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Canadian markets news

Bell to pay $12M in rebates after Competition Bureau's text messaging ...
Bell will pay $11.82 million to current and past customers after a Competition Bureau investigation into the telecom's premium text messaging charges.
Bell to pay $11.82 million for unwanted premium text messaging charges  Toronto Star
Bell To Pay Out $11.82 Million In Premium Text Suit  Android Headlines  
Being hooked on debt has long-term consequences
Hooked on debt. It's an apt description for the rising debt-to-income levels currently seen in Canada and a new survey by Manulife Bank highlights there's a high price to our debt dependency—a cost that goes far beyond the low interest rates you see ...
Oil's rebound sends it to $50: BUSINESS WEEK WRAP
Rising housing costs leave Canadians without retirement funds  The Insurance and Investment Journal (press release) (registration) (blog)
Entry-level homeowners face 'buyer's gridlock' when upgrading in Toronto ...
Home buyers trying to move up from their entry-level dwellings face a form of gridlock in the red hot markets of Toronto and Vancouver that risk confining them to condos, TD Bank says.
Toronto and Vancouver suffering 'buyer gridlock' as even existing ...  Financial Post
Why trading up in Canada's hottest housing markets is harder than it ...
Still living with mom and dad? You are not alone, and the numbers prove it
For the first time in at least 130 years, young people between the ages of 18 and 34 are more likely to be living at home with their parents than in any other living arrangement.
Why are millennials still living with parents?  Times Record News
Goodbye, empty nest: Millennials staying longer with parents  St. Augustine Record
Passengers stranded by cable ferry off Denman Island
Ferry frustrations are mounting on Denman Island, in the wake of a breakdown that left a ferry filled with passengers stranded in the middle of Baynes Sound Friday.
New Denman Island cable ferry stranded after breakdown
Buckley Bay cable ferry back in service after stranding 25 passengers  Times Colonist
Province puts $13.5M towards Calgary's Low Income Transit Pass
The provincial government made a big investment Friday to make life easier for low-income Calgarians who use transit. Calgary's Low Income Transit Pass is part of Calgary's Fair Entry program, which subsidizes five programs and services available to ...
Province kicks in $13.5 M to support low income Calgarians  CTV News
Cost of NDP carbon levy could offset $13.5M commitment to Calgary's low ...  Calgary Herald
Alberta and Ontario teaming up on climate change initiatives
Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne emerged from a meeting in Edmonton Thursday morning to announce the provinces are teaming up on initiatives to tackle climate change.
Kathleen Wynne says Ontario will not phase out natural gas for home heating  Toronto Star
Wynne steps back from plan to phase out natural gas in Ontario  The Globe and Mail (subscription)
Strike forces Science Centre, Clock Tower Beach close indefinitely
Sitting on the steps of the Montreal Science Centre, with a defeated look on his face, Bhavi Mehta was scanning a map of tourist attractions Friday, contemplating the next move for his family.
Labour relations at the Old Port of Montr´┐Żal Corporation inc.: still deadlocked  Canada NewsWire (press release)
Employees at Montreal's Old Port vote to strike  Canadian Labour Reporter
Ontario property values jump on Toronto's surging market
Toronto's housing boom has been generous to homeowners, but some may get a shock later this month when they open their property assessment notices to find the value of their home has jumped nearly 50 per cent.
Assessed Toronto property values have risen 7.5 per cent per year since 2012 ...  CP24 Toronto's Breaking News
Toronto homeowners to start receiving 2016 property assessment notices in ...
Toronto's Trump Tower for sale
'There are no vultures flying around,' says a developer's lawyer, denying a loan default and confirming interest from a buyer.
Brand battle looms for Toronto Trump Tower  The Globe and Mail (subscription)
Trump tower in Canada close to sale, future of name in question  Reuters Canada