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Canadian markets news

Inflation rate jumps to 2.1% on higher gasoline and shelter costs
The cost of living in Canada rose by 2.1 per cent in the year up to January, a sharp increase from the pace in December. Statistics Canada reported Friday that the annual inflation rate rose to 2.1 per cent last month, from 1.5 per cent.
Inflation rate spikes as carbon taxes hit gasoline prices  The Globe and Mail
Inflation rate rises to 2.1%, fuelled by gas prices as new carbon policies ...  Vancouver Sun
Winnipeg Free Press  
Caisse posts 7.6% return boosted by commodities rebound, strong bank stocks
Caisse de d�p�t et placement du Qu�bec tallied a 7.6-per-cent return in 2016, helped by strong gains in Canadian equities as oil and commodity prices recovered and bank stocks steamed ahead.
La Caisse posts a 10.2% five-year annualized return  Canada NewsWire (press release)
Caisse de depot earns 7.6-per-cent return in 2016 as assets grow to $270.7 ...  Montreal Gazette
Auto parts giant Magna raises concerns about protectionist trade measures
AURORA, Ont. -- Canadian auto parts giant Magna International Inc. (TSX:MG) raised concerns Friday about the rise of protectionist trade measures in an era of U.S.
Magna warns of Trump, Brexit impact; raises dividend  The Globe and Mail
Magna International Inc warns rising global protectionism could have ' ...  Financial Post
MacDonald Dettwiler to buy satellite imagery firm DigitalGlobe for $3.1 billion
MacDonald Dettwiler and Associates Ltd (MDA.TO) said on Friday it had agreed to buy U.S.-based satellite imagery provider DigitalGlobe Inc (DGI.
MDA acquires satellite imagery firm DigitalGlobe in $4.7B deal  CanadianManufacturing.com
MDA to Acquire DigitalGlobe (DGI) in $3.6B Deal  StreetInsider.com
RBC boosts dividend after profit surges 24% to record $3 billion, beating ...
BloombergRoyal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion. Twitter · Google+ · LinkedIn · Email · Typo?
RBC boosts payout, shuffles executives as profit jumps 24%  The Globe and Mail
RBC grows first-quarter profit by 24 per cent to $3.03 billion  CTV News
Some GO trains, VIA Rail trains back up and running after CN Rail outage
Some commuter trains in southern Ontario and some VIA Rail trains are moving again after a power outage at the CN Rail traffic control centre in Toronto.
GO, UP Express train service resumes following service outage  Toronto Star
Service disrupted on all GO trains, UP Express due to power outage  CP24 Toronto's Breaking News
Uber Stole Self-Driving Car Tech, Google-Founded Company Claims
A self-driving car company founded by Google is colliding with ride-haling service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed.
Aiphabet's Waymo Alleges Uber of Theft of Confidential Files  Zacks.com
It's not often Google goes on the IP attack, so its suit against Uber is ...  IAM (registration) (blog)
Driving times up by as much as 8 minutes along Bloor since bike lanes installed
The city will take several steps to improve travel times for drivers along Bloor Street after preliminary data revealed that some rush-hour trips have increased by more than 8 minutes since separated bike lanes were added to the roadway.
Bike lanes on Bloor St. have increased driving time and boosted number of ...  Toronto Star
Changes coming to Bloor bike lanes, city says  680 News
Liberals thank Kathleen Wynne at Queen's Park but will voters? - Robert Fisher
Ontario Liberal MPP's were giving thanks to Premier Kathleen Wynne in the first week as the legislature returned at Queen's Park.
Kathleen Wynne re-appoints Ed Clark for another year of counsel  Toronto Star
Labour law review poses test for Ontario Liberals  Standard Freeholder
Lack of notification of Sarnia fire frustrates officials
It took two hours for Jeff Friedland, director of St. Clair County Homeland Security and Emergency Management, to hear about what appeared to be a massive fire in Sarnia's Chemical Valley late Thursday.
Imperial Oil says all-clear issued after operating issue at Sarnia, Ontario site  Reuters
Towering flames at Imperial Oil in Sarnia not a safety concern, says company  Yahoo News