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Canadian markets news

US imposes preliminary duties up to 24% on 'subsidized' Canadian softwood lumber
Canada's forest industry felt the slap of the countervailing duties they were bracing for late Monday, with confirmation out of Washington that a U.S.
US announces duties up to 24 per cent on Canadian softwood lumber  CTV News
Trump takes first swing in lumber war: tariff of 20 per cent on Canadian lumber
Ottawa Citizen  
Ontario launches basic income pilot for 4000 in Hamilton, Thunder Bay, Lindsay
Participants in pilot, designed to test if a basic income is a better way to support people living in poverty than the current system, will be randomly chosen in project to begin as early as summer.
What you need to know about Ontario's basic income plan
Lindsay among 3 basic income pilot projects to be launched by province  Peterborough Examiner
Hertz and Dollar Thrifty to pay $1.25M penalty for advertising unattainable ...
Two of Canada's largest car rental companies have agreed to pay $1.25 million in penalties for falsely advertising discount prices that are essentially impossible to obtain.
Hertz and Thrifty to pay $1.25M fine following probe into their advertising  CTV News
Hertz and Dollar Thrifty to pay $1.25 million penalty for advertising ...  Ottawa Citizen
CN posts jump in profit as railway moves record volumes
Canadian National Railway Co. rode a wave of new shipping contracts and record volumes to a 12-per-cent jump in first-quarter profit.
Canadian National Railway raises 2017 outlook on record first quarter ...  Financial Post
Virtual reality tool teaches Canadians about dangers of taking on trains  CTV News
Stocks in Asia higher after global rally on French polls, shrug off NKorea tension
Equities held in the green in Asia on Tuesday following the global relief rally after the first round of France's presidential election stoked a relief rally, with several regional markets jumping to multi-year highs.
French Elections Far From Over, Trump Looking For A Win On The Economy  Forbes
European bears pay price for political worries  The Australian Financial Review
Oil edges up after six days of straight losses
SINGAPORE (Reuters) - Oil prices inched up on Monday but markets remain under pressure following six consecutive sessions of losses as traders lose confidence that pledged output cuts by major producers will rein in oversupply in a world awash with fuel.
The close: Equity markets, euro rally after French election  The Globe and Mail
"Back to Basics" for Crude, Says Kloza as Monday Sees More Market ...  Ship & Bunker
Sask. government turns back page on library cuts
The provincial government is turning back the page on its budget day cuts to Saskatchewan's libraries by restoring $4.8 million in funding.
Sask. government restores library funding  Regina Leader-Post
Calling budget cuts 'a mistake,' Saskatchewan government restoring ...  Saskatoon StarPhoenix
The milk war: How a letter in Wisconsin set off a trade dispute between the US ...
Steve Lichty's family runs a dairy farm in Beaver Dam, Wis. that is at risk of closure due to a dispute over Canadian policy. Joanna Slater/The Globe and Mail.
Trump is just milking off -- Farmgate  Standard Freeholder
Wisconsin dairy farms face closure due to Canadian policies  MetroNews Canada
At midday: TSX rises as banks jump after French election relief
Canada's main stock index rose on Monday morning, boosted by solid gains for banking stocks as investors cheered domestic data and French election results that limited the risk of another core member leaving the European Union.
TSX posts nearly two-week high on French election relief  Reuters Canada
Home Capital says founder Gerald Soloway to leave board, CFO to change role
Home Capital Group Inc. said Monday that two people named in an Ontario Securities Commission action against the company will be moving out of their roles.
Home Capital benches two key players facing Ontario watchdog's allegations
Home Capital benches two key players facing OSC allegations  Toronto Star