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Canadian markets news

Varcoe: Oilpatch warily eyes future having survived worst of storm
Canada's oil industry would like to turn the page on this year as quickly as possible, but it's still stuck sailing through a turbulent time.
Oil firms hold spending amid higher prices  The Globe and Mail
Urgency to sell assets eases in oilpatch as prices rise and financial ...  Financial Post  
Environment Minister defends cabinet approval of BC LNG project
Canada's Environment Minister is defending the federal cabinet's approval of a major project to export liquefied natural gas from British Columbia after two First Nations and a fishing conservation group launched lawsuits Thursday in a bid to block the ...
Feds defend Pacific NorthWest LNG decision as court challenges filed  News1130
First Nations file for judicial review of Petronas LNG  Business in Vancouver
Police evict protesters from North Dakota pipeline site
Law enforcement officers in riot gear fired bean bags and pepper spray to evict protesters Thursday from private land in the path of the Dakota Access oil pipeline, dramatically escalating a dispute over Native American rights and the project's ...
Police begin arresting Dakota Access pipeline protesters  CTV News
Dakota Access Pipeline: More Than 100 Arrested as Protesters Ousted From Camp
Canadians evenly split on recreational marijuana, Deloitte survey finds
Forty per cent of Canadians in a recent survey said they support the notion of legalizing marijuana for recreational use, slightly more than those who said they oppose it.
Legalized Marijuana In Canada Would Be Worth Up To $22.6B Per Year  Huffington Post Canada
Recreational weed could be a $22.6B industry: study  Toronto Star
The close: Energy stocks help end TSX's slide
Canadian stocks rose on Thursday, snapping a three-day slide as some key companies posted healthy earnings and crude bounced back slightly from the lowest levels in three weeks.
TSX inches higher as price of oil rises after three-day losing streak  BNN
TSX rises as higher oil prices lift energy  Reuters Canada
Riled-up River Heights residents reject racing pigeons
A racing-pigeon enthusiast has learned River Heights is no place to practice his hobby. City council's appeals committee voted Thursday to overturn a Board of Adjustment decision that would have allowed Karim Lowen to build a pigeon aviary on his ...
Racing pigeon coop doesn't fly with Winnipeg City Hall  MetroNews Canada
Pigeons panned: Neighbourhood opposition results in denial of bird loft in ...  Winnipeg Sun
PotashCorp looks to future as Q3 profit plunges on price squeeze
SASKATOON - Potash Corp. of Saskatchewan says it's looking to better times ahead after profits were down for another quarter due to weaker prices for its three major fertilizer products.
PotashCorp Q3 profit plunges despite record volumes  CTV News
Potash Corp sees merger support; profit drops…  Western Producer (subscription)
National Bank woes underline sector's struggle in fast-changing environment
National Bank of Canada's decision to cut 600 jobs and take a $175-million restructuring charge underlines the realities of slow economic growth and a fast-changing competitive environment for Canada's banks.
National Bank cuts jobs in shift to digital  Toronto Star
National Bank warns of $128 million restructuring charge, as it cuts jobs ...  Financial Post
Budget cuts needed now to shrink provincial deficit: PCs, business
A fiscal update which featured no new cuts to provincial spending has disappointed those pushing for deficit reductions in Newfoundland and Labrador.
A victory for science and simple decency at Muskrat Falls  The Globe and Mail
Deficit a bit smaller … but still huge, Bennett announces  The Telegram
Cost and Canadian content concerns hover over warship plans
The Trudeau government formally launched the design competition to replace the navy's fleet of frigates and destroyers on Thursday, but the cost to taxpayers will be a mystery for years to come.
Level of Canadian content to play important role in bid selection
Still no word on final cost as DND opens warship design competition (subscription)