Royal Bank of Canada has taken the top spot among the big banks in an influential annual survey of customer satisfaction, knocking off Toronto-Dominion Bank, which had held the honour for 10 consecutive years.
TransCanada Corporation says this year's second-quarter earnings were down nearly 14 per cent from last year, largely because of the cost associated with its US$13-billion acquisition of an American pipeline company.
(Reuters) - Canadian meat processor Maple Leaf Foods MFI.TO reported a quarterly profit that squeezed past estimates as lower operating costs and increased pricing more than offset a fall in volumes in its meat products business.
Canada's main stock index was set to open lower on Thursday as oil prices slipped to 3-month lows a day after data showed a surprise rise in U.S.
Spending from one of Canada's largest oil sands producers is set to resume after years of budget cuts, but only if Ottawa can offer more cost certainty.