Fresh signs that the U.S. Federal Reserve is considering pulling back on efforts to support the U.S. economy rattled global markets Thursday in a wave that hit every major asset class.

BURLINGTON, Ont. -- Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to start spending.

Wind Mobile's foreign owner may be pulling out of a deal to gain full control of the company but the prospects for consolidation of Canada's small wireless providers remain more or less the same - that is to say, up in the air.

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.

Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.

MONTREAL - Convenience store operator Alimentation Couche-Tard is seen as a likely bidder to purchase retail assets from oil and gas giant Hess as it seeks to further boost its U.S.

The UNESCO world heritage committee says a monitoring mission should be sent to Gros Morne National Park to assess fracking risks.

It's time to look at taking the cars off downtown King St. - and maybe Queen as well - at least in the morning rush, says the head of the TTC.

Premier Alison Redford made a high-profile pitch for new oil and gas development as the keynote speaker at a New York conference on energy independence today.

Heavy traffic and many large trucks use the Pattullo Bridge during rush hour this month in New Westminster. A new Pattullo Bridge is one of TransLink's top priorities.