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Canadian markets news

B.C. to legislate $36-billion agreement with Pacific NorthWest LNG
VICTORIA - Finance Minister Mike de Jong says the potential economic returns from British Columbia's first liquefied-natural-gas deal will outweigh any targeted-tax tradeoffs included in a 25-year deal he expects to table in the legislature next week ...
Agreement with BC lets LNG group seek compensation if taxes increase  The Globe and Mail
LNG protected from tax hikes for 25 years in deal with BC government
Vancouver Sun  
Greece debt crisis: PM Tsipras to present new plan at eurozone summit
Greek Prime Minister Alexis Tsipras is expected to present new proposals at a Eurozone emergency summit on his country's growing debt crisis.
Germany, France press Greece to make fast, credible proposals  Reuters Canada
Greek PM to restart bailout talks  Irish Independent
UPDATE 1-Canada's Denison Mines to buy Fission Uranium
(Adds details on takeover, CEO quote). July 6 (Reuters) - Denison Mines Corp on Monday agreed to buy competitor Fission Uranium Corp for around C$483 million ($381.97 million), creating a diversified Canadian uranium company with projects centered on ...
Canada's Denison Mines to buy Fission Uranium  Reuters Canada
Lundin family to buy Fission Uranium in $500-million deal  The Globe and Mail (subscription)
Bank of Canada survey points to regional divide in confidence amid low oil
OTTAWA - There is a divide in business confidence across the country as low oil prices weigh on the outlook for some regions more than others, according to the latest reading from the Bank of Canada.
Canada in recession, rate cut likely: TD  Toronto Star
Bank of Canada sees 'some encouraging signs' outside of oil sector
Dry conditions out west push beef prices even higher
CALGARY - Beef prices continue to climb to new highs as dry conditions persist in Canada's cattle heartland. According to data released Monday by Statistics Canada, the price of 45 kilograms of Alberta beef at slaughter rose to $192.80 in May.
Alberta beef prices hit new high as dry conditions persist in the Prairies  Winnipeg Free Press
Expensive Steaks Here to Stay as Drought Cuts Canada Cattle Herd  Bloomberg
TSX retreats on oil slide, Greece uncertainty
TORONTO (Reuters) - Canada's main stock index slipped on Monday after Greek voters rejected debt bailout terms, endangering the country's future in the euro zone and pummeling oil prices.
TSX retreats as oil price plunges  Toronto Star
The close: TSX falls as commodities slide on Greece, China concerns  The Globe and Mail
SNC-Lavalin says Ottawa not going far enough in changes to anti-corruption rules
MONTREAL - SNC-Lavalin says the federal government's softening of anti-corruption rules doesn't go far enough and raises new legal questions.
Ottawa relaxes integrity rules for firms doing business with government  The Globe and Mail
Starbucks To Increase Prices On Certain Beverages Starting Tuesday
LOS ANGELES ( - Your morning latte at Starbucks will set you back a few more cents starting Tuesday. That's because the nation's largest coffee chain is raising prices from 5 to 20 cents on many drinks.
Starbucks is hiking prices, again  CNNMoney
Starbucks Raises Price of Coffee—Again  Complex
Agency downgrades Ontario's credit rating
If Ontario residents want to look on the bright side, they can take solace that the province certainly isn't a fiscal basketcase of Greek proportions.
Ontario's credit rating downgraded over heavy debt load, budgeting  The Globe and Mail
Ontario downgrade by Standard and Poor's called 'hardly surprising ...  National Post
Financial watchdog 'flabbergasted' at foregone grazing lease dollars
"The department cannot demonstrate that the grazing lease program is meeting defined objectives," Auditor General Merwan Saher said in his report, on July 6, 2015.
Mental health, climate strategies not being implemented: auditor general  Edmonton Journal
Auditor general recommends province focus on results in 2015 service review  CTV News