TORONTO - Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.

TORONTO -- The Toronto stock market was lower Wednesday as traders hoped the U.S. Federal Reserve will shed some light on what it intends to do about curbing some of its economic stimulus.

Valeant Pharmaceuticals International Inc. said it raised about $2 billion in an offering of common shares priced at $85 a share. The drug maker will use the proceeds to help fund its planned $8.7 billion acquisition of global eye-care company Bausch & Lomb ...

The following is the text of Canada's wholesale trade report for April from Statistics Canada. Wholesale sales rose 0.2% in April to $49.0 billion, mainly as a result of higher sales in the computer and communications equipment and supplies industry.

Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.

OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday.

A campaign that raised $200,000 dollars to purchase an alleged video appearing to show Toronto Mayor Rob Ford smoking crack was a �beautiful example� of the fundraising power of the Internet, says the website that hosted the controversial crusade.

tim-hortons A row of Tim Hortons coffee cups are lined up for customers at Penn Station in New York in this July 13, 2009 file photo.

Consumer use of technology is transforming media and entertainment companies with almost 60 per cent of their revenues expected to come from digital sources by 2015, a new global survey says.

A former fighter pilot with experience running airports around the world has been named the new head of Vancouver International Airport.