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Canadian markets news

Rush to close home sales before tax deadline overloads land registry
The B.C. land registry website almost crashed this week as thousands of people scrambled to close real estate deals before the new tax on foreign buyers takes effect.
BC land registry slows as people rush to close deals before new tax  Vancouver Sun
BC taxes foreign home buyers and gold's lustrous climb : BUSINESS WEEK WRAP  CBC.ca
The Globe and Mail  
Enbridge profits slump following Alberta blaze
The flow of crude through Enbridge Inc. pipelines in May and June dropped as the massive Fort McMurray wildfire forced oil sands evacuations and production shutdowns, the company said in reporting a decrease in profit in its second quarter.
Wildfires continue to rage in the books of oil and gas operators  Calgary Herald
City economist to downgrade Edmonton forecast because of wildfires  Globalnews.ca
Plenty of factors keep Ottawa housing market out of the bubble
With housing prices soaring across the country, we take a look at the so-called housing bubble and the factors that are keeping homes in Ottawa more reasonably priced.
5 questions you have about the housing market  MoneySense
3 Reasons Why Canada's Housing Meltdown Won't Happen Anytime Soon  The Motley Fool Canada
The close: TSX finishes higher, fails to avoid weekly decline
Weak U.S. economic growth data knocked down the greenback and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan's latest effort to boost the ...
Canada stocks rise, cap July gain as oil rebounds in the wake of poor GDP data  Financial Post
TSX gains on resource rebound; posts small weekly loss  Reuters Canada
Water treatment plant set for expansion at Whitecap Dakota First Nation
A water treatment facility at the Whitecap Dakota First Nation is set for expansion after provincial and federal funding was announced Friday.
Water treatment plant no longer an economic obstacle at Whitecap  Globalnews.ca
Whitecap Dakota First Nation expanding water treatment plant  CBC.ca
City testing app-based ferry ticket purchases
There is officially an app for everything. Mayor John Tory announced Friday morning that, in a bid to cut lines down at the ferry terminal to Toronto Island, the city is partnering with a local company to sell ride tickets on its Smartphone App.
Mayor hopes app will eliminate long ferry tickets lineups  CBC.ca
Toronto Island ferry riders can use smartphone app to buy tickets in summer ...  Globalnews.ca
BC Hydro rates rise as demand slows
Revelstoke dam on the Columbia River is due to have a sixth water turbine added, but Site C is BC Hydro's priority today. - image credit: Wikimedia Commons.
Requested rate increase of 1.6% - Hydro-Qu´┐Żbec honors its commitment with a ...  Montreal Gazette
Hydro-Quebec seeking rate increase  CTV News
Husky oil spill: Prince Albert testing alternate water lines
Improvised lines are being filled with water, officials in Prince Albert announced Friday, as the city readies to switch to an alternate water supply following an oil spill into the North Saskatchewan River.
Prince Albert, Sask. could have new water supply this weekend, after Husky ...  CTV News
'Phone me once I get my water back up': Prince Albert mayor not ...  bnn.ca
$70 million tab for Ontario pension plan a pricey bargaining chip, business ...
Canadian Federation of Independent Business, which opposed Kathleen Wynne's plan as a 'payroll tax,' accused her of rushing to start the ORPP.
Reevely: Ontario Liberals' carelessness leaves them vulnerable even when ...  Ottawa Citizen
The REAL Cost of the ORPP  NorthumberlandView.ca (press release) (registration) (blog)
Contract awarded as funding plans announced for Martensville, Warman overpasses
A $60.6-million contract to build two overpasses at Martensville and Warman has been awarded to Peter Kiewit Infrastructure Co., the province announced Friday.
International company wins bid for Warman and Martensville overpasses  CBC.ca
Federal and Provincial Funding for Two New Highway Interchanges will Improve ...  Digital Journal