Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...

The U.S. House of Representatives has turned up the political heat on the Obama administration over the controversial Keystone XL pipeline, passing a bill Wednesday that would grant approval for the project.

TORONTO, May 22 (Xinhua) -- The Canadian stock market closed higher Wednesday as investors were reassured by further signs that the U.S Federal Reserve, the central bank of the United States, has no plan to end its easy monetary policy in the near ...

Almost a year after the federal government's latest tightening of the rules for insured mortgages, the association that represents mortgage brokers has come out with a dire assessment of the effect of those changes.

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A council committee has accepted a plan to base inner-city parking rates on how popular parking is on any given street. The two-hour parking rates would also vary depending on the time of day.

Two Toronto-area developers offered up preliminary details of a new highrise planned to tower over all of downtown Winnipeg as the province's highest building.

The mismatch between the level of oil production in Canada and the pipeline capacity to get it to markets is causing a �staggering� blow to the Canadian economy, Toronto Dominion Bank deputy chairman and former New Brunswick Premier Frank McKenna ...

After looking at the forecast over the next couple days, city officials are warning residents to keep off the Glenmore Reservoir. This is to allow the water level to be dropped to accommodate the heavy rainfall, creating a heavy water flow from the Elbow River.

(Reuters) - Department store chain Sears Canada Inc (SCC.TO: Quote) posted a loss in the first quarter compared with a profit last year, as demand for its home products and major appliances fell.