Canadian stocks rose on Wednesday to the highest level since October, as Bank of Montreal's results added to a rally among lenders and higher crude prices bolstered the nation's energy producers.
The Bank of Montreal said Wednesday it is cutting about 1,850 positions from its workforce as consumers shift more of their banking online and technological advancements allow it to digitize some of its operations.
OTTAWA -- The economy will be weaker than expected in the second quarter due to the Alberta wildfires, the Bank of Canada said Wednesday as it kept its key interest rate steady at 0.5%.
LAV III armoured vehicles on display at the CANSEC defence industry trade show in Ottawa, May 25, 2016. Leslie Young / Global News.
Food court mogul Stanley Ma's MTY Food Group Inc. has struck a friendly $400-million deal to acquire Arizona-based Kahala Brands Ltd.