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Canadian markets news

Canadian dollar tops 80 cents US for 1st time in 2 years
The Canadian dollar climbed above 80 cents US on Monday morning for the first time since the summer of 2015. The loonie rose a third of a cent, pushed by strong data on manufacturing sales and a glowing assessment of the country's economic outlook by ...
Canadian dollar climbs above 80 cents US  CTV News
Canadian dollar tops 80 cents (US) as economy gathers steam  The Globe and Mail
Financial Times  
IMF sees Canada leading G7 this year; US fading as growth engine
The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund. The fund left its forecast for global growth unchanged in the latest quarterly update to its World Economic Outlook, released ...
IMF predicts Canada will pass the US to top G7 growth this year  Financial Post
IMF upgrades eurozone, Japan; leaves world outlook unchanged  National Post
Sears Canada faces online calls for boycott over treatment of ex-employees
Sears Canada is facing a social media campaign calling for a boycott after the company said it planned to pay millions in bonuses to keep executives on board during restructuring, while not offering severance to laid-off workers.
BNN's Daily Chase: Q2 earnings kick into high gear; Conservatives unite ...  BNN
Online calls to #BoycottSearsCanada over treatment of ex-employees  St. Catharines Standard
Cannabis-related offences down again in 2016
OTTAWA - The number of cannabis-related offences reported to police was down again last year, for the fifth time in a row. Statistics Canada says there were about 55,000 offences related to marijuana reported to police in 2016, which is about 6,000 ...
Canada: Wholesale trade, May 2017  MarketPulse (blog)
Statistics Canada says wholesale sales hit $61.6B in May, record high  Financial Post
Winnipeg airport workers on strike
Winnipeg airport workers began a strike Monday morning after failing to reach a tentative agreement with the Winnipeg Airports Authority.
Strike by members of two unions takes flight at Winnipeg's airport  Financial Post
Strike begins for 150 Winnipeg airport workers
OPEC moves to cap Nigerian oil output, boost production cut compliance
OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts to help clear excessive global stocks and support flagging prices.
At the open: TSX falls in broad retreat led by big banks  The Globe and Mail
Russia calls for tighter compliance with oil output cuts  Financial Post
Norbord OSB mill in 100 Mile House, BC, resumes production after wildfires
Norbord Inc. says its oriented strand board mill in 100 Mile House, B.C., resumed production over the weekend. The company says work restarted after an evacuation order for 100 Mile House and nearby communities was lifted.
Norbord's 100 Mile House, British Columbia OSB Mill Resumes Production  Canada NewsWire (press release)
New pension manager IMCO revs engine
Canada's pool of major pension fund investors is getting a little deeper with the launch of an organization that will gather up fund assets in Ontario.
New Ontario Based Asset Manager IMCO begins to Manage $60B of Assets  Canada NewsWire (press release)
Rayonier says two biggest Tembec investors support revised offer
Rayonier Advanced Materials (NYSE:RYAM) raises its takeover bid for Tembec (OTCPK:TMBCF) to C$4.75/share in cash or stock, representing a 61% premium over the closing price on May 24 when the original deal was announced.
Rayonier ups offer for Tembec, wins support from shareholders who opposed deal  SooToday
Rayonier Advanced Materials Inc (NYSE:RYAM) Sees Significantly Higher ...  First News 24
Japanese underwater robots dive inside Fukushima reactor to capture ...
A trove of new images captured in the past few days show what is likely to be melted nuclear fuel from inside one of Japan's wrecked Fukushima reactors, a potential milestone in the cleanup of one of the worst atomic disasters in history.
Fukushima robot reveals first sign of melted fuel in submerged reactor  CNN
Robot probes Fukushima reactor in clean-up effort  Financial Times