TORONTO - A new report suggests nearly half of Canadian homeowners intend to buy a property in the next five years, despite a cooling off in the housing market.

(Reuters) - Department store chain Sears Canada Inc (SCC.TO: Quote) posted a loss in the first quarter compared with a profit last year, and named E.J.

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.

Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.

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.

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.

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 ...

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.

Canada's banking regulator Julie Dickson says that her agency is a dark place, and that gives her comfort as she prepares to enter her final year on the job.

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.