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.
The foreign backer of cellphone upstart Wind Mobile has withdrawn its bid to take full ownership of the company, a move that leaves Canadian born founder Tony Lacavera with the option of pursing a takeover bid of his own.
Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.
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.
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 ...