Mark Carney's final speech as Governor of the Bank of Canada could also be read as his first as the head of the Bank of England, a position he inherits in July.

By John Tilak. TORONTO (Reuters) - Canada's main stock index jumped more than 1 percent to hit nearly a two-month high on Tuesday, fueled by gains in most major sectors and optimism following positive economic data from Europe.

Corrupt civil servants, shady engineering bosses, a mayor who didn't see anything and another who allegedly acted as a gangster, although - and this is a redeeming factor - he does not smoke crack.

CALGARY�A crude-carrying train operated by Canadian Pacific Railway Ltd. derailed in central Saskatchewan Tuesday, leaking 575 barrels of crude oil from one of five tankers that left the tracks.

SARNIA, Ont. - Activists plan to protest in Sarnia, Ont., as a two-day national conference on oil sands bitumen kicks off today. The �Bitumen Adding Value Conference� is meant to bring together industry leaders, experts and decision-makers to discuss the ...

WASHINGTON -- David Jacobson is leaving his post as U.S. ambassador to Canada in July to become vice-chairman of one of Canada's largest banking groups.

The Federal Court of Canada has dismissed a challenge by two unions over a Vancouver-based company's hiring of 201 temporary foreign workers from China for a coal project in northern British Columbia.

Canada's banking watchdog fears that ultra-low interest rates are forcing banks to take undue risks in order to maintain profits.

The City of Saskatoon said the Circle Drive South project is on track to be completed by the end of July. The project was originally scheduled to open in September 2012, but city officials said heavy snow and freezing rain caused delays.

A vitriolic meeting dragged on late into the night Tuesday before councillors narrowly voted to hire a veteran municipal lawyer to investigate a scathing report from the auditor general that said he was threatened for trying to do his job.