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Canadian markets news

Conservatives willing to 'consult' on voluntary CPP expansion
OTTAWA—After months of resisting calls to expand or enhance the Canada Pension Plan, the Conservative government is signalling it's open to hearing some proposals.
Wealth managers applaud proposal for voluntary CPP contributions  The Globe and Mail
Ottawa to explore ways to give people option to increase CPP contributions  Vancouver Sun
CBC.ca  
Air Canada to redeploy capital as pension funding gap evaporates
TORONTO May 26 Air Canada said on Tuesday it plans to redeploy capital toward share buybacks, debt repayment and increased investment in new aircraft, as its once huge pension fund deficit has now been wiped out much earlier than expected.
Air Canada opts out of special solvency rules; cites $1.2B pension surplus  CTV News
Air Canada opts out of pension arrangement  Toronto Star
Apprentices required for public construction
Jobs Minister Shirley Bond and Tom Sigurdson of the B.C. Building Trades announce deal on public construction at the B.C. legislature Tuesday.
BC to require apprentices on public projects  Journal of Commerce
Province announces apprenticeship requirements for public projects  Business in Vancouver
Charter's $56 billion Time Warner Cable deal to face US scrutiny
NEW YORK/WASHINGTON Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp's earlier bid for ...
Broadband at the Center of Charter-Time Warner Cable Deal  New York Times
Time Warner Cable Deal Stirs Debt Concerns  Wall Street Journal
CANADA STOCKS-TSX stumbles as greenback rally hurts commodity players
(Updates prices to close; adds portfolio manager comment). * TSX ends down 136.59 points, or 0.90 percent, at 15,050.81. * Nine of TSX's 10 main groups decline.
TSX stumbles as greenback rally hurts commodity players  Reuters Canada
Most actively traded companies on the TSX  Winnipeg Free Press
North Vancouver First Nation rejects Kinder Morgan's proposed pipeline
NORTH VANCOUVER, B.C. - A North Vancouver First Nation has rejected Kinder Morgan's proposed Trans Mountain pipeline expansion, based on a scathing assessment that concluded it would increase the threat of oil spills and damage their culture.
North Vancouver's Tslei-Waututh First Nation to fight pipeline expansion  North Shore News
Tsleil-Waututh Nation's assessment could "delay or derail" ...  Straight.com
Barrick Gold Forms A New Joint Venture With Zijin Mining (ABX)
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for ...
Barrick investors welcome Chinese tie-up, debt reduction moves  THE BUSINESS TIMES
Barrick pact with Zijin Mining opens doors in China  The Globe and Mail
SFU now accepting Bitcoin at its bookstores
BURNABY (NEWS1130) - There are at least 15 Bitcoin ATMs in Canada but still lots of skepticism around the alternative currency. But now, a local university is the first post-secondary institution in the country to accept it.
Simon Fraser University embraces bitcoin for buying textbooks  CBC.ca
One-third of Canadians don't have cash to top up TFSAs
A new survey says about one-third of Canadians don't have the cash to maximize their tax-free savings accounts after the feds nearly doubled the amount account holders can contribute annually.
TFSA limit increase won't make a difference to majority of Canadians ...  Business in Vancouver
More plan to add to TFSAs: poll  Baystreet.ca
Wynne's in the dark on Hydro One
Ontario ombudsman Andre Marin's report into Hydro One's billing catastrophe could not have been more damning. He accused the giant public utility of misleading not only his investigators, but the Hydro One board of directors, the energy minister and the ...
How to protect yourself from billing errors: Roseman  Toronto Star
Northwest mayors want Hydro One to stay in public hands  CBC.ca