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Canadian markets news

Loonie suffers worst loss since Brexit vote, as BoC keeps cut on the table
The Canadian dollar suffered its worst intraday percentage loss since the fallout from the Brexit vote rattled through global markets on June 24, shedding nearly 1.3 cents U.S.
The loonie got whacked today. Here's why - and what the pros are saying  The Globe and Mail
Bank of Canada to keep an eye on Trump's trade policy
Toronto Star  
Canadian Pacific Railway Ltd chief executive steps down early to pursue ...
The larger-than-life chief executive of Canadian Pacific Railway Ltd. is stepping down five months earlier than planned to “pursue opportunities” at CP's competitors, the company said Wednesday.
Harrison to leave CP at end of January, earlier than planned  The Globe and Mail
CP Rail's Hunter Harrison to retire early; seeks 'opportunities' ...  Calgary Herald
Trump administration will press Canada, Mexico to reopen NAFTA
The man U.S. president-elect Donald Trump has tapped to reshape the country's trade policy will soon send a letter to Canadian and Mexican officials urging them to reopen NAFTA talks, according to a report.
Canada given advance notice of Trump's NAFTA demands  The Globe and Mail
Trump Trade Chief's Remarks Rattle Mexican Peso, Canadian Dollar  Bloomberg
US challenges program that puts BC-only wines in grocery stores
The Obama administration has launched a trade enforcement action against Canada at the World Trade Organization, stating that B.C.
U.S. labels B.C.-only wine sales in province's grocery stores ' ...  Financial Post
US challenges sale of BC wines in province's grocery stores  The Globe and Mail
World's biggest pea plant coming to Portage la Prairie
Eat your peas, Manitoba. The French company Roquette announced today it is planning to build the world's largest pea-processing plant in the province and will hire about 150 full-time employees.
New pea-processing plant in the works near Portage la Prairie in Manitoba  Brandon Sun
Massive Pea Processing Plant to be Built in Portage la Prairie  CJOB
Number of people getting EI benefits in Alberta hits near-record levels
New data shows nearly 100,000 people in Alberta were receiving employment benefits as recently as November, giving a clearer picture of the damage done by the recent recession.
Unemployment plagues Alberta: Almost 100000 now receive EI  The Globe and Mail
Road-tolls survey being trumpeted by mayor is seriously flawed
Perhaps you have heard that recent research shows two-thirds of us would support road tolls. The headline is fuel for Mayor John Tory to continue to push an issue he once emphatically said he wouldn't do.
Canadians prefer road tolls to tax hikes to pay for infrastructure: poll  MetroNews Canada
Ontarians prefer road tolls to higher taxes, more debt to pay for ...
Nestl� 'fully supports' proposed changes to Ontario's water taking pricing
Nestl� Waters Canada says it "fully supports" changes the provincial government wants to make to its water taking permits, including raising the price by $500 for every one million litres drawn.
Ontario proposes to boost water bottler fee by $500 per million litres taken  Ottawa Citizen
Province proposes new fee for water bottling companies  Wellington Advertiser
TTC reports lower than expected ridership in 2016
The TTC says that lower than expected ridership numbers in 2016 could end up costing it $46 million in lost revenue. In a report that will be presented to the TTC board at city hall this afternoon, CEO Andy Byford says that ridership through the end of ...
TTC will miss 2016 ridership target, which could cost it $46M
Sagging ridership growth set to cost the TTC millions  MetroNews Canada
Water bills on the rise for many SaskWater customers
People outside of major centres, especially around Saskatoon, could be seeing a sizable jump in their water bills. SaskWater has announced 48,000 of its customers will be seeing a water rate increase over the next few years.
Water rates going up for some Sask. residents over next two years  Regina Leader-Post