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Canadian markets news

Trudeau wants Canada to 'reset' relationship with China
On a visit to China next week, Trudeau says he wants to discuss the country's growing market for Canadian goods and services. Trudeau made the comments while speaking in Saguenay, Que.
Canada's Trudeau to raise canola dispute in China trip: official  Reuters Canada
Feds run $1B deficit in 1Q, down from $5B surplus in 2015
OTTAWA -- The federal government ran a deficit of $1.0 billion for the first quarter of its fiscal year, down from a surplus of $5.0 billion in the same period last year though "broadly consistent" with projections in the 2016-17 budget, the Finance ...
Ottawa runs nearly $1-billion deficit in first quarter of fiscal year  The Globe and Mail
Ottawa runs $1B deficit in first quarter, down from $5B surplus last year  Sudbury.com
Global stocks rally after Janet Yellen was hawkish, but not too hawkish
Global stocks rallied as investors focused on Janet Yellen's bullish comments on the U.S. economy, while bonds erased losses and the dollar fell after she gave no guidance on when the next Federal Reserve interest-rate increase may come.
Yellen's hawkish message adds weight to rate rumblings  The Globe and Mail
Stocks slip into losses in the afternoon after Yellen speech  Montreal Gazette
BlackBerry announces plan to raise US$605 million through debenture sale
BlackBerry Ltd. announced Friday plans to raise US$605 million through the sale of convertible debentures to Fairfax Financial Holdings Ltd.
BlackBerry announces debt restructuring plan, signs new deal with Fairfax  CTV News
BlackBerry to sell $605-million of convertible debt to Fairfax, other investors  The Globe and Mail
Social media group protests potential sale of SaskTel
When it comes to Saskatchewan's telecommunications company SaskTel, a new group on social media has a clear message - "not for sale.
DIGGING DEEPER: University of Regina economics professor weighs in on ...  Globalnews.ca
Gormley: Talking about SaskTel good first step  Saskatoon StarPhoenix
Canada Post countdown underway even as two sides in mediation
Labour Minister MaryAnn Mihychuk said Canada Post and the Canadian Union of Postal Workers will begin working with a special mediator Friday morning in the face of a union threat of job action.
Labour minister appoints mediator as Canada Post warns of huge pension problem  CTV News
Canada Post posts small profit as job action looms  Toronto Star
Filing Taxes Can Help Low-Income Canadians Escape Poverty
Most Canadians would like to see an end to poverty. What if we told you that one organization, using the existing social benefits system, found a way to get $21 million into the pockets of 9,000 low-income individuals in Winnipeg?
Tories must fix Manitobans' tax burden  Winnipeg Sun
Letters and comments, Aug. 26  Winnipeg Free Press
Airbnb financial incentive angers Vancouver councillor George Affleck
FILE PHOTO: The online, short-term rental site is trying to attract new hosts in Vancouver and other markets by offering a financial incentive.
Airbnb offers $250 cash for new hosts in rental-starved Vancouver  Vancouver Sun
Ghost hotels taking over Toronto Waterfront, Fairbnb coalition warns  MetroNews Canada
Manitoba First Nations group wants to purchase Tolko paper mill
WINNIPEG - A group that represents 30 northern Manitoba First Nations wants to talk with the province about buying a mill that is closing in December.
Winnipeg Sun readers  Winnipeg Sun
Buy out Tolko mill, turn over timber rights, MKO asks province  Winnipeg Free Press
GE Breaks Ground in Welland for new Multi-Modal "Brilliant Factory"
WELLAND, ON, Aug. 26, 2016 /CNW/ - GE (NYSE:GE) –Premier Kathleen Wynne and the Honourable Chrystia Freeland, Federal Minister of International Trade, joined GE global executives and representatives from Welland and the Niagara Region in a ...
Construction underway on Welland GE plant  Niagarathisweek.com
General Electric Co breaks ground on new engine factory in Welland, Ont ...  Financial Post