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Canadian markets news

Sears closures makes impact in Moose Jaw
Yesterday, Sears announced it would be closing department stores nation-wide, leaving about 29-hundred people without a job. As Marney Blunt tells us, losing a store makes the biggest impact in smaller cities like Moose Jaw.
Sears Canada to close five Maritime locations  CTV News
The return of catalogue shopping  Moose Jaw Times-Herald
St. Albert Gazette  
Home Capital deal was sparked by a 82-year-old Canadian banker who meet Warren ...
Warren Buffett's surprise investment in Home Capital Group Inc. all started with a single email from a Canadian investment banker who first met the billionaire 23 years ago.
Buffett's Home Capital bet backs turbulent Canada housing market  Hamilton Spectator
Home Capital investors weigh costs of Buffett bailout  The Globe and Mail
BlackBerry: Never Fails To Disappoint
The company has a history of large revenue misses that question the ability to make a long-term investment. The market continues to overestimate the upside potential based on sector hype while ignoring constant management execution issues.
Why BlackBerry's Earnings Weren't as Rough as They Looked
Weaker inflation slows to 1.3%, could weigh on central bank's rate decision
OTTAWA - Steps by the Bank of Canada to prepare the country for an eventual interest rate hike are bumping up against an inflation rate that has eased up on the accelerator.
What weak inflation means for Canadian consumers
Inflation rate cools to 1.3% in May as food prices now cheaper than a year ago
Labrador's Muskrat Falls pricetag now $12.7B: Worse than 1969 Quebec deal, CEO ...
There has been another billion-dollar bump in the projected cost of the Muskrat Falls hydro megaproject in Labrador. The new estimate is $12.7 billion, including financing and other expenses, according to a briefing Friday by the chief executive of ...
Cost of Muskrat Falls hydro project rises by another billion, CEO says  CTV News
Price tag for Muskrat Falls hydro megaproject rises by another billion, CEO says  CityNews
'Eventually, many will run out': How an LCBO strike could impact restaurants ...
A long drawn-out strike by liquor store workers could have a significant impact on Ontario's restaurants, wine importers, bars and consumers - but it may offer a boon to some local wineries.
Ontarians urged to stock up on booze as LCBO strike deadline looms  CP24 Toronto's Breaking News
LCBO Extends Opening Hours As Canada Day Strike Looms  Huffington Post Canada
Cooling measures already affecting hot Toronto housing market: survey
The recent intervention by the Ontario government to cool the Toronto-area's hot housing market is already having an impact on sellers and buyers plans for the year, according to a new poll.
New rules having little impact on builders as new Toronto townhouses pass $1 ...  Financial Post
More first-time home buyers putting purchases on hold after Ontario ...  Toronto Star
Rental rants in namma Chennai
Last month, one evening, R Dayalan got a call from his son, saying that about 20 people had barged into their rented apartment in Saligramam and had started shifting everything in the house.
Rents in Ontario can be hiked 1.8 per cent in 2018 under new guidelines  Toronto Star
Expanded rent control guideline for 2018 set at 1.8%  CTV News
Mayor decries cost of living crisis after Churchill, Man. rail link severed
The northern Manitoba town of Churchill is in a “crisis” and its people are “being held hostage” by a rail company that won't repair flood damage to tracks that bring in critical supplies, says the town's mayor.
Churchill rail line could be fixed in 2 months, northern leaders say
First Nations and North West Company call on governments to repair rail line ...  Thompson Citizen
CIBC eyes US growth as PrivateBancorp deal closes
TORONTO - The Canadian Imperial Bank of Commerce is pushing ahead with its ambitions in the United States now that it has completed its $5 billion acquisition of Chicago-based PrivateBancorp Inc., focusing first on organic growth but leaving the door ...
CIBC closes acquisition of US-based PrivateBancorp  CTV News
Does Canadian Imperial Bank of Commerce Deserve to Be This Cheap?  The Motley Fool Canada