First Read is a morning briefing from Meet the Press and the NBC Political Unit on the day's most important political stories and why they matter.
Finance Minister Bill Morneau said he's pleased to see that some Canadian banks are tightening lending restrictions on foreign buyers.
TransCanada Corp. is offering about $848 million US cash to buy all the equity in Columbia Pipeline Partners LP that it doesn't already own, strengthening its grip on a pipeline network that stretches from New York to the Gulf of Mexico.
Someone who works 40 hours a week at minimum wage will gross $428.80, $8.80 more than the current rate. The annual income, before taxes and other deductions, would be $22,298.
Bloomberg"At a time when Canada needs its businesses to be bolder and more courageous than ever before, almost 90 per cent aren't up to the task," the Deloitte report concludes.