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Canadian markets news

Torstar's transformation difficult but necessary, CEO says
Torstar Corp. is moving toward a digital future because the status quo is not an attractive option, shareholders were told Wednesday.
Digital transition hurting Torstar as expenses rise, ad revenue falls  The Globe and Mail (subscription)
Torstar loss soars to $53.5 million as revenue falls, expenses rise  Toronto Sun
Digital Journal  
The close: TSX continues fall amid growth concerns
Canadian stocks fell on Wednesday, extending the biggest drop in almost three months, as data showing a record trade deficit in March fueled declines in commodity and industrial shares.
Canadian dollar loses another cent; North American stock markets pull back  Vancouver Sun
Canadian dollar continues retreat, slides almost a penny to below 78 cents US  CBC.ca
Diamond the size of a tennis ball found in Canadian-owned mine could fetch C$90M
A three-billion-year-old diamond the size of a tennis ball could fetch more than C$90 million when the Canadian mining company that unearthed it puts the rock up for auction this summer.
Diamond the size of a tennis ball could fetch $70 million  Toronto Sun
Tennis-ball-sized diamond could bring $90 million at London auction  Toronto Star
Canada records biggest trade shortfall in March, and the worst may still be on ...
Daniel Hayduk/Sun MediaThe country's shortfall was substantially bigger than estimated, as the impact of the international collapse in oil prices continued to squeeze demand for Canada's exports.
Export slowdown leads to $3.4 billion trade deficit  Toronto Star
Canada's trade deficit jumps to record $3.4B in March as exports plunge  CBC.ca
Regina announces 2016 schedule for fixing residential roads
The City of Regina has announced it will spend $5.5 million fixing residential roads this construction season. Some of Regina's rockiest roads are slated to be paved and mended.
City to invest $86 million in construction projects  Globalnews.ca
Work started on $86M of Regina road construction  News Talk 980 CJME
Tax Bill Coming, Pay At Drive Thru
And just so you're not surprised, your property tax bill will soon be on the way. The city says it's dropping 226,000 of them in the mail tomorrow.
Property tax bills coming to your Winnipeg mailbox  CBC.ca
Hundreds of thousands of property tax bills mailed out  CTV News
New electric vehicle chargers coming to Amherstburg and Essex
The towns of Essex and Amherstburg will be increasing their environmentally-friendly footprint after receiving grants from the province to install new electric vehicle charging stations.
New Electric Vehicle Charging Stations For Wellington County  BlackburnNews.com
Ontario invests $20 million for electric vehicle charging stations  Daily Commercial News
Defiant drivers prompt city to shut Windermere Road span, forcing lengthy and ...
Construction pylons stretch across both lanes of Windermere Road, which is closed for repairs to the Stoney Creek bridge that are scheduled to last until November, in London.
Officials promptly close bridge due to dangerous drivers  CTV News
Disobeying Drivers Close Windermere Road For “Several Months”  640 Toronto News
Marion Street widening, rapid transit among priorities for Liberals cash: Bowman
City bureaucrats are busy sussing out the details behind the first phase of the Liberals' much anticipated infrastructure program, Winnipeg's mayor says.
New cabinet ministers bode well for municipalities  Winnipeg Free Press
Mount Polley: Mines minister accepts scathing report but won't resign
B.C.'s minister of energy and mines said he will consider the recommendations from a damning report by the province's auditor general that concluded his ministry's regulation of the mining industry does not adequately protect British Columbians from ...
B.C.'s mines regulator failing at its job, says auditor general  BCBusiness
May 4, 2016 | Calls for Bennett's resignation after mining report  Energeticcity.ca