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Canadian markets news

Cenovus snaps up ConocoPhillips assets for $17.7-billion
Cenovus Energy Inc. is bulking up in a $17.7-billion deal to more than double its production as the repatriation of Canada's oil sands winnows control of the resource to a handful of domestic players.
Cenovus Energy buying most of ConocoPhillips's Canadian assets for C$17.7B  Times Colonist
ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion  Reuters Canada
Financial Post  
Lululemon shares plummet as retailer's outlook fades
Lululemon Athletica Inc.'s shares tumbled 17 per cent in after-hours trading after the yoga wear retailer warned of a sluggish first quarter amid stiffening competition in the so-called athleisure fashion sector.
Lululemon shares drop after weak outlook  CBC.ca
Lululemon sees net revenue of US$789M in fourth quarter, US$2.3B for 2016  Vancouver Sun
Cross-Canada youth passes sold out after promo, Via Rail says
TORONTO - Via Rail said early Thursday that all available $150 youth passes for unlimited travel across Canada in July had been sold out after the sales were derailed on Wednesday due to high demand on its website.
Via Rail website derails for youth trying to buy pass for unlimited rides in ...  CityNews
Canada 150 Via Rail pass a golden ticket to Churchill, if you can get one  MetroNews Canada
BC envoy says softwood lumber negotations 'in the hands of the US'
British Columbia's softwood trade envoy says there's a slight opportunity to quickly negotiate a new lumber agreement between Canada and the United States, but if a deal can't be reached by the summer or fall it could mean a lengthy fight.
BC envoy says the window is open slightly for softwood lumber deal with US  Lethbridge Herald
BC's trade envoy calls softwood lumber situation with US uncertain  630ched.com
Brown calls Wynne's attempt to portray him as sexist a 'mistake'
PC Leader Patrick Brown's speech on “affordability” issues like hydro bills drew an audience of 70 men and four women. “I think it's easy for Kathleen Wynne to attack and smear rather than defend her own record,” Brown said Wednesday after a speech at ...
Reducing size of Greenbelt not on the table, Wynne says  CTV News
NDP critical of Sudbury's MPP over hydro rates  The Sudbury Star
A by-the-numbers look at government spending on child care in Canada
OTTAWA - The Liberals have promised to spend $7.5 billion over a decade on child care to fund spaces in provinces and territories, as well as indigenous child care on and off-reserve.
Liberals plan to spend $195M on research into child care in Canada  CTV News
Minister Duclos in Toronto to talk Budget 2017 investments to boost funding ...  Canada NewsWire (press release)
Landslide halts Amtrak train service between Seattle and Vancouver
A landslide in South Surrey, B.C., has shut down Amtrak train service between Vancouver and Seattle. Amtrak said BNSF, which owns the railway, has suspended passenger railway traffic on the tracks until Friday, March 31.
Landslides halt Amtrak service between Seattle and Vancouver  Globalnews.ca
Hillside slides disrupt trains in South Surrey, White Rock  Surrey Now
Picton water treatment plant reopens, but water emergency remains in place
PICTON, Ont. -- A southeastern Ontario community continues to grapple with a water crisis after a sunken barge leaked contaminants into a bay on the north shore of Lake Ontario.
Plans underway to lift partially sunken barge from Picton Bay  CBC.ca
State of emergency in PEC  The Kingston Whig-Standard
Ford Canada CEO to make announcement at Essex Engine Plant
Ford Canada's CEO Mark Buzzell and president of the Americas Joe Hinrichs will hold a news conference at the Essex Engine Plant Thursday.
Trudeau, Wynne to make announcement at Essex Engine Plant  CTV News
Updated: Trudeau, Wynne to join Ford chiefs at Essex Engine Plant  Windsor Star
Asian stocks lower after Wall Street falters
HONG KONG - Asian stocks are drifting lower on Thursday after a lacklustre performance on Wall Street. KEEPING SCORE: Tokyo's benchmark Nikkei 225 index dipped 0.3 per cent to 19,167.86 and South Korea's Kospi slipped 0.3 per cent to 2,161.05.
Asian stocks drift lower after lacklustre Wall Street finish  The Daily Courier (subscription)