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Canadian markets news

CMHC warns high house prices spreading to BC, Ontario suburbs
Canada's housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads deeper into the suburbs.
Edmonton real estate market burdened by job losses, stunted growth
Home prices are rising at a faster rate, federal housing agency says  Vancouver Sun
CTV News  
Cost-cutting helps Suncor turn surprising $392M profit in 3rd quarter
Suncor reported a $392 million net profit in the third quarter of the year, well exceeding some analyst expectations of a loss. Canada's largest energy company says that it pulled cash operating costs per barrel of oil down by 18 per cent over the past ...
Suncor swings to a profit, helped by return of lost production from wildfires  The Globe and Mail
Suncor production rebound after Fort McMurray fire leads to profit  CTV News
Husky Energy chief executive to retire, promotes COO
CALGARY, Alberta (Reuters) - Canadian oil producer Husky Energy HSE.TO said its chief executive, Asim Ghosh, will retire on Dec. 5 after seven years at the helm.
Husky Energy Announces CEO Asim Ghosh Transition Plan and Retirement  Stockhouse
RBC Capital Markets Reiterates Outperform Rating for Husky Energy Inc (HUSKF)  Evergreen Investor
Charlie Clark defeats Don Atchison to become Saskatoon's new mayor-elect
Saskatoon voters have elected Charlie Clark as the city's mayor-elect. Clark defeated incumbent Don Atchison who was seeking a fifth term.
Saskatoon mayoral candidate gets endorsement from Zach Galifianakis  Toronto Sun
Saskatoon mayoral candidate gets last-minute shoutout from Zach Galifianakis  680 News
Asia shares slip after Apple results hit Wall Street, dollar off highs
Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week's nearly nine-month highs.
Asia markets slip as dollar weakness continues  Financial Times
Asian stocks trade lower as energy stocks fall amid declines in oil prices  CNBC
Feds 'stand behind' LNG decision, brace for First Nations legal challenge
OTTAWA - Environment Minister Catherine McKenna expressed confidence Wednesday in the federal government's support for B.C.'s liquefied natural gas industry on the eve of a major legal assault on Ottawa's position.
First Nations to sue federal government over Pacific NorthWest LNG project
Aboriginal, environmental groups to sue Canada over B.C. LNG project  BNN
Phone app simplifies recycling, waste disposal in Edmonton
A phone application that makes it easier to recycle and properly dispose of waste launched in Edmonton on Wednesday. The WasteWise app allows users to check where their trash belongs: a blue recycle bag, the garbage, or an Eco station.
New WasteWise app will help Edmontonians sort garbage, recycling
City of Edmonton launches new app to help people sort their waste  MetroNews Canada
Samsung heir joins board, moving toward top leadership role
SEOUL, Korea, Republic Of - The grandson of Samsung's founder is stepping up as its new leader after the failure of the company's flagship smartphone, the Galaxy Note 7. Shareholders of Samsung Electronics Co.
Changes loom as Samsung's crown-prince takes centre stage  AsiaOne
Samsung heir-apparent Jay Y Lee named board member  ZDNet
Richmond residents raising stink over 'unacceptable' stench from compost facility
Putrid, stinky, noxious, malodorous, unacceptable - residents have a variety of ways to describe the smell emanating from Harvest Power's composting facility in Richmond.
As Richmond's stench grows, so does protest  Richmond News
Richmond Council Furious With City's Odour Problem  604 Now (blog)
Internet Usage In Canada Soared 40 Per Cent In A Year. Here's Why.
Canadians have gone wild on their Internet data usage over the past year, and for Canada's telecoms, the Internet is now a bigger business - by revenue - than television, according to a report from Canada's telecom regulator.
Canadians now spending more on Internet than television  BNN
CRTC data shows Canadians are spending more on Internet than TV for the ...