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Canadian markets news

FATCA has Americans renouncing citizenship, tax lawyer says
A Calgary lawyer says an increasing number of Americans living abroad are renouncing their U.S. citizenship because of a recently passed tax law.
FIs can obtain self-certification via internet banking: CBDT  Zee News
Beyond FATCA, Costa Rica Adopts “GATCA” Tax Reporting Measures  The Costa Rica Star
Financial Express  
Being hooked on debt has long-term consequences
Hooked on debt. It's an apt description for the rising debt-to-income levels currently seen in Canada and a new survey by Manulife Bank highlights there's a high price to our debt dependency—a cost that goes far beyond the low interest rates you see ...
Oil's rebound sends it to $50: BUSINESS WEEK WRAP  CBC.ca
Rising housing costs leave Canadians without retirement funds  The Insurance and Investment Journal (press release) (registration) (blog)
Bell to Pay $12M in Rebates After Competition Bureau's Text Messaging ...
George Cope, president and CEO of BCE Inc., addresses the company's annual meeting Thursday, April 28, 2016, in Montreal. (THE CANADIAN PRESS/Paul Chiasson).
Bell to pay $11.82 million for unwanted premium text messaging charges  Toronto Star
Bell customers to get $11.8M refund for unwanted premium text messages  CBC.ca
Still living with mom and dad? You are not alone, and the numbers prove it
For the first time in at least 130 years, young people between the ages of 18 and 34 are more likely to be living at home with their parents than in any other living arrangement.
Millennials Are Increasingly Living With Mom And Dad In The U.S., But They ...  Huffington Post Canada
Goodbye, empty nest: Millennials staying longer with parents  St. Augustine Record
Buckley Bay cable ferry back in service after stranding 25 passengers
The new $15-million cable ferry that makes the 10-minute trip between Buckley Bay and Denman Island stopped running during a Friday morning sailing, stranding 25 passengers.
Cable ferry breaks down mid-sailing  Comox Valley Record
Denman cable ferry resuming service after earlier stranding passengers  CHEK
Alberta and Ontario teaming up on climate change initiatives
Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne emerged from a meeting in Edmonton Thursday morning to announce the provinces are teaming up on initiatives to tackle climate change.
Kathleen Wynne says Ontario will not phase out natural gas for home heating  Toronto Star
Wynne cabinet shuffle to include more youth, women: sources  The Globe and Mail (subscription)
Toronto's Trump Tower for sale
'There are no vultures flying around,' says a developer's lawyer, denying a loan default and confirming interest from a buyer.
What's in a name? Brand battle looms for beleaguered Toronto Trump Tower  The Globe and Mail (subscription)
Trump tower in Canada close to sale, future of name in question  Reuters Canada
Whistler offers golfers more than just tee times
Golfers can make a complete vacation out of this B.C. area, with four golf courses, additional activities, and places to eat, drink and be entertained.
Whistler sees 'record-breaking' results in terms of paid room nights  Vancouver Sun
Tourism Whistler reports best year ever  Pique Newsmagazine
Gas prices up on PEI
Gas prices on P.E.I. went up 2.7 cents per litre on Saturday in an unscheduled increase approved by the Island Regulatory and Appeals Commission.
Gas prices continue to rise on PEI  Journal Pioneer
Gas prices still rising on PEI  The Guardian Charlottetown
Raymond James to Expand in Canada with 3Macs Acquisition
Raymond James Financial, Inc.'s (RJF - Analyst Report) Canadian unit, Raymond James Ltd., inked a deal to acquire MacDougall, MacDougall & MacTier Inc. (also known as 3Macs), an independent Canadian investment firm.
Raymond James Ltd. Announces Agreement to Acquire 3Macs to Create Canada' ...  Canada NewsWire (press release)