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Canadian markets news

BCE to buy Manitoba Telecom in friendly deal worth $3.9B
BCE Inc. has a friendly deal to buy Manitoba Telecom Services Inc. in a deal they value at $3.9 billion. The deal will add Manitoba's largest phone, Internet and wireless company to a Montreal-based telecommunication business that stretches across Canada.
BCE to buy Manitoba Telecom in deal worth $3.1-billion  The Globe and Mail (subscription)
BCE to purchase MTS  Stockhouse
Canada NewsWire (press release)  
Premarket: Tokyo slide keeps mood downbeat
A 3 per cent plunge in the Tokyo stock exchange and falls in European banking shares added to a gloomy global financial mood on Monday, pushing oil prices lower and the dollar to an 18-month low against the yen.
Japan Leads Asian Markets Lower On Yen Strength  Action Forex
Tokyo stocks hammered by rising yen  The Australian
Australian says he's founder of Bitcoin digital cash
LONDON -- An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator.
Australian tells BBC he created bitcoin, but some skeptical  Reuters Canada
CEO Daily: Monday, May 2  Fortune
Feds Paid $75M Lac-Megantic Settlement To Victims To Avoid Lawsuits
OTTAWA - The federal government quietly spent $75 million to settle with victims and creditors affected by the Lac-Megantic rail disaster - a contribution that also shielded it from lawsuits related to the deadly crash.
Four stories in Canada we're watching  Macleans.ca
Low power use in the winter means Hydro rates increase
Hydro rates have risen again. Your next hydro bill will be more after the province increased rates on May 1. 2016, to 18 cents per kilowatt hour during peak periods.
Peak Time Hydro Rates Climb Higher in Ontario  640 Toronto News
Energy minister explains why higher electricity rates have just kicked in ...  The North Bay Nugget
BIRC Spokesman Says Antibiotic, Hormone-Free Beef Push Sews Consumer Confusion
Doctor Reynold Bergen believes it points to a lot of confusion and concern on the part of consumers. Doctor Bergen is with the Beef Industry Research Council.
Viewpoint: Identity crisis for Canada's beef industry  Saskatoon StarPhoenix
Earls meat decision gives much to chew on  CBC.ca
Unknown substance spotted in the Grand River near Forwell Road
City of Kitchener staff are still trying to figure out what was spilled into the Grand River, and where exactly it came from, after an unknown substance was spotted in the Grand River near Forwell Road on Friday.
Kitchener working to clean up after spill detected  Exchange Morning Post (press release)
City of Kitchener works to clean up after spill detected in Grand River  CTV News
Gear for Team Canada supporters made in China
Canadian pride, made in China. When Canada's athletes make their mark this August at the Summer Olympic Games in Rio, they'll be wearing Canadian-made uniforms and sponsored by Hudson's Bay Co.
Kick-starting international trade  Winnipeg Free Press
Expo 86 brought the world to Vancouver's door and marked its coming-of-age
In the eyes of many, Expo 86 was the event that made Vancouver a world-class city. Some others will tell you it devastated the Downtown Eastside.
Nostalgia on full display as Science World celebrates Expo 86 30th anniversary  630ched.com
Oracle to buy utility software maker Opower
(Reuters) - Oracle Corp ORCL.N will buy Opower Inc OPWR.N, a maker of software for utilities, for about $548 million in cash. The offer of $10.30 per share is at a premium of 30.4 percent to Opower's close on Friday.
Oracle Buys Opower  Digital Journal
Oracle (ORCL) to Acquire Opower (OPWR) in ~$532M Cash Deal  StreetInsider.com