Wed Jun 19, 2013 12:59pm EDT. * Fed expected to maintain pace of bond purchases. * Adobe, FedEx shares rise after results. * Dow, S&P off 0.1 pct, Nasdaq off 0.2 pct.

By Alastair Sharp. TORONTO (Reuters) - A subsidiary of European telecoms company Vimpelcom Ltd (VIP.N: Quote) has withdrawn its bid to acquire control of Canada's Wind Mobile, a surprise move that creates further uncertainty about the future of the ...

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 show some ...

Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw Cos.

TORONTO -- An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.

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.

Imperial Oil Ltd. will shut its 95-year-old Dartmouth, Nova Scotia, oil refinery after a 13-month search for a buyer came up dry due to the brutal impacts of far too much production capacity on both sides of the Atlantic and the need to import expensive crude into ...

Consumer use of technology is transforming media and entertainment companies with almost 60 per cent of their revenues expected to come from digital sources by 2015, a new global survey says.

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 ...

At least two groups of American hedge funds have bought large chunks of Tim Hortons shares recently, a sign the activist investors want to push the company to make major changes to its business, or possibly give up some control over the company.