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Canadian markets news

Canada's economy surges for second month, bolsters outlook
Canada's gross domestic product surged for the second straight month in July, bolstering confidence that the economy is back on track after a slumping spring marred by the Alberta wildfires.
Canadian economy continues rebound: StatsCan  CTV News
Canadian GDP grew by 0.5% in July on oilsands rebound  
Petronas weighs sale to exit $27B Canada LNG project: sources
Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27-billion Canadian liquefied natural gas (LNG) plant, three people familiar with the matter said this week.
Malaysia's Petronas weighs sale to exit $11.4B BC LNG project: Report
Petronas can still thrive with PNW LNG approval despite potential sell of ...
Oil falls on firmer dollar and profit-taking after OPEC rally
Oil prices fell as the dollar strengthened on Friday and investors cashed in on crude's 6 per cent one-day rise after OPEC members agreed on output cuts for the first time in eight years to stifle a two-year price slide.
Varcoe: After two years of oil trouble, OPEC strikes deal — but don't ...  Calgary Herald
If Trump wins, watch gold top US$100 overnight, analyst predicts
Samsung recommends washing bedding on delicate to prevent injury risk in top ...
Samsung says it is working with Health Canada to address potential safety issues with certain top-loading, high-efficiency washing machines that can vibrate to the point where they could pose a risk of injury or property damage.
Samsung Canada Working with Health Canada Regarding Potential Safety Issues ...  Edmonton Journal
Friday's TSX breakouts: This stock has 9 unanimous 'buy' calls and a ...
It has been a tumultuous week with equity markets vacillating, fueled by volatility in the price of oil. This morning, crude oil prices are down slightly.
Canada Stocks Most Expensive in 14 Years as Commodities Surge  Bloomberg
Canadian stocks are loving this energy burst, but Wall Street sinks on Apple ...  Financial Post
Foreign-buyers tax too little, too late, Vancouver mayor says
The B.C. government waited too long to crack down on soaring home prices in Vancouver, and middle-class families can now no longer afford a detached house in the city, Vancouver Mayor Gregor Robertson says.
Airbnb could face penalties for unlicensed hosts under Vancouver proposal  Vancouver Sun
What is Vancouver doing with Airbnb, and what does it mean for Toronto?  MetroNews Canada
Alberta to introduce tax credit for investments in small businesses up until 2019
The Alberta government plans to introduce a tax credit for investments in small businesses in the fall sitting of the legislature.
Alberta plans tax credit for investments in tech, tourism
Alberta gets $3M to attract business headquarters to Calgary  PLANT
Need a 1-bedroom apartment with community housing? You might wait 9 years in ...
As Toronto gets ready to host a national housing summit Friday, where stakeholders and government officials will discuss ways to address homelessness and the shortage of affordable housing, there are many in the city for whom it isn't just a talking ...
About 200 stakeholders participating in Toronto summit on affordable housing  CP24 Toronto's Breaking News
How to tackle the housing crisis in Canada's cities  The Globe and Mail
Trudeau defends LNG project approval as splitting differences among critics
OTTAWA - Prime Minister Justin Trudeau used a Goldilocks defence Wednesday in an effort to position the federal Liberals in the sweet spot of a boiling debate over energy development and environmental protection.
Government greenlights Pacific NorthWest LNG, but will the project be stopped?  Toward Reconciliation
For Petroleum News  Petroleum News
'Why did it take this long?' Clean water delivered to NS First Nation after ...
A Nova Scotia First Nation that has had thick, murky water running from its taps for years has started receiving shipments of clean drinking water from nearby communities, but residents say the problem is far from resolved.
Eskasoni to provide bottled water for Potlotek First Nation
Frustration mounts over Potlotek water woes