An economist at Canada's biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels.
Commuters walk past a Sears store in Toronto on Thursday April 25, 2013. Sears Canada Inc. reported a net loss of $21.3 million, or 21 cents per share, in the second quarter, compared to a profit of $152.8 million, or $1.50, in the same period last year.
Bank of America Corp.'s record U.S. settlement over the sale of mortgage bonds in the run-up to the 2008 financial crisis could be announced as soon as today, two people with knowledge of the matter said.
Instead of opening 124 stores in this country last year, the second-largest discounter in the United States should have launched just five to 10 outlets and �refined� the operations before rolling out more, chief financial officer John Mulligan said on Wednesday.
MONTREAL - An intruder has deliberately set loose 3,000 minks from a rural Quebec fur farm and some of the creatures may have found their way off the property, provincial police and wildlife officials said Wednesday.