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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.
Six stories in the news today, Dec. 8  TheChronicleHerald.ca
A look at the five women in contention to grace...  Waterloo Record
Business in Vancouver  
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 quarterly sales top expectations, shares jump  Reuters Canada
Urban business leaders push government to improve Canadian airport policies
MONTREAL - A coalition of business leaders in Canada's largest cities is putting pressure on Ottawa to reduce security screening times and cut travelling costs to bolster a prime engine of the country's economy.
Alberta Premier Notley showed courage visiting BC to promote pipeline, says ...  Toronto Star
Man driving to work in snowstorm in Manitoba helps lost elderly man walking  MetroNews Canada
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
National climate plan to be finalized this week but don't expect to see many ...
OTTAWA - The long-awaited pan-Canadian climate plan to be finalized this week by Prime Minister Justin Trudeau and the premiers won't include a detailed account of how Canada will meet its international 2030 emissions target.
Plan to meet or exceed Canada's 2030 climate change target to be signed ...  CBC.ca
Premiers keen to talk health care with Trudeau  Toronto Star
Vancouver eyes property tax hike to fight overdose crisis
Vancouver city council is considering charging homeowners an extra 0.5 per cent in property tax to pay for more resources to combat the fentanyl overdose crisis.
Property-tax increase proposed to fight Vancouver drug crisis  The Globe and Mail
Vancouver proposes new property tax increase to combat opioid crisis  Globalnews.ca
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.
Wynne sued over Hydro One sale  Toronto Sun
CUPE officially files lawsuit against Wynne over sale of Hydro One  CTV News
Search-plane decision ends 12-year procurement odyssey
More than a dozen years after they were first ordered, the program to buy new military, fixed-wing, search-and-rescue planes has cleared its last hurdle, with European defence giant Airbus expected to come out the winner.
Sajjan to announce Airbus C-295 aircraft as winner of fixed wing search and ...  Ottawa Citizen
Airbus set to win Canadian deal for search-and-rescue aircraft: source  The Globe and Mail
Trans Mountain pipeline expansion conflict continues in British Columbia
Premier Christy Clark says that while it was courageous for her Alberta counterpart to travel to British Columbia to argue in favour of the Trans Mountain pipeline expansion, it's ultimately up to Prime Minister Justin Trudeau to explain his government ...
Harry Sterling: Trans Mountain approval a game-changer  Times Colonist
Yedlin: Energy illiteracy alive and well in Canada  Calgary Herald
BC community groups wait months to hear news of gaming grants
Twenty community groups in British Columbia have been waiting since at least May to hear from the provincial government to find out if they will receive grants.
BC government considers increasing community gambling grants  Vancouver Sun
Auditor calls for better management of gaming grants program  KelownaNow