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Canadian markets news

RBC hikes dividend as quarterly profit rises 17 per cent to $2.9-billion
Royal Bank of Canada reported a 17-per-cent increase in its fiscal third-quarter profit, as Canada's largest lender showed resilience against weak economic activity, a depressed energy sector, Brexit fallout and the Fort McMurray wildfires.
Royal Bank 'closely monitoring' Vancouver, Toronto's hot housing ...  bnn.ca
Royal Bank of Canada hikes dividend as $2.7 billion profit beats expectations  Financial Post
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TSX, Wall Street droop as lower metal and oil prices weigh ahead of Fed
Associated PressNorth American markets are drooping today as investors play a waiting game with the Fed and lower metal and oil prices weighed on resource stocks.
Price of crude rises, then falls after US crude inventory reports  CTV News
TSX, loonie slip as oil prices fluctuate  Toronto Star
Former Performance Sports chairman mulls bid for company: report
Graeme Roustan, the former chairman of Performance Sports Group Ltd., is reported to be weighing a possible bid for the company, which produces Bauer hockey gear and Easton baseball equipment.
Ex-Performance Sports chairman may bid for hockey gear maker  The Globe and Mail
Performance Sports' ex-chair mulls bid for hockey gear maker for ' ...  bnn.ca
BlackBerry beats court appeal in US shareholder lawsuit
A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit accusing BlackBerry Ltd of fraudulently inflating its stock price by painting a misleadingly upbeat picture of the prospects for its BlackBerry 10 smartphone line.
US appeals court sends BlackBerry lawsuit back to lower court  Reuters
BlackBerry wins appeal in case over stock price  The Hill
Canadian dollar weakens against firmer greenback as oil falls
TORONTO (Reuters) - The commodity-linked Canadian dollar weakened against a firmer U.S. counterpart on Wednesday as oil fell, although losses for the currency were restrained as investors awaited clues this week on the U.S.
USD/CAD Canadian Dollar Lower as Oil Tumbles after Higher US Inventories  MarketPulse (blog)
Canadian Dollar Follows Oil Higher  Investing.com
Canadian canola farmers with biggest harvest ever are about to lose their ...
Svjetlana Mlinarevic/Grande Prairie Daily Herald-Tribune/Postmedia NetworkCanada - where canola was invented four decades ago by scientists who bred out undesirable traits in rapeseed plants - has become increasingly reliant upon sales to China.
Canadian farmers see bumper wheat crop as rain curbs quality  The Globe and Mail
ICE Canola Weakens With US Soy, Veg Oil  Western Producer (subscription)
Fall River's McQuarrie Bridge reopens to traffic
After nearly two months of waiting, people in Fall River, N.S., can stop using the 28-kilometre round-trip detour in place while the McQuarrie Bridge was being replaced.
McQuarrie Bridge in Fall River to reopen  TheChronicleHerald.ca
Mill bridge set to open this morning  Grand Falls-Windsor Advertiser
Bank of Montreal kicks off earnings season with a bang, handily beating profit ...
Bank of Montreal kicked off earnings season Tuesday by beating analyst estimates and easing concerns about oil and gas exposure and consumer credit, despite a bump in provisions for credit losses tied to the energy sector.
BMO's profits rise on cost-cutting efforts in retail division  The Globe and Mail
Canadian banks brace for more oil loan losses, housing threat in latest quarter  bnn.ca
Tory 'thrilled' about infrastructure money, but still wants TTC savings
Mayor John Tory says he's "thrilled" senior governments have teamed up to spend $360 million in infrastructure money on the TTC but said he still wants Toronto's transit commission to find 2.6 per cent in savings in their next budget.
Toronto's subway system to benefit from federal infrastructure fund  The Globe and Mail
TTC gets $400 million from Ottawa for badly-needed repairs, accessibility ...  insideTORONTO.com
BDC offering more loans to Canadian companies, fiscal report says
The Business Development Bank of Canada has given out more money in the past year than in 2015, but it has also seen more money come back in its net income, a new fiscal report says.
BDC delivers record performance in fiscal 2016  Montreal Gazette
Canada's only entrepreneur bank shows growth  660 News