TORONTO -- Ontario is projecting that its deficit for next year will be $7.5 billion, as the Liberal government maintains it can eliminate the deficit by 2017-18.
CEO Jon Corzine and other executives with MF Global have settled a class action suit co-led by Alberta's AIMCo by agreeing to pay $64 million, AIMCo says.
TORONTO -- The Competition Bureau says local regulations on the taxi industry need to be overhauled to deal with new competition from alternatives like the ride-hailing service Uber.
Canada's main stock index on Thursday, helped by a gain in heavyweight pharmaceutical company Valeant Pharmaceuticals International Inc. and rising material stocks, while energy names slipped in line with a fall in crude oil prices.
MONTREAL -- Resolute Forest Products (TSX:RFP) is suspending indefinitely its wood-cutting operations in Quebec's Mauricie region near Trois-Rivieres.