The Canadian economy turned in its weakest quarter since the Great Recession during the second quarter, as Alberta's wildfires and slumping exports took a big bite out of the country's economic output.
Brent Lewin/BloombergLoans to energy companies account for about two per cent of total loans of Bay Street banks, with Bank of Nova Scotia and Canadian Imperial Bank of Commerce the most exposed to the sector.
Tim Hortons is leaping across the pond in hopes that British tea drinkers might warm to the chain's coffee. Restaurant Brands International, the parent company of Tim's, said Wednesday it has reached a deal with an investor to expand the Canadian ...
Whether they sell baby clothes or medical marijuana, some businesses are looking at delivery alternatives after prolonged and uncertain negotiations despite a tentative agreement announced last night between Canada Post and the union.
TORONTO - Canada's five biggest banks raked in a combined $9.89 billion in profits during the third quarter, as analysts shifted their focus from sour oilpatch loans to a possible housing downturn.