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Canadian markets news

Provincial loan for first-time homebuyers attracting applicants: minister
VANCOUVER -- British Columbia's housing minister says a program to help first-time homebuyers received applications within hours of launching.
British Columbia launches loan program for first-time home buyers  The Globe and Mail
Homeowner loan program helps renters by freeing up supply: Coleman  MetroNews Canada  
TSX dips, pressured by financials and auto stocks
Canada's main stock index fell on Monday, with financials down and several auto parts makers losing ground as U.S. President-elect Donald Trump upped pressure on carmakers to build in the United States.
The close: TSX dips as auto parts makers retreat  The Globe and Mail
Canadian dollar, S&P/TSX composite index down; US stock markets closed  Windsor Star
2016 was a record-setting year for Canada's housing market
Canada's real estate market will have a hard act to follow after a record-setting 2016 for prices and sales. The average price for various housing types sold nationally for all of 2016 reached a new yearly high of $490,495, up 10.7 per cent from 2015 ...
Home sales to play smaller role in economy this year, CREA says  Waterloo Record
Average house in Canada worth $470661 in December, up 3.5% in 2016
Rich man, poor man: A closer look at Oxfam's inequality figures
A combination of static disposable incomes and rising costs has created a feeling among many middle-class Canadians that they are falling behind.
Two richest Canadians own more than bottom 30% of population, report finds  The Globe and Mail
The two richest Canadians now have as much wealth as the poorest 30 ...  Financial Post
RCMP investigate damage to pipeline in northwest Alberta
Police say they are investigating significant damage to an oilfield pipeline under construction in the Hythe area in northwest Alberta.
RCMP in N. Alta. investigate damage at oilfield site  CTV News
Vandals cause $500000 in damage to Alberta pipeline  Toronto Star
Canada to outpace most of G7 in 2017-18, but Trump a wild card, IMF says
The International Monetary Fund says it estimates the Canadian economy will grow by 1.9 per cent in 2017 and 2 per cent in 2018. The International Monetary Fund's latest outlook for advanced economies as a whole has improved for the 2017-18 period, ...
IMF expects Canada's economy to expand by 1.9% this year
IMF Upgrades US Growth Forecast as Donald Trump Reshapes Global Outlook  Wall Street Journal
Hamilton residents won't notice much difference in new electricity merger
Hamilton residents won't see much difference in their electricity bills now that the city is part of Alectra, the second largest utility corporation in North America.
Hydro merger savings to take at least three years  St. Catharines Standard
PowerStream, three other utilities to merge  CTV News
New Brunswick university establishes cybersecurity 'hub' with new institute
FREDERICTON - The University of New Brunswick opened a new cybersecurity institute Monday in hopes of establishing an educational hub for one of the most pressing issues in the information age.
'We are one of the first movers in this area'
Canadian Institute for Cybersecurity opens at the University of New Brunswick  Canadian Underwriter
Trump now threatening automakers in Canada and Germany
Already taking aim at Mexico, President-elect Donald Trump is now warning he might enact a 35 percent "border tax" on Canadian and German automobile imports.
Trump threatens German automakers  Press Herald
Markets Live: Bracing for hard Brexit  The Age
ENTREVESTOR: Optimism fuelling businesses — BDC
The Business Development Bank of Canada is seeing growing optimism among Canada's small- and medium-sized businesses, with particular strength in the national technology sector and across Atlantic Canada.
Investments declining in Manitoba as confidence in economy renews: Study
Alberta tech sector leads the way as economy rebounds: BDC study