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Canadian markets news

Climate-change policies add $1-billion to Alberta expenses
One of Alberta's most controversial policies - the bundle of legislation tied to climate change - has forced the province to add over $1-billion to its expenses for the current fiscal year, a hit that comes as the government expects the deficit to ...
Alberta moving out of recession into modest recovery: quarterly update  CBC.ca
Braid: Budget still ugly, but economy looks better  Calgary Herald
Vancouver Sun  
Man claims GPS led him into Toronto transit tunnel where car got stuck: TTC
TTC workers try to free a car stuck in a streetcar tunnel in Toronto on Thursday, February 23, 2017. Transit service was delayed for hours in downtown Toronto on Thursday after a man allegedly followed GPS instructions that got him stuck in a streetcar ...
Driver says GPS led him into TTC streetcar tunnel  Toronto Sun
Streetcar service resumes after SUV removed from streetcar tunnel near Union  CP24 Toronto's Breaking News
Protesters cleared from Dakota Access pipeline camp
CANNON BALL, N.D. - Authorities cleared a protest camp where opponents of the Dakota Access oil pipeline had gathered for the better part of a year, searching tents and huts and arresting dozens of holdouts who had defied a government order to leave.
Standing Rock's last stand  The Globe and Mail
Police begin arresting last pipeline protesters at Standing Rock  CBC.ca
Port Mann's mounting losses put pressure on BC policy of tolling new bridges
VICTORIA - The Port Mann Bridge is expected to lose another $90 million next year, failing to hit its original break-even projection and casting doubt on the viability of building another tolled bridge to replace the George Massey tunnel.
We could all be paying dearly for urban sprawl from bridge  Delta-Optimist
Port Mann Bridge still in the red  News1130
'Kind of feels like an alternate Canucks logo': Vancouver design community ...
When Vancouver City Council first approved the city's rebranded logo - to the tune of $8,000 - the design was largely met with ire on social media.
'My 8-year-old could do that': Vancouver approves $8K city logo  CTV News
Opinion: When is the best time to change a logo?  BCBusiness
Canadians contributed less to their TFSAs last year, BMO survey finds
People put less money into their TFSAs last year, a new survey from Bank of Montreal suggests, and they had a good reason for doing so: they don't have enough money to save.
Canadians put less money into TFSAs in 2016: survey  CTV News
British Columbians contributed highest amounts in Canada to TFSAs  Business in Vancouver
Wages Are Falling In Canada's Low-End Jobs
Wages in the country's lowest-paid sectors are falling, while rising (albeit slowly) for others, according to new data from Statistics Canada.
Average Canadian worker earned $961 a week at the end of last year  CBC.ca
USD/CAD – Canadian Dollar Improves, Canadian CPI Looms  MarketPulse (blog)
Swelling household debt likely to slow consumer spending: Conference Board
Consumer spending growth helped bolster Canada's economy in 2016, despite sluggish job growth and wage gains - but swelling household debt will limit that spending growth, the Conference Board of Canada said Thursday.
Oil will help Alberta's economy lead Canada in 2017. But that won't ...  Globalnews.ca
Economic growth in Alberta forecast at 2.8 percent this year, the fastest of ...  630ched.com
Ontario Energy Board orders hydro firms to reconnect homes cut off for winter
Ontario's ban on disconnecting people's home electricity in the winter came into effect Thursday after the Legislature pushed through a bill Wednesday to force the hand of hydro distributors.
Keeping lights on in winter  Waterloo Record
Electricity disconnection ban set to April 30; currently 930 homes disconnected  570 News
CIBC profit tops forecasts; fate of PrivateBancorp bid looms
Doubts about the fate of Canadian Imperial Bank of Commerce's bid to buy PrivateBancorp Inc. cast a shadow over encouraging first-quarter results that included a healthy bump in profit.
CIBC committed to PrivateBancorp acquisition but will be 'disciplined ...  Financial Post
CIBC raises dividend after beating profit expectations  BNN