BURLINGTON, Ont. -- Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to start spending.
Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.
Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.
A stronger mining sector will drive Saskatchewan's economy to 2.9 per cent growth this year - good for third place among the provinces - and 3.4 per cent in 2014 for a second-place finish behind Alberta, the latest provincial outlook from RBC Economics ...
Canadian Natural Resources Ltd. (CNQ), the nation's third-largest oil and natural gas producer by market value, is evaluating acquisitions as a lack of export conduits and financing keeps industry share prices depressed.