MONTREAL -- Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada. The Egyptian company says it has made the decision following a review process and discussions with Canada's federal government.

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 - 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.

TORONTO (Reuters) - Canada's main stock index fell on Wednesday, led by lower financial and energy stocks, as investors were nervous ahead of a U.S.

Norwegian oil giant Statoil ASA said Wednesday it made a big discovery of light oil offshore Newfoundland, the latest find in Canada's Atlantic region--a big and fast-growing petroleum play that's often overshadowed by the country's western oil-sands ...

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.

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.

Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.