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Canadian markets news

The close: TSX continues fall amid growth concerns
Canadian stocks fell on Wednesday, extending the biggest drop in almost three months, as data showing a record trade deficit in March fueled declines in commodity and industrial shares.
Canadian dollar continues retreat, slides almost a penny to below 78 cents US  CBC.ca
Canadian dollar loses another cent; North American stock markets pull back  Vancouver Sun
CTV News  
Torstar's transformation difficult but necessary, CEO says
Torstar Corp. is moving toward a digital future because the status quo is not an attractive option, shareholders were told Wednesday.
Digital transition hurting Torstar as expenses rise, ad revenue falls  The Globe and Mail (subscription)
Torstar loss soars to $53.5 million as revenue falls, expenses rise  Toronto Sun
Loblaw forecasts grocery prices will fall, profit widens in first quarter
Rising food prices led to more shoppers looking for discounts on their grocery bills in the last quarter, but the head of Canada's largest grocery retailer forecasts prices will be coming back down sooner, rather than later.
Loblaw races to cut prices as grocery wars heat up  The Globe and Mail (subscription)
Canadian Grocer Loblaw Raises Dividend, Posts Stronger Profit  Wall Street Journal
Diamond the size of a tennis ball found in Canadian-owned mine could fetch C$90M
A three-billion-year-old diamond the size of a tennis ball could fetch more than C$90 million when the Canadian mining company that unearthed it puts the rock up for auction this summer.
Diamond the size of a tennis ball could fetch $70 million  Toronto Sun
Tennis Ball-Sized Diamond May Net Lucara $35 Million, CEO Says  Bloomberg
Export slowdown leads to $3.4 billion trade deficit
Canada's trade deficit has increased to $3.4 billion as March numbers cast doubt on economic growth, Statistics Canada says. (ANDREW VAUGHAN / THE CANADIAN PRESS).
Canada records biggest trade shortfall in March, and the worst may still be ...  Financial Post
US trade deficit shrinks as goods imports hit five-year low  The Globe and Mail
Council votes in favour of Bloor Street bike lanes
City council has voted in favour of moving ahead with a plan to install bike lanes along a 2.4 kilometre stretch of Bloor Street as part of a pilot project.
Council Votes In Favour Of Bloor Bike Lane Pilot Project  630ched.com
Regina announces 2016 schedule for fixing residential roads
The City of Regina has announced it will spend $5.5 million fixing residential roads this construction season. Some of Regina's rockiest roads are slated to be paved and mended.
City to invest $86 million in construction projects  Globalnews.ca
Work started on $86M of Regina road construction  News Talk 980 CJME
Exclusive: Earls reverses decision on Canadian beef
Earls, the restaurant chain that announced last week that its move to Certified Humane meat meant it would no longer source beef from Canadian farmers, has reversed its position, calling the original decision “a mistake.
Where's the beef? Earls restaurants says it's back in Canada after ...  Montreal Gazette
Earls to again buy beef from Saskatchewan and Alberta after outcry  Globalnews.ca
Tax Bill Coming, Pay At Drive Thru
And just so you're not surprised, your property tax bill will soon be on the way. The city says it's dropping 226,000 of them in the mail tomorrow.
Property tax bills coming to your Winnipeg mailbox  CBC.ca
Hundreds of thousands of property tax bills mailed out  CTV News
Winnipeg waste diversion target difficult to meet, Mayor Brian Bowman admits
Winnipeg likely won't meet its target of diverting 50 per cent of its waste from landfill by 2020, Mayor Brian Bowman admits. Bowman was pessimistic about meeting that target as the city begins the process of asking waste management companies for ...
City will miss environmental target: Bowman  Winnipeg Sun
Marion Street widening, rapid transit among priorities for Liberals cash: Bowman  MetroNews Canada