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Canadian markets news

Q4 2016 Bank Earnings – Mortgage Morsels
Another bank earnings season is in the bag. It was a quarter where Canada's Big 6 banks addressed analysts about the changing regulatory landscape.
The economic dangers of cooling Canada's housing market  The Globe and Mail
What Canadian housing market experts are predicting for 2017  BuzzBuzzNews
Urban Land  
Sears to start selling groceries
TORONTO - Sears Canada, which has been struggling with store closures and sagging sales, said Friday it will venture into the grocery business in an effort to lure shoppers.
Sears Canada doubles loss as sales slide 21%, stock down staggering 75% over ...  Financial Post
Sears Canada Ventures Into The Groceries Game  Huffington Post Canada
BRP vows to remain in Mexico even if Trump's withdrawal from NAFTA raises tariffs
MONTREAL - The maker of Ski-Doos, personal watercraft and off-road vehicles says it will maintain low-cost production in Mexico even if Donald Trump withdraws from NAFTA.
Trump's NAFTA threats a 'big dark cloud above our heads,' warns ...  Financial Post
Ski-Doo maker BRP vows to stay in Mexico if US leaves NAFTA  The Globe and Mail
Major New York markets hit second consecutive day of record highs
Major New York stock indexes hit a second consecutive day of record highs while the Toronto stock market continued its six-day rise, continuing a post-U.
MOOTZ: The Intriguing Post-Election Rally  Paradise Post
TSX extends 19-month high; Wall Street continues rally to new record  BNN
Southern Alberta mayor hopeful about Cenovus Energy's return
Medicine Hat's mayor says he's feeling optimistic about southeastern Alberta's economy after hearing Cenovus Energy is planning to drill for oil in the area next year.
The cautious optimism creeping into the oil patch 'after two years of ...  BNN
Cenovus' spending, costs on track but other firms 'more compelling ...  Financial Post
Mortgage rates may finally be bottoming out in Canada, new report says
The average price of a home across the country continued to climb in 2016 but any savings Canadians are getting from mortgage rates are getting smaller, according to a new survey.
A housing-affordability crisis? Not so fast  The Globe and Mail
Reverse mortgage ads lead to big fines  Bend Bulletin
ATU Local 615 and City of Saskatoon reach tentative agreement
The transit union has informed workers of a tentative agreement in the dispute between the union and the City of Saskatoon. File / Global News.
Saskatoon Transit workers to vote on tentative agreement  CBC.ca
Labour board to re-examine 2014 transit lockout pay  CTV News
Cold BC weather sparks 18% increase in power consumption
The snow may be blowing outside, but inside British Columbians are making themselves toasty warm by turning up the heat. This first wave of cold Arctic air increased electricity demand by 12 per cent province-wide on Tuesday.
BC Hydro usage sets new record in these freezing temperatures  News1130
Electricity demand spikes to new high as cold weather continues  CTV Vancouver Island
Setting bad example: Business group blasts MHA pension decision
The Canadian Federation of Independent Business is blasting Newfoundland and Labrador's House of Assembly Management Commission for hanging on to a lucrative pension plan.
Russell Wangersky: A plan to foil the MHA pension plan  The Telegram
NEW CFIB Disappointed New MHAs Grandfathered Into Pension Plan  VOCM
Now you can have a forever Christmas tree by choosing a 'live tree' in a pot
If you're going Christmas tree hunting this weekend, there's a new option for you to consider. A plastic tree or a real tree that has been cut down are the typical choices, but you can also find trees that are potted.
Sales of pine Christmas trees surge in Canberra  Brisbane Times
Pat Rupp: Ghosts of Christmas trees (and nuts) past  Farmington Independent