Ben Nelms/BloombergThe downturn in the oilsands is largely to blame for Canada's lack of economic growth this quarter. Twitter · Google+ · LinkedIn · Email · Typo?
National PostBank of Nova Scotia, Canada's third-largest lender by assets, also said Friday it plans to buy back up to 24 million shares, or about 2 per cent of its stock, within the next year.
Canadians are showing a strong ability to manage their debts even as housing prices rise, with arrears on CMHC mortgages at a low 0.34 per cent for the first quarter of this year, according to new figures from the federal housing agency.
Vancouver-based Vantage Airport Group will lead a consortium that has been chosen to manage a $3.6-billion US redevelopment of New York's LaGuardia Airport.
CALGARY -- The Alberta Securities Commission is warning investors to beware of unregistered companies offering online trading services.