Orascom Telecom Holding announced Wednesday that it is pulling back its application to acquire full control of Wind Mobile Canada, in which it already held a partial interest, saying it made the decision after a review process and discussions with the federal ...

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.

By John Tilak. TORONTO (Reuters) - Canada's main stock index retreated on Wednesday morning on market foreboding about what the U.S.

Imperial Oil is closing its refinery in Eastern Passage and converting it into a marine terminal. The company said it could not find a buyer for its facility to continue operating as a refinery.

Norwegian oil giant Statoil ASA said Wednesday it made a big discovery of light oil offshore Newfoundland, the latest find in Canada's Atlantic region--a big and fast-growing petroleum play that's often overshadowed by the country's western oil-sands ...