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Canadian markets news

Sobeys to cut 800 office jobs as part of reorganization
STELLARTON, N.S. -- The Sobeys grocery business will be cutting about 800 office jobs across Canada. Its chief executive, Michael Medline, says the job cuts are part of efforts to create one national organization out of five regional businesses ...
Egypt militants attack mosque in Sinai, casualties reported  News1130
Sobeys to lay off 800 office workers nationwide as part of restructuring plan  TheChronicleHerald.ca
BNN  
More holiday shoppers turned off by Black Friday, report finds
When it comes to holiday shopping sprees, Black Friday is no longer the prime event. A new analysis finds that more shoppers are choosing to spread out their holiday purchases rather than stick with the ritual of rising before dawn the morning after ...
Security pros warn of Black Friday threats  IT PRO
Origin of 'Black Friday' used for day after Thanksgiving  KTRK-TV
Canadian households lead the world in terms of debt: OECD
Household debt levels in Canada are higher than those in any country included in a new OECD report, and the organization says it's a major risk to the country's economy.
Canada's household debt levels higher than any other country, report says  CNBC
Canada's economic growth has come at a price — its debt level is now ...  Financial Post
How repealing net neutrality in US could hurt Canadian pocketbooks
Canada has policies in place to ensure the internet is equal for everyone, but if the United States goes ahead with rolling back what's called "net neutrality" in that country, it could cost Canadians - literally.
Trudeau 'very concerned' about US plans to roll back net neutrality  CTV News
Net Neutrality Explained: What It Means (and Why It Matters)  Fortune
Tesla's all-electric Semi truck: Prices start at $150000 and you can reserve ...
Tesla says its all-electric Semi has a total cost per mile of $1.26 compared with a diesel truck's $1.51. Image: Tesla. Tesla has revealed pricing for its new all-electric Semi, touting a two-year payback on fuel savings.
Tesla Semi truck expected to start at �113000  AutoExpress
Tesla's electric Semi trucks are priced to compete at $150000  The Verge
Chinese, Ontario organizations sign $471m in deals
Chinese and Ontario institutions and companies announced on Friday the signing of agreements and investments worth 600 million Canadian dollars ($471.51 million).
Worried about NAFTA's fate, Wynne calls for more trade with China  The Globe and Mail
Aurora Cannabis buying greenhouse designer Larssen to push pot partnership plans
Aurora Cannabis Inc. says it intends to use its ownership of greenhouse design firm Larssen Ltd. to pressure other cannabis producers to enter partnerships that will further its aggressive growth plans.
Aurora Cannabis Launches Takeover Bid for CanniMed, Invites CanniMed ...  Canada NewsWire (press release)
Aurora Cannabis To Buy H2 Biopharma For C$25 Mln Total Contingent Consideration  Nasdaq
Investment Considerations for the Cannabis Industry: Spotting the Red Flags
The recent $245-million investment by Constellation Brands, a NYSE-listed producer of beer, wine and spirits, in TSX-listed Canopy Growth focused attention across North America on the Canadian cannabis industry.
Opinion: Alberta's cannabis plan supports business prospects, mostly  Edmonton Journal
CannaRoyalty Commends Health Canada's Proposed Approach for the ...  Stockhouse
Russian minister says OPEC deal hurting domestic economy
Russia's economic growth in October was negatively affected by a global deal between members of the Organization of Petroleum Exporting Countries and Russia to curb crude oil production, Russia's Economic Development Minister said on Thursday.
OPEC agenda points to short meeting to set oil policy  BNN
Oil Rises as Russia and OPEC Said to Reach Outline Deal on Cuts  Bloomberg
Andy Byford leaving the TTC for a job with New York City Transit
The departing CEO drew praise from the mayor and other politicians on Tuesday after announcing he will be leaving Toronto to take what he described as “arguably the toughest job in transit right now.
TTC CEO Andy Byford stepping down after 5 years to lead New York City Transit  CBC.ca
Andy Byford leaves Toronto for the lights of Broadway  Torontoist