Stock markets have been recovering this morning from two days of losses following the so-called Brexit vote. The Toronto Stock Exchange's S&P/TSX composite index was up 149 points at 13,839 in afternoon trading.
The debt and spending levels of Canada's provincial, territorial and local governments are unsustainable, and will need permanent increases in revenue or spending cuts to stabilize their balance sheets, says the parliamentary budget officer.
An independent advisory group tasked with reviewing a series of damning revelations about unscrupulous activity in B.C.'s overheated housing market says Realtors who break the rules should face fines of up to $250,000.
DETROIT -- Volkswagen will spend up to US$15.3 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests in what lawyers are calling the largest auto-related class-action settlement in U.S.