Making his first public speech since taking over as Governor from Mark Carney in early June, Mr. Poloz appealed Wednesday for Canadians to hang tight as an export-led recovery and rising business confidence gradually take root.
In introductory remarks, Federal Reserve Chariman Ben Bernanke said the Fed is reviewing its exit-strategy principles set out in June 2011.
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.
EDMONTON - Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.
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.