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Canadian markets news

Competition Bureau calls for relaxing taxi rules in face of competition
TORONTO - The Competition Bureau says local regulations on the taxi industry need to be overhauled to deal with new competition from alternatives like the ride-hailing service Uber.
Competition Bureau calls for relaxing taxi rules in response to Uber  Hamilton Spectator
Toronto Taxi Alliance calls upon Toronto to apply for injunction against UberX  Canadian Underwriter
Survey: 38 per cent struggled to pay household bills in 2014
Nearly 40 per cent of Canadians didn't have enough money to cover household expenses at least once in the last 12 months, according to results of a new surveythat suggests housing costs are putting increased pressure on homeowners' finances.
40% of homeowners caught short on expenses this year, Manulife survey suggests
Almost 40% of Canadian homeowners struggle to pay bills  Vancity Buzz
At midday: TSX slightly higher despite slip in energy stocks
Canada's main stock index edged up on Thursday, helped by a gain in heavyweight pharmaceutical company Valeant and rising material stocks, while energy names slipped in line with a fall in crude oil prices.
Valeant Pharmaceuticals helps lift TSX as U.S. markets closed for Thanksgiving  Financial Post
Barclays pays $145M fine after ignoring money-laundering rules for rich clients
Barclays PLC has been fined �72 million ($145 million Cdn) by British regulators for failing to implement anti money-laundering controls in a series of secretive deals with rich clients.
Barclays fined for lax crime checks in 'deal of century'  Reuters Canada
UK authorities fine Barclays $108 million for failing to lessen risk on ...  Montreal Gazette
Alberta regulator to hear arguments in Suncor's hostile takeover bid of COS
CALGARY - The Alberta Securities Commission will hear arguments today into whether Canadian Oil Sands should be allowed to keep its defence against hostile takeovers.
Suncor won't extend COS takeover bid if poison pill defence upheld, vice ...  The Globe and Mail
Suncor unlikely to abandon Canadian Oil Sands bid, says analyst
Fort St. John contractor wins $1.5b Site C contract (Updated)
Fort St. John contracting company chosen for Site C dam work valued at more than $1.5 billion. Nov. 25, 2015, 11:19 a.m.. Mining & Energy.
BC slammed over announcing huge Site C deal while project's future uncertain  Montreal Gazette
Vaughn Palmer: BC Liberals forge ahead with Site C decisions  Vancouver Sun
Scoop operator dies after rock fall at Goldcorp's Musselwhite mine
Goldcorp Inc. says a worker has been killed at its Musselwhite Mine in northwestern Ontario. The company said the scoop operator died while working underground when rocks fell and completely covered the digger on Wednesday morning.
Worker killed at Goldcorp's Musselwhite mine in northern Ontario, work ...  Vancouver Sun
Goldcorp halts North Ontario mine to investigate fatal accident  The Globe and Mail
Black Friday deals may be misleading
Black Friday sales may not have reached the levels of shopping mayhem seen in the United States, but the event is becoming a bigger and bigger deal in Canada.
Duff Black Friday 'deals' will lead to Overdrawn Tuesday  Financial Times
How many Canadians will take advantage of Black Friday or Cyber Monday?  News1130
Caisse de Depot acquires part of Australian power company
MONTREAL -- The Quebec pension plan is part of a consortium that is spending $9.9 billion to acquire a 99-year lease for TransGrid, the owner and operator of the electricity transmission network in New South Wales in Australia.
As the money flows, so should the traffic  Sydney Morning Herald
Locals vie for UK power  Business Spectator
Danish hi-fi maker Bang & Olufsen in talks over possible takeover offer
HELSINKI - Consumer electronics company Bang & Olufsen says it's in talks over a potential takeover bid, sending its shares surging more than 30 per cent.
Bidders sound out Bang & Olufsen about takeover  Reuters
Bang & Olufsen in talks over sale