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Canadian markets news

The close: TSX rises to 7-month high as banks, energy shares climb
Canadian stocks rose on Wednesday to the highest level since October, as Bank of Montreal's results added to a rally among lenders and higher crude prices bolstered the nation's energy producers.
Oils, banks lift TSX above 14000 for first time in 9 months  Toronto Star
TSX closes above 14000 for first time since August on rising oil and bank stocks  Financial Post
Montreal Gazette  
Bank of Canada says wildfires will hurt economy as it holds key interest rate
Canada's economic growth in the second quarter is expected to be weaker than predicted, the central bank said Wednesday, as it kept the key interest rate at 0.5 per cent.
Joe Chidley: Stephen Poloz forced to play an uncomfortable waiting game  Financial Post
Wildfires will hurt economic growth: BoC  Toronto Sun
BMO to cut about 1850 positions in bid to trim costs
TORONTO -- The Bank of Montreal said Wednesday it is cutting about 1,850 positions from its workforce as consumers shift more of their banking online and technological advancements allow it to digitize some of its operations.
BMO plans more job cuts as profit slips on restructuring charge  The Globe and Mail (subscription)
Bank of Montreal to axe 4 percent of workforce, warns on loans  Reuters Canada
@Kady's Watchlist for May 25 – CANSEC 2016 hits the capital as ministers hit ...
Billed as Canada's largest defence trade show and decried by protesters as a 'weapons bazaar', CANSEC 2016 gets underway today.
New Report Highlights Critical Economic Impact of Canada's Defence Industry  Montreal Gazette
Canadian defence industry defends controversial Saudi Arabian arms deal  Winnipeg Free Press
Loblaws brings 'Click and Collect' grocery option to Winnipeg
Loblaws has introduced its Click and Collect grocery pickup service at two Winnipeg locations. The service lets customers select their groceries online and then pick up the full order at a specific time and location for a fee between $3 and $5 ...
Superstore launches professional shopper service in Winnipeg  MetroNews Canada
Two Superstore locations now offering Click & Collect services  CTV News
MTY Food shares soar on Kahala Brands acquisition
Food court mogul Stanley Ma's MTY Food Group Inc. has struck a friendly $400-million deal to acquire Arizona-based Kahala Brands Ltd.
MTY enters into an agreement to acquire the shares of Kahala Brands Ltd.  Montreal Gazette
Montreal-based MTY Foods acquiring US-based franchises  CTV News
Why it may make sense for Ontario to go it alone on climate change
This is one of a six-part series exploring climate change and regulation, and their effect on companies. You could call it Ontario's declaration of energy independence: a radical plan to sweep carbon out of the provincial economy by turning off natural ...
Doug Ford hints of provincial run  Toronto Sun
William Watson: The Ontario Liberals are doing every possible thing wrong ...  Financial Post
Alberta's oilsands among largest sources of organic aerosol air pollution: study
OTTAWA -- A new study in the journal Nature finds that Alberta's oilsands are one of the largest sources of organic aerosol air pollution in North America.
Study finds new oilsands air pollution issue  The Daily Courier (subscription)
Power outage planned for north River Heights and West Wolseley on Thursday night
Manitoba Hydro is planning a power outage in River Heights and West Wolseley on Thursday between 10 p.m. and 11:30 p.m.. More than 1,000 people will be affected from Doncaster Street east to Lindsay Street, and from Grosvenor Avenue north to Portage ...
Power Outage For River Heights Area
River Heights residents to lose power Thursday  MyToba
Premier Rachel Notley rebuts privacy concerns on Alberta carbon tax
EDMONTON - Premier Rachel Notley is dismissing opposition accusations that her NDP government's carbon tax bill contains invasive and arbitrary rules on search and seizure.
Tax hikes are necessary to combat the effects of climate change  VUE Weekly
Rachel Notley Dismisses Opposition Fears Over Carbon Tax Bill  Huffington Post Canada