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Canadian markets news

Bank of Canada keeps key rate at 0.5% amid stronger yet uncertain global economy
The central bank said while the global economy has strengthened, persistent international uncertainty has continued to have a negative effect on business confidence and investment.
BoC's message: Canadian rates will go their own way  The Globe and Mail
Prepare for a gap to open between Canadian and US interest rates  CanadianBusiness.com
Business in Vancouver  
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 reaches deal with Competition Bureau over 'Made in Canada ...  CTV News
Dollarama earnings continue to exceed expectations
Charles Miquelon left a Dollarama store in downtown Montreal Wednesday clutching a bag stuffed with Christmas goodies - candy canes, Santa stickers, construction paper and more.
Weak Chinese economy helps Dollarama's bottom line  Toronto Star
Dollarama reports boost in profits as shoppers take to company's new ...  Financial Post
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
Pan-Canadian climate plan won't include emissions specifics
The long-awaited plan by the prime minister and premiers doesn't lay out a specific path to 524 million tonnes of greenhouse gases.
Gallant government charged up about boosting number of electric vehicles  CBC.ca
Canada set to agree carbon price, marking climate split with Trump  Reuters Canada
Lululemon beats profit estimate despite changing fashions
Lululemon Athletica Inc. beat its own profit estimate in its third quarter, demonstrating to doubters that $100 yoga pants still have legs.
Lululemon Athletica profits shoot up 28% for the quarter, company raises ...  Financial Post
Lululemon stock soars after earnings beat  Business in Vancouver
TransCanada to go ahead with $655-million Nova expansion
Alberta and British Columbia natural gas producers will have access to more pipeline capacity through TransCanada Corp.'s $655-million planned boost to its Nova system.
TransCanada to proceed with $655M northern Alberta natural gas pipeline  Calgary Herald
TransCanada to proceed with $655-million northern Alberta natural gas pipeline  CTV News
Vancouver considers extra tax hike to deal with fentanyl crisis
If the City of Vancouver really wants to deal with the fentanyl crisis, it can raise property taxes by an additional 0.5 per cent to raise an extra $3.5 million, council heard Wednesday during a special session to discuss the 2017 budget.
BC NDP asks why Vancouver is raising taxes to cover a provincial responsibility  News1130
Vancouver considers larger tax hike to combat city's fentanyl crisis  24 Hours Vancouver
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
Gear up for toll wars
Toll wars. That's what PC leader Patrick Brown is predicting if Mayor John Tory gets provincial approval to move ahead with tolls on the Gardiner Expressway and Don Valley Parkway.
Ontario commuters, the road tolls for thee  Sarnia Observer
Patrick Brown says Toronto road toll proposal will 'start a war of tolls ...  CBC.ca