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Canadian markets news

B.C.'s 15% tax on foreign homebuyers could drive money to other parts of Canada
Tyler Anderson/National Post filesWhile the 15% tax on foreign homebuyers may help cool Vancouver's market, "prices in Toronto could see some significant upside pressure in the coming months as foreigners look to new markets," says a TD senior ...
Real estate industry watchers applaud BC's move to tax foreign home buyers  The Globe and Mail
Ontario, Quebec should take 'long look' at BC's new foreign ...  bnn.ca
CTV News  
Resource, financial sectors push TSX higher as US markets fall
TORONTO - The resource and financial services sectors have propelled the Toronto Stock Exchange higher this morning, as American markets sputter.
Miners, Banks Lead Stocks Higher  Baystreet.ca
Gold miners, banks help TSX gain while Wall Street sinks  Financial Post
WestJet profit beats forecasts despite decline
Canada's WestJet Airlines Ltd reported higher-than-expected quarterly revenue and profit as its passenger traffic rose and fuel costs fell.
Use it or lose it on WestJet's Gander-Toronto expansion  CBC.ca
WestJet profit plunges 40% as Alberta's economy continues to shrink  Financial Post
LCBO launches online sales of beer, wine, cider, spirits
Ontario consumers will be able to buy alcohol through a new online ordering service that will bring products from the Liquor Control Board of Ontario to their doorsteps through Canada Post, Ontario's finance minister said Tuesday.
LCBO launches online shopping portal, home delivery service  CTV News
Popularity of small-scale craft distilleries surges  The Globe and Mail
Canada's financial watchdog tells banks to test resilience to sharp drop in ...
TORONTO - Canada's banking regulator said on Tuesday it will require the country's banks to test how they would withstand a 50 per cent drop in property prices in Vancouver and a 40 per cent decline in Toronto.
Canada's financial watchdog tells banks to stress test for 50% plunge in ...  bnn.ca
Canada watchdog tells banks to test resilience to sharp home price falls  Reuters
MCC calls for northern economic development plan after Port of Churchill layoffs
The Manitoba Chambers of Commerce is calling recent layoffs at the Port of Churchill a troubling development it hopes will spark change in northern Manitoba.
'No warning at all:' Churchill mayor angry over shutdown of grain ...  News1130
Churchill Mayor Not Happy About Port Layoffs  CKNW News Talk 980
Barrick Gold weighing sale of $1.9-billion stake in Acacia: report
Todd Colvin, senior vice-president at futures broker Ambrosino Brothers, joins BNN to discuss the lingering effects of Brexit and the impact on the U.S.
Barrick Gold weighs sale of $1.9-billion Acacia stake: report  The Globe and Mail
EXCLUSIVE-Barrick Gold weighs sale of $1.9 bln Acacia stake - sources  Reuters
Governments spend $180M on high-speed internet in Ontario
A $180 million investment from the the governments of Canada and Ontario is expected to bring high-speed internet to more than 300 rural communities in Southwestern Ontario.
Ultra-High Speed Internet Coming to 300 Communities in Southwestern Ontario  Government of Ontario News
Province and feds spend millions to upgrade Internet to ultra-high speed in area  CTV News
City issues promise to open up Broadway in time for Saskatoon's Fringe Festival
Just in time for the Fringe Festival, the City of Saskatoon will open up Broadway Avenue from 11th Street to Main Street after seven weeks of watermain work and streetscaping.
Broadway Avenue set to reopen to Saskatoon traffic  Globalnews.ca
Fringe Fest welcome news for Broadway businesses amid construction  News Talk 650 CKOM
'They didn't do their homework': McIver blasts NDP power lawsuit
Interim PC leader Ric McIver lashed out Tuesday at the NDP government's decision to go to court in hopes of overturning a clause in contracts with Alberta's biggest power companies that were signed by the PC government sixteen years ago.
Alberta takes legal action against power companies' secret, 'Enron ...  Financial Post
NDP moves to end secret Klein-era scheme to offload corporate losses on the ...  rabble.ca (blog)