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Canadian markets news

Asian stocks slip as investors monitor Trump tax plan
HONG KONG - Asian shares slipped Wednesday as investors digested the scant details of President Donald Trump's U.S. tax overhaul, and economic and corporate reports.
Trump tax plan could be good news for many, bad for deficit  Winnipeg Free Press
Businesses like Trump tax plan, but they won't rush to hire  660 News
Yahoo Finance UK  
Home Capital secures $2-billion lifeline as shares collapse
Shares of beleaguered mortgage lender Home Capital Group Inc. plunged 65 per cent on Wednesday as the company revealed it was negotiating an emergency $2-billion line of credit to shore up its finances after depositors rushed to pull money from their ...
Home Capital shares plunge after mortgage lender seeks $2 billion credit ...  Financial Post
Shares in alternative lender Home Capital plummet almost 65%  CBC.ca
'America Last': A dangerous reaction to Trump's trade bullying: Don Pittis
At first it was easy to discount U.S. President Donald Trump's outrageous comments on trade. They came in the same breath as vows to build a wall along the entire U.S.
FOREX-Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief  Nasdaq
The US and NAFTA: An explainer  Aljazeera.com
Ontario budget 2017: What to expect
Ontario's Liberal government will table its first balanced budget in a decade today and it's expected to be chock full of new spending, with the provincial economy firing on all cylinders and an election campaign one year away.
Ontario's first balanced budget in a decade to see new spending  CTV News
Canada's housing market still flashing 'red' warning, but some signs of ...
Canada Mortgage and Housing Corp. sees better housing market conditions than it did 90 days ago but the federal Crown corporation didn't see enough improvement in the second quarter to remove its red warning label on the country as a whole.
Housing market remains imbalanced, overvalued: CMHC  The Globe and Mail
CMHC maintains red alert on Canadian housing, but notes signs of improvement  CBC.ca
Hamilton LRT clears a major council hurdle, will move ahead
The city has approved an updated design plan for Hamilton's $1 billion light rail transit (LRT) project, and even council's biggest LRT opponent now says the project is a done deal.
LRT to move forward as council approves EA  Hamilton Spectator
Hamilton LRT moves forward following council vote  Globalnews.ca
Premier Clark calls on Ottawa to ban coal exports after softwood lumber duties
SURREY, B.C. - Premier Christy Clark is taking aim at the American coal industry in the wake of the United States imposing hefty tariffs on British Columbia's softwood exports.
BC Election 2017: Christy Clark calls for ban on US thermal coal from BC ports  Vancouver Sun
BC moves to ban US coal transport in retaliation for softwood duties  CBC.ca
Suncor Energy reports net earnings of $1.35B on higher prices, production
CALGARY -- Suncor Energy is reporting net earnings of $1.35 billion or 81 cents per share in the first quarter of 2017, compared with $257 million or 17 cents a year earlier, thanks to higher commodity prices and oilsands production.
Suncor boosts buybacks, cuts outlook for Syncrude  The Globe and Mail
Canada's Suncor posts better-than-expected first-quarter profit  Reuters Canada
Council votes 7-5 in favour of the 80-storey Alldritt Tower [Video]
A new 80-storey tower approved Wednesday for The Quarters could set a record for height in Western Canada and the clock is now ticking for construction.
80-storey tower approved by city council  630ched.com
BCE reports wireless strength as IPTV, Internet subscribers slow
Consumers are flocking to the Internet for media content and BCE Inc. says it will meet them there with a plan to offer its traditional TV service over an app-based interface.
BCE Inc. hikes dividend and plans new service to attract cord cutters as ...  Financial Post
Bell set to introduce new streaming product for internet TV viewing  CTV News