Commuters walk past a Sears store in Toronto on Thursday April 25, 2013. Sears Canada Inc. reported a net loss of $21.3 million, or 21 cents per share, in the second quarter, compared to a profit of $152.8 million, or $1.50, in the same period last year.
Canada's benchmark stock index hit a new all-time high of 15,561 on Wednesday, buoyed by higher commodity prices and despite some shaky corporate profits.
Executives sounded upbeat about a strong start to the back-to-school shopping season Wednesday as they discussed the retailer's latest quarterly results.
The dollar extended its gains against the yen during Asian trading Thursday after the minutes of the latest meeting of the Federal Open Market Committee sounded a more hawkish tone.
Littlefoot, a grizzly yearling, has been released back into the wild near Cranbrook, BC. He was found this spring severely underweight after being orphaned prior to hibernation last fall.