CANADA STOCKS-Futures decline as oil prices slip

Nov 9 (Reuters) - Canada’s main stock index futures fell on Friday, as a fall in oil prices due to increased global supply of crude dragged down energy shares.

December futures on the S&P/TSX index were down 0.48 percent at 6:56 a.m. ET.

The Toronto Stock Exchange’s S&P/TSX closed down 11.96 points, or 0.08 percent, at 15,357.47, on Thursday.

Dow Jones Industrial Average e-mini futures were down 0.49 percent at 6:57 a.m. ET, while S&P 500 e-mini futures were down 0.55 percent and Nasdaq 100 e-mini futures were down 0.83 percent.

U.S. cannabis retailer Harvest Enterprises Inc is set to raise $230 million (C$303 million) in a deal that would value the company at about $1.5 billion when it goes public in Toronto as early as next week, people familiar with the situation told Reuters on Thursday.

Germany’s antitrust regulator on Friday approved the planned merger of department store chains Kaufhof and Karstadt, owned by Canada’s Hudson’s Bay Co (HBC) and Austria’s Signa Holding.

Construction industry leaders in British Columbia are urging the Canadian government to ease new limits on steel imports that they fear will have a disproportionate impact on the western province, according to a letter seen by Reuters.

Trinidad Drilling Ltd: Canaccord Genuity cuts rating to hold from buy

Stantec Inc: CIBC cuts rating to neutral from outperformer


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