TORONTO (Reuters) - National Bank of Canada (NA.TO: Quote) reported a 6 percent increase in its quarterly operating profit on Friday, while also outlining plans to buy back shares and raise its quarterly dividend.

WINNIPEG -- Manitoba Telecom Services Inc. (TSX: MBT) has agreed to sell its Allstream business telecommunications arm and use about half of the proceeds to reduce its pension and debt obligations.

Proposed changes to U.S. meat labelling laws are unsatisfactory and continue to discriminate against Canadian beef and hog producers, Ottawa says, raising the spectre of retaliatory action from the federal government.

At least a half dozen energy companies have come up dry in efforts to attract the rich bids they envisaged when they put oil sands assets on the auction block in the past year, showing downward pricing pressure on a sector touted as the cornerstone of ...

TransCanada Corp. (TRP) won another of the remaining Texas state-court challenges by landowners trying to block construction of the Keystone XL tar-sands pipeline across their property.

Vancouver remains the least affordable city to buy a house in Canada while home ownership in Toronto is becoming more difficult, Royal Bank of Canada Economics Research said.

Metro Vancouver's port authority says it is taking the proper steps to ensure public safety in the Lower Mainland, as environmental groups accuse it of abandoning its responsibility by allowing a company to hold public consultations on a coal port project.

The city is looking into a long-term strategy to deal with the thousands of potholes dotting Edmonton roads. Transportation manager Bob Boutilier said more money is needed to do roadway maintenance and rehabilitation.

As our regular CityNews.ca series continues, we look at events happening in Toronto and near the city for a variety of ages and interests.

CORNER BROOK, N.L. -- Charges laid following the discovery of nearly 200 cats at a home in Corner Brook, N.L., have been dropped following an agreement between the city and the home's owner.