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Canadian markets news

Being hooked on debt has long-term consequences
Hooked on debt. It's an apt description for the rising debt-to-income levels currently seen in Canada and a new survey by Manulife Bank highlights there's a high price to our debt dependency—a cost that goes far beyond the low interest rates you see ...
Oil's rebound sends it to $50: BUSINESS WEEK WRAP  CBC.ca
Rising housing costs leave Canadians without retirement funds  The Insurance and Investment Journal (press release) (registration) (blog)
Bell to pay $11.82 million for unwanted premium text messaging charges
Bell will pay $11.82 million in rebates after the Competition Bureau's premium text messaging investigation. (Richard Lautens / Toronto Star) | Order this photo.
Bell customers to get $11.8M refund for unwanted premium text messages  CBC.ca
Bell to rebate wireless customers $11.8M for unwanted premium text charges  Cartt.ca (subscription)
Passengers stranded by cable ferry off Denman Island
Ferry frustrations are mounting on Denman Island, in the wake of a breakdown that left a ferry filled with passengers stranded in the middle of Baynes Sound Friday.
Buckley Bay cable ferry back in service after stranding 25 passengers  Times Colonist
BC Ferries having issues with new cable boat  News1130
Alberta and Ontario teaming up on climate change initiatives
Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne emerged from a meeting in Edmonton Thursday morning to announce the provinces are teaming up on initiatives to tackle climate change.
Kathleen Wynne says Ontario will not phase out natural gas for home heating  Toronto Star
Wynne steps back from plan to phase out natural gas in Ontario  The Globe and Mail (subscription)
Toronto and Vancouver suffering 'buyer gridlock' as even existing homeowners ...
Tyler Anderson/National PostWhile much has been made of the plight of first-time homebuyers, TD economists warn that soaring prices are now locking out those who bought entry-level homes years ago.
Why trading up in Canada's hottest housing markets is harder than it ...  bnn.ca
Body found inside vehicle in Lake Ontario, Amherstview
It started with a vehicle travelling at a high speed and ended with a body being recovered from Lake Ontario… It happened on County Road 6 and Highway 33 in Amherstview… Authorities say the car sailed over the guardrail - and right into the lake.
Police divers to search car that went into Lake Ontario near Kingston  Ottawa Citizen
SIU called to investigate car in Lake Ontario  Quinte News
Toronto's Trump Tower for sale
'There are no vultures flying around,' says a developer's lawyer, denying a loan default and confirming interest from a buyer.
What's in a name? Brand battle looms for beleaguered Toronto Trump Tower  The Globe and Mail (subscription)
Trump tower in Canada close to sale, future of name in question  Reuters Canada
Whistler offers golfers more than just tee times
Golfers can make a complete vacation out of this B.C. area, with four golf courses, additional activities, and places to eat, drink and be entertained.
Whistler sees 'record-breaking' results in terms of paid room nights  Vancouver Sun
Tourism Whistler reports best year ever  Pique Newsmagazine
Gas prices up on PEI
Gas prices on P.E.I. went up 2.7 cents per litre on Saturday in an unscheduled increase approved by the Island Regulatory and Appeals Commission.
Gas prices continue to rise on PEI  Journal Pioneer
Gas prices still rising on PEI  The Guardian Charlottetown
Still living with mom and dad? You are not alone, and the numbers prove it
For the first time in at least 130 years, young people between the ages of 18 and 34 are more likely to be living at home with their parents than in any other living arrangement.
Why are millennials still living with parents?  Times Record News
Goodbye, empty nest: Millennials staying longer with parents  St. Augustine Record