TORONTO -- The Royal Bank of Canada, which faced a fierce backlash earlier this year over an outsourcing arrangement involving the use of temporary foreign workers, said Friday it won't send work offshore just to save on salaries.

By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.

The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.

Kinder Morgan announced Friday that it has taken another step toward twinning its Trans Mountain pipeline by filing a project description with the National Energy Board.

TD-bank Toronto-Dominion Bank Group President and Chief Executive Ed Clark delivers a speech at the company's annual general meeting in Victoria, British Columbia in this March 31, 2011 file photo.

Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...

MONTREAL - When SNC-Lavalin Group Inc. chief executive Jacques Lamarre met a hot-shot engineer named Sami Bebawi for dinner in mid-1998, he was looking for someone who could help turn around the company's money-losing construction unit after ...

Canada ranks third last among economically advanced countries in the amount of paid vacation time it guarantees its workers, a new U.S.

Egyptian billionaire Naguib Sawiris's deal to buy Allstream, sealed after a two-year pursuit, is likely the first step in a larger plan to create a new telecommunications competitor.

The City of Regina wants to get bigger and that could means extending it's borders to include a neighbouring rural municipality.