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.

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.

Verizon Communications Inc. is gauging the possibility of entering the Canadian wireless market, Fran Shammo, the company's chief financial officer, said Tuesday.

REGINA - A stronger mining sector will drive Saskatchewan's economy to 2.9 per cent growth this year - good for third place among the provinces - and 3.4 per cent in 2014 for a second-place finish behind Alberta, said the latest provincial outlook from ...

In the end, there were no bids for Imperial Oil's 95-year-old Dartmouth refinery. There were some interested buyers who had been looking at the refinery right up until the end, says Gilles Courtemanche, Imperial's vice-president of refining and supply.

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.

U.S. stocks fell more than 1 per cent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.

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.

TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.

PARIS - A�roports de Montr�al said Wednesday at the Paris air show that it will build an 80,000-square-foot facility in Mirabel in the next six months for $9.5 million and will lease it to French-based firm Aerolia Canada Inc. for up to 30 years.