The U.S. Federal Reserve is poised to begin slowly backing away from years of extraordinary stimulus, a statement of renewed confidence in the U.S.

First posted: Wednesday, June 19, 2013 08:06 PM EDT | Updated: Wednesday, June 19, 2013 08:12 PM EDT. wind-mobile WIND Mobile is set to open up shop in Woodstock, Ontario.

Making his first public speech since taking over as Governor from Mark Carney in early June, Mr. Poloz appealed Wednesday for Canadians to hang tight as an export-led recovery and rising business confidence gradually take root.

Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.

Alberta Premier Alison Redford delivered an ardent pitch for expanded development of her province's oil sands, calling it critical to the long-term growth and security of the United States and Canada.

The investable wealth of the world's richest people reached a record high of $46.2 trillion US in 2012, a report by RBC Wealth Management and the consulting firm Capgemini has found.

CALGARY - Alberta's economy is positioned to grow at the top-end of Canada's provincial economic growth rankings in 2013 and lead the country in 2014, says a new report released Wednesday by RBC Economics.

PARIS - If and when Bombardier Inc.'s CSeries takes to the skies for the first time in Mirabel next week, it will be powered by about 40,000 roaring pounds of thrust.

Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.

Tue Jun 18, 2013 4:13pm EDT. (Adds comments from shareholder, analysts; updates stock price, background on Scout Capital). By Susan Taylor.