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Canadian markets news

Inflation rate spikes as carbon taxes hit gasoline prices
Canadian inflation spiked to its highest rate in more than two years in January, as new carbon taxes in Alberta and Ontario fuelled a surge in gasoline prices.
Alberta inflation rate spikes as carbon tax helps drive up gas prices ...
Inflation rate rises to 2.1%, fuelled by gas prices as new carbon policies ...  Vancouver Sun
Winnipeg Free Press  
GO trains resume service after stoppage caused by power outage
Service has resumed on the Toronto and Hamilton area's commuter rail system after a power outage brought all trains to a halt for hours during Friday's morning rush.
Trains halted due to power outage in southern Ontario getting back on track
Morning's system-wide power outage may affect Go Transit evening commute  680 News
UPDATE 3-Canada''s Royal Bank hits C$3 billion quarterly profit
... * Q1 EPS C$1.97 vs forecast C$1.77 * Dividend up 5 percent to C$0.87 * CEO says focus in United States on organic growth (Adds CEO comment from conference call) TORONTO, Feb 24 (Reuters) - Royal Bank of Canada <RY.
REMINDER/Laurentian Bank to Announce First Quarter Results on February 28, 2017  Digital Journal
Sources: RBC may sell Asian wealth business  Wealth Professional (blog)
Husky Energy Inc. focuses on 'cut and paste' heavy oil projects as company ...
Postmedia NewsHusky Energy says it's planning to increase its capital spending program next year to between US$2.6 billion and US$2.7 billion.
Husky reportedly considering sale of some Eastern Canadian assets  The Globe and Mail
Husky may sell some of its assets in NL offshore oil industry: sources
Ontario Liberals eye electricity market overhaul to lower rates
The Ontario government is pursuing a fundamental overhaul of the province's electricity market in an effort to keep rates as low as possible as it faces a political backlash over soaring prices.
Energy minister Glenn Thibeault admits Ontario messed up on hydro rates with ...  Toronto Star
Letter re concerns about hydro pricing
Liberals thank Kathleen Wynne at Queen's Park but will voters? - Robert Fisher
Ontario Liberal MPP's were giving thanks to Premier Kathleen Wynne in the first week as the legislature returned at Queen's Park.
Kathleen Wynne re-appoints the man who recommended booze in supermarkets and ...  Toronto Star
Rex Murphy: In Ontario, the taxpayers sustain Wynne's green energy ...  National Post
Bloor bike lanes boost cyclist traffic by 36%, increase drive times, says city
Early data shows more cyclists are using Bloor Street to get around after the city added bike lanes to a section of the arterial road from Avenue Road to Shaw Street in August.
Driving times up along Bloor since bike lanes installed  CTV News
Bike lanes on Bloor St. have increased driving time and boosted number of ...  Toronto Star
'Tension crack' interrupts Site C dam construction
The giant Site C dam project has stopped construction of a haul road after a 'tension crack' appeared on an unstable slope, near Fort St John.
400-metre tension crack forms along Site C dam haul road  Alaska Highway News
400 metre tension crack forms in riverbank above Site C haul road
Scott Cyr seeks input on conservative unity.
Local MLA Scott Cyr held a series of Wildrose town halls over the last week seeking input from constituents on whether or not they believe Alberta's right wing should unite to defeat the provincial NDP government.
Alberta private sector concerned as “out of date” labour laws could face ...
Province still pegs deficit at $10.8 billion despite increased revenue  660 News
Caisse posts 7.6% return boosted by commodities rebound, strong bank stocks
Caisse de d�p�t et placement du Qu�bec tallied a 7.6-per-cent return in 2016, helped by strong gains in Canadian equities as oil and commodity prices recovered and bank stocks steamed ahead.
Quebec pension fund manager reports 'solid' return of 7.6% in 2016
Stockmarket rally boosts Caisse de depot returns in 2016, but CEO sees ...  Financial Post