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Canadian markets news

Canada's trade deficit widens to record as exports slump
Canada's trade deficit in March unexpectedly widened to a record $3.41-billion as exports sank for a second month on widespread weakness, Statistics Canada data indicated on Wednesday.
Canadian trade deficit grows to record $3.4 billion in March: Statistics Canada  Montreal Gazette
U.S. Slowdown Spills Over as Canada Trade Gap Hits Record  Bloomberg
Wall Street Journal  
Big-city suburbs' real estate prices soar as inventory lags
After six months of searching and 18 failed offers, Kate Stoodley and her husband Neil have finally purchased their first home. "Roller-coaster of emotion is what it was," she told CBC News.
Average price of a GTA home up more than $100000 in a year  Toronto Star
Almost $1.3-million: Home prices surge in Toronto as listings dry up  The Globe and Mail
Shopify results top expectations; raises revenue forecast
Canada's Shopify Inc , a maker of software that helps retailers set up and manage online stores, posted better-than-expected results and raised its full-year revenue forecast.
Sales soar at Shopify  Ottawa Sun
Shopify Announces First-Quarter 2016 Financial Results  Digital Journal
Longueuil police seek man impersonating Canada Revenue Agency officer
The Longueuil police are asking for the public's help to find a man who is calling citizens and saying he is an officer with the Canada Revenue Agency.
Fake Revenue Canada agents target Longueuil residents  CTV News
Police blotter: traffic, CRA scams  Belleville Intelligencer
Exclusive: Earls reverses decision on Canadian beef
Earls, the restaurant chain that announced last week that its move to Certified Humane meat meant it would no longer source beef from Canadian farmers, has reversed its position, calling the original decision “a mistake.
Earls 'made a mistake' and returns to Alberta beef  CTV News
Earls backtracking on move away from Canadian beef  Calgary Herald
Essex to install 4 electric vehicle charging stations
Four electric vehicle charging stations will be installed in the Town of Essex this summer. A $252,820 grant awarded through the Electric Vehicle Chargers Ontario Program will help pay for the cost of the installation.
Fast-charging corridor for electric cars to go up between Quebec and Ottawa ...
Condo owners hungry for electric vehicles  News1130
Oil is below $44 before U.S. stockpile report
Oil tumbled to below $44 a barrel ahead of U.S. government data forecast to show nationwide crude supplies rose last week. Futures fell 2.5 percent in New York, declining for a third day after reaching a five-month high.
Was the Rally in Energy Stocks Too Much Too Soon?  Wall Street Journal (blog)
Oil down second straight day; rising output reignites glut worry | Reuters  Firstpost
WestJet profit falls 38% as Alberta slowdown continues
Canada's second-largest airline saw a sharp drop in its second-quarter profit, but still managed a better performance than analysts who cover the company were expecting.
Is WestJet Airlines Ltd. a Buy After its 5% Earnings-Induced Decline?  The Motley Fool Canada
Weak Alberta economy saps WestJet profit  Toronto Star
ADP Shows Private-Sector Hiring Cooled to 156000 in April
Hiring by the private sector cooled in April, a sign that concerns over the global economy may have impacted payroll growth at many American businesses.
U.S. Added 14100 Franchise Jobs in April, According to ADP National ...  Digital Journal
US private sector job growth slows in April  The Globe and Mail
Uber says new Quebec legislation could shut down ride-hailing service
Uber says it will shut down in Quebec if reports of proposed legislation are true. "We hope the Quebec government will take the time to consider more progressive alternatives so that it doesn't fall behind," Jean-Nicolas Guillemette, general manager of ...
/REPEAT -- Statement from Jean-Nicolas Guillemette on Toronto regulations/  Montreal Gazette