TORONTO - Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.

MONTREAL�Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada but says it's interested in working with the Canadian government on another approach.

Imperial Oil is closing its refinery in Eastrern Passage and converting it into a marine terminal. The company said it could not find a buyer for its facility to continue operating as a refinery.

TORONTO - The Canadian dollar was slightly higher Wednesday ahead of the mid-afternoon release of the U.S. Federal Reserve's latest policy statement and economic projections.

NEW YORK--Stocks edged lower in early trading, as investors looked ahead to the afternoon's Federal Reserve policy announcement.

Statoil says it has discovered light, high-quality oil in the Flemish Pass basin 500 kilometres northeast of St. John's, raising hopes for an as-yet-untapped part of the Newfoundland offshore.

TORONTO -- The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.

VANCOUVER - No longer the �Gore-Tex vortex� of outdoor retailing, Mountain Equipment Co-op has launched the first major rebranding since its founding to acknowledge that its customers are as likely to be engaging in yoga or paddle boarding as they are ...

tim-hortons A row of Tim Hortons coffee cups are lined up for customers at Penn Station in New York in this July 13, 2009 file photo.

A campaign that raised $200,000 dollars to purchase an alleged video appearing to show Toronto Mayor Rob Ford smoking crack was a �beautiful example� of the fundraising power of the Internet, says the website that hosted the controversial crusade.