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Canadian markets news

Cenovus Energy buying most of ConocoPhillips's Canadian assets for C$17.7B
CALGARY - Cenovus Energy (TSX:CVE) announced Wednesday it plans to swallow most of the Canadian assets belonging to ConocoPhillips in a C$17.7 billion blockbuster acquisition that builds upon a recent trend of Canadian consolidation in the ...
ConocoPhillips sells oil and gas assets to Cenovus for $13.3 bln  Reuters Canada
Cenovus snaps up ConocoPhillips assets for $17.7-billion  The Globe and Mail
CanadianBusiness.com  
Lululemon shares plummet as retailer's outlook fades
Lululemon Athletica Inc.'s shares tumbled 17 per cent in after-hours trading after the yoga wear retailer warned of a sluggish first quarter amid stiffening competition in the so-called athleisure fashion sector.
Lululemon shares drop after weak outlook  CBC.ca
Lululemon warns of 'slow start' to 2017, despite double-digit ...  Financial Post
VIA Rail hits the brakes on $150 youth passes for July after website crashes
VIA Rail revealed on Tuesday it is offering $150 unlimited train passes for Canadian youth during July, but has since suspended its promotion after "high demand" caused the website to crash.
VIA Rail hits the brakes on $150 youth passes after website crashes  CTV News
Via Rail website derails for youth trying to buy pass for unlimited rides in ...  Times Colonist
Wynne has no plans to hike $100K 'sunshine list' threshold
There are no plans to eclipse the “sunshine list” threshold of $100,000 for disclosing the salaries of provincial public sector workers, says Premier Kathleen Wynne.
Platt: When it comes to hydro, only some polls really matter to the Ontario ...  Ottawa Citizen
More or less of: PAPER VIEW  The Barrie Examiner
Slight opportunity to negotiate new softwood lumber deal with US: BC envoy
British Columbia's softwood trade envoy says there's a slight opportunity to quickly negotiate a new lumber agreement between Canada and the United States, but if a deal can't be reached by the summer or fall it could mean a lengthy fight.
BC's trade envoy calls softwood lumber situation with US uncertain  630ched.com
US Senators are watching Canadian exports like hawks: Envoy  MY PG NOW
Saskatchewan Premier Brad Wall's wooing of AB energy companies must be taken ...
FILE PHOTO: President and CEO Mary Moran delivers the Calgary Economic Development's Report to the Community at the Telus Convention Centre, 2016.
Brad Wall Invites Calgary Oil Companies To Move To Saskatchewan  Huffington Post Canada
Brad Wall letter prompts some intrigue and irritation in Alberta  660 News
Landslide halts Amtrak train service between Seattle and Vancouver
A landslide in South Surrey, B.C., has shut down Amtrak train service between Vancouver and Seattle. Amtrak said BNSF, which owns the railway, has suspended passenger railway traffic on the tracks until Friday, March 31.
Amtrak service shut down after landslide in Surrey  News1130
Landslides near White Rock temporarily suspends Amtrak service between ...  iNews880.com
Prime Minister Trudeau heading to Windsor for Ford announcement
Prime Minister Justin Trudeau is expected to be alongside Ford officials when they plan to make an announcement during a visit to Essex Engine Plant on Thursday.
Ford to announce Ontario engine program in boost to Canada automaking: sources  Reuters Canada
Trudeau, Wynne to make announcement at Essex Engine Plant  CTV News
Purolator strike averted as deal reached before deadline
Purolator says it has reached a tentative contract agreement with Teamsters Canada ahead of today's strike deadline. The company says it is returning to normal operations and again accepting shipments after stopping them on Tuesday.
Purolator back to business as usual, as agreement reached with union  CBC.ca
News you can use for Wednesday, March 29, 2017  CP24 Toronto's Breaking News
Canada's Addiction To Building Homes 'A Loud Alarm Bell': BMO
The cost of buying a home in Canada has hit record highs, and so has the country's reliance on housing construction to drive the economy.
8 reasons why a BC-style foreign buyer tax is a bad idea for Toronto  BuzzBuzzNews
It took Toronto 22 years to recover from its previous market crash  HiBusiness (blog)