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Canadian markets news

Canada Goose to open its first retail stores in Toronto and NYC
Iconic Canadian brand Canada Goose, known for its popular luxury outerwear, said Thursday it plans to open its first retail stores this autumn.
Canada Goose to open Toronto, New York retail stores this fall  Toronto Sun
Canada Goose makes its mark with first flagship retail locations  Canada NewsWire (press release)
Fortune  
At midday: TSX rises as oil tests out $50 a barrel
Canada's main stock index rose to a fresh nine-month high on Thursday as mining stocks rallied, while stronger-than-expected earnings from the country's biggest bank by market value helped financials edge higher.
Crude prices crack US$50, lending strength to loonie  CTV News
WTI price briefly back above $50 US for 1st time since October  CBC.ca
Budweiser targets non-alcoholic beer market with 'Prohibition Brew'
The Labatt Brewing Company is targeting fast food chains and unlicensed food trucks with a new non-alcoholic beer dubbed “Budweiser Prohibition Brew.
Brewer hopes to boost sales of non-alcoholic beer with Budweiser Prohibition ...  The North Bay Nugget
Budweiser taps into non-alcoholic market  TheChronicleHerald.ca
Retail business boosts Canadian banks' profits
Higher U.S. earnings also helped bottom lines of TD, Royal Bank; soured energy loans weighed on BMO's second-quarter results. TD's iconic towers on Bay St. in Toronto, flanked by the other major banks.
Canadian Imperial Bank of Commerce Reports Strong Q2 Results, Hikes Dividend ...  The Motley Fool Canada
CIBC hikes dividend as profit rises, but bad oil loans climb  The Globe and Mail (subscription)
CIBC raises dividend as second-quarter earnings rise
CIBC saw its second-quarter profit grow to $941 million, up 3.3 per cent from the same period last year despite an increase in provisions for soured loans to the oil and gas sector and writeoffs in its personal lending portfolios.
CIBC reports increased second-quarter earnings, boosts dividend  Montreal Gazette
CIBC - Canadian Imperial Bank of Commerce: CIBC Announces Second Quarter ...  The Wall Street Transcript
Why the Bank of Canada is just fine with a weaker loonie
It is difficult trying to discern what Bank of Canada Governor Stephen Poloz really thinks about the exchange rate. Officially, he is agnostic.
Stephen Poloz, and a potential Canadian rebound foretold: Don Pittis  CBC.ca
Wildfires in Alberta will hurt economic growth, Bank of Canada says  Macleans.ca
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.
Ontario to spend $100M to introduce renewable natural gas to energy mix  CTV News
Alberta and Ontario to jointly fight climate change  CanIndia News
Raymond James to buy Canada's MacDougall MacDougall & MacTier
National PostRaymond James's purchase of the Toronto-based company, known as 3Macs, will create an investment dealer with more than $33 billion in assets under administration.
Raymond James, 3Macs CEOs discuss acquisition  Advisor.ca
Raymond James buying venerable investment firm 3Macs  Brandon Sun
Power outage leaves residents in St. Lawrence Market in the dark overnight
Residents in the St. Lawrence Market area will likely wake up without power this morning as crews continue to work on restoring it after outages were reported Wednesday evening.
Power restored in St. Lawrence Market area after outage Wednesday night  Globalnews.ca
News you can use for Thursday, May 26, 2016  CP24 Toronto's Breaking News
MTS cell tower plan for River Heights gets bad reception
Better cellphone coverage? Not in my backyard. That's the message from a mother of two in Winnipeg's River Heights neighbourhood.
Proposed cell phone tower angers River Heights residents  Globalnews.ca
Mom Upset About Planned River Heights Cell Tower  630ched.com