Mike Durland, the head of Bank of Nova Scotia's global banking and markets division, has become the latest in a long line of executives to depart the bank.
MONTREAL - MONTREAL (AP) _ CAE Inc. (CAE) on Wednesday reported fiscal third-quarter profit of $43.2 million. On a per-share basis, the Montreal-based company said it had net income of 16 cents.
TORONTO - The price of oil remains weak but slightly above a nearly 13-year low set on Tuesday after it dropped below US$28 a barrel.
Canada's main stock index rose on Wednesday as financial stocks clawed back some losses from the start of the week, offsetting energy and mining stocks that slid as crude oil prices fell.
MONTREAL—The Canadian National Railway Co. has announced plans to invest nearly $3 billion in its rails and rolling stock throughout 2016.