Canada Post president and CEO Deepak Chopra is defending his corporation's tough new business plan, saying the end of door-to-door mail delivery will allow Canada to become a world leader in electronic commerce.
Imperial Oil Ltd. has applied to build a $7-billion steam-driven Alberta oil sands project during a period in which industry-wide costs are expected to climb because numerous major developments will be under construction.
Two of Barrick Gold Corp.'s independent directors resigned suddenly on Tuesday, the company said in a surprise announcement that came less than two weeks after it overhauled its board and nominated four new independent board members.
The smartphone maker's executive vice president in charge of global sales, Rick Costanzo, will be leaving the company by early next year, according to these people.
Market volatility spurred by the U.S. Federal Reserve's plans to scale back its massive stimulus program is far less of a concern now than it was earlier this year, Bank of Canada Governor Stephen Poloz told Reuters on Tuesday.