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Canadian markets news

Foreign buyers rush to beat BC implementation of new tax
One young couple went to extraordinary measures to speed up a townhouse purchase that was to close in November to beat the Aug. 2 start of a new land transfer tax on foreigners buying in Metro Vancouver.
Rush to close home sales before tax deadline overloads land registry  CTV News
BC taxes foreign home buyers and gold's lustrous climb : BUSINESS WEEK WRAP  CBC.ca
The Globe and Mail  
Enbridge profits slump following Alberta blaze
The flow of crude through Enbridge Inc. pipelines in May and June dropped as the massive Fort McMurray wildfire forced oil sands evacuations and production shutdowns, the company said in reporting a decrease in profit in its second quarter.
Wildfires continue to rage in the books of oil and gas operators  Calgary Herald
Canada's economy shrinks 0.6 per cent in worst month since 2009 recession  Financial Post
Plenty of factors keep Ottawa housing market out of the bubble
With housing prices soaring across the country, we take a look at the so-called housing bubble and the factors that are keeping homes in Ottawa more reasonably priced.
5 questions you have about the housing market  MoneySense
3 Reasons Why Canada's Housing Meltdown Won't Happen Anytime Soon  The Motley Fool Canada
Varcoe: Another spill, another setback for Canada's pipeline cause
Crews work to clean up an oil spill on the North Saskatchewan river near Maidstone, Sask on Friday July 22, 2016. Husky Energy has said between 200,000 and 250,000 litres of crude oil and other material leaked into the river.
Family reunion goes ahead, despite water woes in Saskatchewan  CBC.ca
Prince Albert, Sask. could have new water supply this weekend, after Husky ...  CTV News
Water treatment plant set for expansion at Whitecap Dakota First Nation
A water treatment facility at the Whitecap Dakota First Nation is set for expansion after provincial and federal funding was announced Friday.
Water treatment plant no longer an economic obstacle at Whitecap  Globalnews.ca
Whitecap Dakota First Nation expanding water treatment plant  CBC.ca
BC Hydro rates rise as demand slows
Revelstoke dam on the Columbia River is due to have a sixth water turbine added, but Site C is BC Hydro's priority today. - image credit: Wikimedia Commons.
Requested rate increase of 1.6% - Hydro-Qu´┐Żbec honors its commitment with a ...  Montreal Gazette
Hydro-Quebec seeking rate increase  CTV News
Contract awarded as funding plans announced for Martensville, Warman overpasses
A $60.6-million contract to build two overpasses at Martensville and Warman has been awarded to Peter Kiewit Infrastructure Co., the province announced Friday.
International company wins bid for Warman and Martensville overpasses  CBC.ca
$60.6M contract awarded for Martensville, Warman overpasses  News Talk 650 CKOM
B.C. craft beer faces another obstacle with Alberta's new grant program
Micro breweries are popping up everywhere on the west coast, making the marketplace the most competitive it's ever been. As Nadia Stewart reports, now Alberta wants to put a tax on B.C.
The Press Gallery #143: The Power Play edition  Edmonton Journal
BC upset at Alberta increasing mark-ups for craft beer by 1000%  630ched.com
Silence from Omnitrax over port layoffs, rail cuts
The northern town of Churchill and the surrounding area have been hit with a crisis this week: the layoff of workers at the port, effectively ending the short shipping season, and a cut in rail service to one train per week.
Port problem challenges prosperity on the Prairies  Brandon Sun
Port of Churchill once looked forward to 'great fleets of the future'  CBC.ca
Saskatchewan crops battle through moisture
Commodity News Service Canada - Saskatchewan crops are in generally good condition despite recent wet and windy weather, says the Saskatchewan government.
Lentil, pea crops affected by heavy rain in Saskatchewan  Globalnews.ca
Humboldt Area Leads Province in Haying Progress  Discover Humboldt