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Canadian markets news

Supreme Court quashes seismic testing in Nunavut, but gives green light to ...
The Supreme Court of Canada has quashed plans for seismic testing in Nunavut, delivering a major victory to Inuit who argued they were inadequately consulted before the National Energy Board gave oil companies the green light to conduct the disruptive ...
Globe editorial: The 'duty to consult' Indigenous Canadians, and its ...  The Globe and Mail
Nunavut community wins 6-year battle to stop seismic testing in Arctic  Globalnews.ca
London Free Press  
Yedlin: Petronas decision another blow for energy sector
The decision by Malaysia's Petronas to ice its Pacific NorthWest LNG project should be a wake-up call for Canada. The company was clear on a Tuesday conference call that its decision had nothing to do with the recent change in government in British ...
Les Leyne: First Nations' LNG deals left hanging  Times Colonist
BC's LNG outlook dims after $36B Pacific NorthWest LNG project killed  National Observer
Canadian homes still overvalued, as prices went up while disposable income ...
The Canadian housing market continues to show evidence of "problematic" conditions, the Canada Mortgage and Housing Corporation said on July 25, 2017.
Housing agency maintains 'strong' risk for GTHA market  CTV News
CMHC keeps red flag hoisted on housing as new problems emerge  Financial Post
West Fraser Timber Co. to buy US lumber business for US$430 million
VANCOUVER - Canadian forestry company West Fraser Timber Co. says it has agreed to buy a U.S. lumber business for about US$430 million.
West Fraser Announces Major US Acquisition  Canada NewsWire (press release)
Here's how analysts see West Fraser Timber Co. Ltd. (TSE:WFT) after this ...  Press Telegraph
Wynne promises small-business relief to offset minimum wage hike
Ontario's premier is pledging to introduce changes in the fall to help with the costs of boosting the minimum wage to $15 in 2019.
Ontario Premier Kathleen Wynne makes swing through southwest  London Free Press
Kathleen Wynne stopping in Chatham-Kent Thursday  CTV News
The close: TSX slips as banks pull back post-Fed and CN Rail falls
Canada's main stock index slipped on Wednesday, as financial stocks fell after the U.S. Federal Reserve held its interest rates steady and as investors pulled back from Canadian National Railway and grocer Loblaw Cos Ltd after their earnings.
CN Rail beats forecasts with $1 billion profit in Q2 on higher revenues  Life in Quebec
Canadian National (CNI) Q2 Earnings In Line, Revenues Beat  Zacks.com
The cost to get adult kids out of the house? We'll pay $24000, says bank poll
A poll by Canadian Imperial Bank of Commerce says parents are willing to pay their adult children thousands of dollars, if that's what it takes to get them to leave home.
Most Canadian parents prefer to give their adult kids money than live with ...  Canada NewsWire (press release)
Better Buy: Royal Bank of Canada vs. Canadian Imperial Bank of Commerce  The Motley Fool Canada
OpenText signs deal to buy Guidance Software
Business software company OpenText has signed a deal to buy Guidance Software in a deal that values the forensic security firm at US$222-million.
OpenText set to acquire forensic security firm Guidance Software for $300 ...  BetaKit
Guidance Enters into Definitive Merger Agreement with OpenText  Stockhouse
Teck Resources beats profit estimates on higher steelmaking coal prices
(Reuters) - Canadian miner Teck Resources Ltd reported a better-than-expected quarterly profit of C$1 per share on Thursday, helped by higher prices of steelmaking coal and a weak Canadian dollar.
Teck Resources second-quarter profit jumps to C$577 mln  Nasdaq
Berenberg Bank Cuts Teck Resources Ltd (TSE:TECK.B) Price Target to C$33.00  Community Financial News
Here's how the Wage Code Bill will benefit employees
The much-anticipated Wage Code Bill which makes it mandatory for all industries to pay a minimum category of wages across all sectors to employees has been cleared by the cabinet and is to be tabled in Parliament.
New minimum wage Bill code: Good news for 4 crore workers but be ready for ...  Firstpost
Wage Code Bill cleared by Narendra Modi led Cabinet; higher, uniform wages ...  Financial Express