President Barack Obama has given investors something else to ponder ahead of what is already a highly anticipated statement from the U.S.

CALGARY - Thermal oilsands giant Cenovus Energy Inc. says it will increase its rail transportation capacity to 30,000 barrels per day or 10 per cent of overall production by the end of 2014.

Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.

CALGARY - The Canadian government said on Tuesday it will raise the liability for oil spill cleanups off the country's east and Arctic coasts to $1 billion, a more than twenty-five fold increase from its prior limit.

TORONTO � Bonnie Brooks may be stepping aside as president of Hudson's Bay Co., but she will be taking on an even more important role at the storied department store retailer she helped to revive, its chief executive stressed on Tuesday.