German industrial conglomerate Siemens AG SIEGY 0.01 % has held talks to combine its rail unit with Canada-based Bombardier Inc. BDRBF 5.93 % 's train business, people familiar with the matter said.
Amid talk U.S. President Obama is about to reject the Keystone XL pipeline, Alberta Energy Minister Marg McCuaig-Boyd says the provincial government will not intervene.
Tyler Anderson/National PostHome Capital Group CEO Gerald Soloway. Home Capital has been the target of a number of U.S. short sellers recently as questions linger around a sharp drop in new mortgages and its split with a number of brokers.
On Wednesday, the board predicted the economy will grow by 1.6 per cent this year, Canada's worst showing since 2009. In May, it forecast growth of 1.9 per cent.
LONDON (Reuters) - The dollar jumped and world stocks were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S.