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Canadian markets news

At midday: TSX rises to 18-month high as BoC keeps rates steady
Canada's main stock index touched a fresh 18-month high in trading on Wednesday as banking and materials stocks pushed higher.
Bank of Canada keeps key interest rate target on hold  CTV News
Bank of Canada holds key rate at 0.5% as 'significant' slack lingers ...  Financial Post  
Dollarama reports boost in profits as shoppers take to company's new higher ...
THE CANADIAN PRESS/Paul ChiassonA Dollarama store is seen Tuesday, June 11, 2013 in Montreal. Dollarama Inc. saw its third-quarter profit grow to nearly $110.1 million compared with nearly $100.1 million in the same quarter a year ago.
Dollarama reports better-than-expected profit  The Globe and Mail
Dollarama sees boost in third-quarter profit, sales compared to a year ago  Toronto Star
Power rates uproar a "pile on", says Toronto Hydro CEO
Anthony Haines said electricity costs are up but still only about 2 per cent of average household costs. Anthony Haines, chief executive of Toronto Hydro, speaks at an energy industry luncheon at the Fairmont Royal York Hotel hotel on Nov. 14, 2016 ...
Exclusive: Hydro One to reconnect more than 1400 customers currently without ...
CUPE sues Ontario premier and cabinet ministers for mixing fundraising and ...  National Post
PrivateBancorp postpones vote on takeover by CIBC as analysts speculate about ...
PrivateBancorp, a Chicago-based financial services firm being acquired by Canadian Imperial Bank of Commerce for US$4 billion, has postponed a shareholder vote planned for Thursday to approve or reject the transaction.
PrivateBancorp postpones vote on CIBC's US$4B takeover to 2017  BNN
Kudos to CIBC's CEO for delaying the PrivateBancorp takeover vote. Really.  The Globe and Mail
Canadians' average debt load now up to $22081, 3.6% rise since last year
The average Canadian now owes $22,081 in consumer debt, a figure that doesn't include any mortgages, debt monitoring firm Equifax says.
More Canadians are going bust as low interest rates fuel debt binge  Financial Post
Six stories in the news today, Dec. 7
Edmonton drone user charged for 'hazardous' flying
It's a precedent for Edmonton police: The force has charged someone for unsafely operating an unmanned aerial vehicle (UAV), commonly known as a drone.
Edmonton police lay 1st charges in relation to dangerous use of a drone
Edmonton police lay first drone-related charge  MetroNews Canada
Winnipeg snow route parking ban starts tonight
City crews will be out in full force overnight plowing and sanding Winnipeg streets - and probably ticketing or towing a bunch of vehicles, too.
City extending parking ban by two hours on major snow routes  MetroNews Canada
Declared snow route ban in effect starting Wednesday evening  Digital Cameras Planet Blog (blog)
Council must close $91 million budget gap as staffing and services cuts ...
While Mayor John Tory's allies called the 2017 budget affordable, critics say its the most unfair budget in the city's history.
Sarnia city council approves 2.32% tax hike  Sarnia Observer
Toronto city manager tables budget proposal with 2 per cent property tax hike  CTV News
Gallant Liberals maintain wide lead among voters, poll suggests
The New Brunswick Liberals continue to hold a wide lead over other political parties, again earning the support of at least half of decided voters in the province, according to the most recent survey by Corporate Research Associates Inc. Support for ...
NEW Ball Rebounds in Latest CRA Poll  VOCM
BC to bear the brunt of food price inflation in 2017, report suggests
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Canada's food guide should be modernized with consumers in mind  The Globe and Mail
Food prices expected to spike the most in BC in 2017: study  News1130