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Canadian markets news

CMHC to hike mortgage insurance premiums starting March 17
The Canada Mortgage and Housing Corporation will charge borrowers a few dollars more every month to insure their mortgages starting in March.
CMHC to hike mortgage insurance premiums in March  The Globe and Mail
Mortgage insurance premiums on the rise for Canadians, some by more than 10%  Financial Post
Globalnews.ca  
Gold jumps to 8-week high on nervousness over Brexit, Trump
Gold prices jumped to their highest levels since mid-November on Tuesday as nervousness surrounding Britain's push to exit from the European Union's single market and U.S.
Trump Comments Send Dollar Lower  MarketPulse (blog)
Trump, Brexit uncertainty hit stocks and dollar, gold jumps  Daily Mail
Canadian dollar at the mercy of Trump's first 100 days
The Canadian dollar will soon be at the mercy of Donald Trump's first 100 days as U.S. president. No one can predict what will happen with any certainty because of the lack of any certainty surrounding Mr. Trump's fiscal and economic programs.
Donald Trump auto export plan may backfire, experts say  Toronto Sun
Donald Trump expands attack on auto sector with Magna and Linamar taking the hit  Windsor Star
China's Xi defends global trade at World Economic Forum in Davos
Chinese President Xi Jinping on Tuesday trumpeted the need for free trade and urged the world to "say no to protectionism," delivering a strong rebuke to isolationist tendencies that helped fuel Donald Trump's presidential election victory.
Chinese leader pushes back against Trump on free trade  The Globe and Mail
Xi Jinping signals China will champion free trade if Trump builds barriers  The Guardian
Trudeau's Oilsands 'Phase Out' Remark Not So Different From Harper: PMO
Prime Minister Justin Trudeau's spokesman is suggesting his boss was echoing the sentiments of his predecessor when he said Canada would “phase out” Alberta's oilsands.
Oilsands phase-out freak-out explained: Conservatives think road back to ...  rabble.ca (blog)
Jane Fonda's tour of the oil sands and the problem of proximity  The Gateway Online
2016 was a record-setting year for Canada's housing market
Canada's real estate market will have a hard act to follow after a record-setting 2016 for prices and sales. The average price for various housing types sold nationally for all of 2016 reached a new yearly high of $490,495, up 10.7 per cent from 2015 ...
Home sales won't be as big an economic boost this year, CREA says  BNN
Home sales rebounded in December following large drop in November: CREA  CTV News
The future in Davos
Nothing will remain the way it is now. Welcome to the digital world, one of the main topics this year at the World Economic Forum in Davos, Switzerland.
Full interview: Tech expert Don Tapscott on global co-operation in the Trump age  CTV News
Don Tapscott Predicts "Blockchain Davos" at World Economic Forum  Nasdaq
Vandals used construction equipment to cause $500000 worth of damage to ...
HYTHE, Alta. - Mounties are investigating after a pipeline in northwestern Alberta was vandalized, causing more than $500,000 damage.
Vandals used heavy equipment to pull a chunk of pipeline out of the ground ...  National Post
Richmond looks to regulate 'monster homes' on farmland
This week, Richmond city council is looking at bylaws that restrict the size of so-called "monster homes" on farms. Lower Mainland farms are some of the most productive in North America but they are being edged out by high real estate prices, a leading ...
Richmond council to tackle issue of 'mega-homes' consuming farm land  CKNW News Talk 980
Canadian dollar, S&P/TSX composite index down; US stock markets closed
TORONTO - The Canadian dollar and Toronto Stock Exchange lost some ground Monday as key U.S. markets stayed closed for a holiday south of the border.
Canadian stock market down following Donald Trump's auto comments  Business Standard