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Canadian markets news

'Temporary relief' for Canada's economy as growth edges higher
Canada's economy broke out of its winter doldrums and returned to modest growth in April, in a broad-based rebound led by strong manufacturing output, healthy consumer demand and growing government spending.
Canadian economy edges up in April, no thanks to lack of playoff hockey  CTV News
Canadian economy rebounds 0.1% in April, as forecast  CBC.ca
Financial Post  
Canadians say they'll cut back on summer spending this year, including travel
TORONTO - Canadian consumers say they plan to spend 25% less than last year on summer fun, including travel, according to a new CIBC poll.
Connor McDavid gets ready for a milestone birthday - Canada's and CIBC ...  Stockhouse
Canadians looking to cut back on summer spending this year: 2016 CIBC Cost ...  Canada NewsWire (press release)
Winners and losers already clear as a Canada Post strike or lockout draws nearer
There are already clear winners and losers this week as the deadline for a potential contract dispute between Canada Post and its workers inches closer.
Labour dispute could be 'another nail in coffin' for Canada Post ...  Simcoe.com
Canada Post refuses to extend bargaining with union  Hamilton Spectator
Stock markets rise, loonie slips in morning trading
TORONTO -- North American stock markets moved up this morning, although the gain on the Toronto Stock Exchange was fairly modest. The S&P/TSX composite index was up 33.54 points at 14,070.28 after nearly two hours of trading.
North American stock markets and Canadian dollar continue resurgence  News1130
Toronto Hydro: Power restored to most customers in east end
Toronto Hydro says about 260 customers remain without power this morning in the city's east end. Toronto Hydro spokesperson Jessica Martin said the outage was first reported at around 1 a.m.
About 3000 customers without power in east Toronto  The Daily Courier (subscription)
3000 people without power in Toronto's east end  Toronto Star
Huge increase in lentils seeded this year, StatsCan says
There's lots of wheat and canola in the fields, but the crop that's really surging this year is lentils. According to Statistics Canada, Saskatchewan farmers planted a record area of lentils in 2016 at 5.3 million acres.
ICE Canola Continues Higher Heading Into Long…  Western Producer (subscription)
More Lentils--Less Wheat--Stable Canola  Saskatoonhomepage.ca
Superior Plus pulls out of Canexus deal, citing inability to agree on extension
TORONTO - Superior Plus says it's no longer planning to buy Canexus Corp. through a friendly takeover that would have combined two of Canada's largest industrial chemical companies.
Superior Plus Terminates Arrangement Agreement  Marketwired (press release)
Canadian chemicals maker Superior Plus scraps deal with Canexus  Reuters Canada
Local Goodwill to fill Toronto void
Back in January 16 Goodwill stores and 10 donation centres in the Greater Toronto Area were closed, but the Goodwill based in London is seeking to fill that void.
Goodwill to return to Toronto  Toronto Star
Goodwill to reopen stores in Toronto-area after abrupt closures, 450 laid off  Globalnews.ca
Ottawa Public Health issues precautionary boil water advisory for Ottawa ...
A precautionary boil water advisory has been issued for people using the west Ottawa community of Carp's communal well water system.
Boil water advisory issued for hundreds of homes in Carp  Ottawa Citizen
Boil water advisory in place for 715 homes in Carp  580 CFRA Radio
Too much parking in uptown Waterloo? Councillor says it may be time to sell lots
It may be time for the City of Waterloo to sell off some of its surface parking lots if the spots are not being used, one councillor says.
Uptown stretch of King Street still expected to be open by December  CTV News
ION construction in Uptown Waterloo expected to be complete by Christmas  570 News