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Canadian markets news

'Eventually, many will run out': How an LCBO strike could impact restaurants ...
A long drawn-out strike by liquor store workers could have a significant impact on Ontario's restaurants, wine importers, bars and consumers - but it may offer a boon to some local wineries.
Ontarians urged to stock up on booze as LCBO strike deadline looms  CP24 Toronto's Breaking News
LCBO Extends Opening Hours As Canada Day Strike Looms  Huffington Post Canada
Toronto Sun  
Too little, too late? Sears tries to rebrand by getting hip, hiding name
In its battle for survival, Sears Canada is trying to shed its old-school image and replace it with a fresh look and hipper brands.
Sears closures makes impact in Moose Jaw  Globalnews.ca
Sears Canada to close five Maritime locations  CTV News
Cost of Muskrat Falls hydro project rises by another billion, CEO says
ST. JOHN'S, N.L. -- Costs for the Muskrat Falls hydro project in Labrador are up another $1 billion, a "boondoggle" the man in charge says is worse than the lopsided Upper Churchill debacle.
Labrador's Muskrat Falls pricetag now $12.7B: Worse than 1969 Quebec ...  CBC.ca
Price tag for Muskrat Falls hydro megaproject rises by another billion, CEO says  CityNews
Mayor decries cost of living crisis after Churchill, Man. rail link severed
The northern Manitoba town of Churchill is in a “crisis” and its people are “being held hostage” by a rail company that won't repair flood damage to tracks that bring in critical supplies, says the town's mayor.
Are airships the best way to replace Hudson Bay rail line?  Winnipeg Free Press
Damaged rail line to Churchill could be fixed in 2 months: Northern leaders  Globalnews.ca
Weaker inflation slows to 1.3%, could weigh on central bank's rate decision
OTTAWA - Steps by the Bank of Canada to prepare the country for an eventual interest rate hike are bumping up against an inflation rate that has eased up on the accelerator.
What weak inflation means for Canadian consumers  Macleans.ca
Inflation rate cools to 1.3% in May as food prices now cheaper than a year ago  CBC.ca
CIBC eyes US growth as PrivateBancorp deal closes
TORONTO - The Canadian Imperial Bank of Commerce is pushing ahead with its ambitions in the United States now that it has completed its $5 billion acquisition of Chicago-based PrivateBancorp Inc., focusing first on organic growth but leaving the door ...
CIBC closes acquisition of US-based PrivateBancorp  CTV News
Does Canadian Imperial Bank of Commerce Deserve to Be This Cheap?  The Motley Fool Canada
Italian PM 'guarantees' savers' accounts in 2 troubled banks
ROME -- Italy's premier says holders of accounts in two troubled Italian banks will have their savings guaranteed despite insolvency proceedings.
PM 'confirms guarantee' for savers as troubled Italian banks face ...  Belfast Telegraph
Italy to start winding down 2 banks after EU gives green light  The Japan News
Rental rants in namma Chennai
Last month, one evening, R Dayalan got a call from his son, saying that about 20 people had barged into their rented apartment in Saligramam and had started shifting everything in the house.
Rents in Ontario can be hiked 1.8 per cent in 2018 under new guidelines  Toronto Star
Ontario rent increases capped at 1.8 per cent for next year  CP24 Toronto's Breaking News
As A Business, McDonald's Is A Gold Medalist, But I'm Not Lovin The Share Price
The company is a first-class Dividend Aristocrat, and is likely to continue being so. Prospective investors should wait for a pullback, however.
First Midwest Bank Trust Division Boosts Stake in McDonald's Corporation ...  Sports Perspectives
McDonald's Corporation (MCD) Shares Bought by IFP Advisors Inc  The Cerbat Gem
Parent company of Tweed plans major expansions to get ready for recreational ...
Cannabis grow room at Tweed in Smith Falls File photo of a trimmer clipping stray leaves in a cannabis grow room at Tweed in Smith Falls, Ont.
Canopy Growth Provides Domestic Expansion Update  Stockhouse