European stock-index futures sank after Federal Reserve Chairman Ben S. Bernanke said the bank may cut bond purchases later this year as the world's largest economy strengthens.

Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.

BURLINGTON, Ont. -- Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to start spending.

Calgary could have up to 30 kilometres of separated bike lanes by the year 2020. That's if all goes according to plan with the city's cycle track project, the first phase of which is the soon-to-be-opened cycle track on 7th Street SW.

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.

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.

Canadian Natural Resources Ltd. (CNQ), the nation's third-largest oil and natural gas producer by market value, is evaluating acquisitions as a lack of export conduits and financing keeps industry share prices depressed.

MONTREAL - Convenience store operator Alimentation Couche-Tard is seen as a likely bidder to purchase retail assets from oil and gas giant Hess as it seeks to further boost its U.S.

TransLink is pitching regional road pricing as a means to generate up to $23 billion to maintain and upgrade Metro Vancouver's transit system over the next 30 years.

EDMONTON - Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.