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Canadian markets news

Mill Street loses indie appeal with Labatt takeover, gains access to new customers
Mill Street Brewery's takeover by the world's largest beer conglomerate will bring craft beer to new customers across Canada even as it damages the Toronto-based brand's indie appeal among local beer aficionados.
Craft beer growing in popularity  CTV News
Labatt gains organic capacity with Mill St.  London Free Press
The Province  
Canada's unemployment rate rises to 7.1 per cent as election approaches
Canada's unemployment rate rose to 7.1 per cent in September, the highest level in more than a year, as more Canadians tried to find work amid weak economic conditions.
'Small changes in unemployment' not a major issue for voters
BC adds 12400 jobs in September, leads Canada in economic growth  Vancouver Sun
Bombardier in talks with North American airlines on CSeries jet orders
TORONTO/PARIS (Reuters) - Canada's Bombardier Inc BBDb.TO said on Friday it is in advanced discussions to sell its new CSeries jet to airlines in North America, without identifying the prospective buyers.
Bombardier says in talks with North American airlines on CSeries jet orders  Reuters
Bombardier 'committed' to troubled CSeries jet
Updated prospectus for Hydro One sale estimates share price at $19 to $21
TORONTO -- Ontario's Liberal government says it expects to raise $1.7 billion from the initial public offering of 15 per cent of Hydro One.
Ontario to raise up to C$1.87 billion in Hydro One IPO  Reuters Canada
Ontario advances Hydro One IPO despite recent investor skittishness  The Globe and Mail (subscription)
Toronto stock market sees its best week this year, soaring more than 600 points
The Toronto Stock Exchange registered a slight loss Friday but still finished the week up more than 600 points, making it the best week of the year for Canada's largest stock market.
TSX, Wall Street near break-even as price of oil hovers around $50 a barrel  Financial Post
Stock Markets Soared This Week, But Canada's Rally Ended With A Whimper  Huffington Post Canada
US Steel moves closer to separating from Canadian operation
HAMILTON -- U.S. Steel says an Ontario court has approved a transition plan that will help it separate from its Canadian branch. The company says highlights of the plan include U.S.
Judge approves US Steel transition plan, suspends pension benefit payments
Critical ruling in company's restructuring proceeding  Simcoe Reformer
Business outlook tepid as commodities price slide weighs on economy
Business sentiment in Canada remains tepid overall, according to the Bank of Canada, as the adverse effects of weak commodity prices work their way through the economy.
Bank of Canada Survey Suggests Business Sentiment Remains Tepid  Wall Street Journal
Bank of Canada says business confidence 'tepid' as low commodity ...  Financial Post
Venue dismisses all parking attendants, says $1 million missing
An Edmonton not-for-profit venue laid off its entire fleet of parking attendants without cause earlier this week, after it said more than $1-million of revenue was unaccounted for.
Paula Simons: Edmonton Northlands and the mystery of the missing millions  Edmonton Journal
How Edmonton's Northlands discovered it was losing up to $100K a month ...  MetroNews Canada
Twitter Expected to Begin Layoffs and Stop Headquarters Expansion
Jack Dorsey is tightening Twitter's belt. Just days after being named permanent chief executive of Twitter, Mr. Dorsey is planning a series of cost-cutting maneuvers at the social networking company, including layoffs and halting a plan to expand the ...
Twitter Said to Cut Jobs With Dorsey at the Helm  Wall Street Journal (blog)
Twitter plans layoffs next week: Report  Toronto Sun
Colorado monthly pot sales pass $100 million mark
Monthly marijuana sales in Colorado have soared past the $100 million mark for the first time, according to the August recreational and medical marijuana sales data from the state Department of Revenue released Friday.
Oregon pot stores sell more than $11 million in first 5 days  Yahoo News
Oregon's first week of recreational pot sales tops $11 million