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Canadian markets news

Unemployment rates falling nationally, provincially and especially locally
The Canadian labour market topped expectations by adding another 10,700 jobs last month and dropping the unemployment rate to 6.8 per cent -- but the latest numbers raise questions about the quality of the work.
Canada's jobless rate falls to 6.8%, 11000 jobs created in November  CBC.ca
Jobless rate slides despite decline in full-time work  Toronto Star
Huffington Post Canada  
Caisse and DP World partner up for shipping port investments
Caisse de d�p�t et placement du Qu�bec is teaming up with marine terminal giant DP World to invest in shipping ports around the globe, starting with two hubs on Canada's West Coast.
Caisse partners with UAE firm to create $5-billion investment platform in ...  Vancouver Sun
Caisse, Dubai's DP World Create $3.8-Billion Port Venture  Bloomberg
Canada's banks weather choppy quarter and gear up for stronger U.S. in 2017
It's been a choppy quarter for Canada's big banks, and investors have reacted accordingly. Banks that have topped expectations (CIBC, Bank of Nova Scotia and National Bank) have seen their stocks rise handsomely this week.
National Bank raises dividend despite 11% drop in profit; launches bond fund ...  Financial Post
2 of Canada's 6 Largest Banks Just Did This  The Motley Fool Canada
Air Miles collectors disappointed with how expiration policy was handled
A St. Malo man is frustrated he won't get reimbursed for Air Miles he spent in anticipation of an expiration policy, which has since been cancelled.
Rob Carrick: Air Miles reversal is a 'bogus victory'  The Globe and Mail
Air Miles nixes expiry policy but some customers angry they rushed to spend ...  CBC.ca
'Making Stelco great again': A Hamilton steel company changes its name back
Just over 13 months after the U.S. Steel flags came down at the Hamilton Works steel mill, new flags bearing a new - but century-old - name went up Friday, heralding new jobs and a hoped-for new era of independence.
Stelco begins hiring to fill key roles as it prepares to operate independently  CTV News
Return of Stelco: Hamilton, Nanticoke, Ont. plants cast off US Steel label  CanadianManufacturing.com
Government set to cede Sir John Carling site after politicians unite on ...
Heritage Minister M�lanie Joly says the federal government will make the former Sir John Carling site available to the Ottawa Hospital for its future Civic campus, according to a statement from her office.
Updated: Sir John Carling site approved by heritage minister as location for ...  Ottawa Citizen
Heritage Minister approves Sir John Carling site for new Ottawa Hospital campus  CTV News
Government lending crackdowns can't stop Toronto housing market as Calgary ...
New data out Friday shows tougher lending rules are doing very little to slow down the housing market in Toronto while in Calgary realtors are lamenting how the changes to government regulations have waylaid any recovery in its market.
Vancouver home sales plunge 37% in November  BNN
Strange smell in Toronto tap water due to water treatment plant upgrades
Toronto Water says the strange taste and smell some Toronto residents started noticing in their tap water last night is connected to treatment plant upgrades.
City says East York tap water still safe despite reports of weird taste  CTV News
Tap water tasting like 'chemicals' reported in east-end Toronto  Globalnews.ca
Gas Prices Will Rise To Almost $1.08 Per Litre Tonight, Expert Warns
One of Canada's leading gas price experts warns prices will not dip below $1.00 per litre for the forseeable future. Gas Buddy Senior Petroleum Analyst Dan McTeague told AM980 that the gas price hike this week has brought–expected to further rise to ...
List of unemployment rates by Canadian province for month of November  680 News
Calgary pump prices expected to rise as oil rebounds  CBC.ca
Coast guard urges oil be removed from decades-old shipwreck off Newfoundland coast
Cargo vessel Manolis L. sank in 1985 with over 500 tonnes of fuel and diesel on board. The coast guard's regional director, Anne Miller, said a recent survey indicated 'the vessel is stable on the bottom and the structural integrity of the vessel is sound.
Coast guard recommends removal of oil from wreck off Newfoundland coast  Times Colonist
Canadian Coast Guard recommends removal of oil from Manolis L  CBC.ca