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Canadian markets news

Uber should be regulated like taxis, poll suggests
A majority of Canadians believe the ride-sharing service Uber should be subject to the same regulations as taxis, a new poll suggests.
Poll suggests support for a regulated Uber  CTV News
Poll suggests support for regulated Uber  YorkRegion.com
Premarket: Stocks nudge higher as global sell-off takes a breather, oil rises
Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold.
European shares gain as bank sell-off abates, oil rebounds  Ottawa Citizen
European Stocks Buck The Trend, Rally After Overnight Asia Rout  International Business Times
Oil patch faces further cuts as crude prices hit new lows
Energy companies are digging in for another year of downturn by slashing spending, costs and staff as crude prices dip to new multiyear lows.
Cenovus announces job losses, dividend cuts  Fort McMurray Today
Cenovus Energy Inc slashes dividend, cuts spending and jobs as loss deepens ...  Financial Post
Weak economy slowing thirst for beer in some provinces: Molson Coors
MONTREAL -- Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.
Molson Coors isn't worried by hockey teams' poor performances ...  Montreal Gazette
Molson Coors says low results due to slow economy and high food prices  Globalnews.ca
TSX continues fall, joins global equity sell-off
Canadian stocks slumped a fifth day on Thursday joining a sell-off in markets around the world amid waning confidence central banks can support the global economy, as commodities prices fall and growth stalls.
TSX falls as results from Manulife, others disappoint  Reuters Canada
Stock markets plunge on lower energy and bank stocks; bullion soars  Vancouver Sun
Time inc bought MySpace for some reason
Internet users of a certain vintage certainly remember MySpace but its alarming to note that it originally launched in 2003 and reached its zenith in 2008, just when Facebook was on the rise.
Myspace still exists? Yes, and now Time Inc. owns it  Montreal Gazette
Time (TIME) Joseph A. Ripp on Q4 2015 Results - Earnings Call Transcript  Seeking Alpha
TransCanada reveals job cuts hit about 10% of its work force
TransCanada Corp. has revealed that job cuts hit about 10 per cent of its work force late last year, and the company's executives say layoffs at the pipeline and power company might not be over yet.
Energy east: when pipeline meets identity politics  CTV News
Pipeline giant hatching new strategy to win you over  National Observer
Canada's hottest housing markets can expect some 'payback' after boom years: TD
Or, as Toronto-Dominion Bank puts it in a new forecast, some “payback” after the exceptional boom years. Just to be clear, TD economist Diana Petramala isn't calling for a meltdown, bur rather lower gains this year and marginal declines in 2017.
New federal mortgage rules may be too late for Metro Vancouver  The Province
Toronto, Vancouver Home Prices To Turn Negative As Mortgage Rates Creep Up ...  Huffington Post Canada
Carr promises First Nations collaboration on energy development
VANCOUVER - Canada's natural resources minister is promising a new relationship with First Nations on energy development and indigenous leaders are expressing cautious optimism about the new Liberal government's tone.
Carr promises energy collaboration with aboriginals  Nanaimo News Bulletin
Carr promises collaboration  Castanet.net
Fiat invests $3.7-billion, creates 1200 jobs, for new minivan
Fiat Chrysler Automobiles NV said on Thursday that it has invested $3.7-billion since September, 2014, and created 1,200 jobs in Canada to develop and produce its next-generation minivan.
Windsor Assembly Plant to hire 1200 new workers, FCA CEO says  CBC.ca
Fiat Chrysler adds 1200 jobs to Windsor plant in preparation for new ...  Financial Post