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Canadian markets news

Royal Bank hikes dividend after posting $2.8B quarterly profit
Royal Bank of Canada is reporting nearly $2.8 billion of net income for its fiscal third quarter and an unexpectedly large increase to its quarterly dividend.
RBC unveils 'dividend surprise' after third-quarter profit boost  Financial Post
Why Royal Bank of Canada Is up Over 1%  The Motley Fool Canada
Ottawa Business Journal  
Canada's big banks stand to lose on credit card debt in the next downturn: Moody's
The next economic downturn will result in higher credit card losses at Canadian banks than the last recession due to the “unprecedented” levels of consumer debt fuelled by the housing boom, says Moody's Investors Service.
Record household debt to add pressure to credit cards in next downturn: Moodys  Vancouver Sun
Financial Sector Update for 08/23/2017: BMO.TO, BNS.TO, CM.TO, RY.TO, NA.TO ...  Nasdaq
Robo-adviser Wealthsimple launches investment portfolio for observant Muslims
TORONTO - Robo-adviser Wealthsimple has launched a new investment portfolio for observant Muslims, a move the company says builds off its success targeting smaller, underserviced groups of investors.
Wealthsimple introduces a new investment portfolio for observant Muslims  Canada NewsWire (press release)
Wealthsimple launches new portfolio to help Muslims invest according to ...  BetaKit
Thousands of Atlantic salmon dumped in Pacific after eclipse's high tides ...
BELLINGHAM, Wash. -- Members of the public in Washington state are being asked to help mop up a spill of Atlantic salmon from an imploded net holding 305,000 fish at a Cooke Aquaculture fish farm near Cypress Island.
Farm net collapses in San Juan Islands, thousands of fish escape  Times Colonist
Eclipse tides break Washington salmon-farm nets sparking BC concerns  Ottawa Citizen
National MagLab Achieves New World Record with Strongest Resistive Magnet
While the rest of the country watched the solar eclipse Monday, engineers at the Florida State University-headquartered National MagLab pulled off an eclipse of a different sort.
It goes to 11: Florida lab sets new magnet strength record  Financial Post
Florida Lab Retakes Record Of Strongest Magnet In The World  WLRN
Scott Livingstone named first CEO of new Saskatchewan Health Authority
Scott Livingstone will serve as CEO of the Saskatchewan Health Authority. Rachel Psutka / Leader-Post. Share Adjust Comment Print.
New head of provincial health region named  CTV News
Cancer agency CEO to lead Sask. Health Authority  News Talk 980 CJME
Analysis Suggest 185000 Jobs at Risk Due to Minimum Wage Increase
The proposed minimum wage hike has been greeted by a mix of criticism and support, with one side arguing that it's time to provide all workers with livable wages and the other suggesting the hike will hurt small businesses and kill the very jobs ...
Minimum wage debate  Houston Today
GUEST COLUMNIST: Let's embrace $15 minimum wage  The Flamborough Review
NDP: BC's surplus proof of 'unbalanced' approach
Victoria-Beacon Hill MLA Carole James is the new minister of finance and deputy premier Photograph By . Related. Costs for record-breaking wildfires soar in B.C.
BC ends 2016-17 fiscal year with $2.7B surplus  CTV News
BC releases audited financial numbers for 2016-2017, records $2.7 billion ...  CBC.ca
US new home sales unexpectedly fall to seven-month low
New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest level in seven months, which could raise concerns of a slowdown in the housing market recovery.
Here's why new home sales tanked  CNBC
New-home sales skid to 7-month low in July  MarketWatch
Striking Pearson ground crew to vote on new offer tonight, union says
TORONTO -- Striking ground crew workers at Canada's busiest airport are voting today on whether to accept a new contract offer and potentially end a four-week-long work stoppage.
Swissport optimistic about latest contract offer to striking workers at Pearson  CP24 Toronto's Breaking News
Striking ground crew at Toronto airport to vote on new offer from employer  National Post