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Canadian markets news

Bank of Canada keeps key rate at 0.5% amid stronger yet uncertain global economy
The central bank said while the global economy has strengthened, persistent international uncertainty has continued to have a negative effect on business confidence and investment.
BoC sends message that Canadian rates will go their own way  The Globe and Mail
Prepare for a gap to open between Canadian and US interest rates  CanadianBusiness.com
Business in Vancouver  
Moose Knuckles reaches deal with Competition Bureau
The bureau had been seeking $4 million in damages against the Montreal-based firm for allegedly misleading consumers. The Competition Bureau had alleged winter coats marketed as made-in-Canada were mostly made in Vietnam and elsewhere in Asia, ...
Moose Knuckles, Competition Bureau reach deal over made-in-Canada concerns  CBC.ca
Moose Knuckles reaches deal with Competition Bureau over 'Made in Canada ...  CTV News
Dollarama reports boost in profits as shoppers take to company's new higher ...
THE CANADIAN PRESS/Paul ChiassonA Dollarama store is seen Tuesday, June 11, 2013 in Montreal. Dollarama Inc. saw its third-quarter profit grow to nearly $110.1 million compared with nearly $100.1 million in the same quarter a year ago.
Dollarama reports better-than-expected profit  The Globe and Mail
Dollarama says China's soft economy helping to offset currency challenge  TheChronicleHerald.ca
CIBC's latest decision: Pay a tad more to implement U.S. strategy or stay local?
Under normal circumstances, Thursday was supposed to be the day for CIBC to take a major step with its U.S. strategy when its carefully planned, fully negotiated acquisition of Chicago-based PrivateBancorp was to receive approval from the selling ...
CIBC CEO Victor Dodig faces defining decision: Hold, walk or pay up for ...  BNN
Why CIBC's CEO is right to delay the PrivateBancorp takeover vote  The Globe and Mail
TransCanada to proceed with $655M northern Alberta natural gas pipeline
The TransCanada Corp. building in downtown Calgary. DARREN MAKOWICHUK / DARREN MAKOWICHUK/CALGARY SUN/QMI AGENCY. Share Adjust Comment Print.
TransCanada to go ahead with $655-million Nova expansion  The Globe and Mail
TransCanada to proceed with $655-million northern Alberta natural gas pipeline  CTV News
Vancouver council mulls tax hike to aid fentanyl crisis
The City of Vancouver is looking for ways to fund its response to a record number of drug overdoses, including a property tax hike of an additional 0.5 per cent.
Vancouver eyes property tax hike to fight overdose crisis  CBC.ca
Vancouver councillor Melissa De Genova questions proposed additional ...  Straight.com
Edmonton drone user charged for 'hazardous' flying
For the first time, Edmonton police have charged a man for unsafely operating an unmanned aerial vehicle after a drone was flown over Rogers Place and other downtown buildings.
Man charged with flying drone downtown, a first for EPS  CTV News
Edmonton police lay 1st charges in relation to dangerous use of a drone  Globalnews.ca
Hydro One says it is helping people whose electricity has been cut off get ...
Hydro One said it already had a policy of pausing disconnections in winter and will waive reconnection fees and discuss payment plans to help customers in arrears get back on track.
Kathleen Wynne says she is being transparent about cap-and-trade costs  CBC.ca
CUPE sues Wynne, cabinet ministers for mixing fundraising and Hydro One sale  Hamilton Spectator
Servus launches new lower interest payday loan alternative
A new, lower-interest alternative to payday loans was introduced by Servus Credit Union Thursday at an event where Service Alberta Minister Stephanie McLean announced the next phase of the payday loan law is now in effect.
Protecting Alberta borrowers: More payday loan rules broaden repayment options  MetroNews Canada
New payday loan laws now in effect for Alberta consumers  Edmonton Sun
Councillor says reopening Portage and Main will cost Winnipeg Transit $7M plus ...
Coun. Jeff Browaty says reopening Portage and Main to pedestrians will cost Winnipeg Transit almost $1 million a year in additional operating expenses and will also force the utility to spend nearly $7 million on new buses.
Reopening Portage and Main could cost Winnipeg Transit $7 million upfront ...  MetroNews Canada