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Canadian markets news

Alberta fires torch economy, biggest monthly GDP decline in years
OTTAWA -- The Alberta wildfires torched the Canadian economy in May, driving the country into its worst one-month performance since the darkest days of the Great Recession seven years ago.
Canada's economy shrinks 0.6 per cent in worst month since 2009 recession  Financial Post
Imperial Oil posts $181M loss tied to Fort McMurray wildfires
The Globe and Mail  
Ottawa posts small $114M surplus to start fiscal year
Ottawa posted a small surplus of $114 million in April and May combined, the Department of Finance said Friday. Ottawa's fiscal year begins on April 1st and runs until March 31, and over a 12 month period Ottawa's books will typically seesaw between ...
Ottawa runs $114M surplus over first 2 months of 2016-17  CTV News
Canada posts narrower budget surplus at start of fiscal year  Reuters Canada
TSX and loonie creep higher, oil near 4-month low
The Canadian dollar was at 76.79 cents US around midday Friday, up 0.71 of a cent from Thursday's close. On Friday, the S&P/TSX composite index was slightly positive, up a modest 10.44 points to 14,563.16.
Toronto stock index and loonie creep higher, oil near 4-month low  CTV News
At midday: TSX flat, on track for weekly loss
Canada's main stock index was flat on Friday as economic data and energy earnings highlighted the damage done by a massive wildfire that hit oil sands production starting in May, with the index headed for its first weekly decline since mid-June.
TSX, Wall Street fall, dragged down by energy and disappointing data  Financial Post
TSX slips in early trading, heads for first weekly decline since mid-June
Mayor hopes app will eliminate long ferry tickets lineups
If you're thinking of getting away from the city this long weekend, there may be an easier way to get to the Island. Starting tomorrow, you can buy ferry tickets for the Jack Layton Ferry Terminal through a smartphone app, pay with a credit or debit ...
Toronto to test mobile ticketing app for island ferry  Toronto Star
Skip the line: New app lets Toronto ferry riders buy tickets  680 News
Oil giants look to invest despite losses and price collapse
Since oil prices began to nosedive two years ago, Cenovus Energy has been on its heels, desperately trying to cut costs. Management slashed capital spending, delayed projects and cut the workforce, among other measures.
Cenovus Energy considers resuming delayed oilsands projects after big cuts  Calgary Herald
Oilsands Giant Suncor Might Actually Leave Its Oil In The Ground  Huffington Post Canada
North Battleford finds temporary solution to water woes due to Husky oil spill
WATCH ABOVE: Coverage of the Husky Energy oil spill near Maidstone into the North Saskatchewan River. What is this? Sponsored content is written by Global News' editorial staff without any editorial influence by the sponsor.
Saskatchewan oil spill 'not as bad as people fear': expert
Husky oil spill: provincial update for Friday, July 29
Requested rate increase of 1.6% - Hydro-Qu�bec honors its commitment with a ...
MONTR�AL, July 29, 2016 /CNW Telbec/ - Hydro-Qu�bec Distribution has filed with the R�gie de l'�nergie for a rate adjustment of 1.6%, effective April 1, 2017, for all residential customers and most business customers.
Hydro-Qu�bec wants to increase rates by 1.6%
Hydro Quebec requests 1.6% energy rate increase  CJAD
Moose Jaw police called about trespassing Pokemon Go players
Moose Jaw police were called about some Pokemon Go enthusiasts this week - but they weren't able to catch 'em at all. It all started when somebody called reporting trespassers late Wednesday night.
Painful questions about Regina's water supply  Regina Leader-Post
Moose Jaw police say man drove drunk, crashed and ran  News Talk 650 CKOM
5 questions you have about the housing market
Markets are frothy. Emotions are high. Yet, all you really want is to know whether or not the single largest investment you made will avoid a price crash and continue to add substantial value to your net worth statement.
Don't Even Think About Taxing Foreign Buyers In Toronto  Huffington Post Canada
3 Reasons Why Canada's Housing Meltdown Won't Happen Anytime Soon  The Motley Fool Canada