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Canadian markets news

Growing rail transport expected to bolster oil prices for Canadian producers
CALGARY - Steep discounts in prices for western Canadian heavy oil are moderating and should gradually ease through 2018 to allow Canadian producers to reap bigger rewards from strengthening world oil prices, according to GMP FirstEnergy.
Canadian natural gas industry a 'sad story': analyst  CBC.ca
South Koreans petition government to stop cryptocurrency crackdown
A threat from the South Korean government that it will ban virtual coin exchanges has prompted thousands of citizens to sign a petition.
Bitcoin, rival cryptocurrencies plunge on crackdown fears  The Globe and Mail
Bitcoin prices drop as South Korea minister indicates ban still possible  CBC.ca
Carillion's Canadian operations 'continue uninterrupted' amid British parent's ...
A general view of the Carillion company headquarters building in Wolverhampton, England on Monday, Jan. 15, 2018. Aaron Chown/PA via AP.
Carillion Canada says it's soldiering on despite UK parent's ...  CBC.ca
Carillion's collapse shows limits of our drive to outsource  Toronto Star
Air Canada flight diverted to Thunder Bay, Ont., so police can remove 'unruly ...
A traveller onboard an Air Canada flight from Edmonton to Toronto says he was surprised to see police officers remove a passenger from the plane after it was diverted to Thunder Bay, Ont.
Ottawa man charged with assault on plane in flight: Thunder Bay, Ont., police  TheChronicleHerald.ca
Unruly passenger charged after Air Canada flight diverted to Thunder Bay  TimminsToday
Australia complains to WTO about Canadian rules on selling wine
Australia has complained at the World Trade Organization about the rules applied to the sale of wine by Canada and various Canadian provinces, a WTO filing showed on Tuesday.
Canadian policies favouring domestic wine break trade rules, Australia ...  Globalnews.ca
Australia files WTO complaint against Canadian wine sales measures  CTV News
Big Six have now all raised mortgage rates as Bank of Canada decision looms
The country's six biggest lenders set aside $16.3 billion for variable compensation - up 26 per cent from 2016 - as a record year in trading and investment banking swelled bonus pools.
US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark  Toronto Star
From mortgages to NAFTA, the Bank of Canada shows it has real political ...  CBC.ca
Council tells TransLink commission to make sure road pricing is fair
The final report about road tolling in Metro Vancouver rolls out in spring, but if it doesn't work for Maple Ridge, the whole region will hear about it, says Mayor Nicole Read.
Drivers should pay more to drive more, report tells TransLink  CBC.ca
Metro Vancouver drivers could see new tolls, per-kilometre fees  Globalnews.ca
Beer Canada calls on feds to axe increasing beer tax
With Canadian beer consumption falling and taxes on the alcoholic beverage set to rise, the industry is calling on the federal government to scrap a plan to tie annual tax hikes to inflation.
Federal beer tax will sting local brewers, consumers  CBC.ca
Tax Fight To Reduce Beer Prices  Windsor Square
Potential Uber driver peeved MPI move could block service in Winnipeg
A Winnipegger who hoped to use and drive for Uber in Winnipeg is up in arms over a Manitoba Public Insurance plan that could block the ride-hailing app's arrival in the province.
MPI 'confident' it can find way for Uber, Lyft to come to Manitoba  Globalnews.ca
Uber, Lyft, not happy with approval of drivers' insurance rate plan in ...  Financial Post
North Bay considers backing Timmins for ferrochrome smelter bid
As four northern Ontario cities work to be chosen as the site of a new ferrochrome smelter, a fifth is considering where to put its support.
Planned Noront plant gets earful  The Chronicle Journal
North Bay Mayor says city was not approached to host Noront smelter  My West Nipissing Now