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Canadian markets news

The close: TSX slumps as heavyweight energy, bank stocks slide
Canada's benchmark stock index slumped by the most in five months on Friday, in a broad-based retreat led by sharp falls in its heavily-weighted energy and financial sectors.
Toronto's S&P/TSX composite index registers biggest one-day loss in ...  MetroNews Canada
Everything from banks to energy to autoparts fell Friday as the TSX tumbles ...  Financial Post
CBC.ca  
Water ban lifted in Strathcona County
A ban on non-essential water use has been lifted for Strathcona County. The ban was imposed Friday afternoon, after a line break disrupted the Epcor water supply into Sherwood Park.
Strathcona County, Sherwood Park water ban lifted Saturday morning  Globalnews.ca
Strathcona County issues water ban during repairs  Edmonton Journal
Toronto's housing market may need a Vancouver-style cooling: RBC
Toronto may need to consider Vancouver-style measures to address a “dangerous mix” of factors that are fuelling the region's overheated housing market, the chief executive of Canada's largest bank warned on Friday.
RBC CEO says Toronto real estate market 'not sustainable,' company ...  Financial Post
RBC grows first-quarter profit by 24 per cent to $3.03 billion  CTV News
Major power failure strands thousands of GO train passengers
A Friday morning power outage at the CN Rail Traffic Control Centre disrupted GO Transit, UP Express, freight trains and VIA Rail service.
Commuter train service 'back to normal' in southern Ontario  CBC.ca
GO train service down again after another power failure  CP24 Toronto's Breaking News
Bank of Nova Scotia (NYSE:BNS) Rating Fixed At 2
Zacks Research has revolutionized a new measure on which it apportions a rating to firm's equity on a '1-5' base. Bank of Nova Scotia (NYSE:BNS)'s stock has a 2 rating, which reveals the stance on stock settled by brokerages.
Form 6-K BANK OF NOVA SCOTIA For: Feb 22  StreetInsider.com
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  CBC.ca
Tourists flock to Nova Scotia for exotic experiences
Nova Scotia had a bumper tourism year in 2016, drawing about 170,000 more visitors than it did in 2015. Tourism Nova Scotia said that's the third year in a row numbers have risen and the best numbers since 2002.
Nova Scotia to build on record tourism year  TheChronicleHerald.ca
Nova Scotia doctor calls family doctor shortage a 'crisis'  Globalnews.ca
Alberta spends $2700 more per person than BC yet collects $1300 less tax
The Alberta government spends nearly $2,700 more per man, woman and child in the province compared to British Columbia, while collecting roughly $1,300 less in tax.
Alberta slashing pay of highest-earning board, agency executives  The Globe and Mail
Editorial: NDP keeps spending and going into debt (with poll)  Calgary Herald
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 ...  OurWindsor.ca
Rex Murphy: In Ontario, the taxpayers sustain Wynne's green energy ...  National Post
Driving times up along Bloor since bike lanes installed, data shows
The city will take several steps to improve travel times for drivers along Bloor Street after preliminary data revealed that some rush-hour trips have increased by more than eight minutes since separated bike lanes were added to the roadway.
Bloor bike lanes boost cyclist traffic by 36%, increase drive times, says city  CBC.ca
Bloor Street bicycle lanes have increased driving times  Globalnews.ca