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Canadian markets news

Slower Home Sales Don't Stop Canadian Mortgages From Booming
TORONTO - TransUnion Canada says the average amount owing on mortgages was up nearly five per cent in the second quarter, even though a change in Ontario regulations last spring appears to have reduced the volume of home sales.
Housing Prices Drive Mortgage Debt Levels Higher; Delinquencies near Lows  Stockhouse
Fewer, smaller mortgages seen in Vancouver after cooling measures enacted  The Globe and Mail
CBC.ca  
Canadian retail sales growth slows in June, but rate hike still expected
Canadian retail sales cooled in June after three consecutive months of solid growth, but analysts said the economy's overall tone was still strong enough to warrant another interest rate hike this year.
Retail sales inch higher to $49B in June  CBC.ca
Canada: Retail trade, June 2017  MarketPulse (blog)
Thunder Bay will benefit from promised Ring of Fire road, says Noront ...
Thunder Bay, Ont., can expect to benefit as a hub for mining activity in northwestern Ontario, now that there's a deal in place to construct road access into the Ring of Fire, a mineral-rich area in the province's far north.
Stalled Ring of Fire development 're-energized' by road announcement ...  Sudbury.com
'Ring' road deal could good for Sudbury  The Sudbury Star
CGI moves to expand in northern Europe with takeover of Affecto
Canada's largest publicly traded IT services business is moving to expand its presence in Europe through the acquisition of Affecto PLC in a friendly deal that would add about 1,000 staff in northern Europe.
Canadian outsourcer CGI to Nordic BI biz: Fancy €98m cold ones, eh?  The Register
Affecto Shares Climb On All-cash Takeover Offer Of EUR 98 Mln From CGI  Nasdaq
3-bedroom Cambie Street home on the market for $11 million
A likely tear-down hits the market for $11 million but as Ted Chernecki reports, is the seller taking advantage of a tax loophole?
Chevron sells off two more Vancouver stations for redevelopment  Business in Vancouver
Amid rush to densify, house on Vancouver's Cambie Street listed for $11M  Yahoo News Canada (blog)
US imports of German softwood up tenfold as duties weigh on Canada
U.S. imports of softwood from Germany have grown tenfold in the first half of the year as punishing duties pushed imports of Canadian softwood down.
US houses are using more Russian lumber, thanks to Canada spat  TheRecord.com
Worried About Softwood Lumber Investments? Try Hardwood Instead  The Motley Fool Canada
TSX futures higher as oil rises
Canada's main stock index futures were trading slightly higher on Tuesday as oil prices rose, buoyed by indications that supply may be tightening gradually, especially in the United States.
At the open: TSX rises as commodity prices support resource stocks  The Globe and Mail
Toronto Stocks Egde Higher in Early Trading  Baystreet.ca
Ford, Chinese partner look at possible electric car venture
In this April 23, 2016, photo, attendees take smartphone photos at a promotional event for Ford Motor Company ahead of the Auto China car show in Beijing.
Ford plugs in to China's electric car market with joint venture  Telegraph.co.uk
Ford outlines plan to build self-driving cars at scale to deploy with partners  TechCrunch
Valeant Pharmaceuticals International, Inc. (VRX) has its outstanding shares ...
Valeant Pharmaceuticals International, Inc. (VRX) shares fell and closed the day at $14.14, with the percent change of -1.74%. The company has its outstanding shares of 346.14 Million.
3 Reasons You Should Be Wary of Valeant Pharmaceuticals Intl Inc.  The Motley Fool Canada
Valeant Pharmaceuticals International Inc. - Receive News & Ratings Daily  BBNS
GEM Advertising Debuts on Inc. 5000 List of America's Fastest-Growing Private ...
NEW HAVEN, Conn., Aug. 22, 2017 /PRNewswire/ -- Inc. magazine has just unveiled its 36th annual list of America's fastest-growing private companies, the "Inc. 5000," and New Haven, CT-based communications and marketing agency, GEM Advertising, has ...
Revenue growth slower now than in the wake of 2008  Business in Vancouver
Denali Advanced Integration  PR.com (press release)