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Canadian markets news

Suncor won't extend COS bid if 'poison pill' defence upheld, executive says
Suncor Energy Inc. will let its $4.3-billion takeover bid for Canadian Oil Sands Ltd. lapse unless regulators strike down the target company's unusual shareholder rights plan, a senior executive said on Thursday.
Suncor Energy raises stakes, says it won't extend COS bid beyond Dec. 4 ...  Calgary Herald
Suncor Energy Inc questions Canadian Oil Sands Ltd's ability to attract ...  Financial Post
Hamilton Spectator  
Don't regulate Uber, competition watchdog says
The federal competition watchdog is urging municipal governments to relax “heavy-handed” regulations on taxis rather than crack down on alternative ride-hailing services like Uber.
Competition Bureau calls for relaxing of taxi rules in face of Uber competition  Montreal Gazette
As Calgary nears regulation Competition Bureau asks cities for open taxi system  MetroNews Canada
65-unit Squamish condo development sells out in 90 minutes
The Lower Mainland's real estate craze seems to have extended to Squamish, a mountain town in the midst of a major transformation.
Barbara Yaffe: Real estate market mayhem comes to Squamish  Vancouver Sun
Real estate prices rise sharply  Squamish Chief
Goldcorp suspends Ontario mine after death
TORONTO - Goldcorp Inc, the world's most valuable gold miner, said on Thursday operations at its Musselwhite mine in northern Ontario were suspended after a scoop operator working underground was killed.
Goldcorp Inc stops operations at Northern Ontario mine to investigate fatal ...  Financial Post
Falling rocks kill Goldcorp (G) worker at Northern Ontario mine  Stockhouse
The real deal on Black Friday
When Black Friday was first introduced to Canadian shoppers a few years ago, it was unclear what kind of success the U.S. shopping tradition would see north of the border.
Black Friday losing appeal for cross-border shoppers
Why it makes sense to use your TFSA to get out of debt this Christmas  Financial Post
Resolute suspends forestry operations in Quebec region, affecting 180 jobs
MONTREAL -- Resolute Forest Products is suspending indefinitely its wood-cutting operations in Quebec's Mauricie region near Trois-Rivieres.
Resolute Forest Products says it won't seek new FSC certifications  The Province
Resolute Announces Reinstatement of FSC Certification in Ontario  CNNMoney
EDC: Quebec exports expected to surge this year and next
MONTREAL - A new forecast by the Canadian government's lending agency says Quebec's highly diversified economy is on track for a 10 per cent increase in exports this year and eight per cent growth in 2016.
Aerospace sector powers Quebec exports  MM&D
Nearly 40 per cent of people have struggled to pay bills in past 12 months: poll
TORONTO - A new survey from Manulife Bank suggests that nearly 40 per cent of Canadians have struggled to cover their household expenses at least once in the past year.
38 per cent of Canadians struggled to pay bills: poll
Ontario shrinks deficit by $1-billion with help from Hydro One sale
Ontario has shaved $1-billion off this year's deficit, bringing the shortfall down to $7.5-billion from the $8.5-billion projected in the spring budget.
Wynne drowns us in debt and taxes  Toronto Sun
Ontario 'on track' to eliminate deficit, finance minister says
Superstores around Halifax will sell Hope Blooms salad dressings
Hope Blooms salad dressings will be sold at Atlantic Superstores around Halifax, after a deal was struck Thursday with the parent-company Loblaw.
Young Halifax gardeners' project blooms in Atlantic Superstores  MetroNews Canada
Hope Blooms hits Superstore shelves