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Canadian markets news

The close: TSX falls as energy producers lead losses
Canadian stocks fell in the first trading session of May, after capping a third monthly gain, as energy producers declined with oil and Bank of Nova Scotia slipped after reporting a $275-million restructuring charge.
Will my MTS services cost more under Bell? A look at plan prices Canada-wide  CBC.ca
BCE to buy Manitoba Telecom in $3.9B deal  Winnipeg Free Press
Financial Post  
Scotiabank to take $275M restructuring charge in second quarter
Scotiabank warned Monday it is taking a $275 million after-tax restructuring charge in its second quarter. The bank said it taking the charge as "part of its strategic efforts to enhance customer experience, drive a digital transformation and improve ...
Bank of Nova Scotia takes $375-million pre-tax restructuring charge as it ...  Financial Post
Scotiabank to take restructuring charge as banks look to trim payrolls  bnn.ca
Puerto Rico won't pay $470M in debt due today, making default possible
Puerto Rico's debt crisis has reached a new level, with the island's governor saying Puerto Rico will not pay most of its $470 million US in debt payments due by Monday.
Puerto Rico gov't bank misses payment, talking with creditors  Reuters Canada
Puerto Rico to default on US$422 million debt payment: Governor  bnn.ca
Australian Craig Wright says he created bitcoin, but doubters say: Prove it
North America woke up Monday to the news that an Australian man named Craig Wright has claimed he is the creator of bitcoin, the mysterious individual who signed some early bitcoin-related documents with the name Satoshi Nakamoto.
Bitcoin's creator: What we know about Craig Steven Wright  Stuff.co.nz
Australian entrepreneur says he invented bitcoin, but did he?  bnn.ca
BC announces cut to film and TV industry tax credits
British Columbia's finance minister has yelled cut on film and TV industry tax credits. Mike de Jong announced that the subsidy will be chopped by five per cent to 28 per cent after the government consulted with the industry.
B.C. trims film tax credits for foreign firms  Victoria News
Lights, camera, goodbye? BC government cuts film and visual effects tax credits  Vancity Buzz
Ontario bill would ban doorstep sales of furnaces, air conditioners, water heaters
TORONTO -- A Liberal government backbencher introduced a private member's bill Monday to ban door-to-door sales of furnaces, air conditioners, water heaters and water treatment devices in Ontario.
Bill to ban some door-to-door sales tabled at Queen's Park  CBC.ca
MPP introduces bill to ban door-to-door sales of furnaces, water heaters  Toronto Star
At the open: TSX declines with oil
Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, offsetting gains for telecom stocks after BCE Inc said it would buy Manitoba Telecom Services Inc. The Toronto Stock Exchange's S&P/TSX composite index was down ...
At $45 A Barrel, US Producers Rush To Lock In Prices  MarketPulse (blog)
Where are crude oil prices heading?  Truck News (blog)
Dorval's so-called 'ramps to nowhere' to be completed by fall 2017
Partially completed overpass near Trudeau airport. Work to complete the structure and link Highway 20 directly to the Trudeau airport will be wrapped up by the fall of 2017.
Construction begins on new roads near Trudeau airport  CTV News
Ritchie Bros. auction in Nisku sees $240M in sales
Another month, another broken record for Ritchie Bros. Auctioneers. The latest auction was held from April 26 to April 30 in Nisku, and the company set new Canadian records for overall auction sales and the number of lots sold.
Edmonton-area equipment auction sets record for Ritchie Bros.  Edmonton Journal
Ritchie Alberta auction sets new records as oil slump lingers  Reuters Canada
Calgary Real Estate Board says expectation 'gap' persists between buyers and ...
April marked another month of "market imbalance" for home sales, according to the Calgary Real Estate Board, with more houses listed but fewer actually selling.
House prices continue to drop in Calgary  630ched.com
Calgary home sales drop 10 per cent in April  Calgary Herald