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Canadian markets news

Shares in alternative lender Home Capital plummet almost 65%
Shares in alternative lender Home Capital fell almost 65 per cent on Wednesday after the company said the terms of a new $2-billion line of credit it is arranging will leave it unable to achieve its financial targets.
Home Capital shares plunge after signing deal for $2B credit line  CTV News
Home Capital stock plunges the most on record and drags other lenders down ...  Financial Post
The Globe and Mail  
'We knew this was coming': Manitoba lumber company prepared for Canada-US ...
As Canada's lumber industry reacts to punishing duties imposed by the United States on softwood lumber exports this week, at least one Manitoba company says it started preparing months ago.
'We just never know what's going to come out of the U.S.': Wynne ...  Financial Post
Loonie weakens as Trump considers NAFTA withdrawal  The Globe and Mail
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
Toronto facility starts making all-Canadian ketchup
The Select Foods Products facility in North York, Ontario has hired 10 additional workers as a result of the French's deal. By: Staff Torstar News Service Published on Wed Apr 26 2017 01:18:15.
All French's ketchup sold in Canada to be made in Canada starting next month  CBC.ca
French's ketchup will be bottled in Canada starting early May as ...  Financial Post
Corporate Canada warns Trump's tax cut plan would hurt competitiveness
President Donald Trump signs the Education Federalism Executive Order during a federalism event with governors in the Roosevelt Room of the White House in Washington, Wednesday, April 26, 2017.
Corporate Canada warns Trump's tax plan would hurt competitiveness  BNN
US is late to corporate tax-cutting party rest of world is enjoying  MarketWatch
Shaw TV stations in Calgary, Edmonton and Vancouver closing
A Shaw Communications sign at the company's headquarters in Calgary, Wednesday, Jan. 14, 2015. Shaw Communications Inc. has launched a new mobile TV app, the latest in a series of moves by the cable company to diversify its business as consumers ...
Shaw TV stations to close in Vancouver, Calgary and Edmonton as funds ...  CBC.ca
Corus and Shaw redirect funds to bolster local reporting in Western Canada  Globalnews.ca
Nova Scotia budget expected to lay groundwork for election call
Nova Scotia Finance Minister Randy Delorey attends a budget briefing at the legislature in Halifax on Tuesday, April 19, 2016. Nova Scotia's Liberal government is expected to present a balanced budget Thursday that many believe will lay the groundwork ...
Nova Scotia government could close coverage gaps for take-home cancer ...  Montreal Gazette
HSN CEO to step down to take top job at Weight Watchers
NEW YORK - The CEO of a heavyweight of home shopping on TV is leaving that job to take the top spot at Weight Watchers International Inc. The companies said separately Wednesday that Mindy Grossman is leaving HSN Inc. on May 24 and assuming the ...
Weight Watchers Hires HSN's Mindy Grossman As CEO  Fortune
HSN CEO Mindy Grossman resigning to head Weight Watchers International  Tampabay.com
Kit and Ace closes international stores, lays off head office staff
Vancouver-based fashion retailer Kit and Ace is closing 32 stores located outside Canada and laying off staff at its Vancouver head office while shifting its business' focus to its nine Canadian stores and its online store, the company announced April 26.
Kit and Ace lays off some Vancouver head office staff, closes international ...  CTV News
Kit & Ace cuts staff, closes international stores  Straight.com
BC, Alberta methane pollution higher than disclosed, reports suggest
Methane emissions from oil and gas facilities in Alberta and B.C. are much higher than previously thought and are being under-reported, according to two new environmental reports.
CAPP rejects findings in methane emissions reports  The Globe and Mail
Reports say oil and gas methane emissions higher than previously thought  CTV News