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Canadian markets news

Don't regulate Uber, competition watchdog says
The federal competition watchdog is urging municipal governments to relax “heavy-handed” regulations on taxis rather than crack down on alternative ride-hailing services like Uber.
Competition Bureau calls for relaxing of taxi rules in face of Uber competition  Montreal Gazette
As Calgary nears regulation Competition Bureau asks cities for open taxi system  MetroNews Canada
CTV News  
Suncor Energy raises stakes, says it won't extend COS bid beyond Dec. 4 deadline
CALGARY - Suncor Energy raised the stakes Thursday in its proposed hostile takeover of Canadian Oil Sands, saying it is willing to walk away if the Alberta Securities Commission upholds an extension to its deadline of Dec. 4 on whether to accept the deal.
Suncor won't extend COS bid if 'poison pill' defence upheld ...  The Globe and Mail
Suncor Energy Inc questions Canadian Oil Sands Ltd's ability to attract ...  Financial Post
65-unit Squamish condo development sells out in 90 minutes
The Lower Mainland's real estate craze seems to have extended to Squamish, a mountain town in the midst of a major transformation.
Barbara Yaffe: Real estate market mayhem comes to Squamish  Vancouver Sun
Real estate prices rise sharply  Squamish Chief
Goldcorp suspends Ontario mine after death
TORONTO - Goldcorp Inc, the world's most valuable gold miner, said on Thursday operations at its Musselwhite mine in northern Ontario were suspended after a scoop operator working underground was killed.
Goldcorp Inc stops operations at Northern Ontario mine to investigate fatal ...  Financial Post
Falling rocks kill Goldcorp (G) worker at Northern Ontario mine  Stockhouse
The real deal on Black Friday
When Black Friday was first introduced to Canadian shoppers a few years ago, it was unclear what kind of success the U.S. shopping tradition would see north of the border.
Black Friday losing appeal for cross-border shoppers
Why it makes sense to use your TFSA to get out of debt this Christmas  Financial Post
Resolute suspends forestry operations in Quebec region, affecting 180 jobs
MONTREAL -- Resolute Forest Products is suspending indefinitely its wood-cutting operations in Quebec's Mauricie region near Trois-Rivieres.
Resolute Forest Products says it won't pursue new FSC certifications  Financial Post
Resolute Forest Products says it won't seek new FSC certifications  The Province
Quebec's 'vibrant aircraft and parts sector' powering export growth, report says
BombardierDespite Bombardier's recent struggles, the aerospace sector will boost the Quebec's overall export level by 10 per cent in 2015 and eight per cent next year - compared to a decline of two per cent in national exports during 2015 and an ...
EDC: Quebec exports expected to surge this year and next  Vancouver Sun
40 per cent struggle at times to pay bills
TORONTO - A new survey from Manulife Bank suggests that nearly 40 per cent of Canadians have struggled to cover their household expenses at least once in the past year.
38 per cent of Canadians struggled to pay bills: poll
Survey shows 1/3 of Candians believe housing is “unaffordable”  RealtyBizNews
Ontario shrinks deficit by $1-billion with help from Hydro One sale
Ontario has shaved $1-billion off this year's deficit, bringing the shortfall down to $7.5-billion from the $8.5-billion projected in the spring budget.
Wynne drowns us in debt and taxes  Toronto Sun
Ontario's budget deficit dips to $7.5 billion, says Sousa  Toronto Star
St. John's homeowners get property assessments
Residential and commercial property assessments in St. John's are being mailed out to property owners this week. Property value increases justified, assessment agency says.
St. John's property assessments being mailed this week  The Telegram