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Canadian markets news

Manulife revealed as bank fined $1.15M for violating anti-money laundering ...
The head of Canada's financial crime watchdog agency is second-guessing his decision last year to withhold the name of a bank - which CBC Investigates has identified as Manulife Bank of Canada - fined $1.15 million for not reporting hundreds of ...
Manulife says it was unnamed bank fined by financial watchdog  The Globe and Mail
Manulife admits it was the bank fined $1.2 million by Canada's money ...  Toronto Star
CTV News  
At midday: TSX slips as banks weigh
Canada's main stock index was barely lower in morning trade on Monday, with investors pulling back from major banks ahead of their earnings later in the week, while gold miners and energy stocks gained with higher commodity prices.
S&P/TSX composite index in the red following big losses on Friday  660 News
TSX drops 40 points; Canadian dollar edges ahead  Times Colonist
BC increasing minimum wage to $11.35
VICTORIA - The minimum wage in British Columbia will rise by 50 cents to $11.35 an hour in mid-September. The ministry says there will be an identical increase of 50 cents to the minimum wage for liquor servers, bringing it to $10.10 per hour in September.
BC's minimum wage will go up to $11.35 an hour in September  Terrace Standard
Legislation calls for $15 an hour minimum wage in Michigan  WZZM13.com
Sunrise Records to move into 70 stores closed by HMV, a business that was ...
Canadian Press/Paul Chiasson Sunrise Records will begin to open stores this spring after HMV liquidates and removes its signs. Twitter · Google+ · LinkedIn · Email · Typo?
Not clear if HMV stores in region will become Sunrise Records  CBC.ca
Intercity in negotiations for HMV space  Tbnewswatch.com
Milestone, Starwood in talks over raising initial $1.7-billion bid: sources
Milestone Apartments Real Estate Investment Trust, which has agreed to be acquired by Starwood Capital Group for about $1.7-billion, is in talks with the U.S.
Milestone Apartments REIT, Starwood in talks about hiking $1.7 billion bid ...  Financial Post
UPDATE 2-Starwood in talks on raising initial bid for Milestone -sources  Nasdaq
Loonie edges higher on oil strength, but rate decision looms
The Canadian dollar edged higher against its U.S. counterpart on Monday as oil prices rose, but gains for the loonie were restrained ahead of a Bank of Canada interest rate decision this week.
Speculators in 'biggest bull bet' on Canadian dollar since last spring  The Globe and Mail
USD/CAD Technical Analysis: Time Correction Heading Into BoC  DailyFX
Ottawa to slash fines of up to 276% on US drywall to help Fort McMurray homeowners
Amber Bracken/The Canadian PressFinance Minister Bill Morneau announces changes to the drywall anti-dumping duties in response to scarcity and exceptional price increases for drywall in Fort McMurray, Alta.
Ottawa to reimburse drywall tariffs for Fort McMurray fire victims rebuilding  CBC.ca
Ottawa provides compensation for drywall duties to Fort McMurray residents ...  640 Toronto News
Restaurateur who refused to install grease trap loses fight
A Wolseley restaurateur who refused to install a grease trap has lost a fight against an exemption that allows him to operate without one.
Wolseley cafe in grease-trap fight reluctantly agrees to plastics-only ...  Winnipeg Free Press
Wolseley bookstore doesn't need grease trap, but must use plastic plates ...  MetroNews Canada
Calgary to study future of golf courses and how to redevelop them
Although the Hamptons will still have a golf course if the proposed development goes ahead, residents are opposed to the loss of green space.
Calgary council asks for report on 'future of golf' before dealing ...  News Talk 770 Calgary
Calgary council considers pressing for golf course tax break  Calgary Herald
NDP calls for end to time-of-use electricity pricing
Electricity bills in Ontario could be cut by ending mandatory time-of-use pricing, reducing the delivery charge for rural customers and renegotiating power contracts, the NDP proposed Monday.
NDP Leader Horwath says she can cut hydro bills up to 30 per cent  Toronto Star
Toronto Star's View: A welcome mea culpa on soaring hydro prices  OurWindsor.ca