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Canadian markets news

Canadian dollar drops to lowest level since March, below 75 cents US
The Canadian dollar traded below 75 cents US Friday, for the first time since March. The almost one-cent drop comes partly because of signals from the Bank of Canada - although the central bank is likely fine with a lower loonie.
Canadian dollar takes a dive on disappointing economic data  CTV News
Inflation rate up 1.3 per cent in September: StatsCan
The close: TSX continues rise as energy rally persists
Canadian stocks extended a rally to a fifth day and logged the best week since March as energy shares and banks advanced on signs inflation is picking up.
CANADA STOCKS-TSX rises to 16-month high, led by resource shares  Daily Mail
TSX rises to 16-month high, led by energy and financials  Reuters Canada
Ottawa pledges long-term support for Bombardier's growth
The Canadian government is backing Bombardier Inc. in its effort to restructure its business and rebuild profitability, taking a long-term view of the plane maker's growth prospects as it weighs an investment request from the company worth $1-billion ...
Bombardier layoffs a symptom of Canada's failure to stay competitive ...
'Everyone understands this is what we need to do': Bombardier CEO ...  BNN
Newspaper industry may get help from Ottawa: 'Everything is on the table'
MONTREAL -- The federal government isn't ruling out offering financial support to the struggling newspaper industry, Heritage Minister Melanie Joly said Friday.
Heritage minister says Ottawa not ruling out helping newspaper industry
Canadian drug maker Concordia says CEO to step down
Canadian generic-drug maker Concordia International Corp. said on Friday that chief executive Mark Thompson would step down after a replacement is found.
Concordia CEO to step down following appointment of new successor
Concordia International CEO Mark Thompson stepping down  BNN
Expo 2025 bid garners wide support but city staff says it's risky
More than half of GTA residents and Canadians across the country want to bring Expo 2025 to Toronto, a new poll suggests, but city staff says there are plenty of reasons to say no.
Toronto city council shouldn't back a bid for World Expo 2025, says ...
Expo 2025 bid in Toronto supported by majority of Canadians: poll
Ottawa proposes sweeping changes to spread mortgage risks
Ottawa has unveiled plans to introduce a deductible into Canada's taxpayer-back mortgage insurance system, a move that could force the country's financial institutions to shoulder more of the risks of the hot housing market.
Ottawa floats changes to mortgage default risk system
Ottawa floats changes to mortgage default rules, targets banks with risk ...  Financial Post
Thunder Bay, Kenora hydro companies explore potential merger
The locally-owned hydro companies in Thunder Bay and Kenora, Ont. have signed a memorandum of understanding to explore a potential merger.
Thunder Bay Hydro and Kenora Hydro Set to Explore Merge  Edmonton Journal
Thunder Bay Hydro and Kenora Hydro set to explore utility merger deal
Ontario to import Quebec electricity annually under 7-year deal
TORONTO -- Ontario will import enough electricity from Quebec to power a city of more than 200,000 people under a seven-year agreement signed Friday, but the provinces won't say how much Ontario is paying Hydro Quebec.
Ontario and Qu´┐Żbec Working Together to Drive Economic Growth  Government of Ontario News
Ontario, Quebec to sign electricity deal during joint cabinet meeting
Husky Energy granted 30-day extension to file report on cause of oil spill
The government of Saskatchewan has given Husky Energy a 30-day extension to file its report on the cause of the oil spill that dumped more than 200,000 litres of oil into the North Saskatchewan River in July.
Husky Energy wants more time for report after pipeline leak in Saskatchewan  BNN
Husky Energy report does not identify cause of July 20 pipeline spill ...  Calgary Herald