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Canadian markets news

At midday: TSX rises to 18-month high as BoC keeps rates steady
Canada's main stock index touched a fresh 18-month high in trading on Wednesday as banking and materials stocks pushed higher.
Bank of Canada keeps key interest rate target on hold  CTV News
Bank of Canada holds key interest rate steady again
Dollarama reports better-than-expected profit
Canadian value retailer Dollarama Inc. reported better-than-expected profit for its latest quarter as its customers made fewer purchases but spent more money over all.
Dollarama reports third-quarter profit and sales up $10M from year ago  Financial Post
Dollarama's profit jumps 10% on more in-store spending  BNN
Moose Knuckles, Competition Bureau reach deal over made-in-Canada concerns
High-end winter jacket maker Moose Knuckles and the Competition Bureau have reached a deal over concerns about made-in-Canada claims in the company's advertising and labelling of some of its parkas.
Moose Knuckles strikes deal with Competition Bureau over made-in-Canada concerns  The Globe and Mail
Competition Bureau resolves made-in-Canada dispute  Radio Canada International
Exclusive: Hydro One to reconnect more than 1400 customers currently without power
(Dec. 06) The mother of an Ontario family describes how her family's hydro was disconnected after they were unable to keep paying thousands for their power.
CUPE officially files lawsuit against Wynne over sale of Hydro One  CTV News
CUPE sues Kathleen Wynne, two ministers to halt sale of Hydro  Toronto Star
Canadians' average debt load now up to $22081, 3.6% rise since last year
The average Canadian now owes $22,081 in consumer debt, a figure that doesn't include any mortgages, debt monitoring firm Equifax says.
Disappearance of northwestern Newfoundland woman now considered suspicious  570 News
Six stories in the news today, Dec. 7
North American stock markets finish moderately higher as oil and gold retract
TORONTO - Stock markets in Toronto and New York racked up some moderate gains Tuesday, as commodities softened and oil prices pulled back form a four-day rally.
CANADA STOCKS-TSX rises as higher gold prices support mining shares  Reuters
CANADA STOCKS-TSX futures flat ahead of trade balance data  Business Insider
'Danger Report': Real estate pros fret court could break lock on secret sales data
There's little doubt Canada's real estate industry feels under siege these days. Just check out the recent Danger Report commissioned by the Canadian Real Estate Association (CREA), which analyzes "negative game changers emerging in real estate.
Toronto Startup Crowdsourcing Home Sold Data; Awaiting Tribunal's decision  The Province
TREB makes final pitch to appeal Competition Tribunal ruling  REM | Real Estate Magazine
Province punts 2 major decisions in new climate action plan
The New Brunswick government has unveiled its climate change action plan but is putting off two major decisions that could carry heavy political risks.
Price on carbon left out of NB government's climate change action plan  CTV News
Price on carbon and phasing out coal included in New Brunswick climate plan  MetroNews Canada
PrivateBancorp postpones vote on CIBC's US$4B takeover to 2017
PrivateBancorp announced on Wednesday that it is postponing a special meeting for shareholders to vote on a US$4-billion takeover offer from CIBC.
Chicago-based PrivateBancorp delays shareholder vote on CIBC takeover offer  Toronto Star
Business am: CIBC takeover deal in limbo, Harry Potter's success is a puzzle  Montreal Gazette
Council must close $91 million budget gap as staffing and services cuts ...
While Mayor John Tory's allies called the 2017 budget affordable, critics say its the most unfair budget in the city's history.
Toronto city manager tables budget proposal with 2 per cent property tax hike  CTV News
Toronto's city budget favours cuts and deferrals instead of tax hikes  CJOB