What do you say when your six-year-old company that has no profit and barely any revenue gets bought for more than $1 billion in cash?

MONTREAL - Many Montreal offices are closed this holiday Monday but other services vary: Most City of Montreal offices, including Acces Montreal offices and borough offices, are closed through Monday.

WINDSOR, Ontario - Assumption Park gives residents of this city lovely views of the Ambassador Bridge and the Detroit skyline. Lately they've been treated to another sight: a three-story pile of petroleum coke covering an entire city block on the other side of ...

A decade after a case of mad cow disease closed borders to Canadian beef and devastated the industry, Canada's current agriculture minister says federal funding was wasted in dealing with the crisis.

The Canadian dollar declined for a fifth time in six days versus its US peer as a regional Federal Reserve president said the central bank may begin slowing monthly bond-buying as the labor market strengthens.

Canadian aeroplane maker Bombardier said on Monday it had expanded its Challenger business jet series with the launch of the Challenger 350 aircraft.

Royalty Pharma, an investor in royalty streams from pharmaceuticals, raised its offer to buy Elan Corp. (ELN) after the Irish drugmaker announced several acquisitions to boost revenue and resist the bid.

Since it exited a 10-month restructuring process and Chapter 11 protection in February, the rebranded Beechcraft (formerly Hawker Beechcraft) has performed well and is even looking at possible new models to bolster its turboprop line-up.

FLINTSTONE, Md. - The flashy jangle of slot machines is a far cry from the stillness of Rocky Gap State Park in western Maryland, but state and local leaders are betting that this week's planned casino opening will transform a struggling lakeside lodge into ...

The housing market is slowing. Consumer debt levels are sky high. But don't count Canada's banks out yet. For the past few quarters, the banks faced the same headwinds, but every three months analysts and investors were pleasantly surprised with their ...