Pierre Cl�roux, the chief economist of the Business Development Bank of Canada, was channelling outgoing Bank of Canada governor Mark Carney in a presentation to Winnipeg bankers Tuesday.

Corrupt civil servants, shady engineering bosses, a mayor who didn't see anything and another who allegedly acted as a gangster, although - and this is a redeeming factor - he does not smoke crack.

SARNIA, Ont. - Activists plan to protest in Sarnia, Ont., as a two-day national conference on oil sands bitumen kicks off today. The �Bitumen Adding Value Conference� is meant to bring together industry leaders, experts and decision-makers to discuss the ...

Since the start of the year, the S&P/TSX bank index is up just 3 per cent, leaving investors who rely on these institutions for returns incredibly underwhelmed.

Canada's banking watchdog fears that ultra-low interest rates are forcing banks to take undue risks in order to maintain profits.

By Richard Hubbard. LONDON (Reuters) - The dollar and benchmark German debt yields eased on Wednesday as expectations hardened that the head of the U.S.

Talks between Resolute Forest Products Inc. and environmental groups, part of the grand plan for logging companies and environmentalists to collaborate on protecting Canada's boreal forest, have collapsed.

Undeterred by record-high housing prices and bolstered by low borrowing costs, nearly half of Canadian home owners plan to buy a property in the next five years, although intentions vary sharply from city to city, a poll released Wednesday has found.

Emergency crews have contained crude oil leaking from a damaged rail car, according to a Canadian Pacific Railway spokesman. The derailment happened early this morning about 150 kilometres east of Saskatoon.

The Federal Court of Canada has dismissed a challenge by two unions over a Vancouver-based company's hiring of 201 temporary foreign workers from China for a coal project in northern British Columbia.