Asian shares headed for the biggest loss since September 2011 and European stock futures slumped on concern the Federal Reserve may phase out stimulus and as China's cash crunch worsened.

The new Governor of the Bank of Canada, Stephen Poloz, makes his first public appearance at an Oakville Chamber of Commerce luncheon on Wednesday.

Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.

Calgary could have up to 30 kilometres of separated bike lanes by the year 2020. That's if all goes according to plan with the city's cycle track project, the first phase of which is the soon-to-be-opened cycle track on 7th Street SW.

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.

Economic growth in Alberta continues to look strong for the remainder of this year, according to the latest RBC Economics Provincial Outlook report.

Canadian Natural Resources Ltd. (CNQ), the nation's third-largest oil and natural gas producer by market value, is evaluating acquisitions as a lack of export conduits and financing keeps industry share prices depressed.

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.

TransLink is pitching regional road pricing as a means to generate up to $23 billion to maintain and upgrade Metro Vancouver's transit system over the next 30 years.

EDMONTON - Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.