Hydro-Qu�bec is asking the province's energy board for permission to increase rates next year by nearly six per cent. That would cost the average homeowner $120 more per year.
By Solarina Ho. TORONTO (Reuters) - Canada's main stock index rebounded from a six-week low on Friday as stronger-than-expected jobs reports at home and in the United States bolstered expectations that the economic recovery has momentum.
Finance Minister Jim Flaherty said Friday he regrets that Canada's housing agency has grown as large as it has and promised to take additional measures if a reduction in the amount of government insurance on mortgages is needed.
... Stocks. * Fourth-quarter adjusted profit C$1.31 vs est C$1.32. * Profit at Canadian retail banking business jumps 23 pct.
There are economic factors at play that slowed down online shopping in Canada but a nagging detriment to the e-commerce market is a relative lack of options consumers have at their disposal, especially in comparison to what's available in the U.S.