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Canadian markets news

Bank of Canada sees stronger global growth, keeps rates steady
Strong third-quarter growth at home and positive signs in the global economy are keeping the Bank of Canada on the sidelines , less than two months after Governor Stephen Poloz mused about a rate cut.
A look at the five women in contention to grace...  Waterloo Record
Bank of Canada keeps key rate at 0.5% amid stronger yet uncertain global economy  Toronto Star
Financial Post  
Lululemon Athletica profits shoot up 28% for the quarter, company raises ...
TORONTO - Lululemon Athletica Inc. quelled industry skeptics with a 28 per cent jump in third quarter profit Wednesday as the sportswear retailer raised its outlook for the year.
Lululemon beats profit estimate despite changing fashions  The Globe and Mail
Lululemon quarterly sales top expectations, shares jump  Reuters Canada
Moose Knuckles, Competition Bureau reach deal over made-in-Canada concerns
High-end winter jacket maker Moose Knuckles and the Competition Bureau have reached a deal over concerns about made-in-Canada claims in the company's advertising and labelling of some of its parkas.
Moose Knuckles reaches deal with Competition Bureau  Toronto Star
Moose Knuckles strikes deal with Competition Bureau over made-in-Canada concerns  The Globe and Mail
CIBC's latest decision: Pay a tad more to implement U.S. strategy or stay local?
Under normal circumstances, Thursday was supposed to be the day for CIBC to take a major step with its U.S. strategy when its carefully planned, fully negotiated acquisition of Chicago-based PrivateBancorp was to receive approval from the selling ...
Why CIBC's CEO is right to delay the PrivateBancorp takeover vote  The Globe and Mail
CIBC CEO Victor Dodig faces defining decision: Hold, walk or pay up for ...  BNN
Vancouver eyes property tax hike to fight overdose crisis
Vancouver city council is considering charging homeowners an extra 0.5 per cent in property tax to pay for more resources to combat the fentanyl overdose crisis.
Property-tax increase proposed to fight Vancouver drug crisis  The Globe and Mail
Vancouver proposes new property tax increase to combat opioid crisis  Globalnews.ca
Search-plane decision ends 12-year procurement odyssey
More than a dozen years after they were first ordered, the program to buy new military, fixed-wing, search-and-rescue planes has cleared its last hurdle, with European defence giant Airbus expected to come out the winner.
Airbus set to win Canadian deal for search-and-rescue aircraft: source  The Globe and Mail
Sajjan to announce Airbus C-295 aircraft as winner of fixed wing search and ...  Ottawa Citizen
BC community groups wait months to hear news of gaming grants
Twenty community groups in British Columbia have been waiting since at least May to hear from the provincial government to find out if they will receive grants.
BC government considers increasing community gambling grants  Vancouver Sun
Gaming grant oversight needs overhaul, A-G finds  Victoria News
Hydro One to reconnect 1400 customers cut off for nonpayment
Reconnection fees, which can reach up to $300 and are a barrier to many customers, are being waived. The 1,400 customers affected will have power by Christmas.
CUPE sues Wynne, cabinet ministers over Hydro One sale  The Globe and Mail
Exclusive: Hydro One to reconnect more than 1400 customers currently without ...  Globalnews.ca
Edmonton Transit takes a new direction in major route overhaul
The city is looking at a major overhaul of Edmonton Transit for the first time in 20 years. The overhaul will divide the city into two rings, an inner ring closer to the downtown core and an outer ring in the suburbs, said Eddie Robar, manager of ...
Edmonton's proposed transit overhaul explained  MetroNews Canada
Council prepares for 'fear and anxiety' over first major transit ...  Edmonton Journal
Plan to meet or exceed Canada's 2030 climate change target to be signed on Friday
Canada's first ministers are finalizing the details of a national climate change strategy that will be officially announced at a high-level meeting in Ottawa on Friday, CBC News has learned.
Pan-Canadian climate plan won't include emissions specifics  Toronto Star
Canada set to agree carbon price, marking climate split with Trump  Reuters Canada