If Mark Carney was to write Canada's economic legacy during his time as the country's top banker, it would likely be one of sound monetary policy, a resilient financial system and a monetary union �that works.

Bank of Montreal has snagged David Jacobson, the U.S. ambassador to Canada, as its next vice chair. In his new role that begins in October, Mr. Jacobson will be responsible for building key customer relationships and business development.

Three years of efforts to protect Canada's boreal forest have ended in failure as negotiations broke down over how much land to set aside for conservation.

TORONTO - The Toronto stock market surged ahead Tuesday following a long holiday weekend, boosted by strong gains in the gold and energy sectors.

Cleanup was underway Tuesday after a freight train derailment in southeastern Saskatchewan in which one of five cars that left the track spilled crude oil.