Posthaste April 5: Canada’s big jobs miss, SNC sells 407 stake and … marijuana growing pains

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Posthaste April 5: Canada’s big jobs miss, SNC sells 407 stake and … marijuana growing pains
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Stuff you need to know this morning

Good morning!Breaking this morning — SNC-Lavalin sells most of its stake in Highway 407 to OMERS for up to $3.25 billion. Canada’s job numbers are in and they’re not pretty. The economy lost 7,200 jobs in March; economists had been expecting a gain.

Two of Canada’s big bank CEOs had their own warning about our economy, telling shareholders that Brand Canada is slipping on the global stage, and FP’s Vanmala Subramaniam gets the inside story on challenges of growing marijuana on a massive scaleCanada’s two biggest markets for real estate are now poles apart, write housing experts Murtaza Haider and Stephen Moranis. Data out this week showed a steadying Toronto market but painted a grimmer picture in Vancouver.

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