Canada's oil producers are being told to brace for more bad news, even as they struggle to cope with a collapse that has driven prices down by nearly 60 per cent from their peak last June.
OTTAWA - The Bank of Canada surprised financial markets by cutting its key interest rate by 0.25 per cent on Wednesday, reported CBC News.
TORONTO (Reuters) - Canada's main stock index edged higher on Friday and recorded a sharp weekly gain as investors welcomed moves by the Bank of Canada and the European Central Bank earlier this week.
After governments abandon fiscal prudence, they will soon search for any and all ways to tax people more. This is the reality playing out in Alberta where Premier Jim Prentice has floated multiple tax increase trial balloons.
IBM's Watson cognitive computing system started out by winning Jeopardy, a rather frivolous proof-of-concept for some interesting technology.