca
Liberals spent $5.5 million in hydro ads to save 'political skin,' NDP alleges
The Ontario government is spending $5.5 million on hydro ads amid its concerns about its hydro rate cut being overshadowed by “negative media coverage of rising electricity bills,” say documents obtained by the NDP.
Liberal government to spend $5.5M advertising hydro bill cuts, documents show  CTV News
Wynne Liberals spending $5.5 million in public money advertising hydro price ...  CBC.ca
Striking CAMI workers look to NAFTA talks to level playing field
Union looks to NAFTA renegotiations as chance to level playing field skewed in favour of low-cost Mexico. Dan Borthwick, president of Unifor Local 88, which represents the striking workers at CAMI, wants the facility designated the lead producer of GM ...
Striking GM CAMI workers awaiting response to weekend contract proposal  CanadianBusiness.com
Union at striking Chevy Equinox plant in Canada wants General Motors to act ...  Detroit Free Press
Alibaba-related company Alipay expands payment processing service into Canada
Alipay, the mobile payment processing service that emerged from Chinese e-commerce giant Alibaba, is expanding its Canadian presence.
Alipay partners with Canadian tech firm to expand presence in Canada  CanadianBusiness.com
Alibaba, China's answer to Amazon, continues making moves in Canadian ...  Globalnews.ca
Montreal bagel boss says his new plan will make neighbours breathe easy
Joe Morena stands in from of his bagel shop with his sons Vince, Robert and Nick, left to right, Sunday, May 21, 2017 in Montreal.
Residents Versus Wood Ovens: Mile End Bagel Wars Fire Up  Eater Montreal (blog)
1000 rental units nixed since rent control expanded: report
At least 1,000 planned rental units in Ontario have been cancelled or converted to condominiums since the province introduced new rent control rules, a report released by a group representing rental-housing providers said as it warned of a supply ...
New study finds Ontario's rental housing supply is facing a shortfall of ...  Canada NewsWire (press release)
JetBlue latest US airline to back Bombardier in fight with Boeing
A JetBlue flight takes off from Long Beach Airport in Long Beach, Calif., on Oct. 25, 2011. Reed Saxon/The Associated Press. Ross Marowits.
Boeing and Bombardier: A dispute that hurts the entire industry  Canada NewsWire (press release)
JetBlue Asks US to Reject Boeing in Bombardier Trade Dispute  Bloomberg
Ottawa launches hearings on revised corporate accountability measures favoured ...
SNC-Lavalin president and CEO Neil Bruce, left, joins chairman Lawrence Stevenson on stage to take questions at the company's 2017 general meeting in Montreal.
SNC-Lavalin Group: Upside Potential From Infrastructure Spending  Seeking Alpha
SNC-Lavalin Group Inc. (TSX:SNC) Company Valuation & Investor Review  Ozark Times
Oilsands will be around for another century, says Suncor CEO
Despite unwavering environmental and Indigenous opposition to oilsands expansion, Suncor Energy chief executive Steve Williams predicts the sprawling resource will still produce heavy oil 100 years from now, pointing to bite-sized projects as the next ...
Can Alberta put a cap on the oil sands?  Ethical Corporation Magazine
Suncor Energy (SU) Receives Daily Coverage Optimism Rating of 0.17  Week Herald