A promise from the three Maritime provinces to have a levy in place before the end of the year to support a marketing strategy for the region's embattled, $1-billion lobster industry is facing more delays.
Asian stocks jumped, with a gauge of shares outside of Japan climbing the most in two weeks after China unexpectedly cut interest rates, joining Europe and Japan in bolstering economic stimulus amid a global slowdown.
Strong inflation growth led speculators to bet the Bank Of Canada would increase rates sooner than expected. With economic growth still gradually recovering, however, many question whether a rate rise would be beneficial to the overall economy.
Bixi Montreal's board of directors has a five-year plan to ensure the future of the city's bike-sharing program. If approved, it will cost taxpayers $2.9 million per year to keep Bixi alive until 2019.
The company behind a sour gas well rupture southwest of Airdrie says it will provide an update in the next few hours about the situation.