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Canadian markets news

CIBC in $4.9-billion deal to buy Chicago-based PrivateBancorp
Canadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBancorp Inc in a cash-and-stock deal valued at about $4.9-billion (Canadian) to offer its Canadian clients access to U.S.
CIBC to Acquire PrivateBancorp, Inc.  PR Newswire (press release)
CIBC (CM) to Acquire PrivateBancorp (PVTB) in ~$3.8B Deal  StreetInsider.com
Reuters Canada  
Bombardier set to formally hand over first CSeries to Swiss Air Lines
After years of delay and big cost overruns, Bombardier's CSeries program is finally getting off the ground with the delivery of its first aircraft to Swiss International Air Lines.
Air Canada finalizes $3.8B order for 45 Bombardier CSeries jets  Toronto Star
Canadian aerospace industry earned highest profits last year since 2001: Report  bnn.ca
BC panel calls for fines, more transparency in real estate industry
Buyers and sellers in B.C.'s overheated real-estate market have been failed by agents who are driven by skyrocketing commissions and a regulatory system incapable of overseeing a world where houses have become investment vehicles rather than places ...
Les Leyne: Curbing real-estate frenzy not easy  Times Colonist
Hefty fines recommended for bad B.C. Realtors  Globalnews.ca
Mortgage lobby says Canada's housing market fine, but many beg to differ
Like many people, I'm not sure I'd know a housing bubble until it popped. The mortgage broker lobby group, though, is certain there's no bubble in Canada, the market is just fine, and the government should stay out of the way.
Five things you should know before you start your work day on June 29  Financial Post
Victoria rally gets heated as protesters try to force their way into housing ...  CBC.ca
Uber 'reviewing' new Alberta rules before deciding to resume service
Uber will review whether to resume operations in Alberta in light of new provincial rules and a new insurance policy for ride-service drivers that take effect this week.
Alberta unveils ride-share insurance rules for drivers  The Globe and Mail (subscription)
Alberta develops insurance policy for riding-hailing companies such as Uber  CTV News
Work begins in 2017 on GO train expansion into Niagara
Work will begin next year to extend weekday GO train commuter service from Hamilton to Grimsby by 2021, and to Niagara Falls by 2023.
GO commuter rail a 'massive win' for Niagara  Niagarathisweek.com
St. Catharines Go Transit announcement  CHCH News
Bridge to replace George Massey Tunnel linked to prospective casino in Delta
Ron Toigo of Shato Holdings wants his Delta Town & Country Inn to host a gaming facility. A new bridge to Delta will not only make it easy to drive to the colossal Tsawwassen Mills shopping mall opening this year.
New crossing needed, but tunnel is a better option  Delta-Optimist
B.C. looking for Massey Bridge builder  Globalnews.ca
First Nations a growing influence in resource industry development: Study
The information you requested is not available at this time, please check back again soon. From aluminum to zinc and everything in between, join BNN for the latest insight into the hot world of commodities and the companies that produce them, including ...
Diversity showcased at Aboriginal Day celebrations  Westman Journal
US Steel Canada sale behind-the-scenes maneuvers have workers worried
Unionized steelworkers are nervously eyeing the bidders that remain in a months-long process to buy U.S. Steel Canada and take over its Hamilton and Nanticoke operations.
Stelco sale: Province urged to get behind Essar bid  Hamilton Spectator
Essar Bid for U.S. Steel Canada Said to Fall Foul of Ontario  Bloomberg
First Nations territory 'wiped out' by industry development, chief says
The Blueberry River First Nations has released an atlas showing that more than 80 per cent of its traditional territory - which overlies a large part of B.C.
'Our Way of Existence is Being Wiped Out': BC First Nation Besieged ...  DeSmog Canada
Minister responds to Blueberry First Nations cumulative concerns  Energeticcity.ca